Allied Wallet, a globally leading provider of mainstream online payment processing, is now compatible with Nganluong, Momo, and VTC Pay in Vietnam to support its growing e-commerce market, ranked as one of the top ten fastest growing in the world.

Value Walk listed Vietnam as the #6 fastest growing e-commerce market in the world with an annual growth rate of 32%. It’s currently worth €2.3 billion and highly influenced by the incredible e-commerce growth in China.

We are seeing an unprecedented shift in consumer spending habits. One in five global transactions are now ‘digital’, with online commerce growing at over six times the rate of in-store sales. But this rapid growth is introducing new challenges. Fraud is rising, yet merchants are under pressure to deliver the seamless payment experiences that consumers increasingly demand.

Customers give out payment details over the phone even when they aren’t confident or haven’t considered whether the information will be stored safely, new research by Ultracomms has found.

Today, FICO announced the latest version of its industry-leading Decision Management Platform (DMP). FICO DMP is a platform for cloud-based, digital decisioning solutions. DMP enables organisations to create and rapidly deploy digital decisions across departments, functions, and customer lifecycle stages. FICO DMP spans the entire enterprise, helping organisations to make consistent, data and model-driven decisions. As a unifying platform it breaks down functional silos.

The cloud model is gathering pace as the preferred environment for software deployments among financial services enterprises of all stripes, from fund managers and asset managers, to insurance brokerages and commercial banking institutions.

This is all well and good, because the cloud offers significant benefits to these institutions, ranging from increased agility and reduced capital expenditure, to greater performance and availability for their mission-critical applications.

FSS (Financial Software and Systems), a global payments technology company, and QRails Inc., a financial services technology company, have entered a partnership to provide next generation strong customer authentication to drive frictionless payments. As part of the agreement, QRails will embed FSS Secure3D, an innovative 3DS 2.0 solution, with its sophisticated integrated payment processing and program management services.

Another mobile pain point: tackled. T-Mobile (NASDAQ: TMUS) launched T-Mobile MONEY nationwide. It’s a no-fee, interest-earning, mobile-first checking account that anyone can open and manage right from their smartphone. With T-Mobile MONEY, eligible Un-carrier customers can earn an industry-leading 4.00% Annual Percentage Yield (APY)* on balances up to $3,000 – 50 times higher than the average U.S. checking account – and 1.00 APY% on every dollar over that! Plus avoid all those big bank fees and overdrafts.