As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial...
In today’s top Europe, Middle East and Africa (EMEA) news, U.K. online car retailer Cazoo acquires motor vehicle subscription platform Swipcar for $40 million; Mastercard’s Aiia powers a new platform in Denmark; JumiaPay app transactions reach 36% of total orders in the third quarter; NewDay...
Qatar’s largest private sector bank, Commercial Bank, has teamed with the General Tax Authority (GTA) to offer a direct payment service whereby funds from the taxpayer’s account are transmitted to the authority’s account to initiate the process of paying tax obligations, according to a Tuesday (Nov....
New York-based Signature Bank is rolling out a digital payments platform powered by blockchain that enables real-time payments for corporate customers. The financial institution announced on Tuesday (Dec. 4) the launch of its payments platform, Signet, to provide digital payment services for corporate customers. The...
March 06, 2023
As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research found that 36% of banking customers want their financial institutions (FIs) to provide more visible security measures for high-risk financial activities. Most of these consumers believe that additional visible security […]
July 12, 2023
Silicon Valley Bank’s collapse in March has prompted J.P. Morgan to tap into the resulting vacuum and grow its business of banking venture capitalists and startups. The largest U.S. bank has filled the niche by hiring dozens of bankers around the world, according to a statement this Tuesday. J.P. Morgan’s chief executive officer of commercial […]
November 16, 2021
Qatar’s largest private sector bank, Commercial Bank, has teamed with the General Tax Authority (GTA) to offer a direct payment service whereby funds from the taxpayer’s account are transmitted to the...