PYMNTS

OCTOBER 7, 2020

In Europe , as has been seen elsewhere, banks and other financial institutions (FIs) must grapple with payments modernization but are burdened by legacy systems and infrastructure. The continued acceleration of digital and mobile payments affects both domestic and international payments.”. Expectations are changing, too.

Payments 229

Payments System Operations Training 229

PYMNTS

NOVEMBER 23, 2020

Visa has wrapped up its acquisition of Latin American FinTech YellowPepper , the first deal of its kind by the financial giant in the region. In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Terms of the deal were not disclosed.

Fintech 332

Fintech Regional Strategy Security 332

PYMNTS

NOVEMBER 16, 2020

Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service , to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. and will be available in all regions by the end of next year, the release says.

Payments 204

Payments Regional Data Cards 204

PYMNTS

MARCH 31, 2017

Global online discount apparel marketplace ZAFUL, based in China, recently announced new upgrades to its payment protocols and SSL checkouts to boost the security of its eCommerce system and grow confidentiality for its individual shoppers. These new upgrades make it easier to shop and also offer more payment options.”.

Security 100

Security Payments Regional Online 100

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

MAY 20, 2020

Accomplishing this task poses a unique set of challenges, however, particularly when it comes to real-time payments. The 27 EU member states have their own financial systems, and many have also implemented their own domestic real-time payments rails. The ECB sees TIPS as more than just another real-time payments solution, however.

Payments 210

Payments Guidelines Regional Strategy 210

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Currently, there are 57 real-time payments rails operating in more than 72 countries, with even more under construction.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

JUNE 29, 2020

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting their payments. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

PYMNTS

JANUARY 6, 2020

Regionally operated payment systems in Jamaica will consequently be regulated more closely. The Central Bank of Jamaica (BOJ) has confirmed it will abide by the Principles for Financial Market Infrastructures (PFMIs).

System 131

System Payments Regulation Security 131

PYMNTS

JULY 24, 2020

These marketplaces need to have strong security approaches in place, however, to ensure they do not accidentally onboard any fraudulent sellers or let other scams be perpetrated across their platforms. Around The eCommerce Payments W orld. How Global Freelancing Marketplaces Can Maintai n Security And Regulatory Compliance.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

JANUARY 1, 2020

While one might assume that a payments revolution would be a hard thing to miss, as it turns out, it can happen. Much of making digital payments work more broadly in Africa, he noted, is thinking differently about the context in which they are being used, and what they are replacing. Thinking Outside Of The Box .

Payments 284

Payments Mobile Regional How To 284

PYMNTS

MAY 4, 2020

Payment orchestration platforms (POPs) are suddenly everywhere as solution-shopping for the great American reopening gets underway in earnest. Merchants need to offer international customers their preferred payment methods to best cater to them, yet they must do so in a way that is fast and secure for their businesses,” the report states.

Payments 130

Payments Customer Experience Regional Online 130

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

Online 151

Online Report Payments Regulation 151

PYMNTS

SEPTEMBER 29, 2020

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

Payments Regulation Online Retail 172

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Yoba Smart Money, Nets Partner on SMB Payments. Razorpay, Visa Team for SMB Corporate Cards. Australia Could Debut Compulsory eInvoicing.

Cards 160

Cards Payments Tools Regional 160

PYMNTS

FEBRUARY 12, 2020

Artificial intelligence, automation and cloud computing company Esker has integrated with Stripe Connect to help companies streamline the processing of payments across borders using a single provider, according to a press release. This will also accelerate the launch of new Esker products and simplify the onboarding of our customers.”.

Payments 174

Payments Customer Experience Regional America 174

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

SEPTEMBER 30, 2019

(JCBI) have unveiled a partnership that provides international students with a new way to make cross-border tuition payments. Flywire is a payment solution for international students and educational institutions around the world.

Payments 147

Payments Regional Marketing Innovation 147

PYMNTS

APRIL 10, 2020

“In times of uncertainty, it’s important that we help our clients mitigate risk by offering flexibility, redundancy and resilience,” Ryan Frere, executive vice president, global payments at Flywire , told PYMNTS. The following is an excerpt from Black Swan , contributed by Flywire Executive VP of Global Payments Ryan Frere.

Payments 150

Payments Regional Resources US 150

PYMNTS

JUNE 20, 2019

Though they may work as far as the other side of the world, remote workers still expect the same level of security, trust and speed in payments. Around the Payments and the Platform Economy. The growth of online payments is prompting new ways for consumers and businesses to interact with each other.

Payments 147

Payments Online Case Study Security 147

PYMNTS

DECEMBER 9, 2020

Cloud payments and financial messaging provider Volante Technologies Inc. As a trusted partner, our close collaboration to build the future with Santiago Exchange demonstrates our commitment to accelerating digital transformation in the region overall,” said Luis Melgarejo, VP, Latin America Operations, Volante Technologies. “As

Technology 157

Technology Marketing Regional Resources 157

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Offerings like the Real-Time Payments® (RTP) network are drawing attention from bad actors as well.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

APRIL 25, 2019

Security and the Homesharing Platform. The company also works with several security providers to ensure users’ payments remain safe. Spotahome has also been securing its mobile platform, as younger travelers are growing more comfortable with making bookings and payments on their phones.

Security 100

Security Data Regulation Mobile 100

PYMNTS

DECEMBER 10, 2020

In today’s top payments news around the world, Xoom is now offering clients in the U.S., the ability to send secure funds to 12 countries in Africa for a reduced fee, while Volante Technologies Inc. and Europe the ability to send secure funds to 12 nations in Africa for a reduced charge. Canada, Europe and U.K. Canada, U.K.

Payments 178

Payments Google Technology Taxes 178

PYMNTS

OCTOBER 27, 2020

With YellowPepper, companies can access application programming interfaces (APIs) to allow issuers, processors and governments to easily access numerous payment rails and let multiple payment flows through one single connection, according to the release.

America 297

America Innovation Strategy Regional 297

PYMNTS

FEBRUARY 28, 2019

PayMate, a B2B digital payments company based in India, has broadened its partnership with Visa to include businesses in the Central and Eastern Europe, Middle East and Africa (CEMEA) area, according to a report. We are thrilled to expand outside India with Visa and offer our platform to businesses operating in CEMEA region.”.

Payments 166

Payments Regional System Security 166

PYMNTS

APRIL 10, 2020

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. Modernizing Corporate Payments. “They need to move in that direction.”

Technology 360

Technology Company Operations Payments 360

PYMNTS

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. Network providers are very aware of those procedures, though, and have been actively seeking to claim larger shares of both the payment routing market and resultant revenues through associated fees. shoppers made 72.7 The Durbin Amendment.

Cards 141

Cards Payments Security Fraud 141

PYMNTS

AUGUST 29, 2018

Dash is teaming up with Kripto Mobile to spread its payment system through Latin America, Cryptovest reported. Users in the region are able to spend and acquire Dash through their mobile phones, which comes loaded with the Dash ecosystem. The effort is honing in on crypto investment products and initial coin offerings (ICOs).

Alabama 100

Alabama Operations Bitcoin cryptocurrency 100

Abrigo

JANUARY 3, 2024

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

United States 221

United States San Antonio Training Fraud 221

PYMNTS

NOVEMBER 18, 2020

The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. economy is proving to be a tailwind for faster payments and processes. That said, the U.S. The Three Is .

Payments 245

Payments System Innovation Management 245

PYMNTS

MAY 3, 2019

Many of these workers travel from rural, low-income regions, hoping that work opportunities in urban areas will enable them to support their families. These systems, Pai said, are pushing the adoption of electronic payments among the country’s vast base of migrant workers. . There is so much operational efficiency,” he said.

Payments 195

Payments System Security ATM 195

PYMNTS

JULY 7, 2020

B2B payments are undergoing a vast digital transformation, with solutions providers stepping up to offer more speedy options as companies look to expand internationally. Developments From Around The World Of Smarter Payments. Corporations in the Asia-Pacific ( APAC ) region are particularly aware of these regulatory challenges.

Payments 157

Payments Report Fintech Regional 157

PYMNTS

MARCH 14, 2018

Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new analysis from ACI Worldwide and Ovum. More than three-quarters expect faster payments to save them money.

Payments 110

Payments Regional Survey Innovation 110

PYMNTS

MAY 8, 2019

NACHA and its Payments Innovation Alliance announced that it is working with the U.S. Faster Payments Council (FPC) to expand the Faster Payments Playbook. The Playbook is an educational and online decisioning platform that will enable banks, credit unions and businesses to develop a faster payments strategy.

Payments 125

Payments Resources Groups Industry 125

PYMNTS

JULY 2, 2019

Payments are gaining speed, as is fraud — and sometimes, simple human error is costing companies revenue, precious time or both. To that end, Citigroup announced last week the launch of the Citi Payment Outlier Detection solution, which has debuted in 90 countries. Call them errors made at the speed of commerce. Finding those outliers?

Payments 175

Payments Fraud System Regional 175

PYMNTS

MAY 23, 2018

EVO Payments Inc. The offering of 14 million Class A shares by EVO Payments and selling stockholders raised $224 million, after being priced at the upper-end of its projected range,” Reuters said, adding that the company’s market valuation stood at $1.54 Securities and Exchange Commission. billion. “The

Marketing 100

Marketing Payments America Security 100