BayPay Members Blogs

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EBAday 2019: Is cashless across Europe attainable?

The message is clear at EBAday 2019: Sweden does not accept cash. While the ABBA Museum may prefer card or mobile payments, Frantz Teissedre, head of interbank relationships at Société...
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Meetic Group to launch 3-D Secure 2.0 with Adyen's help

(The Paypers) Meetic Group has revealed that the first transactions authenticated by the 3-D Secure 2.0 protocol are currently being tested, with the help of the payment platform Adyen . Original...
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Payment Alliance International acquires ISA-Ecash

Payment Alliance International (PAI), a leader in ATM portfolio management products and services, announced today that it has acquired Massachusetts-based ATM operator ISA-Ecash.  he acquisition adds 40 plus financial...
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Startup Tally raises USD 50 mln for financial service automation

(The Paypers) US-based financial technology startup Tally has raised USD 50 million in new venture capital funding to automate the financial services of consumers at low cost. Original link
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Tencent leads USD 160 mln funding in ecommerce platform Zhenkunhang

(The Paypers) Tencent has lead a USD 160 million in Series D financing round in China-based industrial ecommerce platform Zhenkunhang . Original link
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Bottomline, Starling team up to provide real-time payments

(The Paypers) Provider of financial technology for business payments, Bottomline Technologies , has revealed the launch of its Real Time Payments Express Service in partnership with Starling Bank . Original link
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Reserve Bank of India fines HDFC Bank for KYC norms violation

(The Paypers) Reserve Bank of India has revealed it fined the private sector lender HDFC Bank INR 1 crore for not reporting frauds and non-compliance with other directions. Original link
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Bank ABC, Jumio team up for biometric-based digital KYC functionality

(The Paypers) AI-powered trusted identity as a service provider Jumio has partnered with the MENA region’s international bank Bank ABC , in order to facilitate digital onboarding. Original link
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Zwipe, Infineon focus on tap and go payments for biometric cards

(The Paypers) Zwipe and Infineon have announced they extended their partnership with a long-term non-exclusive cooperative agreement. Original link
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Live: EBAday 2019, day two


Payments professionals from across Europe are gathering in Stockholm this week for EBAday 2019, hosted by the Euro Banking Association and Finextra. We're liveblogging events here. 15.45 As the moderators...
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Micro Payments - A revolution in the payments landscape

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Joris Lochy
Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre . ...
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EBAday 2019: What’s more likely, JPMorganEats or UberPay?

Are Instant Payments and Open Banking a match made in heaven? The resounding answer was yes at an EBAday 2019 session on the current status of real-time payments and open...
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UK fintech salaries on the rise - report

Jobs in the UK's fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to...
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Token secures $16.5m funding for open banking

Token, the turnkey open banking platform, today announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas - one of...
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Berkshire Bank contracts Finastra for real-time payments

Berkshire Bank of Massachusetts is upgrading its payments technology to Finastra’s flagship payments solution, Fusion Global PAYplus, in order to be among the first regional banks in the Northeast to...
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India to review payments data storage rule

The Indian central bank has been persuaded to reconsider a controversial law that mandates payments data should not be allowed to leave India's borders. The rule, which was imposed last...
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How AI is Impacting the Brick and Mortar Customer Experience


Savvy retailers investing in transforming ordinary trips to the store into awe-inspiring, memorable experiences. With that in mind, here are practical ways in which retailers can use artificial intelligence to improve...
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RIS Exclusive: Albertsons’ Talks About Its New Checkout Experience


“We want shoppers to spend more time shopping and discovering new products than standing in line at checkout,” Rucha Nanavati, GVP of Information Technology for Albertsons Cos. tells RIS. Original link
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Neiman Marcus Goes Live With Alipay


By offering the new payment method Neiman Marcus is providing another convenient payment option for tech-savvy shoppers. As an added bonus 60% of retailers enjoy growth in both foot traffic and...
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