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New tokenization payment rail enabling banks to monetize PSD2 compliance
Token, a new payment network and API ecosystem enabling banks to quickly transform the PSD2 compliance threat into a revenue generating opportunity, has launched. Based on proprietary and patent-pending ‘programmable tokenization’ technology, Token has created a digital payment network designed to empower banks to market leadership in digital transactions. The Token platform leverages each bank’s [...]
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ACI enables PSPs and challenger banks to access UK Faster Payments
ACI Worldwide has announced a collaboration opening up access to the Faster Payments Scheme in the UK for a significant number of financial institutions, including challenger banks and payment service providers (PSPs). Historically, access to the Faster Payments Scheme for challenger banks and PSPs was restrictive, often not real-time and typically expensive. ACI’s relationship with Raphaels [...]
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Visa signs 40 financial institutions to Visa Digital Commerce App
Visa Inc. has introduced the Visa Digital Commerce App, an issuer-branded mobile commerce solution that enables financial institutions to offer their own mobile app to customers with valuable card management services... more
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Visa signs 40 financial institutions to Visa Digital Commerce App
Visa Inc. has introduced the Visa Digital Commerce App, an issuer-branded mobile commerce solution that enables financial institutions to offer their own mobile app to customers with valuable card management services – ultimately expanding and strengthening their Visa credit, debit and prepaid card offerings. Through the mobile app, issuers can offer services such as real-time account [...]
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SIA partners with Raphaels Bank
SIA announced a partnership with Raphaels Bank to develop and launch payment solutions in SEPA . As part of the agreement, Raphaels and SIA will offer SEPA payments services to clients through the bank’s “indirect participation” in the SEPA Credit Transfer and SEPA Direct Debit schemes. SIA says the alliance will allow both UK and European businesses [...]
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