
Countering Fraud in E-commerce in LATAM with Transact365
There are approximately 300 million digital buyers in LATAM (with this figure forecast to grow 25% by 2025). Transact365 evaluate how to tackle fraud in the region.
There are approximately 300 million digital buyers in LATAM (with this figure forecast to grow 25% by 2025). Transact365 evaluate how to tackle fraud in the region.
The Swipen team made their way to London on 5th May for The Card & Payments Awards. We attended the event as a Category Finalist for the Best Payments Industry Newcomer award. The Card & Payments Awards recognise success and innovation within the payments industry from a diverse range of corporations. Winners are chosen by an experienced and completely independent panel of industry experts.
Orenda Finance announced today it has been selected to use Stripe’s new Beta APIs for Financial Accounts, allowing for a flexible payments system on a reputable platform. This will allow clients to reach further afield across borders in various industries, giving them the environment to easily expand their business reach by doing financial transactions between countries seamlessly.
Noda was launched in a private beta mode in Summer 2021. Company’s core area is Open Banking solutions for online services. Noda focuses on direct communication with online merchants, and instantly searches for new ways to apply Open Banking technologies in different fields to help e-commerce businesses grow and evolve. During the first year, we grew the team from 5 to 20 people, contracted with the first few merchants and polished the technologies and processes. As we see the increasing demand and specter of possible Open Banking applicability, we keep growing the muscles on product and sales expertise, with a high attention to both merchants and end-users online experience. For the moment, we quite fully covered our UK and European connections. So we are currently active in two areas:
Expanding the geography of connections – this year we plan to connect to the banks in Canada, Australia, and ASEAN countries. Next year, as soon as local banks are ready – USA, Latin America, Africa
Optimization of “Sign in via Bank” functionality – we are actively exploring technological and legal opportunities to increase the value of the service for merchants by providing them with the functions of benchmarking potential customers based on financial information. This will allow us to offer the most relevant products and services in the future, and optimize the Customer Experience for end-users.
Bahrain Telecommunication Company – Batelco – has an impressive track-record of transforming its international money transfer services. In order to help Batelco integrate with Mastercard’s Transfast, Fable Fintech’s Growth Suite provides innovative technology and infrastructure support alongside Finleap. Fable’s Growth Suite offers its customers the unique opportunity to provide their own, white-labelled, cross-border payments system which incorporates a variety of methods. As a global banking infrastructure Company, Fable Fintech is ready to exceed that which banks can offer in ensuring the seamless movement of global payments. Batelco required speed, security, compliance, digital readiness and control; this is the story of the way in which Fable Fintech’s Growth Suite was able to meet those challenges.
Uncovering the key questions and decisions that make a Payments-as-a-Service platform an increasingly viable option for banks looking to future proof their payments capabilities.
Payments are evolving significantly – and while there are many areas of development, one of the most significant is that of instant payments. But what’s driving the adoption of instant payments, and how is this area progressing in Europe and beyond?
A recent study found that SMEs across the UK currently owed a staggering £61bn in late payments. Take a look at our guide with how to manage late payments.
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