BayPay Members Blogs

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PayPal lets users instantly transfer funds to bank accounts

PayPal is rolling out an Instant Transfer feature in the US, allowing consumers, and soon businesses, to instantly move money that they receive via the service into their bank accounts....
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Jack Henry hits faster payments milestone

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The organization today announced that...
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Mastercard to buy Ethoca to reduce fraud in digital commerce

Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms...
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Introducing the new challenger bank model

Pat Patel, Global Content Director, Money20/20, speaks about how the role of incumbent challenger banks has evolved, whether European neobanks are a step ahead of those in Asia, what challenger...
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BNL's Axepta enables WeChat Pay in Italy

AXEPTA - BNL Group company dedicated to payments - is the first Italian player to launch the WeChat Pay payment service at its affiliated clients. AXEPTA has developed a...
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PayPal to invest $750m in Argentinian e-commerce giant MercadoLibre

PayPal has agreed to invest $750 million in MercadoLibre as part of a $1.85 billion equity offering designed to help the Argentinian e-commerce firm cement its position as the Amazon...
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Gresham remains in the red as contract delays hit results

Gresham Technologies plc (LSE: "GHT", "Gresham" or the "Group"), the leading software and services company that specialises in providing real-time data integrity and control solutions, announces its results for the...
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First Look: The Technology Behind Neiman Marcus’s New Retail Experience at New York’s Hudson Yards



Interactive dressing rooms in the store let shoppers communicate with an associate through interactive touchscreens. A live performance stage will offer concerts, panels, conversation series with influencers, designers and artists. A...
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Delivering on the Promise of Customer Experience


Uncover how microlearning can help retailers deliver excellent CX. Original link
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Choice International signs with ClearBank

Choice International, which provides specialised physical cash and payment card funds clearing, foreign exchange services and payment solutions to regulated non-banking financial institutions globally (NBFI’s), announces a strategic partnership with...
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Crummy CReM code Part IV, and ensuring validation of mandatory data at the beneficiary firm

This is the fourth blog out of eight in our series on the Contingent Reimbursement Model code (“CReM”) that purports to offer customers strong protection against certain types of Authorised Push...
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First Data to acquire Brazil's Software Express

First Data is to acquire Brazilian eftpos manufacturer and software application developer Software Express. Founded in 1986, Software Express serves 100,000 merchants in Brazil, processing over 11 billion transactions in...
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PayU to acquire Wibmo for USD 60 mln

(The Paypers) PayU has allegedly shared its plans to acquire online payments company Wibmo for USD 60 million, according to Economic Times India. Original link
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Dutch startup Finturi raises EUR 2 mln for invoice financing platform

(The Paypers) Netherlands-based fintech startup Finturi has announced raising EUR 2 million to connect businesses make invoice financing more secure with AI and blockchain tech. Original link
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The fifth largest bank in Thailand deploys facial recognition

(The Paypers) Bank of Ayudhya, commonly referred to as Krungsri, has introduced biometric facial recognition technology for verifying the identities of people as they open a deposit account. Original link
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NAB Ventures invests in salary-on-demand startup Earnd

NAB Ventures has joined a $2.5 million funding round in Earnd, a Sydney startup that allows employees to draw down their salary in installments. Earnd is targeting the 46% of...
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58 percent of businesses experienced an overall increase in fraud, IDology finds

(The Paypers) An IDology report has found that chronic data breaches lead to increased fraud threats, with 58% of businesses experiencing an overall increase in fraud. Original link
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Alternative Airlines, Klarna to enable payment alternatives for travellers across Europe

(The Paypers) Alternative Airlines , a UK-based flight search website, has teamed up with Klarna to allow customers an alternative way to pay for flights. Original link
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POS credit platform CreditDigital secures £2 million funding

A B2B lending platform has secured a £2 million investment from London-based VC fund Fuel Ventures. The new platform allows businesses the ability to spread the cost of their purchases...
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JollyChic, SAGIA to support ecommerce in Saudi Arabia

(The Paypers) JollyChic and SAGIA have signed a memorandum of understanding and a joint cooperation to streamline ecommerce in Saudi Arabia. Original link
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