Payment Security
UK fintech Paymentology upscales Singapore presence
Source: Paymentology
Closely following the expansion of its Middle East office, UK fintech cloud-payment processor, Paymentology has announced a similar focus on Singapore, with the appointment of Matt Bruton as the General Manager for the Asia Pacific region.
Amazon joins Mastercard tokenization initiative
Source: Mastercard
More and more consumers are going online to purchase everything from groceries and food delivery to home improvement goods, apparel and entertainment; as they do, merchants are focused on providing an increasingly seamless experience.
Fiserv addresses false declines with Authorization Lift
Source: Fiserv
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced it has launched a unique offering designed to reduce the number of legitimate debit card transactions that are wrongly identified and declined as fraudulent, while effectively managing risk.
Citi helps US govt tackle Covid-19-related fraud
Citi, Alibaba and Amazon are among the firms working with the US government on an effort to thwart Covid-19-related fraud.
Barclaycard adopts SCA-busting fraud module from Kount
Barclaycard Payments, which processes almost 40 per cent of card transactions in the UK, is to provide merchant customers with real-time fraud detection software from Kount.
FIS releases IQ Now for businesses on the go
Source: FIS
As merchants around the world grapple with the impact of COVID-19 on their operations, financial services technology leader FIS™ (NYSE: FIS) has launched iQ Now, a new mobile app for Worldpay’s small- and medium-sized businesses (SMBs) that delivers actionable insights into the health of the business.
FCA extends SCA deadline by a further six months
The UK's Financial Conduct Authority is to delay the implementation of strong customer authentication rules by six months in an effort to minimise disruption to consumers and merchants during the ongoing Covid-19 crisis.
ACI Worldwide brings instant payments to more digital channels
Source: ACI Worldwide
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the launch of a series of new capabilities in its UP Immediate Payments solution.
Diebold Nixdorf hit by ransomware attack
ATM manufacturer Diebold Nixdorf has suffered a ransomware attack on its corporate network, disrupting some operations.
GCC set for fintech surge during global Covid-19 outbreak
The GCC is set to experience a surge in the use of FinTech platforms as consumers turn away from physical offerings during the ongoing global COVID-19 outbreak.
Maze ransomware gang leak Banco BCR card data
The Maze ransomware gang have started posting payment card data stolen during a breach at state-owned Banco de Costa Rica.
Wirecard appoints chief compliance officer
The Supervisory Board of Wirecard AG appoints the American Dr. James H. Freis (49) as Chief Compliance Officer effective July 1, 2020.
Blaming Covid-19, European payments industry calls for SCA delay
Citing Covid-19, the European payments industry is calling on the EBA to push back the deadline for the migration to Strong Customer Authentication (SCA) standards still further.
