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Juniper Research eCommerce Losses to Online Payment Fraud to Exceed $20 Billion Annually in 2021
Commerce Digital Payments Featured News

Juniper Research: eCommerce Losses to Online Payment Fraud to Exceed $20 Billion Annually in 2021

Sudipto Ghosh
Online Payment Fraud is costing billions to e-commerce businesses. According to a new study from Juniper Research, the value of losses due to eCommerce fraud will rise this year, from $17.5 billion in 2020 to over $20 billion by 2021; a growth of 18% over a single year! China is the biggest......
Mindtree and Duck Creek Collaborate with UPC Insurance to Drive its Digital Transformation Initiative Forward
Digital Payments InsurTech News

Mindtree and Duck Creek Collaborate with UPC Insurance to Drive its Digital Transformation Initiative Forward

Fintech News Desk
UPC Insurance to provide enhanced customer experience through SaaS-based core systems and its new flagship InsurTech company, Skyway Technologies Mindtree, a leading digital transformation and technology services company, has partnered with Duck Creek to improve customer experience for UPC Insurance customers through the implementation of SaaS-based core systems. This includes policy, billing,......
African Development Bank Approves $170M for Investment in Startups
Digital Finance Fintech News

African Trade Finance Sees $5 Billion In Portfolio Outflows In Q1 2020 Due To Covid-19, But Opportunities Exist – Report

Fintech News Desk
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the first quarter of......
Netstars Raises JPY6.6 Billion from Investors Including KKR, SIG and LUN Partners
Fintech News

Netstars Raises JPY6.6 Billion from Investors Including KKR, SIG and LUN Partners

Fintech News Desk
Netstars Co., Ltd., the operator of Japan’s largest QR code payment gateway, announced the completion of a JPY6.6 billion funding round. The round, which was made through a combination of a capital infusion and the allotment of new shares, includes a JPY4 billion investment made from funds managed by global......
Bill.com Announces Integrations with Microsoft Dynamics 365
Digital Payments Fintech News

Bill.com Announces Integrations with Microsoft Dynamics 365

Fintech News Desk
The new integrations enable joint customers to pay and get paid quickly and easily Bill.com, a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs) today announced an expansion of the company’s partner ecosystem with Microsoft Dynamics 365, including......
Juniper Research: Domestic Digital Money Transfer Values to Grow to $3.4 Trillion by 2025, as Mobile Money Drives Growth
Digital Digital Payments News

Juniper Research: Domestic Digital Money Transfer Values to Grow to $3.4 Trillion by 2025, as Mobile Money Drives Growth

Fintech News Desk
63% Growth in Values Between 2020 and 2025 A new study from Juniper Research has found digital domestic money transfer transaction values will rise from $2 trillion in 2020 to $3.4 trillion in 2025; driven by growth of mobile money transfers. Mobile transactions will represent an 89% share of total transaction value......
Telenity Announces Enkudo: A New Brand in Digital Services Business
Digital News

Telenity Announces Enkudo: A New Brand in Digital Services Business

Fintech News Desk
Telenity, a leading provider of innovative services and solutions for communications networks, today announced its new brand, Enkudo®, for its Digital Services Business Line, with an aim to deliver a best-in-class service aggregation solution for mobile network operators and payment service providers around the globe. Enkudo presents mobile operators a......
EMQ Delivers Enhanced Cross-Border Payment Capabilities in Hong Kong
Digital Payments News

EMQ Delivers Enhanced Cross-Border Payment Capabilities in Hong Kong

Fintech News Desk
 International payments now delivered within minutes in either HKD or RMB to any bank in Hong Kong via the Faster Payment System Global financial settlement network EMQ announced a significant enhancement to its cross-border payment capabilities by adding Hong Kong’s Faster Payment System (FPS) to the network. This extends EMQ’s......
MoneyGram Announces Agreement to Incorporate Pay + Mobile Wallet to Expand Its Digital Presence in the Middle East
Digital Digital Payments News

MoneyGram Announces Agreement to Incorporate Pay + Mobile Wallet to Expand Its Digital Presence in the Middle East

Fintech News Desk
Through its alliance with Ooredoo Oman and the National Bank of Oman , Pay + mobile wallet users will be able to send money in near real time via MoneyGram’s global network of more than 200 countries and territories. Pay + is the first development on the market that will allow customers......
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