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Dispute management platform Chargeback raises $6.6m

/payments

Dispute management platform Chargeback raises $6.6m

Chargeback, an American real-time dispute management platform for merchants, has closed a $6.6 million Series A1 funding round led by Fintop Capital and Next Frontier Capital.

/crime

Australian Fintech Hay selects Featurespace to strengthen prepaid card security and AML

Featurespace, the leading provider of Enterprise Financial Crime prevention software, has revealed that Australian fintech Hay has selected its ARIC Risk Hub to detect and prevent fraud and money laundering on its mobile-first solution.

/payments

BNP Paribas integrates with Coupa Pay

On 8 June 2020, BNP Paribas and Coupa announced the availability of the BNP Paribas Virtual Card as a payment option within Coupa’s leading business spend management (BSM) platform.

/cloud

Lotte Card to modernise operations with IBM cloud

IBM (NYSE: IBM) announced today that the Korean credit card company, Lotte Card, which services a wide network of retailers including department stores, hypermarkets and cinemas, is collaborating with IBM Services to transition its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment.

/payments

Japan's JCB picks FIS for cross-border QR-code payments

FIS(TM) (NYSE: FIS), a global leader in financial services technology, today announced that an international payment scheme, JCB, has selected FIS' Payments One switching and acquiring services[1] to enable cross-border QR-code payments.

/security

Ondot to provide Visa with tokenisation services through card app

Ondot Systems, the digital card services platform for credit and debit issuers, today announced its collaboration with Visa Token Service, enabling the company to begin tokenizing credential-on-file digital payments on behalf of their clients for an additional level of security.

/payments

Loyaltek and Paynovate launch Unity Card to help authorities distribute emergency aid

As the Corona curves are slowly but surely starting to flatten, the focus is gradually shifting towards the next challenge: relaunching the economy.

/payments

Worldline launches SoftPos mobile terminal

SIX Payment Services, a Worldline Group company, the European market leader in electronic payments, together with the Polish fin-tech SOFTPOS, is launching a new, most comprehensive SoftPoS mobile terminal on the market, which can be installed as an application on any mobile device with the operating system Android 8.0 or newer.

/payments

StanChar launches credit card aggregation startup

Fumbling around and toggling through multiple webpages for credit card deals is now history with the launch of CardsPal, a one-stop credit card deals mobile app.

/payments

Amadeus and Troovo partner for automated B2B travel payments

The integration of Troovo’s advanced Robotic Process Automation (RPA) engine with Amadeus’ B2B Wallet means the entire virtual payment flow can now be automated very quickly, helping the travel industry digitally transform B2B supplier payments.

More than half of UK payments in 2019 made by card

/payments

More than half of UK payments in 2019 made by card

More than half of all payments in the UK were made by card last year as cash usage fell sharply, industry figures show.

Covid-19 delays New York subway contactless payments rollout

/payments

Covid-19 delays New York subway contactless payments rollout

While Covid-19 is encouraging an uptick in contactless payments, the virus is set to stymie tap-and-pay for New York commuters by delaying the roll out of a new system, according to the Wall Street Journal.

/payments

FSS revamps e-commerce payment gateway

FSS (Financial Software and Systems), a globally leading digital payments technology provider and a payment processor, announced today that it has enhanced its e-Commerce Payment Gateway with added value service capabilities to bring more merchants online and deliver smart, secure commerce experiences.

/payments

Landesbank Berlin chooses SIA for card management system

Landesbank Berlin, Germany`s largest issuer of co-branded credit cards, has chosen SIA, European hi-tech company, leader in the fields of payment services and infrastructures, for the realization of the new system for the management of payment cards co-branded with leading commercial partners in Germany, like ADAC ( Allgemeiner D e u t s c h e r A u tomobil - Club ) the German Automobile Club.

/payments

Conductor taps ACI Worldwide to orchestrate Latin American push

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Conductor, a leading Brazilian-based card processor, is spearheading its entrance into the Latin American acquiring market using ACI’s UP Retail Payments and UP Payments Risk Management solutions, which it will deploy in the public cloud powered by Microsoft Azure.

Mastercard brings Fintech Express to Europe

/startups

Mastercard brings Fintech Express to Europe

Mastercard has brought its Fintech Express programme to Europe, providing easy access to a customised set of rules, relevant resources and digital-first services to help startups add payments to their suite of products.

Which? calls on UK Government to prevent collapse of cash

/payments

Which? calls on UK Government to prevent collapse of cash

Consumer group Which? has called on the Government to protect the already fragile cash system from collapse as the UK's shift to a cashless society accelerates.

/payments

Rapyd launches in the UK

Rapyd, a global Fintech as a Service company, today announced the launch of a single, "full-stack," payment solution in the United Kingdom allowing businesses locally and globally to access every major local payment method — such as cash, bank transfers, ewallets, and cards — through one easy to integrate connection.

/crypto

Invictus Capital launches wallet to enable blockchain investment via credit cards

Invictus Capital, the alternative investment firm that offers dollar- denominated, blockchain-based investment funds, announces the launch of its secure Invictus Wallet.

/payments

YES Bank issues contactless travel bus cards

YES BANK in partnership with Chalo announced the launch of a co-branded contactless, YES BANK powered Chalo travel card in Mangalore and Udupi, enabling users to load money on the card to make ‘tap to pay’ payments across buses.

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