BayPay Members Blogs

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Mastercard, Nordic bank consortium in partnership to allow real-time and batch payments

Mastercard, Nordic bank consortium in partnership to allow real-time and batch payments
June 25, 2019 Javier Perez, president Europe at Mastercard, Claus Richter and Lars Sjogren, COO and CEO of P27 Mastercard and P27 Nordic Payments Platform AB, which is owned by the...
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Visa to acquire tokenization and ticketing business from Rambus

June 25, 2019 Visa announced an agreement to buy the tokenization and ticketing business, formerly known as Bell ID and Ecebs LTD, from Rambus, according to a release.  The acquisition, when...
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Citi, Mastercard to roll out real-time rewards redemption for shopping, dining


June 25, 2019 Citigroup Inc. announced a new rewards feature with Mastercard to allow Citi ThankYou cardmembers to get real-time alerts and redeem their points on a variety of purchases at...
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The role of mobile smartphones in identity verification

The role of mobile smartphones in identity verification
June 25, 2019 By Christina Luttrell, senior vice president of product and client solutions at IDology The vast majority of consumers own a mobile device of some kind. The share of Americans...
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Challenger bank Monzo raises $144 million led by Y Combinator Continuity and Latitude

June 25, 2019 Monzo, a U.K.-based challenger bank, said it raised $144 million (113 million British Pounds) in funding, led by Y Combinator Continuity and Latitude, according to a new blogpost...
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Tijuana Flats taps DoorDash for delivery expansion

June 25, 2019 Tijuana Flats is partnering with DoorDash to expand delivery options and celebrate the partnership with free delivery fees on orders of $15 or more through June 30. The Tex-Mex fast...
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Moneygram launches flat rate money transfers at Canada Post locations

June 25, 2019 Moneygram International Inc. announced an agreement with Canada Post to offer flat fees for both domestic and international funds transfers from that country. Dallas-based Moneygram said the new...
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Ocrolus raises $24 million in Series B funds to expand automation platform

Ocrolus raises $24 million in Series B funds to expand automation platform
June 24, 2019 Image courtesy of Ocrolus. Ocrolus, a New York-based automation platform that helps lenders analyze financial documents, said it raised $24 million in Series B funding led by Oak...
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Haiti mulls blockchain-based digital currency pilot with Bitt to promote financial inclusion

June 24, 2019 Bitt Inc., a Barbados-based fintech, said that the Bank of the Republic of Haiti is considering a pilot program to test a blockchain-based digital currency.  Bitt officials said...
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Crypto venture Liquid USA announces senior leadership team ahead of 2020 launch

June 24, 2019 Liquid Financial USA, a joint venture between cryptocurrency exchange Liquid Group Inc. and venture capital firm Virtual Currency Partners LP, has announced the new executive team that will...
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Blend raises $130 million in Series E funds to expand staff, lending product lines

June 24, 2019 Blend, a digital lending platform, said it raised $130 million in Series E funding, led by Temasek and General Atlantic. Existing investors 8VC, Founders Fund, Greylock Partners and...
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Visa, Razer to partner on prepaid payment integration in Southeast Asia

June 24, 2019 Visa Inc. entered an agreement with Razer to create a partnership between the gaming firm's financial technology arm, called Razer Fintech, with Visa's fintech fast track program, to...
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US Bank, Inworks team on automating health care payments

June 24, 2019 U.S. Bank entered an agreement with Inworks, a firm that specializes in accounts payable automation, in an effort to help streamline health care payments between insurance companies, doctors,...
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Bitcoin hits $11K

June 24, 2019 Bitcoin's value is on a kick recently, as it soared above $11,000 this morning, a 15-month high for the cryptocurrency, according to a report by CNBC. The cryptocurrency's value...
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Wirecard launches pilot of integrated payment, banking app called boon Planet


June 24, 2019 German payments firm Wirecard AG announced that it will launch an integrated mobile app called boon Planet, which combines digital payments and banking, with plans to add additional...
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Americans Eager to Adopt 'Tap and Go' Payment Solutions Over Cash as Cashless Systems Evolve I Cash I Wearables I Smartwatch I Contactless

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European regulator offers limited extension on PSD2 secure payment deadline

June 21, 2019 The European Banking Authority said it has agreed to a limited extension on the Sept. 14th deadline for compliance with Strong Customer Authentication under the PSD2 Payment Service...
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Canada's Desjardins says personal data of 2.9 million credit union members illegally leaked

June 21, 2019 Desjardins, a Canadian federation of credit unions, said a police investigation has uncovered that data belonging to almost 2.9 million personal and business members, was breached by a rogue...
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Latin American payments market becomes an emerging target for development

While much of the ecommerce and banking world's attention has been on the rise of  cross-border and mobile payment in Asia and faster payments in Europe, a new picture is coming...
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FSS New Trends in Prepaid Cards

Already registered? Login Now * CountryUnited StatesAfghanistanÅland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBruneiBulgariaBurkina FasoBurundiCabo VerdeCambodiaCameroonCanadaCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo (the Democratic...
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