BayPay Members Blogs

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ForgeRock launches Sandbox-as-a-Service for PSD2 compliance

(The Paypers) US-based fintech ForgeRock has launched a cloud-based testing environment for APIs that enables banks to accelerate open banking and PSD2 compliance. Original link
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Romania's Banca Transilvania launches BT Open Banking platform

(The Paypers) Romania-based Banca Transilvania has launched an open banking platform that allows fintechs to test integration with bank services. Original link
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Arab Funds signs USD 300 mln financing agreement with Sudan

(The Paypers) The Sudan Finance Ministry has recently signed a USD 300 worth of loan deal with Arab Funds to support trade finance and the balance of payments. Original link
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MYPINPAD launches authenticator platform with AimBrain

(The Paypers) MYPINPAD has launched an authenticator platform with AimBrain to allow financial institutions to develop PSD2 compliant solutions in a secure sandbox environment. Original link
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Visa, Starbucks, Hardee's to accelerate the use of Apple Pay

(The Paypers) Visa has announced partnerships with Starbucks and Hardee’s to accelerate the use and adoption of Apple Pay in Saudi Arabia and the UAE. Original link
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InstaReM closes USD 41 mln Series C funding round

(The Paypers) InstaReM , a Singapore-based cross-border payments company, has closed its USD 41 million Series C funding round. Original link
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Rapyd launches hyper-local payments solution

(The Paypers) Rapyd has launched Rapyd Checkout, a hyper-local payments solution that allows merchants to accept multiple local payment types, including cash, bank transfers, local cards, and e-wallets. Original link
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Western Union, Thunes to expand payout capabilities to mobile wallets

(The Paypers) Western Union has signed an agreement with Thunes to enable Western Union customers to send funds directly to mobile wallets around the world. Original link
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Kevin Lee, Sift, on the latest trends in fighting loyalty fraud in travelling

(The Paypers) "Loyalty programmes create financial liability for companies, since so many travellers accumulate large unused balances" Original link
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Ben You Did It Again

$100 Ben, You Did It Again! One of my favorite American historical personalities is Ben Franklin, born 1706 and died 1790. Yes, Ben is known as a leader for liberty, a...
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EBA launches PSD2 register

The European Banking Authority has launched its central register under PSD2, providing information on thousands of payment and electronic money institutions as well as 150,000 agents. The free electronic register...
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IBM gets banks onboard for blockchain-based payment system

IBM's blockchain-based real-time global payments network has begun rollout, with several banks also committing to issue their own stable coins on the platform. First unveiled last year, IBM Blockchain World...
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Federal Reserve names members of fraud definitions working group

The Federal Reserve today announced the members of its Fraud Definitions Work Group, the latest initiative to advance the Federal Reserve's strategy for improving the U.S. payment system. Over...
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Fanbank integrates mobile, plastic cards and POS for full commerce automation

Today’s consumers expect options, convenience, the best price and a personalized experience every time, everywhere they shop. Small businesses, selling $3.2 trillion of in-person goods and services every year...
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Tappit opens base in Barcelona

tappit, the only truly global cashless solution specialist for sports, festivals and other global entertainment venues, is continuing an impressive 12 month period of European growth with the opening of...
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Apple Pay, Google Pay now enabled on Worldline payment terminals in Germany

(The Paypers) Worldline has announced it now supports mobile payment solutions Apple Pay and Google Pay on its payment terminals, allowing users to pay via smartphone or smartwatch. Original link
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Takeaways from Nike’s 2018


Sneak Peek: Nike's Retail Store of the Future Chock full of mobile technology and data-driven stock, take a first look at the retail technology in Nike's six-story, NYC “House of Innovation...
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Apple Pay and Google Pay now enabled on Worldline payment terminals in Germany

Worldline [Euronext: WLN], the European market leader for payment and transaction services, now supports the modern mobile payment solutions Apple Pay and Google Pay on its payment terminals which allows...
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FIS to buy Worldpay for $35 billion

FIS is to buy Worldpay for $35 billion, in a blockbuster deal which exemplifies the trend towards large scale consolidation in the payments processing space. As part of the deal,...
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Singtel extends mobile payments alliance to Japan

The Singtel Group’s VIA, Asia’s first cross-border mobile payment alliance, has expanded its footprint to Japan. NETSTARS, a Tokyo-based mobile payment technology company, will join VIA, adding its 100,000...
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