Can software development be the ultimate workout program for an eCommerce business? With new capabilities that allow companies to target or understand consumer behavior better than ever before, businesses of all shapes and sizes are looking to build up their software strength.
Chinese regulators are deploying ATM machines in Macau that require users to stare into a camera for six second to verify their identity and monitor transactions.
Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. In a press release, Currencycloud said the service — established with Hyundai Motor Group’s credit issuing arm in conjunction with Korea’s long-standing Shinhan Bank — allows users to wire their money overseas with fewer process steps and lower fees than similar services in the market. “With just a few touches on the mobile phone, people will be able to remit their money using their credit card account,” said Wookyung Chang, head of Hyundai Card’s digital strategy department. “This will open the new era of personalized digital financial services in Korea.”
Verifone and Sage recently announced a partnership to offer integrated point-of-sale (POS) and business accounting solutions on Verifone Carbon 8.
The U.K. is learning that it’s hip to be Square.California-based Square was founded in 2009 to enable small- and medium-sized businesses (SMBs) to accept credit and debit card payments. It launched in the U.K. in March 2017 and, in the ensuing 12 weeks, has teamed up with 16 partners there. Today, June 28, it adds Vend and TouchBistro to that list.
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced the launch of Alipay in South Africa, via leading regional payment service provider Peach Payments.
Global payments services company Western Union recently announced the launch of its enhanced WU GlobalPay for Students product. The offering will enable academic institutions to better reconcile, refund and track payments from international students.
GDAX, the digital currency exchange operated by Coinbase that saw the price of cryptocurrency Ethereum drop in a flash crash last week, is reimbursing customers.
Global card network Visa has officially announced as of yesterday (June 27) news that it will be investing an undisclosed amount in Klarna AB, the payments technology firm from Sweden.