BayPay Members Blogs

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InstaReM closes USD 41 mln Series C funding round

(The Paypers) InstaReM , a Singapore-based cross-border payments company, has closed its USD 41 million Series C funding round. Original link
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Rapyd launches hyper-local payments solution

(The Paypers) Rapyd has launched Rapyd Checkout, a hyper-local payments solution that allows merchants to accept multiple local payment types, including cash, bank transfers, local cards, and e-wallets. Original link
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Western Union, Thunes to expand payout capabilities to mobile wallets

(The Paypers) Western Union has signed an agreement with Thunes to enable Western Union customers to send funds directly to mobile wallets around the world. Original link
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Kevin Lee, Sift, on the latest trends in fighting loyalty fraud in travelling

(The Paypers) "Loyalty programmes create financial liability for companies, since so many travellers accumulate large unused balances" Original link
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Ben You Did It Again

$100 Ben, You Did It Again! One of my favorite American historical personalities is Ben Franklin, born 1706 and died 1790. Yes, Ben is known as a leader for liberty, a...
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EBA launches PSD2 register

The European Banking Authority has launched its central register under PSD2, providing information on thousands of payment and electronic money institutions as well as 150,000 agents. The free electronic register...
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IBM gets banks onboard for blockchain-based payment system

IBM's blockchain-based real-time global payments network has begun rollout, with several banks also committing to issue their own stable coins on the platform. First unveiled last year, IBM Blockchain World...
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Federal Reserve names members of fraud definitions working group

The Federal Reserve today announced the members of its Fraud Definitions Work Group, the latest initiative to advance the Federal Reserve's strategy for improving the U.S. payment system. Over...
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Fanbank integrates mobile, plastic cards and POS for full commerce automation

Today’s consumers expect options, convenience, the best price and a personalized experience every time, everywhere they shop. Small businesses, selling $3.2 trillion of in-person goods and services every year...
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Tappit opens base in Barcelona

tappit, the only truly global cashless solution specialist for sports, festivals and other global entertainment venues, is continuing an impressive 12 month period of European growth with the opening of...
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Apple Pay, Google Pay now enabled on Worldline payment terminals in Germany

(The Paypers) Worldline has announced it now supports mobile payment solutions Apple Pay and Google Pay on its payment terminals, allowing users to pay via smartphone or smartwatch. Original link
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Takeaways from Nike’s 2018


Sneak Peek: Nike's Retail Store of the Future Chock full of mobile technology and data-driven stock, take a first look at the retail technology in Nike's six-story, NYC “House of Innovation...
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Shopko Fails to Find Buyer, Forced to Liquidate


The Midwest department store chain is the latest to wave the white flag as the retail herd continues to thin. Hear the latest on the retailer’s plan to liquidate. Original link
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One-Million-Square-Foot Retail Center Opens at Hudson Yards


The long-awaited next-gen shopping center has opened its doors in New York City. Check out this first look at the massive transformative retail epicenter. Original link
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Microservices and Cloud 2.0: What You Need to Know



"Benefits of microservices architecture are modularity for easy-on and easy-off capability, fast development and testing, flexible scalability, continuous delivery of updates, and decentralizing or decoupling of complex applications into smaller units...
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SAS Investing $1 Billion in Artificial Intelligence


The massive commitment advances the company’s foundation in advanced analytics, machine learning, deep learning, natural language processing, and computer vision. Find out what this AI investment means for SAS and its...
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Kirkland’s Roadmap to Success Following “Challenging Year”


CEO Woody Woodward discusses the retailer’s technology investment plans to improve its merchandising and operations and capitalize on accelerated digital growth. See what the retailer has in store to rebound in...
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Apple Pay and Google Pay now enabled on Worldline payment terminals in Germany

Worldline [Euronext: WLN], the European market leader for payment and transaction services, now supports the modern mobile payment solutions Apple Pay and Google Pay on its payment terminals which allows...
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FIS to buy Worldpay for $35 billion

FIS is to buy Worldpay for $35 billion, in a blockbuster deal which exemplifies the trend towards large scale consolidation in the payments processing space. As part of the deal,...
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Singtel extends mobile payments alliance to Japan

The Singtel Group’s VIA, Asia’s first cross-border mobile payment alliance, has expanded its footprint to Japan. NETSTARS, a Tokyo-based mobile payment technology company, will join VIA, adding its 100,000...
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