Mastercard New Payments Index: Consumer Appetite for Digital Payments Takes Off

93% of consumers are considering emerging payments such as biometrics, digital currencies, and QR code, in addition to contactless, according to the Mastercard New Payments Index  Now, nearly 90% of in-person transactions globally take place at a contactless-enabled merchant  As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace

1st Commonwealth Women’s Entrepreneurship Summit to Be Held 19 – 20 May in Countdown to Commonwealth Heads of Government Meeting

The inaugural Commonwealth Women’s Entrepreneurship Summit is the first global event to focus on women in emerging tech sectors.  Taking place from the 19th to 20th May 2021, it is a 2 day online conference focusing on women’s entrepreneurship featuring 50 speakers, 20 talks and 12 panel sessions. Targeting policy-makers, entrepreneurs, government agencies, entrepreneurship support

FSS and Zwipe to Offer Next-Generation Contactless Cards Globally

FSS (Financial Software and Systems), a leading global provider of integrated payment products and a payment processor, is to collaborate with Zwipe to bring next generation contactless payment cards to issuers globally. Zwipe is a payment FinTech recognized for having pioneered the development of biometric payments and has delivered many successful pilots around the world.

NCR and Google Cloud Collaborate to Accelerate Digital Transformation in Banking

NCR Corporation, a global enterprise technology provider for the financial industry, and Google Cloud have announced a global strategic partnership. Under the terms of the agreement, NCR will expand cloud availability of its Digital Banking software portfolio, including NCR Channel Services for retail banking as well as its card and payments processing platform NCR Authentic. “This initiative expands the cloud deployment

Worldline Continues to Build its PPaaS Solution, at the Heart of its Terminals, Solutions & Services Transformation Roadmap

Worldline announced that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. Worldline, the European leader in the payments and transactional services industry, has announced that it has completed the second phase of development of its new “Payments Platform as a Service” (PPaaS) solution. The commercial

Saudi Payments Launches Instant Payments System ‘sarie’ in Cooperation with IBM and Mastercard

The system aims to increase non-cash transactions in the Kingdom, supporting “Saudi Vision 2030” Saudi Payments, under the supervision of the Saudi Central Bank (SAMA) announced the launch of Saudi Arabia’s instant payments system ‘sarie’ in cooperation with IBM (NYSE: IBM) and Mastercard (NYSE: MA), the leading technology company in the global payments industry. This collaboration marks

Mastercard Enters into Strategic Partnership with Central Bank of Iraq to Advance Digital Payments in the Country

Initiative will target the education sector followed by an expansion into other sectors Alliance set to reduce use of cash, drive financial inclusion, and encourage changes in consumer behavior to foster economic development Mastercard signed a partnership agreement with the Central Bank of Iraq (CBI) to digitize the country’s payment ecosystem in a bid to boost financial

FSS | Building the Intelligent Future of Payments

Building the Intelligent Future of Payments Interview with N. Sathish Dy CPO, FSS Retail Payments Can you elaborate on the role of AI in payments? Globally, financial institutions have accelerated digital business transformation programs for long-term growth and profitability. Embedded AI is at the heart of this digital transformation and its applications are gaining momentum

FSS and NIPL Partner to Expand UPI Global Footprint

FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payments processor, and NPCI International Payments Ltd (NIPL, International arm of National Payment Corporation of India), have signed a strategic partnership to expand UPI (Unified Payment Interface) rails in international markets. India is among the first countries globally to

FSS Enhances Merchant Hub to Boost Business Efficiencies and Performance

FSS (Financial Software and Systems), a globally leading provider of integrated payment products and India’s largest payment processor, announced new enhancements to FSS Merchant Hub to maximize the value of the acquirer ecosystem for merchants through support for new transactional journeys and superior merchant service FSS Merchant Hub is a unique merchant support system, designed