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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.

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Walmart Could Invest $25B In Developing Tata Group’s ‘Super App’

PYMNTS

Walmart is keen to get a strong brand backing its eCommerce business, while Tata Group wants a global name and an established player in the online space,” a source told Mint. In May, Tata Capital, a division of Tata Group, introduced a mobile app that promised a better user experience for getting loans.

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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.

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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.

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Helping Small FIs Make Banking Services As Seamless As Taking An Uber

PYMNTS

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. Often, these smaller FIs are inundated with projects that are specific to the legacy products they have offered to the market, said Davis.

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Visa, Novae Relaunch My Rewards 2.0 As Digital Currency Based On Loyalty Points, Miles

PYMNTS

It’s a loyalty program overhaul that Visa and Novae say makes them the first to market with a working digital currency based on converted loyalty points. We've seen transactions happening at major online stores such as Amazon or even Apple, but also mom-and-pop shops [and] the corner bar. a seamless omnichannel experience.”.

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Emailage: Prudent Fraud Prevention Is Key To Canadian FinTech Startups

PYMNTS

Emailage , the online fraud prevention startup that uses email addresses to assess risk, is expanding its operations in the Canadian market. Startups are nimble and quick to react, and as they reach a critical mass, they see companies like Emailage as a crucial element to their experience. Emailage can serve various verticals.

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