In this competitive marketplace, for several businesses, accepting payments online provides some major benefits. Customers increasingly expect this facility and it can improve their cash flow significantly.
Buyers often use the internet for a rapid and reliable service; most sales are paid for with credit and debit cards. To accept cards online, business will have to make special arrangements and open a merchant account.
Accordingly to the latest surveys carried out by the major UK banks, during this recession period, customers are extremely worried about identity theft.
PSI-Pay’s state-of-the art security features a secure and reliable rules based system that brings maximum protection for your business, combining analysis of transactional and behavioural data to combat online fraud. In addition, PSI-Pay uses a host of third party data brokers to verify the identity of its account holders.
PSI-Pay employs an in-house team of qualified risk professionals and data analysts dedicated to identifying and investigating suspicious behaviour and financial transactions, with the objective of minimising exposure to fraud.
Illumy partners with PayCertify on fraud mitigation, payment processing
Today, illumy, a first-of-its-kind hyper-communications™ platform, announced a partnership with PayCertify, an innovative, global fintech marketplace and leader in card issuing and payment processing.
Moven wins contract with Japan’s Kyushu Financial Group
Nihon Unisys will start a joint project with Kyushu Financial Group (KFG) to adapt the U.S. neobankservice “Moven” for KFG’s smartphone app to be provided to the region’s customers centered on digital natives.
The Kalifa Review’s five-point plan to bolster UK Fintech
The long awaited Kalifa Review of UK Fintech has been released, outlining a comprehensive plan to support and bolster the sector’s significant presence across the globe. Led by Ron Kalifa OBE, the in-depth review was launched almost a year ago as a component of Rishi Sunak’s first budget.
NIH FCU selects Corelation core
Over the last few years, National Institutes of Health Federal Credit Union ($787 million assets; 42,749 members; Rockville, MD) has worked to adopt a more technology-forward approach to serving their vital field of membership: employees of the Nationa...
SIX e-invoicing platform eBill breaks 2 million customer barrier
eBill is the digital invoice for Switzerland.
Mode raises £6 million from private placing
LSE-listed fintech Mode has raised £6 million in fresh capital on an oversubscribed placement of 10,909,091 new ordinary shares at a price of £0.55p each.
Npower scraps mobile app after hackers breach customer accounts
Npower, one the UK's big six energy providers serving serving 3.6 million residential and business accounts, has shut down its mobile app after hackers accessed customers accounts, inluding partial bank details.
Banking Competition Remedies publishes progress updates from grant recipients
The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool A, B, C and D recipients, providing a summary of performance against their public commitments to the period 31st December 2020.