Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, has launched its new Advanced Authorization model that redefines how fintechs and ...

Explore how Base I, the first real-time credit card authorization system, revolutionized transactions and paved the way for modern electronic payments.

A credit card authorization form allows a merchant to charge your credit card at a later date. You can use one to formally verify payments like monthly bills, hotel incidentals or charges on ...

Discover how INET revolutionized MasterCard transactions by integrating with Banknet, enhancing global credit and debit card processing across financial institutions.

Transaction failures are unfortunately a common experience in e-commerce. Retailers need a strategy to get past this "digital last mile" and improve user experience and authorization rates. This ...

The Central Bank of Nigeria, CBN, has introduced fresh measures aimed at improving the reliability and security of foreign-issued payment card usage across the country, directing banks and other ...

The weighted average cost of payment acceptance is expected to have doubled from around 0.8% in 2009 to over 1.6% by 2025.[i] Fueled by the abundance of rewards cards, the shift to online payments, ...

The Central Bank of Nigeria has instructed that all banks and other financial institutions to make use of multi-factor ...

By Uche UsimThe Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to introduce multi-factor authentication (MFA) for transactions conducted with foreign-issued payment ...