Confirmation of Payee (COP) has a key role in the instant payments infrastructure as a service that verifies account names prior to making a payment, the scheme ensures that funds are being transferred to the correct account.
Validata announces the extension of their long-standing global, technology partnership agreement with Temenos and has extended its integration with Temenos core banking to provide banks and Electronic Money Institutions (EMIs) with a next-generation, cost-effective solution for Cash and Nostro reconciliation including payments investigations and case management, intelligent matching and exception management.
O3 Capital (“O3”), a leading Nigerian fintech and the country's first non-bank credit card issuer, has announced an agreement with American Express to issue four new American Express credit cards: the O3 American Express Green Card for consumers, the O3 American Express Gold Card for consumers, and the O3 American Express Platinum® Card for consumers; and the O3 American Express Gold Business Card for small- and medium-sized enterprises (SMEs).
Wink Pay, a newly-launched digital payments brand in Lebanon, has collaborated with Visa, the world leader in digital payments, and Codebase Technologies to introduce the country's first fully-digital onboarding and instant card issuance proposition for Visa prepaid virtual cards.