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Industry News

Modulr becomes first non-bank or building society to launch Confirmation of Payee

Modulr is the first non-bank or building society to join the Confirmation of Payee service.
Confirmation of Payee allows users to check if the payment details they’ve entered for a person or business match the details held by the recipient’s bank.
This provides reassurance that payments are being sent to the right recipient and protects Modulr customers from certain types of payment fraud.

September 14, 2020

Blog Posts

Contis partners with Currencycloud on international payments

UK-based end-to-end accounts and payments solutions provider Contis has forged a partnership with global payments platform Currencycloud.

Through this partnership, Contis can now offer foreign exchange and international money transfer services to its clients and account holders.

September 14, 2020

Blog Posts

Why the bancarization of Latin America might cause a spike in online banking fraud

– Banking in Latin America
– Effect of Covid-19 on Latin American banking
– Key risks of bancarization in Latin America

September 14, 2020

Blog Posts

EML signs contract with Laybuy to launch 0% interest Buy Now Pay Later Solution in Australia with plans for the UK

EML and Laybuy are working together on Buy Now Pay Later (BNPL).

September 14, 2020

Press Releases

Frost and Sullivan recognises Buguroo’s unique online fraud prevention

– Challenges facing the industry in stopping online banking fraud
– Decision criteria utilized to determine a winner across technology attributes and future business value drivers
– Reasons Buguroo was selected as the clear winner across all determining criteria

September 14, 2020

Blog Posts

SIM swapping scams and behavioural biometrics

– How does SIM swapping work?
– SIM swappers struck – what next?
– The role of the bank in stopping SIM swapping fraud
– Behavioral biometrics analysis overcomes the failings of two-factor authentication
– Profiling cybercriminals, one simjacker at a time

September 14, 2020

Blog Posts

Accuracy and consistency top considerations for behavioural biometrics-based solutions

– How unauthorized fraudsters use compromised customer data and phishing techniques to attack online banking platforms
– Leverage behavioral biometrics and AI to make real-time decisions
– Assess the risk of entities holistically, not only relying on PII

September 14, 2020

Press Releases

Banking Circle improves payments transparency with ‘Payments on Behalf of’

Financial infrastructure provider, Banking Circle, is tackling the compliance and reconciliation issues often faced in global B2B payments with its new Payments on Behalf of (POBO) and Collections on Behalf of (COBO) solutions.

September 14, 2020