Tag: Payments
Visa to acquire chargeback prevention company Verifi
Visa has signed a definitive agreement to acquire Verifi, a company reducing the number of chargebacks.
European Banking Authority offers clarifications on PSD2’s strong customer authentication
The European Banking Authority (EBA) has published an opinion on PSD2’s strong customer authentication (SCA), due to continued queries from market actors.
Visa’s advanced authorisation technology has prevented $25bn in annual fraud
Visa has revealed its advanced authorisation technology, which is powered by AI, has helped institutions prevent around $25bn in annual fraud, according to its latest analysis.
FCA outlines new rules for the buy now, pay later market
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers.
Allied Wallet settles $110m charge from the US Federal Trade Commission
Payment processor Allied Wallet has settled the $110m charge against the company which had been filed by the US’ Federal Trade Commission (FTC).
Sequent, TIS selected to provide unnamed Japanese bank with secure payments
Sequent, a digital ID platform, and payment processor TIS have been chosen by an unnamed Japanese ‘megabank’ to supply secure mobile payments.
Ordo partners with CGI to release payment solution with lower fraud...
Online payment company Ordo has partnered with business consultant CGI to improve transparency of transactions and increasing protections from fraud.
Europe could lose €57bn following SCA implementation – Stripe study claims
Europe is set to lose €57bn in economic activity in the first 12 months after Strong Customer Authentication SCA takes effect, a study from Stripe claims.
IDEX Biometrics partners with Tongxin Microelectronics to create biometric card
IDEX Biometrics fingerprint identification and authentication solution builder, is collaborating with Tongxin Microelectronics (TMC) to create a biometric card.
Over 50% of consumers fear using biometrics for online payments
More than half of consumers are worried about shifting to biometrics for authenticating online payments, a study from Paysafe claims.
