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China's Xiaomi Launches Online Lending Service in India

Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world’s biggest web services markets.

FIME Helps PAX Technology Achieve First Automated Mastercard Test Equipment Interface POS Compliance

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.

Visa and MFS Africa Team on Digital Payments

Visa is joining forces with MFS Africa to simplify remittances and expand global e-commerce across Africa.

Diginex joins Microsoft’s ScaleUp Program 2019 to Deliver Enterprise Value to Clients

Diginex, a blockchain financial services and technology company, has been selected as part of the Microsoft ScaleUp program. This exclusive 2-year program is designed for high-growth companies to leverage Microsoft’s expertise, scale their businesses and further deliver enterprise value to their clients.

Authorised Push Payment Fraud: The perfect storm that devastates lives

The rise of Faster Payments networks and growing customer expectations of a smooth if not friction-free banking experience is creating the ideal conditions for APP Fraud.

Mastercard Invests in Doconomy to Offer Cardholders CO2 Emissions Tracker

Announcing at the COP25 climate summit in Madrid, Mastercard has extended its collaboration with Swedish fintech Doconomy to offer cardholders carbon footprint tracking based on purchases made through the Bank of Åland’s cloud-based Åland Index.

Leading FinTech firm Thunes Clinches Payments License in Singapore

New regulatory approval extends Thunes’ licensing reach to enable further global expansion across Asia region

Revolut Launches GBP Direct Debit for European Clients

This new feature allows customers to make their regular GBP Direct Debit payments straight from their Revolut accounts. These payments could range from paying utility bills, subscriptions, invoices or gym memberships.

Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech with AIG, Ameriprise and Metromile

To discuss how to leverage the value of technology to improve customer experience and deliver efficiencies, Insurance Nexus is bringing together a team of experts including Eric Spencer (Chief Claims Officer, Ameriprise), Amrish Singh (Head of Product, Metromile) and Fred Lemire (Director of Claims Adminstration, AIG) as well as our moderator Bryan Falchuk (Best-selling Author, for a live webinar, Results-Driven Claims Innovation: Unlock the Real Value of Claims Tech‘ on December 10th at 11:00am ET.

Super Processor Chooses TAS USA’s Card Payments Platform to Accelerate Innovation

TAS USA Inc., part of TAS Group today announced that it has signed a deal with Super Processor Inc., a full-service payment processor based in Hawaii, to provide its end-to-end card payments platform, CARD 3.0 I.E., and deliver innovative issuing and acquiring functionalities to cover the entire payments value chain.

PayPal and Mastercard Extend Instant Transfer to Singapore & Europe

Through its long-standing partnership with Mastercard, PayPal is extending its Instant Transfer solution to Singapore and multiple European markets. Through Mastercard Send,™ PayPal customers can transfer funds from their PayPal wallets to their Mastercard cards in real-time

CULedger Showcases Successful Cross-Border Payment Solution, Supported by Partners R3 and Luxoft, a DXC Technology Company

CULedger, a credit union service organization (CUSO) that focuses on delivering the world’s premier network of one-to-one financial exchange for credit unions, unveiled a viable proof-of-concept version of CUPay, a highly secure electronic funds transfer (EFT) payment solution that is built on R3’s Corda blockchain platform.

Deutsche Bank Predicts Cryptocurrency Could Replace Fiat by 2030

The 'Imagine 2030' report highlights the dangers of the forces holding the fiat money system unravelling in the next decade, in turn fuelling the demand for crypto. Deutsche Bank describes cryptocurrencies as "additions rather than substitutions", but believes this may change by 2030.

Payments Europe Summit – Webinar: Implementing strong customer authentication – Customer’s journey and Merchant readiness

Taking place on 10 December @ 2pm (GMT) CeFPro's complimentary webinar 'Implementing strong customer authentication – Customer’s journey and Merchant readiness' is tailored for financial professionals within the Payments industry ahead of our 3rd Annual Payments Europe Summit. Join the Webinar and Payments Summit by visiting: www.cefpro.com/payments

NEXT BLOCK ASIA 2.0 Revisits Bangkok; Ends with GURUS Influencer Awards

NEXT BLOCK ASIA has revisited Bangkok to set the stage for discussions between experts from cryptocurrency, traditional finance, and affiliate industries. Advertisers and affiliate network leaders joined cryptocurrency visionaries and CEOs of successful startups to speak about the future of their industries and discuss synergies.

European Cards Industry in 2020 and Beyond. Do we Need Oversight Coordination?

PSD2 SCA has been one of the most discussed topics for merchant payment professionals before and after its implementation deadline, on September 14, 2019. What are the lessons learned from the PSD2 SCA implementation project so far?

Vienna based payment orchestration platform IXOPAY partners with Paydoo

Paydoo and IXOPAY agree on a partnership to broaden their offerings in Europe. About the partnership, the Founder at Paydoo Sam Kohli says: “We are delighted to announce our partnership with IXOPAY. Not only are they a great team but they have developed a product suite that extends beyond a flexible and integrated gateway solution.

SBC Wallet Cards Now Issued by Softbank

Softbank's SBC Wallet Cards (Softbank Card 3.0) will be officially released on November 27. SBC Wallet Cards improve the shortcomings of traditional wallets by providing better security and access. The SBC Wallet Cards utilizes its own encryption system, realizes multiple encryption mechanisms and can realize hot and cold wallet functions.

The Time is Right to Accelerate Cloud Migration

While many industries have already made the switch from traditional on-premise to software-as-a-service and platform-as-a-service solutions, the financial sector has traditionally opted for a more nuanced, gradual migration to the cloud. Increasingly, however, financial institutions are now migrating their core services to public and private cloud solutions.