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Visa and Ajman Transport Collaborate to Implement Contactless Payment on Buses

Visa, a global leader in digital payments, The Transportation Authority in Ajman have signed an agreement to enable the acceptance of open contactless payments on public transport buses in Ajman, in line with the emirate's smart mobility goals.

The agreement allows bus passengers in Ajman to pay for their trips using Visa contactless cards or their mobile devices that support contactless payment.

Friday, July 12, 2024 - 11:02
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Financial IT
lemon.markets Secures €12 Million with CommerzVentures as New Lead Investor

lemon.markets today announced it has secured an additional €12 million in funding from CommerzVentures, Heliad, and its existing investors, including Creandum, Lakestar, Lightspeed and System.one, as they continue to pursue their ambitious goal of opening 100 million brokerage accounts. The Berlin-based FinTech provides digital brokerage and custody infrastructure, enabling any company to offer investment products.

Friday, July 12, 2024 - 10:37
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Financial IT
Billtrust Teams Up with Visa to Extend Business Payments Network (BPN) Collaboration

Billtrust, a B2B order-to-cash and digital payments market leader, announced that it has extended its collaboration with Visa, a world leader in digital payments, to support its Business Payments Network  Visa will continue to offer BPN access to its financial inst

Friday, July 12, 2024 - 10:17
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/news/payments/billtrust-teams-visa-extend-business-payments-network-bpn-collaboration
Financial IT
Nuvei Introduces Off-ramping of Digital Assets to Cards via Mastercard Move in Europe

Nuvei Corporation, the Canadian fintech company, announces today a partnership with Mastercard to launch a new off-ramping solution that enables consumers in Europe to seamlessly convert their Digital Assets, including cryptocurrencies, into traditional fiat currency via debit, credit, and prepaid cards. This new functionality bridges digital and traditional finance that can be spent via Mastercard's global network.

Friday, July 12, 2024 - 10:14
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/news/cryptocurrencies/nuvei-introduces-ramping-digital-assets-cards-mastercard-move-europe
Financial IT
All But 2 Banks Silent on Whether Victims Will Be Forced to Cover First £100 of a Fraud Claim

A quarter of fraud victims may end up getting no refund at all despite new rules designed to force banks to reimburse money lost in bank transfer scams, according to new research from personal finance site Finder.

Friday, July 12, 2024 - 10:11
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/news/fraud-detection/all-2-banks-silent-whether-victims-will-be-forced-cover-first-ps100-fraud-claim
Financial IT
UAE’s Artificial Intelligence Office, Mastercard and First Abu Dhabi Bank launch joint AI Challenge

The UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office, the Mastercard Center for Advanced AI and Cyber Technology in Dubai, and First Abu Dhabi Bank (FAB) have announced the launch of their inaugural AI Challenge.

Friday, July 12, 2024 - 10:08
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Financial IT
Far Majority of Consumers Satisfied with BNPL and Three in Four Expect Such Loans Will Impact Their Credit Scores Positively

Millions of U.S. consumers have used Buy Now, Pay Later (BNPL) loans with 89% stating they are satisfied or very satisfied with the credit product. A new survey from TransUnion also revealed that 85% of BNPL users would recommend such loans to others.

Thursday, July 11, 2024 - 14:38
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/news/lending/far-majority-consumers-satisfied-bnpl-and-three-four-expect-such-loans-will-impact
Financial IT
Finix Launches New No-Code and Low-Code Payment Features

Finix, the full-stack payment processor enabling businesses to accept and send payments, today unveiled a new suite of no-code and low-code features. With Checkout Pages, Payment Links and Payout Links, Tokenization Forms, Virtual Terminals, and Merchant Onboarding Forms, Finix customers can effortlessly set up payment solutions in just minutes — no coding required.

Thursday, July 11, 2024 - 14:28
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/news/financial/finix-launches-new-no-code-and-low-code-payment-features
Financial IT
Mastercard and the Medical Tourism Association Join Forces to Revolutionize Cross-Border Health Care Payments

The Medical Tourism Association will launch a one-stop platform with Mastercard payment capabilities to bring more convenience, flexibility, and trust to the medical tourism industry    

Thursday, July 11, 2024 - 13:29
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/news/payments/mastercard-and-medical-tourism-association-join-forces-revolutionize-cross-border
Financial IT
Announcing AWS App Studio, the Fastest and Easiest Way to Build Applications

At AWS Summit New York, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced AWS App Studio, a generative artificial intelligence (AI)-powered service that uses natural language to create enterprise-grade applications.

Thursday, July 11, 2024 - 12:44
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Financial IT

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