BayPay Members Blogs

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UK Treasury moves to stimulate the next wave of fintech innovation

The UK Treasury is to conduct a long-term review of the UK's payments landscape and regulatory framework in order to lay the ground work for a new wave of fintech...
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PwC unveils audit solution for cryptocurrency

(The Paypers) PwC has announced an addition to their existing ‘Halo’ suite of auditing tools, to provide assurance services for entities engaging in cryptocurrency transactions. Original link
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Senate panel calls over Facebook's Libra digital currency project

(The Paypers) On 16 July 2019, Facebook’s plans to create a global cryptocurrency have faced scrutiny from the US Senate Banking Committee . Original link
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Equifax, GIACT Systems announce alliance to combat fraud

(The Paypers) GIACT Systems and Equifax have announced a strategic alliance to help customers confront the challenges of identity verification and fraud prevention. Original link
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Kount, Engage People to protect customer loyalty programs

(The Paypers) Digital fraud prevention provider Kount and global loyalty platform Engage People have partnered to protect customer loyalty programs from fraud. Original link
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Rappi partners with Visa to offer prepaid cards in Brazil

(The Paypers) Colombia-based startup Rappi has announced a partnership with Visa to offer a prepaid card linked to its digital wallet in Brazil, expanding the product’s roll out. Original link
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Westfield Bank slects nCino for advance digital capabilities

(The Paypers) Westfield Bank has selected nCino `s Bank Operating System to automate its banking processes, and provide customers with a seamless end-to-end experience. Original link
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NAB, AusPost to form anti-fraud joint venture

(The Paypers) National Australia Bank and Australia Post have planned to form a joint venture to shield online merchants and shoppers from the threat of identity fraud. Original link
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Carney positive on Facebook's Libra; says BofE could open up balance sheet to new players

Facebook's new digital currency, Libra, could "substantially improve financial inclusion and dramatically lower the costs of domestic and cross border payments," Bank of England governor Mark Carney has said in...
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Sponsor's message: Register for our latest webinar: The Road to PSD2 is paved with AI

WHEN 11 July 2019 at 15:00 UK time WHERE Online Webinar Register now Register for our latest webinar with NICE Actimize on 11 July 2019 at...
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11 Reasons Why Your Business Needs To Make The Switch To Prepaid

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Celero Commerce buys Elmhurst and Tandem

Celero Commerce (“Celero”), a vertically-focused commerce solutions provider, announced the acquisitions of Elmhurst Financial Services (“Elmhurst”), the leading financial institution-focused payment processing provider, and Tandem Innovative Payment Solutions (“Tandem”), a...
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Allied Payment Network introduces real-time digital bill pay tech

Allied Payment Network, the industry’s most progressive provider of online and mobile bill payment services to banks and credit unions, introduced first-of-its-kind, real-time digital bill payment technology at Finastra’s FusionONE...
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PayByPhone links up to Amazon Echo Auto

PayByPhone, a leading global provider of mobile parking payment solutions, today announced availability of PayByPhone services through Amazon Echo Auto. Echo Auto connects to Alexa using a mobile device and...
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Coinhouse integrates Ledger Vault cryptocurrncy wallet management system

Coinhouse​, the leading European platform that provides retail and institutional investors with a turnkey solution to buy and sell digital assets, announces it has integrated Ledger Vault’s multi-authorization cryptocurrency wallet...
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Student Loans Company partners Flywire to give overseas customers more payment options

Student Loans Company (SLC) has partnered with Flywire to provide additional repayment options for customers living overseas. The new service went live at the start of June and since launch,...
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ABN Amro unit Moneyou turns to Konsentus for TPP identity checks

Konsentus today announced that the innovative online bank Moneyou, a subsidiary of ABN AMRO, with over 500,000 customers in the Netherlands, Germany, Belgium and Austria, has selected Konsentus to support...
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Banks falling behind in digital transformation efforts

Despite investing more than $1trn globally in new technology over the last three years, the majority of banks have yet to see any financial boost from their digital transformation programmes....
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NAB pledges $1.4bn funding for Aussie tech sector

National Australia Bank (NAB) is to commit AUS$2bn ($1.38bn) to support Australia's technology sector. The capital will be focused on  "tech innovators" and startups, providing them with loans and access...
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How the fintech revolution can come from outside a post-Brexit UK – interview with GlobalNetInt

(The Paypers) Liudvikas Kulikauskas, CEO of Globalnetint, UAB, shares how an electronic money institution can thrive in the post-Brexit fintech climate, perspectives on alternatives, and expansion plans Original link
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