Mastercard Installments BNPL Program Gives Consumers in the UAE and Saudi Arabia more Payment Choices wherever they Shop

New Buy Now, Pay Later (BNPL) program gives consumers a flexible, ubiquitous way to pay online and in-store through equal, interest-free installments – an additional choice to debit, credit or prepaid cards Mastercard Installments – set to go live this year – will give banks, lenders, fintech companies and wallets the ability to offer BNPL

Newsweek Ranks FIS as One of America’s Most Responsible Companies

Financial technology leader FIS® has announced that it has been named to the America’s Most Responsible Companies 2022 list by Newsweek magazine. Newsweek’s third annual ranking identifies leading companies for corporate responsibility in the three areas of ESG – environment, social and corporate governance. FIS was selected and ranked from 2,000 companies evaluated in 14

ACI Worldwide Supports National Banks to Connect with UAE’s Real-Time Payments Scheme

ACI Worldwide, a leading global provider of real-time digital payment software, has announced that it is working closely with national banks to help connect to the United Arab Emirates’ real-time payments scheme set to launch in October 2022. The UAE Instant Payments Platform (IPP) will enable instant transfers between bank accounts 24/7/365, with participation mandatory

Mastercard Unveils Next-Generation Virtual Card Solution for Instant B2B Payments

The new, first-of-its-kind virtual card solution is integrated with Mastercard Track Business Payment Service to deliver greater choice, faster payments and improved efficiency for buyers and suppliers Mastercard has announced the launch of Mastercard TrackTM Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier

RBR | Recyclers Drive Growth in Automated Deposit Terminals

Banks around the world are continuing to invest in automated deposit terminals, in particular those which recycle the deposited cash. Deployers are replacing ATMs with multi-function automated deposit terminals A range of factors are driving banks to deploy automated deposit machines (ADTs), including cost-cutting, instant account crediting, transaction data collection and a better experience for

ATMIA Celebrates a Quarter of a Century of Service to the Global ATM Industry

ATMIA has announced the launch of its 25th anniversary year logo to help the association commemorate a quarter of a century of service to the worldwide ATM industry. Founded in humble circumstances in Louisville, Kentucky, the not-for-profit association has expanded year on year to represent over 650 companies in 70 countries from all sectors of

PCI Security Standards Council Updates Card Production and Provisioning Security Standard

Version 3.0 to Improve the Secure Manufacture, Production and Delivery of Payment Cards Today the PCI Security Standards Council (PCI SSC) announced the availability of the PCI Card Production and Provisioning Security Requirements version 3.0. The updated standard helps payment card vendors secure the components and sensitive data involved in the production of payment cards, protecting

Tutuka and Paymentology Create the World’s First Global Issuer-processor Spanning 49 Countries

The move brings together the ultra-advanced, multi-cloud platform of Paymentology, with the global reach and experience of Tutuka In a move upending the hottest part of the fintech market, two of the world’s leading issuer processors – Paymentology and Tutuka – are merging to create a new payments and card processing powerhouse. Operating under the

Visa’s Cybersource and IATA Help Airlines Take Off With New Efficiencies Through IATA Financial Gateway

Hundreds of airlines now have access to the leading Cybersource global payment management platform through the International Air Transport Association’s Financial Gateway As the airline industry works to bring customers back on board, it is simultaneously challenged with protecting passengers, brand and revenue. To expedite takeoff, today Visa’s global payment and fraud management platform, Cybersource,

ACI Secure eCommerce Wins Best Online Payment Solution at London Payments Awards

ACI Worldwide, a leading global provider of real-time payments and digital payment software, has been recognized as the winner in the Best Online Payment Solution – Merchant category for its ACI Secure eCommerce solution at last night’s UK Payments Awards, held at the Grosvenor Hotel in London. The Awards recognize and celebrate companies that have demonstrated excellence and innovation in the