Leading brands in the world of open banking today announced an important new open banking challenge: The VRP Hackathon. It is organised by Open Future World, Ozone and UK Finance and sponsored by Accenture, Mastarcard, VOLT and Worldpay.
A summary of the findings of Yobota’s recent survey into how banking and financial services firms responded to covid-19 in terms of digital transformation and technology uptake.
Leading dispute technology specialist, Chargebacks911, today announces the exciting appointment of technology management leader, Brad Dillahunty, as Executive Vice President and Chief Product Officer (CPO) at Chargebacks911 and sister brand Fi911.
Cash payments have been in decline in the UK over the past decade, with contactless payment becoming the popular choice. But with the limit on contactless transactions set to double to £100 by the end of the year, what chance does cash stand? In this new article from Ingenico’s Contactless 2021 series, Blair Stalker examines the impact of the change and the #SCA mitigations against an increase in fraud.
TrueLayer, Europe’s leading open banking platform, today announced that Mariko Beising has joined the firm as its new Head of Payment Partnerships, bringing a decade of experience, most recently at Klarna where she led partnerships with Payments Services Providers (PSPs).
What are the top priorities, challenges, opportunities and risks for compliance and risk executives in 2022? VIXIO PaymentsCompliance is running its annual Trends and Priorities Survey to gain insight on just that.
Episode Six is transforming the buy now, pay later (BNPL) landscape, by putting control in the hands of card issuers versus the acquirer or other third parties. For the first time, issuers can implement changes at the account level in real-time. To understand why this is important, we take a look at the interest in BNPL and how it works.
As we have noted in the past, federal regulation of the digital asset/cryptocurrency/DeFi community is evolving and there are many perspectives on what direction it should take. For instance, earlier this week, the House Democratic leadership and a group of moderate House Democrats agreed to a compromise that would prevent the House of Representatives from amending the Senate-passed “Infrastructure Investment and Jobs Act” (H.R. 3684), thereby preserving the bill’s provisions expanding the definition of “broker” under the Internal Revenue Code to apply to various digital asset market participants.
The Federal Deposit Insurance Corporation (FDIC) has issued a “Request for Information and Comment on Digital Assets” (RFI) to learn more about the “novel and unique considerations related to digital assets….[g]iven that banks are increasingly exploring the emerging digital asset ecosystem.” A key theme of the RFI is the development of a framework to promote “responsible innovation.”
The continuing global e-commerce boom highlights old issues of Local Payment Methods (LPMs) some regions, like the Baltics, still face. Offering a region-tailored solution, Nikulipe has launched a new LPM to tackle the problem.
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