Cards & Payments
Equifax Looks for 2020 to be a Banner Year for Biometrics in Mobile Payments
Remember when Equifax got hit with a data breach, and access to just over 147 million customer records got out? With a point like that on the books, it’s no surprise that the company behind it is eagerly looking...
Banking
Desjardins signs multi-year contract with AI fintech Exagens
Desjardins Group, the largest federation of credit unions in North America, has furthered its partnership with Montreal-based behavioral banking start-up Exagens by signing a “multi-year” contract to use its technology for its banking assistant.
The multi-year contract will see the...
Banking
SBI launches virtual card for online payments
State Bank of India (SBI) is offering a virtual card to be used for e-commerce transactions. The new offering will be a limit debit card that can be used for online shopping at merchant websites accepting Visa cards.
The card...
Cards & Payments
Tencent and UnionPay integrate QR code systems
Tencent and state-owned China UnionPay are integrating their QR code systems for mobile payments, according to local media reports.
The move will let Tencent WeChat Pay and UnionPay Quickpass users transfer and spend money using the same QR codes....
Asia Pacific
Tonik to launch first digital-only bank in the Philippines
Neo-banking startup Tonik is to open a digital-only bank in the Philippines after securing a banking licence from the country's central bank.
Seeded and built by fintech venture builder Forum, Tonik intends to launch in the coming months with an...
Cards & Payments
Fingerprints Software Platform for Payments and T-Shape sensor module pass by Bank Card Test Center in China
Fingerprint Cards AB’s software platform for payments, FPC-BEP, and the FPC T-Shape sensor module have passed the accuracy and security test performed by Bank Card Test Center (BCTC). BCTC is an independent third-party test service provider based in China...
Asia Pacific
Another consortium joins race for Singapore digital bank licence
Another consortium has joined the bid for a digital bank licence in Singapore, with plans to target small and mid-sized businesses (SMBs) and offer consumers modular services, such as "micro-coverage" insurance. The group comprises several major brands including lifestyle,...
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