BankTech

China Gets its First Online-Only Bank #Tencent

China has witnessed the launch of its first online-only bank, hinting at the government’s faith in privately owned lenders that can expand access to finance, especially for small-scale borrowers. WeBank, a joint venture led by Tencent, is the first private bank to start operations under the pilot program. The banking...

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RegTech

Centili brings Trusted WEB, WAP Flows to Vodafone Spain

Vodafone Spain has adopted payments technology from Centili in order to facilitate customer payments for third-party services. Centili has developed a trusted payments flow for Vodafone Spain which improves conversion rates and transfers payment processing from the operator’s side to the merchant. With Centili, merchants can also add a fully-automated...

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Authentication & Security

Amazing Moments in Biometrics based Payments Authentication in 2014

According to Biometrics Research Group, mobile commerce adoption will accelerate due to impending wide-scale integration of biometric technology into smartphone. It’s only after Apple brought its fingerprint tech in iPhones that biometrics got attention again. Here are some interesting scenarios witnessed in biometric payments and authentication in 2014: Apple’s Touch...

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BankTech

3 Advisory Firms Talk about 2015 Outlook

We compiled predictions and outlook in payments and commerce from 3 leading advisory and research firms working in this sector: Mercator Richard Hall, Director of Commercial and Enterprise Payments Advisory Service, cited: As corporates seek more efficiency through actionable transaction data, players need to focus on execution to deliver solutions...

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