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Latest Results from /payments

/payments

New Zealand banks apply UK tech and experience for roll out of Confirmation of Payee

Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.

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Mastercard to pilot enhanced ID verification service in Europe

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

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Revolut doubles down on B2B with launch of POS Terminal for larger businesses

Revolut is rolling out a POS terminal device for larger businesses in the UK and Ireland in advance of Black Friday and the busy festive shopping season.

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Citi Token Services for Cash goes live

Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.

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Banked buys Australian A2A payments outfit Waave

London-based account-to-account payments provider Banked has gained a foothold in the Australian market through the acquisition of local player Waave. Financial terms were not disclosed.

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Citi and Mastercard team on cross-border debit card payments

Citi is working with Mastercard to enable clients to make real-time cross-border payments to debit cards.

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Revolut to offer American Express as new payment method for business customers

Revolut is to provide business merchants in the UK with the ability to accept American Express cards, unlocking access to higher spending, premium customers and supporting further growth of the card scheme's network in the UK.

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Pockit to buy Monese

Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.

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MoneyGram says hackers stole customer data

MoneyGram has confirmed that the cyberattack that knocked out its service for several days last month saw crooks steal customer data, including bank account numbers.

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NextGen: AI: AI adoption is thriving in the financial sector

According to Lloyds, two out of three financial institutions are already investing in AI. Discover why at Finextra’s inaugural NextGen: AI event this November.

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Worldline moves into embedded payments market

Worldline is moving into embedded payments via a partnership with Online Payment Platform (OPP), a provider of payment technology for platforms and marketplaces.

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Mastercard targets real-time card payments in South Africa

South Africa is set to become the first country to benefit from Mastercard's push to introduce real-time card payments.