First Data Launches New Merchant Solution to Prevent Fraud Across All Commerce Channels

First Data, a global leader in commerce-enabling technology, announced the launch of Fraud Detect, a comprehensive fraud solution for merchants around the world. Fraud Detect leverages artificial intelligence and machine learning, fraud scoring, cybersecurity intelligence, and information from the Dark Web to provide merchants with the capability to detect fraudulent in-store, at the pump, online,

UN study: Digitization Of Kenyan Farmer Payments Helps Tackle Poverty

A new case study by the United Nations-based Better Than Cash Alliance shows how agriculture nonprofit organization One Acre Fund, in partnership with Citi Inclusive Finance, successfully digitized loan repayments for farmers in Kenya. This move significantly boosted transparency and efficiency, driving economic opportunity and financial inclusion for thousands of smallholder farmers and their families.

UN study: Digitization Of Kenyan Farmer Payments Helps Tackle Poverty

A new case study by the United Nations-based Better Than Cash Alliance shows how agriculture nonprofit organization One Acre Fund, in partnership with Citi Inclusive Finance, successfully digitized loan repayments for farmers in Kenya. This move significantly boosted transparency and efficiency, driving economic opportunity and financial inclusion for thousands of smallholder farmers and their families.

PayU Moves To Connect Businesses To N200bn Online Payment Market

PayU has rolled out strategies to intensify efforts to connect businesses to Nigeria’s online payment market. Annual online payments in Nigeria is estimated to surpass N200 billion this year from N167 billion in 2016. Country Manager of PayU Nigeria, Ms Juliet Nwanguma, says, “In order to pursue PayU’s aggressive expansion in the online payment market

EMVCo Reports 6.1 Billion EMV Chip Payment Cards in Global Circulation

Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion. The data also highlights that 52.4% of all card-present transactions conducted globally between

EMVCo Reports 6.1 Billion EMV Chip Payment Cards in Global Circulation

Official figures of aggregated data published by technical body EMVCo show that by the end of 2016, the number of EMV payment cards in global circulation had increased by 1.3 billion in the previous 12 months to a total of 6.1 billion. The data also highlights that 52.4% of all card-present transactions conducted globally between

New And Improved 3-D Secure

Visa Inc, Digital commerce is the fastest growing area of payments, as more connected devices become payment devices. Consumers have more ways to pay than ever before, whether through a browser, mobile app, or connected device. Today’s six billion connected devices will exceed 20 billion in the next three years. But, when a consumer making

Android Pay is Now Live in Canada with Mastercard

Google confirmed that Android Pay, enabling contactless mobile payments with Android-based devices, is now live in Canada. It provides millions of Mastercard cardholders with yet another innovative, fast and secure way to pay, wherever Mastercard contactless payments are accepted. Android Pay is available to Canadians with Mastercard cards issued by Alberta Treasury Bank Financial (ATB),

Android Pay is Now Live in Canada with Mastercard

Google confirmed that Android Pay, enabling contactless mobile payments with Android-based devices, is now live in Canada. It provides millions of Mastercard cardholders with yet another innovative, fast and secure way to pay, wherever Mastercard contactless payments are accepted. Android Pay is available to Canadians with Mastercard cards issued by Alberta Treasury Bank Financial (ATB),

Paycorp Reveals ATM Withdrawal Trends of South African Social Grant Recipients

This article was originally published on the Paycorp blog. It starts very early in the morning on the first working day of every month: 17 million South Africans go to their nearest ATM to withdraw their government (SASSA) grant. It almost doesn’t matter what time you get there, you’ll find a queue of South Africans