Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
J.P Morgan partners with ACI to bolster European payments capabilities
J.P Morgan has collaborated with digital payments enterprise ACI Worldwide to help the latter provide its merchants with a more enhanced payment experience.
Australian FinTech Zeller snares A$50m to accelerate banking platform development
Australian business banking alternative Zeller has secured A$50m from a recent funding round to supercharge the development of its integrated business banking platform.
Kenya’s Wapi Pay banks a $2.2m pre-seed round to ease remittances between Africa and...
Wapi Pay, based in Singapore and headquartered in Kenya has raised $2.2m in pre-seed funding to scale up global payments and remittances between Africa and Asia.
pingNpay eyes 2022 launch for global retail micropayments network
pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.
ACI Worldwide looks to fight real-time payments fraud with new tech launch
Payment solution provider ACI Worldwide has launched a new technology solution to combat the growth of real-time payments fraud in the payments market.
Welcome Tech lands $30m to support immigrant families
Welcome Tech, a digital platform aiming to provide immigrant families in the US with services to help them thrive, has raised $30m in funding.
IBM teams up with Zelle for P2P payments
P2P payments app Zelle has joined up with IBM to bring the service to more financial institutions.
Bank of America’s P2P payments skyrocket through the Zelle app
By incorporating the Zelle banking app, Bank of America has already seen 163 million peer-to-peer (P2) client transactions in 2019. In 2018, 157 transactions were registered.
NIUM partners with Frente Corretora de Cmbio to provide cross-border payments solutions
Singapore-based global financial platform NIUM has become the latest FinTech player to make a push into Latin America through a new partnership.
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