article thumbnail

Cashfree Payments Secures RBI’s Prepaid Payment Instrument (PPI) Licence

Fintech Finance

In July this year, Cashfree Payments became the first payment service provider to receive RBI’s Payment Aggregator-Cross border license for imports and exports. And, in December 2023, Cashfree Payments secured the RBI Payment Aggregator licen c e, becoming one of the first few entities to receive it.

article thumbnail

Future of Payment Security Takes Center Stage at PCI SSC Meeting in Hanoi

Fintech News

This event will gather payment security professionals from across the region to discuss developments in global payment security, industry trends, and standards. Registration for the PCI SSC Asia-Pacific Community Meeting is now open here for both in-person and virtual attendance.

article thumbnail

Payments Security Now Influences Travel Purchase Decisions, Finds New Outpayce Study

Fintech Finance

A new survey of 4,500 travelers across five markets commissioned by travel payments specialist Outpayce from Amadeus , reveals growing demand for robust payment security, with over 70% of travelers stating they would choose a travel company based on its strong reputation for secure commerce.

article thumbnail

Finseta Enhances Payment Security with Launch of Confirmation of Payee Service Powered by tell.money

Fintech Finance

Finseta , a leading international payments and foreign exchange (FX) business, has announced the launch of their new Confirmation of Payee (CoP) service powered by tell.money. This enhanced service is designed to upgrade payment security, reduce the risk of fraud, and ensure the accuracy of transactions.

Payee 98
article thumbnail

Simplifying PCI Compliance and Elevating Payment Security: IXOPAY Merges With Aperia Compliance

Fintech Finance

This strategic alliance unites two industry frontrunners, creating an integrated powerhouse committed to delivering secure, compliant, and scalable payment solutions like never before. Our customers are drawn to IXOPAY’s payment orchestration platform because it enables them to optimize, secure, and scale payment operations.

article thumbnail

The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

The dual impact of generative AI on payment security, highlighting its potential to enhance fraud detection while posing significant data privacy risks. It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. What is this article about?

Privacy 88
article thumbnail

Ecommerce Retailers Urged to Prioritise Payment Security or Lose Out This Black Friday

Fintech Finance

According to new research released today, almost half of UK consumers (48%) cite concerns about payment security as a key reason for abandoning their shopping at the online checkout. ” Mollie is on a mission to make payments and money management effortless for every business in the UK and Europe. .”