Saudi mobile wallet, Saudi Digital Payments Company (stc pay), and Thales have introduced contactless cards to enable payments at Point of Sales machines, e-commerce transactions, and cash withdrawal at local and international ATMs. stc pay’s customers will be able to order the card, activate, deactivate, and set spending limits through their mobile application with no […]

Pakistan-based online money management platform SadaPay and Mastercard have announced the launch of numberless, contactless-enabled cards in the Middle East & Africa region to allow users to transact in simpler, faster and more secure way. This will further strengthens Mastercard’s commitment to promote financial inclusion in emerging markets and encouraging the adoption of secure digital payment methods. The launch […]

Finastra has announced the availability of NetGuardians’ Payment Fraud Prevention app on its FusionFabric.cloud open development platform. The app uses artificial intelligence to proactively detect fraudulent payments in real-time and reduce fraud losses. NetGuardians’ operational experience shows that compared with traditional anti-fraud offerings the software reduces the number of false positives by up to 83 percent, resulting […]

Innovative Payment Solutions  announced an Agency agreement with Golden Money Transfer to facilitate its money transmission service to Mexico. This agreement will facilitate IPSI’s cross-border payments infrastructure, help lower costs for international remittances, allowing IPSI to service consumers, including unbanked and underbanked communities. Furthermore, the agreement between IPSI and GMT will provide the Company access […]

City National Bank has announced that it has joined with New York City-based fintech startup Extend to launch a virtual Visa commercial credit card solution. With this new virtual Visa card capability, City National commercial card clients can send virtual credit cards to employees, contractors and vendors with digital capabilities, distinct spending limits and expiration […]

European fintech provider myPOS has launched the new myPOS Carbon, which combines the intelligent Android OS with shock, dust and water resistance.  myPOS brings myPOS Carbon, the first wireless Android POS terminal with IP54 and ATEX certifications that make it resistant to vibration, water, dust and suitable for use even in hazardous workplaces. The device […]

NTT DATA Hong Kong Limited has announced  partnership with Conferma Pay. Through this collaboration guests will be able to pay contact- free and securely in a digital manner, completely removing the reliance on traditional paper-based methods such as faxing. Reception desks will now simply be directed to a digital billing portal when confirming rooms booked […]

Worldline, the European leader in the payments and transactional services industry, announced the launch of its first ever Data as a Service (DaaS) platform for payments, Ingenico Insight.  The solution features the latest in machine learning (ML) and data science capabilities for payments combined with an intuitive and tailored user experience. Ingenico Insight transforms the […]

The Russian-Belarusian Venture Investment Fund has invested 120 million rubles in APIBank.  The Russian-Belarusian venture capital fund became the first external investor of APIBank. As a result of the transaction, which was carried out in the form of a convertible loan, the startup received 120 million rubles. APIBank creates embedded financial instruments, responding to business inquiries […]

Huawei Pay has announced a new partnership with Aleta Planet and Union Pay International to introduce the mobile payment solution combining Near Field Communication and Quick Response Code payments for Singapore Huawei users. This will provide further improved in-store payment experience to Singaporean Huawei Pay users by offering both NFC and QRC payment methods for […]