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Mastercard, Network International To Introduce Commercial Cards In Middle East, Africa

PYMNTS

Mastercard is teaming up with Network International , which works in digital commerce for the Middle East and Africa, to help drive the adoption of commercial payment services in that region, according to a press release.

Cards 188
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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

Dimon’s comments come at a time of aggressive growth and gains by numerous digitally native startups that have modernized and streamlined online banking and payments for the masses. billion people – will likely be using online and mobile banking services by 2024. We've got to do more of it.”.

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How Middle Eastern Merchants Can Keep Up With Pandemic-Driven Privacy, Payment Shifts

PYMNTS

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The region’s financial institutions (FIs) and merchants have needed to work swiftly to support unprecedented levels of digital payment and shopping growth.

Payments 172
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Cloud Banking Gives Legacy Systems A Lift

PYMNTS

“Banks are spending approximately 15 percent of their yearly operating budgets on technology upgrades, according to one study, and there has been an increase in partnerships between third-party cloud technology providers and global FIs eager to enhance their online platforms.

System 268
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How PSD2 Is Changing ING Bank’s API Strategy

PYMNTS

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. For other companies, GDPR is the main concern as they move to expand operations within Europe.

Strategy 188
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Digital-First Banking With A Human Feel

PYMNTS

FIs are meeting these shifting customer demands by adding functionalities to their online offerings that were previously available only in branches, such as account openings and loan applications,” the Tracker states. One does not simply walk into digital-first banking without preparation, however. APIs Accelerate Digital-First Adoption.

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How The Pandemic Is Making Robust Address Verification Critical For eCommerce Platforms

PYMNTS

Seamless customer experiences are essential because consumers that face onboarding strains are likely to seek services elsewhere, Rodrigo Rodríguez , assortment and merchandising regional manager for Latin American eCommerce marketplace Linio , explained in a recent PYMNTS interview.