HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO's AI-Powered Optimization
- 2 years 6 months 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
- 2 years 6 months 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.
Talus Pay Rebrands to Reflect Enhanced Fintech Offerings
- 2 years 6 months 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
- 2 years 6 months 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
- 2 years 6 months 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
- 2 years 6 months 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
- 2 years 6 months 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
- 2 years 6 months 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.
GoCardless Extends Strategic Partnership With Sage, Boosting Global Reach and Unlocking New Growth Opportunities
- 2 years 6 months 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
- 2 years 6 months 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
- 2 years 6 months 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.
PayDo Launches Embedded Finance
- 2 years 6 months ago
- Payments
PayDo, a leading Electronic Money Institution (EMI), is on the way to improving digital finance. It will launch an embedded finance feature for SEPA, SEPA Instant, FPS and SWIFT transactions.
Ant Group Launches Partnership on International Consumer Friendly Zones Program in China, Partnering With Global E-Wallets, Card Organizations
- 2 years 6 months ago
- Payments
Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, launched in Beijing a nationwide Program to build International consumer-friendly zones across major Chinese tourist and commercial cities, with the support of relevant authorities and local governments. Working with local merchants, tourism sites, and commercial districts, the Program aims to enhance international visitors' experience and... more
Bond and Crown Agents Bank Launch New Partnership to Support INGO Connections With Financial Services
- 2 years 6 months ago
- Payments
Bond and Crown Agents Bank are pleased to announce a new partnership to deepen INGO’s knowledge and understanding of the support financial services offer in the timely, safe, and transparent delivery of funds into crisis.
Inpay Continues Rapid Scaling, Announcing a 57 Percent EBITDA Growth in 2023
- 2 years 6 months ago
- Payments
Inpay, the Danish cross-border payments provider, has today announced strong annual results for 2023. Annual revenues increased by 23 percent to €60.1 million, up from €48.6 million in 2022. The business also saw strong growth in EBITDA, up 57 percent to €13.0 million in 2023, up from €8.3 in 2022.
