Tag: Payments

The Reserve bank of India (RBI) has reportedly extended the deadline for prepaid payment instruments (PPIs) to be compliant with KYC rules.

With less than a month until the final deadline of Strong Customer Authentication (SCA), fears around preparedness are still prevalent and firms are trying to ensure there will not be a fall in payments come September 14.

BharatPe, a QR code-based payment app for offline retailers and businesses, has reportedly raised $50m in funding.

CardX, which builds technology solutions for credit card surcharging, has raised an additional $2m in growth financing.

Germany’s Federal Financial Supervisory Authority (BaFin) has made a temporary measure which allow online payments that do not meet strong customer authentication requirements.

Visa has released a suite of security capabilities which will help prevent and disrupt payment fraud.

Wirecard, digital financial technology developer, has released a new fast track to PSD2 onboarding through its digital Financial Commerce platform.

Canadian private equity house Novacap has made its largest-ever acquisition through the $889m bolt-on of Safecharge to its existing portfolio business Nuvei.

FreedomPay has teamed up with Vista Technology Services to provide improved field services to merchants in the UK and Europe.

Mobile point of sale (POS) platform SumUp has teamed up with UK challenger bank Starling Bank to support faster payouts to SMEs in the UK.