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Checkout.com Partners with Slope to Enhance Payment Performance for US Enterprise Merchants

Checkout.com, a leading global digital payments provider, and Slope, a B2B financing platform for enterprise companies, today announced the beginning of a strategic partnership to boost payment performance for US enterprise merchants. 

 

Thursday, September 19, 2024 - 10:09
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/news/payments/checkoutcom-partners-slope-enhance-payment-performance-us-enterprise-merchants
Financial IT
Contactless Transactions Take the Lead in Canada’s In-Store Purchases

The number of contactless payments in Canada increased by 17% in 2023 to reach 68% of all in-store payments, according to the recently released Canadian Payments Forecast, 2024, published by Technology Strategies International Inc. The value of contactless payments increased by more than $80bn over the year representing a year-on-year growth of 20%.

Thursday, September 19, 2024 - 09:47
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/news/payments/contactless-transactions-take-lead-canadas-store-purchases
Financial IT
Computop Launches Big Data Tool for Payment Insights

A new tool, designed to help retailers derive deep insights into the payment behaviour of their customers has been launched byComputop the international payment service provider (PSP). Computop 360 Professional monitors transaction data that allows merchant systems and payment flows to be optimally coordinated.
 
Numerous filters for in-depth insights

Wednesday, September 18, 2024 - 15:03
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/news/payments/computop-launches-big-data-tool-payment-insights
Financial IT
Revolut Founder Storonsky Sells £200m Stake in Fintech Giant

Revolut’s founder, Nikolay Storonsky, has reportedly sold a stake worth £200 million in the fintech giant, according to sources familiar with the matter. The sale, led by D1 Capital Partners, Tiger Global, and Coatue, involved the secondary sale of employee shares, aimed at providing liquidity for the company’s staff. This transaction brought Revolut’s overall valuation to $45 billion.

Wednesday, September 18, 2024 - 12:16
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/news/investment/revolut-founder-storonsky-sells-ps200m-stake-fintech-giant
Financial IT
Major Retail Banks to Introduce Singpass Face Verification, Further Strengthening Resilience Against Phishing Scams

The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) today announced that major retail banks in Singapore will progressively implement Singpass Face Verification (SFV) over the next three months to strengthen the digital token (DT) setup process for retail banking customers.

Wednesday, September 18, 2024 - 11:47
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/news/banking/major-retail-banks-introduce-singpass-face-verification-further-strengthening
Financial IT
Metro Bank Forges Strategic Collaboration with Infosys to Accelerate Digital Transformation

Metro Bank, the UK's community bank, has entered into a long-term collaboration with Infosys, a global leader in next-generation digital services and consulting, to enhance some of its IT and support functions, while digitally transforming the bank's business operations.

Wednesday, September 18, 2024 - 11:35
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/news/infrastructure/metro-bank-forges-strategic-collaboration-infosys-accelerate-digital
Financial IT
Airtel Payments Bank Appoints Amar Kumar as Chief Compliance Officer

Airtel Payments Bank today announced the appointment of Amar Kumar Kakarlapudi as its new Chief Compliance Officer. In this role, Amar will play a crucial part in further strengthening the Bank’s compliance framework and ensuring seamless alignment with regulatory and statutory requirements. 

Wednesday, September 18, 2024 - 11:31
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/news/people-moves/airtel-payments-bank-appoints-amar-kumar-chief-compliance-officer
Financial IT
Treasury4 Joins J.P. Morgan Payments Partner Network

Treasury4, an enterprise software platform offering modern tools for treasury and finance practitioners, announced today that it has joined the 

Wednesday, September 18, 2024 - 11:27
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/news/payments/treasury4-joins-jp-morgan-payments-partner-network
Financial IT
Aro Unveils Aro Precision to Redefine Lender Offerings with Advanced Fraud Prevention and Affordability Checks

Aro, the UK’s go-to embedded finance partner for brands, has today unveiled Aro Precision – a new service designed to enhance lender capabilities with advanced fraud prevention, optimised affordability checks, and superior marketplace data.

Wednesday, September 18, 2024 - 11:10
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/news/cybersecurity/aro-unveils-aro-precision-redefine-lender-offerings-advanced-fraud-prevention-and
Financial IT
U.S. Faster Payments Council Releases Dual Reports on ISO 20022 Implementation and Benefits

The U.S.

Wednesday, September 18, 2024 - 11:06
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/news/payments/us-faster-payments-council-releases-dual-reports-iso-20022-implementation-and-benefits
Financial IT

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