Search Results for: businesses and consumers
Top 5 Digital Banking Trends For 2020
With the dawn of a new decade comes innovations, connectivity, speed, ease, and security in banking like never before. It is an exciting time to be in digital banking to say the least. Payments can be made in an instant by merely saying the words aloud, tapping our phones or......
Tyfone Launches Payfinia Inc. to Disrupt Instant Payments Digital User Experience
Tyfone, a leader in digital banking solutions, announces the formation of Payfinia Inc., a separate entity dedicated to providing innovative solutions that redefine instant payments. This new venture leverages Tyfone’s expertise in digital banking user experience (UX) and intellectual property (IP) developed through the successful deployment of the Instant Payment......
Ensuring PCI DSS Compliance in Finance
By Pukar Hamal, Founder and CEO at SecurityPal Payment card fraud is projected to hit $13.73 billion by the end of 2024. Can PCI DSS prevent such massive losses? In 2013, hackers stole data from 40 million credit and debit cards at Target, costing the company $292 million. Investigators found......
COVU Secures an Additional $12.5 Million in Series A Funding
COVU, Inc., a leader in AI-native services for insurance agencies, announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from......
Alchemy Pay Introduces Samsung Pay Integration for its Crypto Virtual Card
Alchemy Pay, a leading fiat-to-crypto payment gateway, has announced another new update to its Virtual Card service, now featuring integration with Samsung Pay on one of its virtual cards. Alchemy Pay’s Virtual Card holders can now experience fast, secure transactions by linking their cards to Samsung Pay. Whether shopping online or......
Mastercard Accelerates the Path Toward Real-Time Card Payments
South African merchants will soon benefit from same-day payouts and more control over their funds Instant and secure payments can act as a multiplier to help businesses and economies thrive and grow. To further Mastercard’s vision of bringing immediacy to card payments, the company announced that South Africa will be the......
Lesaka Completes the Acquisition of Adumo, Cementing Its Position as the Leading Independent Fintech in Southern Africa
Lesaka Technologies, announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka’s common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka’s......
Visa to Acquire Featurespace
Featurespace’s deep tech origins, combined with Visa’s digital payments leadership, poised to strengthen global fraud protections Visa announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of......
Intuit Unveils New AI-driven Expert Platform Experiences at Investor Day 2024
New innovations connect products across Intuit’s platform to deliver seamless, done-for-you experiences for consumers and businesses Intuit, the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, shared the company’s strategy at Investor Day and unveiled new AI-powered innovations that help consumers make smart money decisions year-round and fuel business......