Finovate

SEPTEMBER 26, 2024

Visa is acquiring fraud prevention company Featurespace to enhance its own fraud detection and risk-scoring solutions. Visa signed an agreement to acquire fraud prevention company Featurespace today. based company offers AI-based tools that analyze transaction data to detect fraud. The deal is expected to close in 2025.

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Acquirers Fraud Detection Fraud Prevention Debit Card 64

The Fintech Times

DECEMBER 11, 2023

Network International revealed it will support customers in the market by providing omnichannel digital payment offerings, including card issuing and acquirer processing services, transaction switching capabilities, as well as value-added services.

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Value Added Service Fraud Prevention Facilitators Digital Payments 104

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. billion by 2027 , reflecting the indispensable role of these technical maestros in managing transaction authorization and settlement.

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Payments BNPL Value Added Service ISOs 79

Fintech Finance

JULY 10, 2024

Breakthrough payment orchestration provider BR-DGE has today announced the launch of its white-label payment orchestration solution, which is set to propel payment acquirers, gateways, platforms and other ecosystem players with agile and customisable modular tech to stand out in a fiercely competitive market.

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Gateways PCI DSS Acquirers Value Added Service 52

Fintech Finance

SEPTEMBER 6, 2024

The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services — responsive, personalised solutions that cater to their unique needs and preferences.

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Agreements Visa Gateways Fraud Prevention 78

Fintech News

JUNE 20, 2024

For instance, Nexi, the pan-European acquirer serving two million merchants, launched a project in 2021 to integrate machine learning into its infrastructure, enhancing its risk management, marketing, and operations. Optimising costs of customer service When a customer makes a request, a Gen AI chatbot begins exchanging rich data with Way4.

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Use Case AI Multi-Currency Payments 106

Fintech Finance

AUGUST 12, 2024

The collaboration strengthens AFS’s position in the Omani market and expands Samsung Pay’s reach while benefitting Omani consumers with enhanced convenience and security in their daily transactions. This launch aligns perfectly with our mission to make everyday life easier through innovative technology.

Digital Payments 88

Digital Payments Central Bank Contactless Payments Payments 88

The Fintech Times

JULY 12, 2024

Independent technology provider BR-DGE has introduced a white-label payment orchestration solution tailored for payment acquirers, gateways and platforms. BR-DGE, which saw 600 per cent revenue growth in 2023, says merchant demand is growing for more modular payment choices and value-added services through multiple providers.

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Value Added Service Acquirers Payments Gateways 59

The Payments Association

NOVEMBER 18, 2024

While banks still hold the majority of merchant relationships and dominate acquiring market share in most regions, they face an existential risk. The market share distribution between traditional banks and fintechs in the merchant services/acquiring space has been evolving over time. billion in 2024.

FinTech 88

FinTech Online and Mobile Banking Acquirers Fraud Prevention 88

PYMNTS

AUGUST 15, 2019

The decision to acquire CyberSource was an investment in building value-added services around accepting cards and various forms of digital payments online.”. It’s easy to forget that, a decade ago, more than 96 percent of retail sales happened in a physical store.

Digital Payments 82

Digital Payments Payment APIs and Integration Payments Point-of-Sale (POS) 82

Fintech Finance

APRIL 2, 2024

ASDA integrates Worldline’s omnichannel payment solution, including terminals, acquiring services, and smart routing through Worldline Payment Orchestration, to enhance the customer experience and operational efficiency for approximately 800,000 weekly deliveries.

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Gateways Payment Gateways Acquirers Value Added Service 52

Fintech Finance

JUNE 25, 2024

Wero transactions will usually be carried out by the customer in the bank’s own app or in the new wero wallet. These include reservations and refunds, so that a scope of services similar to that of the debit card can be achieved, with ‘payments without a terminal (scan and go)’ also added.

Payment APIs and Integration 84

Payment APIs and Integration Cross-Border Payments Cross-Border Value Added Service 84

The Fintech Times

OCTOBER 3, 2024

Kazang , a prepaid value-added services (VAS) and card-acquiring business, has launched a new card acceptance solution in Zambia, making it more affordable for merchants to accept card payments. Kazang currently operates around 12,000 VAS terminals in Zambia. In Zambia, there are around 3.8

Point-of-Sale (POS) 52

Point-of-Sale (POS) Value Added Service Financial Inclusion Acquirers 52

Fintech Finance

JULY 4, 2024

The partnership that began in 2022 includes BKN301’s integration of Worldline’s solutions to handle Issuing and Acquiring technical processing activities. The 3 “S’s”: ease of use, security and value-added services are some key drivers to elevate the customer experience of users when they use BKN301’s solutions.

Digital Payments 60

Digital Payments Payments Value Added Service Acquirers 60

Fintech News

SEPTEMBER 25, 2024

EquensWorldline, an OpenWay client, migrated to the Way4 acquiring platform when SEPA was introduced in Europe. EquensWorldline was processing over 20 million daily transactions and experienced a manyfold increase in processing volumes within a year after migrating to a more flexible platform.

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Cross-Border Online and Mobile Banking Processors Payments 66

PYMNTS

JANUARY 15, 2019

In an interview that springboarded the findings of the Retail Innovation Readiness Index , published late last year, Nicky Koopman, vice president of content and value-added services at AEVI , stated that when it comes to apps, one maxim holds true: One size does not fit all.

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ISOs Acquirers Innovation Value Added Service 69

The Fintech Times

APRIL 2, 2024

ACI Worldwide , the real-time payments software provider, has partnered with Arab Financial Services (AFS), the Middle East and Africa region’s digital payment solutions provider and fintech enabler, to collaboratively drive digital payments modernisation for banks, fintechs and merchants across the region.

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Multi-Currency Payment APIs and Integration Value Added Service Payments 64

Fintech Finance

MARCH 25, 2024

By leveraging Capital Bank’s digital payment acceptance services, HyperPay seeks to deliver a seamless and efficient payment gateway experience, solidifying its commitment to empowering businesses and ensuring a secure and seamless transaction experience. It will also help in instilling confidence in both merchants and customers alike.

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Agreements Payment Gateways Gateways Online and Mobile Banking 52

The Fintech Times

JULY 7, 2024

Worldline , the global payment services provider, is expanding its strategic partnership with BKN301 , the Banking-as-a-Service (BaaS) fintech company, enabling it to handle issuing and acquiring technical processing activities. The platforms process over 3.5

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Process Value Added Service Payments Agreements 59

PYMNTS

NOVEMBER 7, 2019

That’s why PYMNTS recently caught up with two payment experts from Endava — Global Head of Payments Delivery Petru Metzger and SVP of Payments Delivery Glenn Geil — for what amounts to a sneak peek of the coming attractions in payments in 2020, at least when it comes to value-added services. Installment Payments.

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Value Added Service Payments Online and Mobile Banking Acquirers 41

The Fintech Times

DECEMBER 24, 2024

This has led to merchants losing transactions, having no visibility over their customers, and getting fragmented, patchy data that clouds their visibility over who their customers are. When our clients succeed, we succeed, and were relentless in exploring other ways we can add value for them. How did you get into the fintech industry?

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Payment APIs and Integration On-Demand Acquirers Value Added Service 59

PYMNTS

DECEMBER 5, 2016

A few years ago, when [Poynt] launched, we were trying to convince people why they needed a terminal to connect to the internet and download an app … and [now], almost every major acquirer in the country is looking at their smart terminal strategy, and I’m glad to see that finally happening.”. Call it ISV 2.0,

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ISVS Acquirers Value Added Service Consumer 78

Fintech Finance

MAY 29, 2024

Worldline [Euronext: WLN], a global leader in payment services, has signed a contract with Banque Raiffeisen , making them Worldline’s first client on its cloud-based instant payments solution in Luxembourg. Using Worldline’s modern cloud infrastructure, Banque Raiffeisen will benefit from smarter and quicker onboarding processes.

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Instant Payments Agreements Process Payment APIs and Integration 52

PYMNTS

OCTOBER 30, 2018

However, that also provides endless business opportunity for payment and commerce service providers, of course. Although multiple apps may be engaged during a transaction, to the consumer, it appears as one seamless checkout process,” AEVI said of its launch. POS Change.

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Data Breach Breach Point-of-Sale (POS) VARS 63

The Fintech Times

JULY 30, 2024

By leveraging payment transaction data and providing loan underwriters with real-time credit data, Network International hopes to enable its SME merchants to access new sources of capital. “By leveraging real-time transaction data, we’re not only streamlining the lending process but also enabling more accurate risk assessment.

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Underwriting Embedded Finance Risk Assessment Settlement 52

PYMNTS

DECEMBER 5, 2018

That subject served as the foundation of a recent PYMNTS interview with Bill Nichols, general manager Americas for AEVI , a FinTech player that says it brings acquirers closer to their merchants. percent — are willing to switch payments service providers if offered a better deal. percent innovating to improve business analytics.

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Innovation Value Added Service Technology Point-of-Sale (POS) 69

PYMNTS

MARCH 30, 2016

The global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions has upgraded its specs. PAR addresses this by enabling all payment transactions — regardless of how they are initiated — to be processed in a consistent manner.”

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EMV Value Added Service Interoperability Payments 41

Clearly Payments

SEPTEMBER 13, 2024

Payment orchestrators streamline the process of routing transactions to the most appropriate payment providers based on various factors such as cost, success rates, currency, and geographical location. Core Functions of a Payment Orchestrator Here we’ll cover the core functions that drive the core value of payment orchestrators.

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Payment APIs and Integration Multi-Currency Payments Gateways 77

PYMNTS

MARCH 20, 2019

You can’t blame hypocrisy for that – not when fresh data from PYMNTS, along with a new interview with Nicky Koopman, SVP of content and value-added services at AEVI , tells a much deeper story. Acquirer Role. According to Koopman, it’s partly the merchant acquirers. Bridging the Gaps.

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Innovation Acquirers Point-of-Sale (POS) On-Demand 55

Fintech Finance

APRIL 2, 2024

AFS’ innovative approach to the provision of financial services is evidenced by a series of market-leading payment services that span card processing services, merchant acquiring, fintech solutions and value-added services.

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Multi-Currency Payment APIs and Integration Real Time Payments Value Added Service 52

PYMNTS

NOVEMBER 5, 2019

What they want is to trust their transactions are secure, understand the process in front of them and be free to choose the methods they want to use. . “To Massaro and Orgel are longtime colleagues, who first worked together at the eBilling and payment solution firm edocs which was acquired by Oracle/Siebel.

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Value Added Service Payer Acquirers NOV 61

PYMNTS

JANUARY 30, 2020

This week, Mastercard and Cardlay announced a collaboration that will see Mastercard connecting its network of European issuing banks to Cardlay’s commercial card technology, which unlocks corporate card transaction data for value-added services, including automated expense management and VAT claim processes.

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Use Case Payment APIs and Integration FinTech Payroll 64

PYMNTS

MARCH 20, 2020

The ongoing shifts to digital payments (particularly mobile transactions) and omnichannel experiences will continue, predicted Mielke. The PayFac takes on risk very much like an acquirer takes on risk,” Mielke. At least for now, she said, ISVs and PayFacs are seeing more chargebacks as consumers push for refunds.

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ISVS Risk Cost Structure Value Added Service 67

CB Insights

FEBRUARY 13, 2020

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. rate per transaction.

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Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

EBizCharge

MAY 23, 2024

How we pay for goods and services constantly evolves, from bartering to banknotes to modern times with digital wallets and embedded payments. Embedded payments represent the latest frontier of integrating financial transactions into everyday software. How do embedded payments work?

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Embedded Payments Payment APIs and Integration ISOs Payments 52

Clearly Payments

AUGUST 1, 2024

Interchange rates, also known as interchange fees , are the charges paid between banks for the acceptance of card-based transactions. These fees are designed to cover various costs, including fraud prevention, risk management, and transaction processing. of the transaction value for debit cards and 0.3% for credit cards.

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Process Fraud Prevention Online and Mobile Banking Payments 52

PYMNTS

JUNE 26, 2018

That includes saving freelancers from having to pay excessive fees for ATM and other transactions, fees that are often rendered moot by deposits into the workers’ bank accounts. Speed of transactions is also a top priority. Regulatory compliance, of course, stands as a vital issue, he said.

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Cross-Border Payments Cross-Border Payments Economy 49