payment landscape
Mastercard has announced the extension of the Google Pay service to cardholders across Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal, and Romania together with its issuing partners. With Google Pay, users with eligible Android devices will be able to make purchases in stores and online. Furthermore, this will also give them the option to […]
Bulgarian fintech payment service provider Paynetics AD announced that it acquired tokenization capabilities through Visa Token Service to offer an extended range of services to businesses across Europe. Paynetics can now take its innovative payment solutions in card acquiring and issuing, account management, bank transfers, digital banking platforms and tokenisation to a wider range of European businesses, […]
i2c Inc. has announced partnership with Purewrist. Under this partnership, the companies will deliver wearable solutions to enable contactless payments at events, retail stores, transit and more. Under the agreement i2c and Purewrist will provide clients and consumers with the ability to utilize unique wearable payment technology that is affordable, accessible and sanitary. i2c’s platform […]
The Central Bank of the UAE has issued a new regulation on Stored Value Facilities (SVF), In an effort to ensure that stored value products and services are operated in a secure, sound and efficient manner in the country. This new regulation aims to facilitate FinTech firms and other non-bank payment service providers easier access […]
Amazon Web Services and Standard Chartered Bank has announced a five year, strategic global agreement. The collaboration will drive bank’s digital transformation and deliver new personalized banking services in the bank’s 60 markets worldwide. Using AWS’s reliable infrastructure and cloud services across its entire business will enable the bank to be more responsive to customer […]
Mastercard has rolled out Cyber Secure, a first-of-its-kind, AI-powered suite of tools that allows banks to assess cyber risk across their ecosystem and prevent potential breaches. Cyber secure allows banks to identify and prioritize threats and vulnerabilities throughout their cyber environment. Additionally, acquiring banks can help merchants understand their own cyber risk, preventing hundreds of […]
Huawei has announced the launch of First Abu Dhabi Bank’s mobile banking app, on HUAWEI AppGallery, allowing users to manage their accounts and credit cards directly from their mobile devices. The FAB mobile banking app allows UAE customers to manage their accounts, credit cards, transfer money, and pay their bills directly from their mobile device. Commenting […]
National bank of Kuwait has rolled out “Kuwait Mobile ID” app and authentication of the digital civil ID, for its NBK customers at different locations through NBK Mobile Branch to meet its customers’ needs and to ensure that their banking transactions are made quickly and easily. NBK is the first bank in Kuwait to provide […]
UAE based debt management service company, First Solution is set to launch in the United States. It has become one of the first home grown brands to make a significant international mark and presence. First Solutions is providing debt management services to companies for over 10 years. First Solution is about improving cash flow with […]
Canada’s growth lends itself to an increasing population of immigrants boosting the economy. Fuelling its aim to attract migrants to the nation in the next few years calls for a seamless and secure framework to facilitate the money transfer requirements of all participants in the payments ecosystem. As per the World Bank data estimated in 2018*, […]