Banking & Payments DECODED
Latest edition: 30 May 2024
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Latest news
Paytech's role in converting abandoned carts into completed purchases
Cart abandonment is a huge concern for online marketplaces, retailers, and brand websites. What’s more, eliminating it entirely may not be feasible partly due to the nuanced shopping behaviours across generations. The big question is: are customers on your site to buy or to browse?
Quai buys Intelligent Money assets to increase its wealth reach
Quai, an established digital savings platform, and product provider, has bought key assets from wealth management firm Intelligent Money, including its technology, employees, and trustee firms.
Lightrock introduces Global Small-Cap Strategy
Lightrock, a worldwide investment platform that supports purpose-driven businesses, has introduced its Lightrock Global Small-Cap strategy.
Mastercard opens European Cyber Resilience Centre in Belgium
Mastercard has announced the opening of its European Cyber Resilience Centre (ECRC) at its European Headquarters reaffirming the company’s commitment to combatting cyber threats and enhancing resilience in the region.
Mangopay launches new AI-driven fraud prevention solution for platforms
Mangopay has announced the launch of its new Fraud Prevention solution. Mangopay's Fraud Prevention solution provides a fully integrated and payment processor-agnostic AI-driven cybersecurity solution to guard against an evolving range of threats. These threats include account takeover by both bots and humans, reseller fraud, payment fraud, chargebacks, and return abuse.
SeABank and Visa cooperate to accelerate digital payments
Southeast Asia Commercial Joint Stock Bank (SeABank) and Visa further tightens their comprehensive cooperative partnership through a strategic cooperation agreement on developing digital payments.
SaaScada powers ZORRZ's fintech solution for financial inclusion
SaaScada has announced its partnership with ZORRZ, to power ZORRZ's BlueAccess Card. This collateralised credit card solution aims to disrupt the traditional credit industry and bring financial empowerment to millions who have been excluded from mainstream lending due to limited or adverse credit histories.
RBC launches new Truth and Reconciliation Office
RBC has launched a Truth and Reconciliation Office under its new Indigenous banking banner, RBC Origins. RBC is the first major bank in Canada to launch such an initiative.
Philippines e-commerce payments to surge by nearly 20% in 2024
The Philippines e-commerce market is growing at a fast pace and is expected to surge by 19.6% in 2024, driven by growing consumer preference for online shopping and strong internet penetration, reports GlobalData, publishers of EPI.
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Truett-Hurst, announced that beginning Fall 2014 and Spring 2015, Total Wine & More, "America's Wine Superstore" will be adding several new Truett-Hurst SKU's to their wine listings.
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