Electronic Payments International
How smaller banks and PSPs can turn fraud prevention into a competitive edge. The new rules on APP reimbursement pose significant challenges for smaller banks and PSPs but these institutions are more agile than larger players and can adopt cutting-edge technologies to stay...
Transforming payments: Trends and opportunities in RTP and …
Oct 30, 2024 · The rise of RTP and cross-border payments presents both opportunities and challenges for European banks. Collaboration with industry stakeholders, investment in technology, exploring new business models, and a customer-centric approach are key write John Barber and Siva Subramaniam
Network International partners with Money Fellows
Jan 9, 2025 · Network International Africa Processing MD & group processing co-head Reda Helal said: “We are pleased to partner with Money Fellows to enhance their market offerings and competitiveness, while supporting the company’s expansion into new markets in …
Mastercard’s 10 top payments trends for 2025 — and beyond
Dec 13, 2024 · Mastercard recently announced that by 2030, shoppers won’t even need a physical card number or have to punch in a password or one-time code to make a transaction online, thanks to the combination of tokenization, biometric authentication and the Click to Pay digital wallet. Mastercard summarises 10 key trends that may impact how consumers pay in …
The payments industry: a catalyst for transformation
Jan 24, 2025 · The payments market will continue to drive change and transform financial institutions around the world in 2025. Each institution will have its own set of priorities influencing activity around these drivers, but there is widespread recognition of the revenue opportunities generated by these trends, as well as the risks to long-term business success for those who …
Pin4 and partners extend ATM cash access to cardless recipients
Oct 26, 2020 · PIN4 and Partners Extend ATM Cash Access: New Innovations. Pin4 is extending its mobile technology for funds transfers and cardless ATM withdrawals via partnerships with Cardtronics UK and Mastercard, 7-Eleven and Viamericas in the US.
Remittance taxation likely to reshape cross-border payments …
Nov 12, 2024 · Remittance tax and its potential impact on remittance volumes. A remittance tax would require financial institutions and remittance providers to undertake new compliance tasks, such as tracking, reporting, and potentially collecting taxes on cross-border transfers.
Thunes integrates with Swift for global mobile wallet payments
Oct 22, 2024 · This is achieved without the need for additional technical integrations, streamlining operations for financial institutions. Thunes CEO Floris de Kort said: “Opening our Thunes’ Direct Global Network Membership to the banking community perfectly aligns with our mission to make the global economy accessible to all.
AI for financial institutions: navigating the chargebacks challenge
Jan 3, 2025 · An AI-based system is not only faster than traditional manual processes but also learns and adapts to evolving fraud tactics. Machine-learning algorithms can continually update to detect new trends and patterns in chargebacks, making …
UnionPay make payments Easier for international visitors to China
Dec 20, 2024 · International visitors will thus have access to more mobile payment options during their time in China’s mainland. With this partnership, once users link their physical UnionPay cards or activate digital UnionPay cards in the participating wallets, they will be able to pay by scanning Weixin Pay payment codes in China’s mainland, with their home currencies …