VoicePay for Contact Centers via WhatsApp
VoicePay, which can be white labeled, protects against fraud that can occur at those centers, especially insider fraud.
Area of Interest: Merchant Acquiring
OpenWay SaaS Platform for CaaS Providers
Operating from the cloud allows OpenWay and its customers to use Way4 to offer a dedicated SaaS, including those wanting to offer their clients a Cards-as-a-Service platform.
Intergiro Adds Embedded Finance Option for PSPs
Merchants can opt-in to receive settlement in near-real time or one day later depending on their liquidity needs. Business accounts support up to eight currencies.
ACI Adds Instant Pay for A2A Payments
Instant Pay is an account-to-account payment service that can be accessed via a single integration.
Global Network Card Brands US — 2022
Consumer and commercial credit, debit and prepaid cards issued in the US carrying the American Express, Discover, Mastercard and Visa brands generated $9.563 trillion in purchase volume in 2022, an increase of 13.0% over 2021.
Visa and Mastercard Cards in the US — 2022
Visa and Mastercard consumer and commercial credit, debit and prepaid cards issued in the US generated $8.272 trillion in purchase volume in 2022, up 12.0% from 2021.
New SE Asia Ecommerce Fraud Ring
Ecommerce sites in the US and Asia-Pacific lost an estimated $700 million in fraudulent sales to criminals in Southeast Asia during the fourth quarter of 2022. Operating mainly from Malaysia, Vietnam and Indonesia, the fraudsters targeted sellers of smartphones, computers and semiconductor chips.
CFPB Proposes Change to US Credit Card Late Fees
On February 1, the US Consumer Financial Protection Bureau (CFPB) proposed a rule to curb credit card late fees, saying that they represent more than 10% of all credit card finance charges and fees paid annually.
P97 Adds Visa Tokenization
Building the last mile connectivity that links consumers using mobile wallets, connected vehicles and voice-service devices to fuel pumps and electric vehicle (EV) chargers is the business of P97, a payment orchestration company. P97 maintains a network of more than 66,000 connections to point-of-sale systems at fuel retailers and EV charging stations, mainly in the US, but also in Canada, Europe, Saudi Arabia, Australia and New Zealand.
Palm Vein Biometrics from Ingenico and Fujitsu
Among biometric modalities used to authenticate payments in a merchant’s checkout lane, including fingerprints, facial scans and iris scans, palm vein identification has notable advantages. Not only is every person’s pattern of veins unique, but the existing technology available to read veins in the human palm is more accurate than with any of the other methods.