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 […]

JCB, Japan’s only international payment brand, and Worldline have announced the expansion of their partnership. This established relationship has pivoted to support both the exchange of global ecommerce and the growth of JCB Contactless enablement across Europe. Previously, the two brands coordinated to support digital shopping outside of Europe and worked to enable JCB Contactless in regions […]

Visa has announced the launch of VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers. VisaNet +AI comprises several innovative concepts and new value-added services, including Visa Smarter Posting and Visa Smarter Settlement Forecast, as well as Visa Smarter Stand-In Processing (Smarter STIP), a capability announced in […]

MoneyGram International and Visa are collaborating to introduce a real-time peer-to-peer payment solution to Vietnam. This latest integration  enables customers to transfer money from the United States, United Kingdom and 18 European countries to Vietnam quickly and securely through Visa Direct. Consumers can transfer money digitally through the MoneyGram mobile app or website to arrive almost instantly to any […]

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 […]

Artesian Solutions has announced the launch of Artesian Connect™, a new way to solve complex and high-value frontline and middle office commercial banking challenges. Artesian Connect combines data-science with a revolutionary way to harness the collective expertise which exists within frontline banking teams in relation to their know-how around business development, spotting risks and opportunities, […]