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Entrust, a global leader in identity-centric security solutions, has announced the launch of the NFC Issuer Wallet Solution for iOS, allowing European financial institutions to build their own wallet within their banking app, in addition to deploying the Apple Pay Wallet.
Card issuers need for speed exists on several levels, and we at OpenWay see this firsthand, since our Way4 card management software is used by top banks, processors and fintechs around the world. This flexibility allows issuers to quickly innovate a common product for a new business model. gaming) but accepted at approved merchants.
FIS (NYSE: FIS), (the Company) a global leader in financial technology, today announced it has entered into a definitive agreement to acquire 100% of Global Payments’ (NYSE: GPN) Issuer Solutions business for an enterprise value of $13.5 issuer market opportunity. billion, or a net purchase price of $12 billion including $1.5
FIS has announced a significant reshaping of its business with two strategic moves: the sale of its remaining 45% stake in Worldpay and the acquisition of Global Payments Issuer Solutions business. The divestiture of Worldpay to Global Payments will bring in $6.6
Circle Internet Financial, the issuer of the USDC stablecoin, has filed with the Securities and Exchange Commission for an initial public offering (IPO).
Source: 2025 State of Chargebacks: A GLOBAL VIEW FOR ISSUERS AND MERCHANTS A significant chunk of the expected increase in chargebacks will occur in North America, with the expected volume of chargebacks reaching 132.9 million in 2028 from 114.4 million in 2025.
Tribe Payments , the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has been selected by embedded financial services platform, Orenda Finance , to provide its issuer processing services. Íkualo hopes to reach 70,000 active accounts in the country.
Spendesk , the European spend management and procurement solution provider, has selected Marqeta , the global card issuing platform, as its issuer processor for its payment institution, Spendesk Financial Services (SFS).
billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 The payments sector is getting a major shakeup, with Global Payments agreeing a $22.7
Tribe Payments has been chosen by SetldPay to provide their issuer processing, with the company also benefitting from Tribe’s Risk Monitor and 3D Secure solutions. The post Setldpay Partners With Tribe for Issuer Processing appeared first on FF News | Fintech Finance.
to become its issuer processor. “We sought an issuer partner that complements our unique position as both a technology company and a regulated financial institution,” said Varo Bank CEO Colin Walsh. the first nationally-chartered consumer techbank in the U.S.,
Managing fraud cases has been a top challenge for card issuers, according to recent studies. Rising operations and outsourcing costs and burgeoning fraud recovery caseloads make it especially challenging for issuers to meet chargeback deadlines and avoid cardholder write-offs.
Noting the level of competition in more developed banking markets, Ginolin said, In North America, some of the biggest fintech issuers release new premium products every six months, and many are finding it challenging to iterate more and more, faster and faster. with issuers aiming to capture them before their competitors do.
Codat and PayTech have partnered to transform how commercial card issuers support clients to optimize their supplier payments through spend analytics. However, these processes historically require heavy, manual efforts, making it challenging for issuers to deliver actionable insights to their commercial clients.
This collaboration aims to deliver innovative tokenization solutions to issuers and fintechs across the Australian and New Zealand markets. These solutions will enable issuers and fintechs to efficiently activate OEM (Original Equipment Manufacturer wallets), including popular options such as Apple Pay, Google Pay, and Samsung Pay.
The whitepaper, specifically designed for banks and financial institutions, delves into the pivotal role CaaS plays in reshaping the payments landscape – companies that implement CaaS can see a reduction in time-to-revenue by up to 50% compared to traditional methods, with new issuers benefitting from card programmes much sooner.
Circle, which issues the USDC stablecoin, has filed confidential paperwork with the Securities and Exchange Commission — one day after the SEC's approval of 11 spot bitcoin exchange-traded funds.
The post EBANX Data Shows 41% of Online Card Transactions in Brazil Come From Digital Issuers appeared first on FF News | Fintech Finance. In Brazil, wh ere Pix holds 40% of the online sales volume, debit cards now account for only 1% of digital commerce transaction value.
The new hires reflect Thredds focus on scaling its global operations and enhancing its position in the issuer payments industry as it looks ahead to further growth in 2025. Jim McCarthy Thredds growth is fueled by the calibre of our team, and we are delighted to welcome Hazel, Faran, Patricia and Diwakar to our company leadership.
SCBHK, Animoca Brands and HKT have been jointly participating in the HKMA stablecoin issuer sandbox launched in July 2024, to explore how stablecoins can play a key role in the development of financial markets and payments by bridging Web3 and traditional finance, thus strengthening Hong Kongs position as a global digital assets hub.
NCR Atleos Corporation (NYSE: NATL) (Atleos), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced it has entered into a long term business relationship to bring Atleos Allpoint Network to more than 4,000 7-Eleven stores across the United States providing expanded, more convenient (..)
ANZ and Suncorp Bank are the first two issuers live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. From today, ANZ and Suncorp Bank Visa debit cards directly added into the Google Wallet will have LCR enabled, with onboarding for remaining issuers to continue this year.
ANZ and Suncorp Bank are the first two issuers live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. From today, ANZ and Suncorp Bank Visa debit cards directly added into the Google Wallet will have LCR enabled, with onboarding for remaining issuers to continue this year.
This collaboration utilises Pine Labs multi-issuer payment platform and aims to streamline the instalment payment process for businesses. Previously, merchants typically needed separate agreements with multiple issuers and deployed numerous payment terminals to handle instalment transactions.
MOBILE PAYMENT: Seven card issuers are supporting Google Wallet at launch in Pakistan Google Wallet has gone live in Pakistan with the support of seven card issuers at launch and four additional issuers due to add support “soon” The seven issuers supporting Google Wallet at launch are Bank AlFalah, Bank of Punjab, Faysal Bank Noor, HBL, (..)
Fraud rates are seven times higher online than in stores1, as criminals exploit exposed card numbers, creating headaches for cardholders and huge losses for merchants and card issuers. Click to Pay is rapidly expanding as issuers like Commonwealth Bank of Australia, ING Spain, NatWest, Santander Mexico, and more enroll their card portfolios.
Biometric cards have garnered more attention in recent times through various trials, but the coronavirus pandemic looks set to accelerate their adoption with a series of major card issuers beginning to roll out the technology.
Biometric authentication has always been a challenging subject with consumers, who are accustomed to using the technology to unlock their phones but are still wary about how much personal information they share with retailers and card issuers.
Their expertise and vision will be integral as we continue to deliver modern issuer processing solutions, support our clients success, and shape the future of payments and fintech in areas such as data and AI. The post Thredd Strengthens Global Leadership With Strategic Senior Appointments appeared first on FF News | Fintech Finance.
BIOMETRICS: Life Card is to start issuing payment cards with fingerprint verification Japanese credit card issuer Life Card is to begin issuing cards containing a built-in fingerprint verification sensor this year, in a move that marks the first commercial launch of biometric payment cards in Japan.
These records can serve as valuable evidence in the event of a chargeback dispute, helping you present your case to the card networks or issuers. The cardholder contacts their credit card issuer, providing details of the disputed transaction and the reason for the dispute.
StraitsX, a Singapore-licensed stablecoin issuer and digital payment infrastructure provider, has partnered with Standard Chartered to strengthen the reserve management of its U.S. Dollar (XUSD) and Singapore Dollar (XSGD) stablecoins.
Additionally, Allpoint member issuers will continue their long-held access at over 3,000 Speedway branded store locations. Aligning with an established operator in FCTI presents Atleos and the Allpoint issuers we serve with significantly more endpoints to complete cash in and out transactions.
” The Premium Payback solution from FIS seeks to drive more engaged cardholder behavior for its clients by connecting participating issuers with participating merchants to allow customers to redeem their points directly at the point of purchase, which can provide immediate savings.
While both Mastercard and Visa will be impacted by Discover Financial Services’ plan to be acquired by card issuer Capital One, the former is likely to bear the brunt of the blow.
While many banks and issuers still use one-time passcodes (OTPs) to protect customers from fraud, modern tools and attack vectors make their days at the office rather easy. Its a great time to be a fraudster. Yet, the debate on payment security versus user experience continues.
Beating back fraud can feel “a bit like a vicious circle,” as the industry improves its capabilities and fraudsters pivot, said Tina Eide, an executive vice president focused on fraud at the card issuer.
By involving the issuing bank early in the transaction authorisation process, network tokens shift the liability from the merchant to the issuer. This early issuer involvement significantly boosts authorisation rates, which has the potential to align card-not-present approval rates with those of card-present transactions.
ANZ and Suncorp Bank have become the first two issuers to go live with eftpos multi-network debit cards in the Google Wallet, with other issuers to follow over the course of 2025. Through the new move, merchants will be able to choose to have more payments routed via the lower-cost eftpos network.
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