Mastercard Launches Threat Scan to Assess Bank Fraud Exposure

Posted on by Staff Writer | 3084 Views | 9 min read

Identifying authorization system vulnerabilities for issuers before exploitation and fraud loss can occur Mastercard today announced Threat Scan, a unique global service that helps banks proactively identify potential vulnerabilities in their authorization systems. The service was showcased this week at the Mastercard Cybersecurity Summit in Croatia. Cyber criminals are relentless in their efforts to exploit

Capitec’s Acquisition of Mercantile Bank Holdings Limited and Its Subsidiaries

Posted on by Staff Writer | 4078 Views | 5 min read

We are pleased to announce that the Minister of Finance and other Regulatory Authorities have formally approved Capitec’s purchase and acquisition of Mercantile Business Bank. This is an exciting timing for both Capitec and Mercantile and brings new opportunities as we build Capitec’s Business Banking offering off the “firm foundation” of Mercantile. Why did we

Juvo Unveils ‘Financial Identity as a Service’ to Unlock Financial Services for 3.9bn Underbanked Consumers

Posted on by Staff Writer | 2743 Views | 14 min read

In partnership with mobile operators, financial institutions and merchants, Juvo aims to build financial profiles for the 68% of adults worldwide who have no formal credit history Juvo, a pioneer of financial identities for the underbanked, unveils Financial Identity as a Service (FiDaaS). FiDaaS is a technology suite that builds financial identities by utilizing alternative

The Payment Processing Revolution – Why Banks Need to Plan for ISO 20022

Posted on by Staff Writer | 3205 Views | 33 min read

The migration to ISO (International Organization for Standardization) 20022 could be a quantum leap for payment processing. Don’t be fooled by the tech-speak in its title—ISO 20022 is on track to become the biggest revolution in the payment sector since the launch of the Single Euro Payments Area (SEPA) 10 years ago. So, what do

Shop on Amazon, Pay in Cash

Posted on by Staff Writer | 3491 Views | 14 min read

Amazon is making it even easier for customers to pay with cash. Amazon PayCode, already available in 19 countries around the world, launches today in the U.S. and allows customers to choose Amazon PayCode at checkout and then pay for their purchase in cash at one of 15,000 Western Union locations. Items ship once customers

M&S Chooses Ingenico Enterprise Retail to Deliver Omnichannel Payments in UK

Posted on by Staff Writer | 3222 Views | 13 min read

Ingenico Group, the global leader in seamless payments, is proud to announce its new partnership with high-street retail icon, M&S. Both companies will work together to implement a new payment service that will encompass all M&S customer touch points and digital channels, which are critical to supporting its sales and customer experience ambitions. The new

Revolut Chooses Visa as Lead Issuing Partner to Drive Rapid Global Expansion

Posted on by Staff Writer | 3210 Views | 15 min read

Visa and Revolut, the leading fintech in Europe, today announced a new agreement that will help Revolut expand its business globally. Leveraging Visa’s brand, scale and global acceptance footprint, Revolut will be able to bring its product offerings to five new regions, reaching 24 new markets, for a total of 56 markets globally. Under the terms

Samsung Pay and Finablr Announce Cross-Border Payments Partnership

Posted on by Staff Writer | 3234 Views | 16 min read

First international money transfer service of its kind within a native mobile wallet in the U.S., offering seamless cross-border payments The in-app ‘Money Transfer’ service powered by Travelex, a Finablr company, makes international payments easier than ever, right from the Samsung Pay app. Samsung Pay users in the U.S. can now send money to recipients

SWIFT Enables Customer Connectivity Using the Cloud

Posted on by Staff Writer | 2460 Views | 11 min read

SWIFT is expanding options for customers moving to the cloud, announcing today both an initiative to smooth their migration to large public cloud providers such as Microsoft and Google Cloud, as well as the next generation of SWIFT’s own private cloud platform. SWIFT already has a proof of concept in place with Microsoft, building on

Emirates NBD Unveils E20., UAE’s First Digital Business Bank

Posted on by Staff Writer | 3054 Views | 14 min read

Emirates NBD, a leading banking group in the region, today announced that it has created E20., the UAE’s first digital business bank for entrepreneurs and SME businesses. E20. will enable start-ups, sole proprietors, freelancers, gig economy workers, fintechs and insurtechs and small-to-medium sized companies to open a bank account and carry out their day-to-day banking