payments
BankingTraditional Banks and Closing the Digital Divide.
TechnologyChallenges of Digitalisation in the Developing World – and How to Overcome Them
FinanceWith Sca Deadline Looming – What Happens Next?
BankingRequest to Pay – Where Is the Industry Heading?
Open for Business: Harmonising Africa’s Payments Landscape
Date: March 2, 2022
Hampered by a highly fragmented and competitive payments ecosystem, many businesses are struggling to grasp the market in Africa. The emergence of fintech, however, promises to inject new energy into the sector – helping to piece together this landscape and provide a frictionless payments experience, according to Akshay Grover, Group CEO of digital payments company...
EU Excludes Seven Russian Banks From SWIFT – Official Journal
Date: March 2, 2022
BRUSSELS (Reuters) – The European Union is excluding seven Russian banks from the SWIFT messaging system that underpins global transactions as part of its sanctions over Russia’s invasion of Ukraine, the EU official journal said on Wednesday. The banks, which will be given 10 days to wind-down their SWIFT operations, are Russia’s second-largest bank VTB,...
Visa, Mastercard Block Russian Financial Institutions After Sanctions
Date: March 2, 2022
By Maria Ponnezhath (Reuters) -U.S. payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow’s invasion of Ukraine. Visa said on Monday it was taking prompt action to ensure compliance with applicable sanctions, adding that it will donate $2 million for...
Pace Anti-Piracy Raises the Bar in White-Box Encryption Protection for Bank, Psp, and Payment Scheme Applications
Date: March 1, 2022
Next-gen ‘White-Box Works’ code generator launches complete with EMVCo Software-Based Mobile Payment security evaluation certificate 1st March 2022 – San Jose, California – Banks, payment service providers (PSPs), schemes, and other financial institutions can now benefit from a uniquely high level of sensitive data protection and application attack resistance, following today’s launch of White-Box Works, a next-generation...
Payment Innovation – a Closer Look at Biometric Payment Cards
Date: March 1, 2022
Global Banking and Finance Review sat down with Michel Roig, President of Payments & Access at Fingerprint Cards (Fingerprints), to ask the important questions about biometric payment cards. What opportunities do they provide for banks, retailers and consumers? How can their security be guaranteed? And when will we all get our hands on one? How...
The UK’s Late Payment Crisis – How SMEs Can Survive the Coming Year
Date: February 28, 2022
By Tim Vine, Head of International Finance & Risk Solutions at Dun & Bradstreet Late payments have haunted the small business sector for years. With strict deadlines on outgoing payments, from wages to supplier bills, small businesses often face long waits to be paid themselves – throwing the viability of their business into question. Action...