Finextra

JUNE 8, 2024

In this digital world, where new advancements constantly unfold, we find ourselves more interconnect.

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The Fintech Times

JUNE 8, 2024

Payments giant Mastercard has integrated Deposit Switch and Bill Pay Switch into its open banking platform, in a move that enables consumers to automatically switch their direct deposits and update their recurring bill payments, when opening a digital account or when updating information on an existing account. The new Mastercard open banking solutions are delivered in partnership with Atomic , a payroll and merchant connectivity solution provider, as well as a member of Mastercard’s Start Path

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Visa Payroll Direct Deposit Credential 69

The Fintech Times

JUNE 8, 2024

African payments network, Onafriq , has joined forces with VGS , the payment tokenisation firm, to improve security for fintechs across the Middle East and Africa (MEA). As part of the partnership, Onafriq will implement the VGS card reveal capability for its new ‘Credential Show’ feature, which is where both organisations will securely collect and store Primary Account Number (PAN) data and display a complete card number, expiration date, and CVV to end-users when requested.

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Security FinTech Credential Interoperability 64

The Fintech Times

JUNE 8, 2024

Moneyhub , the UK-based data and payments platform, has launched its new account verification service, powered by open banking, to enable better payment security utilising bank-level security controls (including PSD2 SCA) and biometrics. Moneyhub Account Verification leverages Moneyhub’s AIS API to enhance the security and integrity of online financial transactions.

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Verification Accounts Payment APIs and Integration Online and Mobile Banking 59

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

AI