Alessa chosen by payments firm Vitesse to bolster transaction security
International payments provider Vitesse has picked Alessa by Tier1 Financial Solutions to help enable secure real-time global payment transactions.
CSI eyes bolstered instant payments adoption through pilot program
Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Stripe eyes bolstered internet firm tax compliance through TaxJar purchase
Payments giant Stripe has entered into an agreement to purchase sales tax software enterprise TaxJar to improve tax compliance rates for internet firms.
Ecommerce fraud losses of $20bn expected in 2021, China to be key fraud market
A new study by Juniper Research has highlighted it expects over $20bn in ecommerce losses this year due to online payment fraud – a rise of 18% compared to 2020.
NatWest to block cryptocurrency payments following earlier FCA warning
UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.
Saudi Payments teams with IBM, Mastercard to launch instant payment system
Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.
UK Chancellor examines case for new ‘Britcoin’ digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential ‘Britcoin’ or central-bank-backed digital currency.
US Justice Department investigates Visa over debit card practices
Visa is in legal hot water as it faces a regulatory investigation by the US Department of Justice (DOJ) over concerns of whether it is using anticompetitive practices in the debit card market.
What’s next for Sweden’s FinTech ecosystem?
After years of record growth and it briefly being home to Europe's most valuable FinTech, how will Sweden's emerging FinTech ecosystem come out of the Covid-19 pandemic?
