UK Finance Announces New Regulated Liability Network Experimentation Phase
- 6 hours 36 min ago
- Cryptocurrencies
UK Finance has today announced work on a new UK Regulated Liability Network (RLN) experimentation phase with eleven of its members. The UK RLN is envisaged as a common ‘platform for innovation’ across multiple forms of money, including existing commercial bank deposits and a shared ledger for tokenised commercial bank deposits.
Yuno Partnership Supercharges inDrive's Latin American Expansion
- 20 hours 6 min ago
- Payments
inDrive, a global mobility and urban services platform, has successfully expanded into 10 countries in Latin America in less than eight months with payments orchestration support from Yuno. This new milestone is announced at Web Summit Rio 2024, which launches today, and is set to welcome both Yuno CEO Juan Pablo Ortega and inDrive CEO Arsen Tomsky as speakers.
HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO's AI-Powered Optimization
- 21 hours 36 min ago
- Payments
Today at FICO® World, the industry's leading analytic and AI event, FICO announced that HSBC, one of the world’s largest banking and financial services organizations, has used AI-powered mathematical optimization technology to grow its credit card portfolio. The project saw a 15% uplift in monthly spending by customers on their cards, as well as improvements in active card use and share of wallet, without increasing bad debt.
Verituity Joins Forces with Mastercard to Accelerate Secure Domestic and Cross-Border Payouts
- 3 days 20 hours ago
- Payments
Verituity, a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move, Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya
- 3 days 21 hours ago
- Money Transfers
Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries. This collaboration marks a significant milestone for cross-border financial transactions in Kenya.
Talus Pay Rebrands to Reflect Enhanced Fintech Offerings
- 4 days 21 hours ago
- Payments
Talus Pay rebrands, a fast-growing technology-driven provider of payment processing solutions for small and mid-sized merchants, announced today that it will conduct business going forward using the master brand name Talus, as will its recent Clarus Merchant Services acquisition. Newly-acquired Jobox.ai will assume the Talus Pay sub-brand name as Talus’ flagship fintech offering.
Viva.com Partners with BANCOMAT, the Leading Payment Network in Italy
- 4 days 22 hours ago
- Payments
Viva.com, Europe’s first technology bank powering merchant payments acceptance on any device in 24 markets, and BANCOMAT, the leading payment network in Italy, announced today their strategic partnership. A testament to its localised approach, Viva.com will now enable its Italian merchant network to accept PagoBANCOMAT ®, shortly followed by BANCOMAT Pay ®, the most popular payment methods for millions of Italian consumers. Future plans include... more
Surepay Joins Temenos Exchange to Expand Access to Verification of Payee and Confirmation of Payee
- 4 days 22 hours ago
- Payments
SurePay today announced that the SurePay solutions will be available via the cloud-based Temenos Exchange partner ecosystem. With impending regulatory changes from the UK Payment Systems Regulator (SD17) and EU legislation on Instant Payments, data and security (PSD3), it is imperative that financial institutions have Verification of Payee (EU) and Confirmation of Payee (UK) solutions in place.
Kyriba Expands Suite of Artificial Intelligence Features to Enhance Liquidity Performance for CFOs
- 4 days 22 hours ago
- Payments
Kyriba, a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation. This AI product expansion complements existing AI capabilities for payment fraud detection and cash management optimization.
Airwallex Rolls Out Borderless Visa Cards in Canada, Giving Canadian Businesses a Streamlined Approach to Global Expense Management
- 4 days 23 hours ago
- Payments
Airwallex, a leading global payments and financial platform for modern businesses, today introduced the Airwallex Borderless Visa® Card in Canada. The virtual card is issued by Peoples Trust Company, part of Peoples Group, and enables Canadian businesses to easily make payments around the world, everywhere Visa is accepted.
APP The Biggest Fraud Threat with AI the Solution, Says The Payments Association Survey
- 5 days 18 hours ago
- Payments
A plurality of the payments industry believes that Authorised Push Payment (APP) fraud is likely to be the biggest threat in 2024 – and that AI technology will be key in combatting it. That’s according to a survey of payment leaders and trailblazers published by The Payments Association, which celebrates innovation and collaboration across the industry.
Arizona Financial Credit Union Partners with NCR Atleos to Elevate Self-Service Banking
- 5 days 18 hours ago
- ATMs
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers, and consumers, today announced that $3.3 billion-asset Arizona Financial Credit Union (AZFCU) has selected Atleos’ ATM as a Service (ATMaaS) to increase operational efficiencies within the self-service banking channel while improving the member experi
GoCardless Extends Strategic Partnership With Sage, Boosting Global Reach and Unlocking New Growth Opportunities
- 5 days 18 hours ago
- Payments
Bank payment company GoCardless has announced the renewal and expansion of its strategic partnership with Sage, the global leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses.
Positioning Mastercard for the Next Era of Growth
- 5 days 19 hours ago
- Payments
Mastercard today announced a realignment of its teams centered on three interdependent areas of Core Payments, Commercial & New Payment Flows and Services. These changes will enable further alignment to accelerate growth and deliver value for stakeholders.
Nuvei Secures MPI License in Singapore to Accelerate APAC Expansion
- 5 days 22 hours ago
- Payments
Nuvei Corporation, the Canadian fintech company, today announces that its Singapore entity, Nuvei Singapore Pte Ltd, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore.
