Tag: Digital payments

Chargeback fraud, an ever-present issue affecting businesses of all kinds and sizes, results in losses totalling to billions annually. The surge in eCommerce has coincided with an increase in such fraudulent activities, and this alarming trend is expected to continue.

Visa, a worldwide pioneer in digital payments, is set to join forces with FreedomPay, an international leader in Next Level Commerce™.

BNY Mellon, America's oldest bank with a rich history dating back to 1784, and MoCaFi, an impactful FinTech platform established to empower traditionally underserved communities, have forged a strategic alliance aimed at enhancing financial inclusivity across the U.S.

Checkout.com, a key player in the global payments landscape, can now add another feather to its cap as it becomes the first global payments platform to receive a Retail Payment Services licence from the UAE Central Bank.

Vonage, a global front-runner in cloud communications aiding businesses to fast-track their digital transformation, has joined forces with Meta, the parent company of WhatsApp. Together they aim to introduce payments through the messaging platform in Singapore.

Finastra, an esteemed international supplier of financial software applications and marketplaces, has partnered with BKN301 Group, a FinTech firm dedicated to dismantling financial barriers.

TerraPay, a global payments infrastructure company headquartered in the UK, announced a strategic equity investment from Visa, a world leader in digital payments.

As digital payments continue to take the world by storm, Flagright has outlined the five essential steps FinTechs and neobanks can take to secure their digital payments.

Digital payments app PhonePe becomes a decacorn following the closing of a $350m funding round, which doubles its valuation to $12bn.

A study by the European Central Bank (ECB) has found that while cash is the most commonly used form of payment, electronic payments are quickly catching up.