Search Results for: PSD2

Wish Granted Payment Institution License for the EU
Digital Payments News

Wish Granted Payment Institution License for the EU

Fintech News Desk
by Fintech News Desk0
The license is a first step toward allowing Wish to process all EU payments on its platform ContextLogic B.V., a Dutch subsidiary of ContextLogic Inc., announced it has been granted a Payment Services License by the Dutch Central Bank. “The granting of this license is an exciting first step towards......
Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA
Digital Payments Machine Learning News

Swedbank Partners with ACI Worldwide to Combat Fraud and Comply with SCA

Fintech News Desk
by Fintech News Desk0
Leading issuer and acquirer in Nordic and Baltic regions enhances its fraud platform with ACI Fraud Management ACI’s machine learning capabilities and consortium data underpin Swedbank’s strong customer authentication (SCA) exemption strategy, contributing to a sizeable decrease in card fraud ACI Worldwide, a leading global provider of real-time payments and digital......
Visa To Acquire European Open Banking Platform Tink
Banking Fintech News

Visa To Acquire European Open Banking Platform Tink

Fintech News Desk
by Fintech News Desk0
Visa announced it has signed a definitive agreement to acquire Tink, a European open banking platform that enables financial institutions, fintechs and merchants to build tailored financial management tools, products and services for European consumers and businesses based on their financial data. Visa will pay total financial consideration of 1.8 billion......
A Purpose-Driven Banking For The Post Pandemic World
Banking Guest Posts

A Purpose-Driven Banking For The Post Pandemic World

Sanat Rao
by Sanat Rao0
The COVID-19 pandemic has made a profound impact on people and industry worldwide. In the case of banks, in addition to managing their own businesses, banks have had to assume a social responsibility to help customers and communities get through the crisis. Be it transmitting massive government relief packages, deferring......
SmartMetric Sees the Adoption of European Union Banking Directive to Usher in the Rapid Adoption of On-Card Biometric Authentication for Credit and Debit Cards
Banking Finance Fintech News

SmartMetric Sees the Adoption of European Union Banking Directive to Usher in the Rapid Adoption of On-Card Biometric Authentication for Credit and Debit Cards

Fintech News Desk
by Fintech News Desk0
SmartMetric, Inc.: The European Union PSD2 banking directive will force banks to adopt two (2) factor authentication for credit and debit card transactions. The EU, PSD2 directive is designed to afford greater protection for consumers using their credit and debit cards online and offline. It comes into effect as of......
LoginID Announces Investment from Visa to Accelerate FIDO-certified Strong Customer Authentication
Banking Digital Payments Fintech News

LoginID Announces Investment from Visa to Accelerate FIDO-certified Strong Customer Authentication

Fintech News Desk
by Fintech News Desk0
LoginID provides simple APIs and SDKs for enterprises to integrate FIDO-certified biometric authentication in as little as 15 minutes, helping reduce e-commerce fraud LoginID, a FIDO-certified authentication provider, announced additional investment from Visa on the heels of its $6M seed round from veteran payment and fintech entrepreneurs. The investment amount from Visa is undisclosed.......
Ping Identity and ProofID Unite to Simplify Identity Security for Tesco Bank
Banking News

Ping Identity and ProofID Unite to Simplify Identity Security for Tesco Bank

Fintech News Desk
by Fintech News Desk0
Ping Identity’s flexible solutions improve customer experience and help achieve compliance Ping Identity, the Intelligent Identity solution for the enterprise, has partnered with ProofID to successfully simplify identity security for Tesco Bank, the banking division of the UK’s largest supermarket retailer, to enable a more secure and customer-centric banking experience. “We......
Salt Edge paves the way for businesses to leverage open banking
Banking News

Salt Edge Paves The Way For Businesses To Leverage Open Banking

Fintech News Desk
by Fintech News Desk0
Salt Edge, leader in developing open banking solutions, recognises that open banking is still not fully understood and appropriately leveraged by many businesses. Considering the businesses’ challenges in the COVID-19 era, open banking brings opportunities that may become real game-changers. According to Dmitrii Barbasura, Salt Edge CEO, open banking solutions......
HYPR Raises $35 Million Series C Led by Advent International
Finance Fintech News

HYPR Raises $35 Million Series C Led by Advent International

Fintech News Desk
by Fintech News Desk0
Investment to support and accelerate development of HYPR’s True Passwordless Authentication technology HYPR, The Passwordless Company announced it has raised $35 million in a Series C financing, doubling the company’s total funding to over $70 million. The investment is led by Advent International through Advent Tech, the firm’s dedicated global technology fund. Advent......
API3 and Open Bank Project Initiate a 10-Year Development Partnership to Bridge Open Banking with Blockchains
Banking Blockchain Fintech Mobile Banking News

API3 and Open Bank Project Initiate a 10-Year Development Partnership to Bridge Open Banking with Blockchains

Fintech News Desk
by Fintech News Desk0
Partnership will have open banking APIs connected to blockchain platforms using API3’s Airnode, enabling the use of open banking data in Web 3.0 applications API3 has entered into a 10-year development partnership with Open Bank Project to connect over 400 banking & open banking APIs directly to blockchains via API3’s Airnode, all housed under......
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