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United Arab Emirates-based card acceptance provider Mashreq is now working with Visa to put out a new rapid seller onboarding progra
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stanley cup uk SMBs , IBS Intelligence reported.The program is intended to cut out pain points for both merchants and acquirers, including lack of digital touchpoints, lengthy onboarding timelines and stunted feedback mechanisms, which lead to higher costs for everyone, the report stated.Visa General Manager for the UAE Shahebaz Khan said in the report the idea is to make it easier for SMBs to accept digital payments, which can help businesses through stopping revenue leakage and boosting cash flow.It will also help boost the UAE digital economy, which has been growing lately, according to the report. SMBs in the UAE have been hit hard by the pandemic, and although they are on the road to recovery, we recognize the pressures they face to meet the changing payment habits of their customers, Khan said in the report. Most UAE merchants surveyed in Visas Small Business Recovery 2021 study 82 percent see digital payments as a necessary investment in business recovery, and 51 percent of them expressed interest in low-cost acceptance solutions. We are increasingly experiencing a shift from cash to digital payment method
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Early Warning, a fraud prevention and risk management company, announced the launch of its new authentication platform, Authentify, which unifies multiple authentication methods into a single suite solution.The launch of Authentify 鈥斅爓hich rolls seven authentication layers, including biometrics,聽NFC, device binding and聽two-factor out-of-band via voice and SMS, into one platform 鈥斅燾omes after the聽Scottsdale, Arizona-based company acquired聽the then-privately held Authentify in April.Authentify boosts Early Warni
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stanley cup ice president聽of authentication solutions聽at聽Early Warning. The聽Authentify platform addresses the multi-dimensional challenge of payments risk. It brings together multiple modes of authentication 鈥?all sitting on top of a bank consortium model that is powered by shared intelligence 鈥?to simplify risk-managed authentication while strengthening accur
