FIME has performed the first automated Mastercard Test Equipment Interface (TEI) Level 2 payment terminal compliance test. Point of sale (POS) terminal provider PAX Technology fast-tracked commercial launch using FIME’s test tool and laboratory services. The automated process helped PAX Technology to reduce costs, development and compliance times by up to 50% for this and future projects.
The Turkish Government has passed new legislation paving the way for the introduction of Open Banking and full compliance with PSD2.
2020 will see a development in the standards governing the flow of money to match the increased globalisation of payment processing, according to Deloitte.
Stripe, a global technology company that builds economic infrastructure for the internet, announced its official launch in Malaysia. Stripe also announced a partnership with Payments Network Malaysia Sdn Bhd (PayNet) to make FPX available to businesses in the country.
Corey Besaw is the Chief Innovation Officer for Ubiquity, where he is responsible for leading the development of new products and services. In this article he talks about the company’s extensive growth, their innovation lab in Amsterdam, their services and growth plans.
OKEx to engage exchanges and market participants to develop a Global Self-Regulated Organization (SRO) aimed at standardizing practices and policies
40% of European banks will not be compliant with the PSD2 regulatory technical standard (RTS) on Strong Customer Authentication (SCA) by the 14th September deadline. The major risk of this delay is the decline and cancellation of transactions, which can lead to potential financial losses for merchants on one hand and the loss of customers for banks on the other
The People’s Bank of China (PBOC) on Thursday released (in Chinese) a three-year plan with the aim to strengthen support for the fintech sector and curb its risks.
Open Banking Expo will bring together the innovators, disruptors and visionaries who will shape the future of Open Banking.
Speeding up onboarding processes through digital identification - IDnow supports Provinzial NordWest with a video identification solution.
After the first edition of our French Meetup, we've prepared a podcast and whitepaper for our french audience to understand the challenges against payment fraud.
Sopra Banking Software announced that Rabobank International Direct Bank is using its “Digital Experience Platform” (DxP) in order to comply with PSD2 regulations.
On April 24, 2019, Payments & Cards Network held a very successful new edition of its Industry Meetup in Spaces Herengracht near its Amsterdam HQ. Here're some key takeaways.
Hong Kong Monetary Authority (HKMA) issued the first round of virtual banking licenses.
Open banking platform provider Token.io, announced its partnership with Khaleeji Commercial Bank (KHCB) to accelerate open banking services in Bahrain.
Token.io Limited announces it has been selected by Mastercard to power the connectivity layer of its open banking hub.
Financial messaging giant SWIFT has teamed up with the Singapore Exchange and four banks to trial a platform for e-voting based on blockchain tech.
The European Commission is pondering a 'regulatory push' to encourage adoption of the new TIPS instant payments service.
As a result of the passage and adoption of open banking regulations, like PSD2 in Europe, banks and other financial firms are sharing data more freely than ever before.
Our industry meetup gathered industry leaders to share their insights on automation and AI, fraud and risk and how to get the most out of your data.