Unlimit secures online payment aggregator license in India
The Paypers
APRIL 25, 2024
Global fintech company Unlimit has secured an online payment aggregator license in the region of India, aimed to accelerate its worldwide expansion strategy.
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PYMNTS
JANUARY 28, 2020
George Ruan and Ryan Hudson, the co-founders of online coupon service Honey, received a pre-tax haul of $1.5 billion after their company was sold to PayPal, according to a report Tuesday (Jan. The men are from Los Angeles and the company was sold for $4 billion. Amazon said the extension posed a “security issue.”.
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PYMNTS
AUGUST 5, 2020
While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. The Tracker also examines how both fraudsters and online gaming platforms are employing new emerging technologies to muscle bad actors out of these services. Skillz Takes Offline Bowling Online.
PYMNTS
SEPTEMBER 23, 2020
But George Connors , senior vice president of gaming and sports solutions at Fiserv , told PYMNTS in a recent conversation that other things have remained the same — like online gaming. market as regulatory restrictions were lifted from online gambling in recent years. The user experience has to be good,” he said. “If
PYMNTS
DECEMBER 10, 2020
TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. However, TSYS said the malware didn't jeopardize card data and that the attack had only targeted the company's administrative wing. Columbus, Ga.-based
PYMNTS
JANUARY 25, 2021
And those three years have given rise to a slew of new companies capitalizing on that initiative all over the world, as well as established companies making their mark. PayDirect is higher-converting, primarily because it just has a much better UX (user experience) than online card payments or bank transfers,” he explained.
PYMNTS
NOVEMBER 24, 2020
Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.
PYMNTS
JANUARY 22, 2020
FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks.
PYMNTS
NOVEMBER 27, 2020
More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. Firms are also prioritizing security as they transact online more heavily as well.
PYMNTS
OCTOBER 2, 2017
Aiming to protect users from hackers and political operatives, Google is gearing up to enhance its online security tools. The program will be offered to corporate executives, politicians and other individuals who have higher than average concerns about security.
PYMNTS
DECEMBER 29, 2020
parent company of luxury online retailer Mytheresa , announced that it's filed a registration statement with the SEC for an initial public offering (IPO), according to a press release. The securities can't be sold and offers to buy can't be accepted before the registration becomes active. MYT Netherlands Parent B.V.,
PYMNTS
APRIL 9, 2020
Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data is on the line. The goal of security at base is to make it hard and friction-filled for cybercriminals to ply their trade.
PYMNTS
JULY 15, 2020
The company recently announced that it will ask such users if they would like to pause service. For each mask shipped, the company says it will also donate a medical-grade mask to first responders or medical workers. How Outschool Is Taking A Flexible Approach To Meeting Demand For Online Education.
Abrigo
APRIL 6, 2022
New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . Computer-security incident notifications required. Expand and Clarify.
PYMNTS
DECEMBER 9, 2020
Square is offering merchants in the beauty and wellness industry a point of sale (POS) tool that integrates appointments, payments and checkout for a streamlined, secure process. . The app-based tool gives salon customers the ability to book their appointments online and also issues reminders.
PYMNTS
NOVEMBER 27, 2020
Per the November Tracker , “Many banks, utility companies and government agencies have been leveraging two-factor authentication (2FA) for several years. Consumers can be surprisingly finicky these days when it comes to their personal identifiable data (PII), and additional security measures can strengthen trust at a critical time like this.
PYMNTS
NOVEMBER 10, 2020
Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Getting the European Union on the path to 3D Secure 2.0 Each $1 of fraud costs retailers $3.13. .
PYMNTS
MARCH 4, 2020
Clothing company J.Crew said an unknown hacker accessed some of its customers’ online accounts almost a year ago, according to reports. Although the attack occurred in 2019, the company only now revealed that an unknown number of customers had been affected by the attack.
PYMNTS
JUNE 9, 2020
Cybercrime is surging during the COVID-19 pandemic as fraudsters seize on increased online activity to steal consumers’ sensitive personal details. Other companies are adopting biometric identity verification solutions from third-party FinTechs. Deep Dive: Using Biometrics To Enable And Enhance AML/KYC Compliance. About The Tracker.
PYMNTS
MAY 16, 2019
Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.
PYMNTS
JANUARY 19, 2021
Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. But this migration wasn't merely about digitizing what had previously been analog and manual sales and purchasing tactics for distributors, manufacturers and other B2B companies.
PYMNTS
AUGUST 8, 2019
As shown by recent news involving the aftermath of the Equifax breach — the company reportedly is nearing a $700 million settlement for the breach, which impacted some 143 million people worldwide — online fraud defenses are in need of constant work. But so, too, could new methods of online verification. Post-Equifax World.
Bank Innovation
MARCH 8, 2019
Online payroll company Gusto is scaling its security team, starting with the appointment of Square's former head of information security, Frederick Lee, as its chief security officer. The move comes as Gusto lays the foundation for a potential initial public offering (IPO).
PYMNTS
OCTOBER 7, 2020
Higher volumes of consumers are continuing to shop online even as brick-and-mortar stores reopen. The Tracker also examines how employing email verification and other authentication tools during the onboarding process can help provide a seamless yet secure experience for consumers. Around The Digital Onboarding Worl d.
PYMNTS
DECEMBER 2, 2020
At a time when COVID-19 has seen global eCommerce and digital traffic grow by nearly 70 percent, security experts have braced for a commensurate surge in online fraud as the holiday shopping season continues. Various browser companies are gearing up for a war against what is termed as ‘browser fingerprinting,’” he said.
PYMNTS
APRIL 1, 2019
When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. percent of consumers today have account information stored online with at least one or more companies or service providers.
PYMNTS
JANUARY 8, 2019
The company received $3 million in Series A funding in June 2017, bringing the total raised to $10.5 The company also partnered with online marketplace Aha in 2017 to debut an on-demand delivery service in Iceland’s capital, Reykjavik. The funding round was led by Benhamou Global Ventures (BGV) with additional capital from Btov.
PYMNTS
MARCH 4, 2019
Comcast announced Monday (March 4) that it has acquired BluVector, a company that uses advanced artificial intelligence and machine learning to provide cybersecurity protection to companies and government agencies. Called Xfinity xFi Advanced Security , the system was created to protect smart devices from hackers and malware attacks.
PYMNTS
JANUARY 22, 2021
Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports. The company recently announced $6.5
PYMNTS
SEPTEMBER 16, 2020
Real estate platform Opendoor is set to go public via a merger with blank-check company Social Capital Hedosophia II in a deal that will value the combined company at $4.8 investor Ian Osborne are co-founders of the blank-check company or special purpose acquisition company (SPAC), one of the many they run.
PYMNTS
OCTOBER 20, 2020
Grocery stores and other retailers looking to process SNAP EBT payments online just got another tech option as the pandemic reshapes shopping habits. 20) announced that its payment gateway integration for eCommerce platforms now supports SNAP EBT payments made online. Cardknox on Tuesday (Oct. The new offering by the Howell, N.J.-based
PYMNTS
SEPTEMBER 22, 2020
Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies are finally starting to sell and advertise online.
PYMNTS
MAY 8, 2020
And where consumers go, businesses are following — including companies that have never (or barely) transacted online before, and those that have but never at the scale they are currently being called to provide. More companies are going to rely on digital channels like streaming, right?
PYMNTS
APRIL 30, 2020
The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company said it would focus on making it easier for African businesses to make payments to other companies, both on the continent and elsewhere.
PYMNTS
MARCH 15, 2016
StreetShares, an online lender that offers loans to small businesses — many of them veteran-run — has secured another batch of funding. The company, founded by CEO Mark Rockefeller, announced that it has secured a $4.5 million Series A round but noted that the round is still open.
PYMNTS
JANUARY 19, 2020
Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. The company offers delivery by air within four to seven days, its website said. B2B FinTech firms overall secured more than $33.5
PYMNTS
JULY 14, 2020
BigCommerce is on track to becoming the latest tech company to go public. The Texas-based eCommerce firm, which helps businesses design and roll out online storefronts, said in a press statement that it has notified the U.S. Securities and Exchange Commission (SEC) about plans for a potential initial public offering (IPO).
PYMNTS
OCTOBER 23, 2020
Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.
PYMNTS
AUGUST 31, 2020
Wish , the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. The company submitted a draft registration statement. 31) in a press release.
PYMNTS
MAY 8, 2020
Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. Such sites are expecting major growth in the U.S.,
PYMNTS
DECEMBER 20, 2019
To add protection from targeted fraud, automated attacks and botnets to its portfolio of application services, F5 will acquire fraud and abuse prevention company Shape Security. The application protection platform of Shape evaluates the data flow from a user into an application.
PYMNTS
JULY 16, 2020
Online learning is likely to become even more prevalent in the months ahead, with many summer camps canceled and questions remaining about how schools will reopen in the fall. The company is also developing a novel approach to offering children’s classes through the subscription business model.
PYMNTS
DECEMBER 14, 2020
At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.
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