There’s been a surge in Sovcombank customers aged 45 and older who opt to exclusively rely on a phone and mobile application for contactless payments. Three times as many customers from that age group use only contactless payment*, rising to 14% of the total number of the bank's card clients compared to just 5% two years ago.

Mobile app audience is rapidly growing older

Kinesis, the monetary system, based 1:1 on allocated physical gold and silver, today announces the launch of its physical Visa card to expand the real-world utility of the Kinesis platform.

Building on the success of its globally used virtual Visacard, Kinesis wanted to continue to integrate the Kinesis systems into everyday banking. As such, it has rolled out its physical Visa card and accompanying banking systems to the US market ahead of the wider regional release.

3d innovations (3di), a data management solutions company, today announced that it has acquired Charlotte-based Investment Data Licensing Advisors (IDLA), a market and investment data licensing advisory firm serving the U.S. market.

Once again, Hamburg-based FinTech TrustBills is disrupting the factoring market: From January 11, 2021, the marketplace for unpaid trade receivables will offer companies a sell-off guarantee (Put option).

FreedomPay, a global leader in Next Level Commerce™ today announced a new strategic partnership with Kount, the leader in fraud prevention and identity trust, to offer a fully integrated Identity Trust solution built into FreedomPay’s data-driven commerce platform. Together, the two companies offer businesses of varying sizes, geographies, and verticals a purpose-built fraud prevention solution that adapts to the constantly evolving digital environment.

Fime’s EMV 3DS Test Platform has been qualified and its lab accredited by EMVCo for Software Development Kit (SDK) type approval testing for Android and iOS apps. This supports SDK providers and the acceptance ecosystem to bring the frictionless, strong customer authentication (SCA) of the latest EMV 3DS protocols to in-app purchases.

Mollie, one of the fastest-growing payment service providers, has today announced the findings of a survey which explores the readiness of UK and EU merchants ahead of Brexit. The study reveals the differences between small-mid-sized UK merchants versus their counterparts in the EU and the opportunities and challenges that are expected come December 31st. 

Saudi Arabia has consistently seen a surge in the use of FinTech and related technologies during the global health crisis. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded expectations as part of the country’s Financial Sector Development (FSD) programme.

Digital banking and lending platform company, LEVERIS, today announced its partnership with ComplyAdvantage, the global technology company transforming financial crime detection, to ensure banks and lenders can offer their customers an onboarding experience that is seamless and AML-compliant.

Leading Connected Payments provider, Checkout.com today announces its appointment as payments provider to THG, a global technology platform company, specialising in taking brands direct to consumers.