PayFuture Appoints Industry Expert Praful Morar As Deputy CEO To Drive Global Growth
- 1 year 7 months ago
- People Moves
PayFuture, the innovative payments technology platform connecting global businesses with emerging markets, has appointed Praful Morar as Deputy CEO. Praful is a seasoned payments leader with more than 40 years’ experience. He joins PayFuture at a pivotal moment, as the company accelerates its global strategy and explores new avenues for growth.
Princeton Federal Credit Union Enhances Digital Accessibility By Launching Mahalo's Thoughtful Banking® Platform
- 1 year 7 months ago
- Banking
Princeton Federal Credit Union (‘PFCU’), has officially launched Mahalo Banking's Thoughtful Banking® platform, marking a significant upgrade to its digital banking services. The platform adoption provides PFCU with a more accessible and adaptable digital banking solution to better serve its diverse membership base.
Embrace Or Fall Behind: More Than Half Of Insurance Firms Will Adopt SaaS Solutions To Handle Disparate Data
- 1 year 7 months ago
- Insurtech
Outdated processes are continuing to result in lengthy settlement periods and hinder efficiency across the insurance industry. New research from AutoRek has revealed that two-thirds of firms contend with at least 10 data sources or inputs to their premium payment process. Adding to this, more than half of all firms surveyed process over 10 million transactions annually, with an average of over 16.77 million.
Deutsche Bank Launches Bizum For Businesses In Spain
- 1 year 7 months ago
- Payments
Deutsche Bank takes another step in its service to companies, launching Bizum, the popular Spanish mobile payment solution, to its corporate clients and companies, thus becoming the first international bank to offer this payment solution. From this moment on, foreign multinationals with a presence in Spain and national businesses that have a virtual POS service associated with Deutsche Bank, will be able to accept payment by bizum in their...
Duco Appoints Margaret Franco As Chief Marketing Officer
- 1 year 7 months ago
- People Moves
Duco, the leading enterprise platform for data automation, announced today that it has named Margaret Franco as its first ever Chief Marketing Officer (CMO).
ProjectPay’s Fintech Payments Platform To Support UK Government
- 1 year 7 months ago
- Payments
ProjectPay, the construction payments fintech, which received a project grant funded by the government’s innovation division, Innovate UK, to research and test how to solve cashflow problems in the construction industry, has now published its findings. The report has been provided to the government.
Adyen Goes Live With Tap To Pay On iPhone In Nine Additional European Markets
- 1 year 7 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone in nine new markets: Bulgaria, Finland, Hungary, Poland, Portugal, Slovakia, Slovenia, Switzerland and Liechtenstein.
Apple And myPOS Launch Tap To Pay On iPhone In 4 Markets
- 1 year 7 months ago
- Payments
UK-based payments company myPOS is introducing Tap to Pay on iPhone for businesses in Switzerland, Hungary, Portugal, and Bulgaria. Tap to Pay on iPhone is available within the myPOS Glass app and allows merchants to accept all forms of contactless payments directly on their iPhone, including contactless credit and debit cards, Apple Pay, and other digital wallets, with no additional hardware.
Equifax UK Launches Cloud-Native Intelligence Suite For Commercial Lenders
- 1 year 7 months ago
- Lending
Equifax UK has launched a new suite of solutions for commercial lenders, drawing on its fully cloud-native commercial data platform to help clients meet key business challenges with speed and agility. The Business Intelligence Suite™ harnesses cloud-hosted Commercial Credit Data Sharing and Insight attributes across a range of products to help Equifax UK clients make better decisions throughout the commercial customer lifecycle. The suite of...
Visa Unveils Its Scam Disruption Practice, Helping Protect Consumers And The Financial Ecosystem Globally
- 1 year 7 months ago
- Fraud Detection
Visa, a global leader in payment technology, today unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), saved victims $350 million (€335 million) across dozens of scams last year. This is in addition to the $40 billion (€39 billion) PERC blocked in attempted fraud on the Visa network last year.
Vision Bank Becomes Operational With Finastra’s Cloud-Native Islamic Banking Treasury Solution
- 1 year 7 months ago
- Islamic Finance
Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading Fortune 500 global technology services provider, enabled Vision Bank, a Sharia-compliant, digital bank in Saudi Arabia, to launch the pilot phase of its banking operations.
Viva.com Rolls Out Tap To Pay On iPhone To Five More Countries
- 1 year 7 months ago
- Payments
Viva.com, the 1st Tech Bank in Europe for businesses, enables Tap to Pay on iPhone in Bulgaria, Finland, Hungary, Poland, and Portugal. With just an iPhone and Viva.com's Terminal iOS app, local businesses can seamlessly and securely accept all forms of contactless payments - including contactless credit and debit cards, Apple Pay, and other digital wallets.
Temu Expands Partnership With Checkout.com To Enhance Digital Payments Experience For Online Shoppers
- 1 year 7 months ago
- Payments
Global online platform, Temu, known for offering value-for-money products, has expanded its strategic partnership with digital payment provider Checkout.com to improve how customers pay for their orders. Checkout.com has been working with Temu since its launch in 2022, helping process payments worldwide.
Capital On Tap Selects GoCardless For Variable Recurring Payments
- 1 year 7 months ago
- Payments
Capital on Tap, a leading all-in-one small business credit card and spend management platform, has selected bank payment company GoCardless to provide Variable Recurring Payments (VRPs) through its open banking feature, Instant Bank Pay. This expands a relationship which began in 2014, when Capital on Tap first selected GoCardless for Direct Debit.
‘Synthetic Fraud’ Reaches Record Levels
- 1 year 7 months ago
- Fraud Detection
New insights from Experian today reveal the rise of ‘synthetic fraud’ in the UK. Analysis of confirmed fraudulent and potentially fraudulent credit applications shows that there was an increase of 60% in false identity cases in 2024 when compared to 2023, with the cases now making up nearly a third (29%) of all identity fraud cases.
