Resources
The Rise of AI-Powered Super Wallets
The Future of Digital Wallets: AI's Transformational Role In a recent survey of businesses, opinions varied on where artificial intelligence (AI) would have the most significant impact. However, one consensus emerged: the future of digital wallets will be shaped by AI...
Enhancing Payment Security in a Digital World
Enhancing Payment Security in a Digital World In the realm of financial transactions, the fusion of payments and security mechanisms has become increasingly intertwined, paving the way for enhanced interoperability within systems. Payment technology firms, in...
Revolutionizing Global Transactions: Mastercard Unveils Move Commercial Payments Solution
In the fast-paced world of global finance, efficiency and transparency are paramount. Mastercard, a leader in innovative financial solutions, has once again stepped into the spotlight with their latest offering – the Mastercard Move Commercial Payments product. Here's...
Introducing the Digital Transformation of B2B Small and Medium-Sized Enterprises
Many small and medium-sized businesses (SMEs) that cater to other businesses are not familiar with the concept of e-commerce. However, they recognize the significance of e-commerce in the process of digital transformation. We...
What NGOs and Charities need to know when considering Online Fundraising
In Hong Kong, holding public fundraising activities in public places(1) require prior application and approval from the Social Welfare Department, such as flag day or street charity sales. If the time of e-flag selling is close to the approved flag-selling day, or has...
3DS 2.0 – Have you Upgraded yet? Upgrade before October 2022
3DS1 will be discontinued by payment networks from October 2022, and have mandated the ecosystem to upgrade to 3DS2. Please see below deadlines to ensure you have updated 3DS to avoid disruption: American Express – 14 October 2022 Discover / Diners – 14 October 2022...
Visa’s Latest Dispute Rule Updates: Evolution of Compelling Evidence
Visa’s Latest Dispute Rule Updates: Evolution of Compelling Evidence Effective from 15 April 2023, Visa will implement new standardisation of data to enhance chargeback processing. This update particularly covers card-not-present (CNP) chargebacks regarding the...
3-D Secure 2.0 is here
While the original 3-D Secure protocol was developed more than 15 years ago to mitigate fraud in ecommerce transactions, the acceleration of ecommerce in recent years calls for greater payment security as fraudsters also turn to digital. 3-D Secure 2.0 addresses the...
Preparing for 8-Digit BINs
The payments industry is experiencing a shortage of Bank Identification Numbers (BINs), as a result of growing digital payment innovation in recent years. BINs comprise the first six numbers of the primary account numbers (PAN), also visible as the first six digits on...
