Visa Issues 10 Billionth Token, Generating $40 Billion in Incremental E-Commerce Globally

Visa has announced the issuance of its 10 billionth token, marking a significant milestone in its tokenization technology journey. Launched in 2014, the Visa Token Service (VTS) has generated over $40 billion in incremental e-commerce revenue and saved $650 million in fraud prevention over the past year. This achievement was highlighted at the Money20/20 conference in Amsterdam. Today’s milestone represents…

Ana Coteneanu By Ana Coteneanu

European Accessibility Act: Banks Required to Offer Accessible Services by June 2025

The European Accessibility Act mandates that by June 2025, banks must provide services and products accessible to individuals with visual, hearing, or mobility impairments. This legislation aims to ensure equal access to banking services for all EU citizens, enhancing inclusivity and independence. Key Requirements Banks will need to adapt their physical and digital infrastructures to meet these requirements. This includes…

Ana Coteneanu By Ana Coteneanu

Viva.com Powers Payments with BLIK, the Leading Polish Mobile Payments Method

Viva.com, Europe’s first acquirer to power payments on any device and online payment channel across 24 countries, has partnered with BLIK, the leading mobile payment system in Poland. This collaboration aims to expand the European commerce network, integrating BLIK into Viva.com’s omnichannel payments platform to provide exceptional support for merchants and an optimal customer experience. With over 16.3 million active…

Ana Coteneanu By Ana Coteneanu
Ad imageAd image

Visa Issues 10 Billionth Token, Generating $40 Billion in Incremental E-Commerce Globally

Visa has announced the issuance of its 10 billionth token, marking a significant milestone in its tokenization technology journey. Launched in 2014, the Visa Token Service (VTS) has generated over…

Ana Coteneanu By Ana Coteneanu

Viva.com Powers Payments with BLIK, the Leading Polish Mobile Payments Method

Viva.com, Europe’s first acquirer to power payments on any device and online payment channel across 24 countries, has partnered with BLIK, the leading mobile payment system in Poland. This collaboration…

Ana Coteneanu By Ana Coteneanu

Fintech’s Main CEE Event is Around the Corner: Don’t Miss Out Being Part of UNCHAIN 2024

Finance professionals, this is your last chance to take part in the most anticipated event of the summer. Already at its 3rd edition, UNCHAIN Fintech Festival (unchainfestival.com ) is a…

Ionela Lazar By Ionela Lazar

Marqeta Announces Expansion in Poland

Global modern card issuing platform Marqeta has announced its expansion into the European market with a new office in Warsaw, Poland. This move aims to support Marqeta's long-term business development…

Ana Coteneanu By Ana Coteneanu

European Accessibility Act: Banks Required to Offer Accessible Services by June 2025

The European Accessibility Act mandates that by June 2025, banks must provide services and products accessible to individuals with visual, hearing, or mobility impairments. This legislation aims to ensure equal…

Ana Coteneanu By Ana Coteneanu

Omnicredit Partners with Flanco Smart Discounter to Launch Embedded Finance Product

Omnicredit, a fintech microfinance platform, has partnered with Flanco Smart Discounter to introduce an Embedded Finance product in Romania. This collaboration aims to support startups and SMEs by providing them…

Ana Coteneanu By Ana Coteneanu

Papara Expands in the Middle East With the Acquisition of SadaPay

Turkey-based fintech company Papara has acquired SadaPay, marking its expansion into South Asia. This follows Papara's recent European growth through acquiring the Spanish fintech Rebellion in 2023. SadaPay, one of…

Ana Coteneanu By Ana Coteneanu

SWIFT and Global Banks Launch AI Pilots to Combat Cross-Border Payments Fraud

SWIFT, along with global banks, announced it has initiated two AI-based pilot programs aimed at enhancing fraud detection in cross-border payments. These pilots utilize advanced AI technology to improve the…

Ana Coteneanu By Ana Coteneanu

Worldline Signs Agreement with Banque Raiffeisen On Instant Payment Processing

Worldline, a global payment services provider, has entered an agreement with Banque Raiffeisen to leverage its cloud-based instant payments solution in Luxembourg. This makes Banque Raiffeisen one of the first…

Ana Coteneanu By Ana Coteneanu

BBVA Enhances AI Initiatives with OpenAI Agreement

BBVA announced it signed a strategic agreement with OpenAI, becoming the first European bank to do so. This collaboration aims to leverage AI for over 100 use cases throughout 2024.…

Ana Coteneanu By Ana Coteneanu