Worldpay and Capital One have initiated a significant collaboration aimed at optimizing payment fraud decision making and enhancing payment security through data sharing. The partnership integrates data from Capital One’s cards directly into Worldpay’s FraudSight system. This integration is expected to reduce false positive declines by 40% and improve the detection of actual fraud. With an increasing volume of e-commerce
The global wealth management landscape has undergone significant changes in the wake of the COVID-19 pandemic. High-net-worth individuals (HNWIs) are now navigating a world marked by market volatility, political uncertainties, and evolving economic conditions. To adapt, they are adopting new approaches that focus on sustainable investments, digital assets, tax efficiency, diversification, and philanthropy. These strategies aim to ensure long-term stability
FusionIQ recently introduced FIQ Wallet, a cutting-edge digital wealth management platform designed specifically for digital wallet providers. This revolutionary solution seamlessly integrates payment functionalities with advanced wealth management services, providing users the ability to invest and grow their earnings without leaving their digital wallet environment. Building upon FusionIQ’s robust portfolio of digital solutions, FIQ Wallet aims to bring both convenience
In the ever-evolving financial services landscape, PayToMe.co has emerged as a promising FinTech platform dedicated to simplifying global payments and cross-border transactions for small and medium-sized businesses (SMBs). The company recently celebrated a significant milestone by successfully completing its seed funding round, led by Startupbootcamp and ACH Australia Investments Pty Ltd. The infusion of capital aims to position PayToMe.co as
In a significant leap forward for Tanzania’s digital economy, NMB Bank Plc has teamed up with Mastercard to introduce the nation’s first QR Pay by Link (QR PBL) payment solution. This groundbreaking technology allows businesses to accept payments through QR codes or secure links, streamlining transactions and making them more accessible. Particularly for small and medium-sized enterprises (SMEs), this innovation
The recent partnership between GETTRX, a comprehensive white-label payment platform, and Aevi, a leader in in-person payment orchestration, signifies a significant shift in the payment industry. By leveraging Aevi’s cloud-based global payment orchestration platform, GETTRX aims to enrich its offerings, seamlessly integrating both in-store and online transactions into a single, unified solution. As a result, this partnership is poised to
Citi Retail Services is making significant strides in the digital payments landscape through its innovative Citi Pay platform. The platform’s rapid growth and acceptance can be attributed to its customer-centric approach, listening to consumer and partner feedback, and incorporating these insights into their product development strategy. The Essence of Customer-Centric Innovation Listening to Stakeholders Terry O’Neil, head of connected commerce
Wealthtime, an adviser-focused platform, has announced a strategic partnership with Wipro, a global leader in technology services and consulting, along with its long-term technology partner GBST. This collaboration is aimed at developing a digital-first platform coupled with a customer-centric service model, designed to support Wealthtime’s long-term growth ambitions. The initiative includes integrating the Wealthtime and Wealthtime Classic platforms into a
Mastercard has partnered with some of the top FinTech players, including Global Payments, Skipify, and Splitit, to enhance its US Installments Program significantly. This initiative is designed to provide greater flexibility for consumers at the checkout stage, addressing the increasingly evident demand for versatile payment solutions. The program has now been made available across all eligible digital points of sale,
Mastercard is enhancing its US Installments program to add more payment flexibility at checkout, addressing the growing consumer demand for such options. This program, facilitated through Mastercard Installment Payment Services, now enables various ecosystem players—including merchants, financial service providers, payment processors, and digital wallets—to offer installment payment plans to consumers via any eligible credit card from participating issuers. This approach
The rapidly growing trend of mobile payment solutions is revolutionizing the way businesses and consumers interact financially, offering unprecedented flexibility, cost-efficiency, and enhanced experiences. Businesses, particularly small and medium-sized entities, are witnessing immense benefits as they transition from traditional, cumbersome point-of-sale systems to modern, agile mobile payment technologies. Julie Malikayil, Senior Manager of Payments Products at Discover® Global Network, provides
The collaboration between Sharegain and DriveWealth marks a significant milestone in the FinTech world. These two leading financial technology companies are coming together with a shared vision to expand and optimize opportunities within the global securities lending market. Their partnership not only aims to streamline financial services but also to ensure adherence to strict regulatory standards. As each company brings
