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Careem Pay launches international remittance to the UK - Vimarsana News

Careem Pay launches international remittance to the UK

Customers can transfer up to Dh45k in single transaction, up to Dh135k monthly

57% of FIs That See Increased Fraud Reject Open Banking - Vimarsana News

57% of FIs That See Increased Fraud Reject Open Banking

While 35% of financial institution executives believe open banking benefits outweigh its risks, fraud fears temper the industry’s enthusiasm.

Source: pymnts.com
'Hard to believe': Hong Kong 'lagging behind' in e-payments as Octopus card and cash keep grip on shoppers, merchants - Vimarsana News

'Hard to believe': Hong Kong 'lagging behind' in e-payments as Octopus card and cash keep grip on shoppers, merchants

Some platforms have grown in popularity since pandemic, but merchants complain about relatively high transaction fees for e-payment systems, say they prefer cash.

Source: scmp.com
APP fraud mandatory reimbursement: UK PSR publishes final policy for 7 October 2024 go live date | Hogan Lovells - Vimarsana News

APP fraud mandatory reimbursement: UK PSR publishes final policy for 7 October 2024 go live date | Hogan Lovells

On 19 December 2023, the Payment Systems Regulator (PSR) published its final policy statement on fighting authorised push payment (APP) scams alongside three legal instruments that will...

UK Government: Faster Payment Service Needs to Be Faster - Vimarsana News

UK Government: Faster Payment Service Needs to Be Faster

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new…

Source: biztoc.com