Digital challenger bank TymeBank has introduced a PayShap Request payment option that third-party payment service providers can offer to merchants to use with their clients. According to a statement by the bank on Wednesday, the functionality will give South African businesses “a simple, unique and bank-agnostic” way to receive instant payments from customers at checkout….
Rachel Cowan, interim CEO at Ozow. South African fintech firm Ozow says it has achieved a first in the country’s digital payments space by implementing the real-time payment feature, PayShap Request, in a live environment. The company claims the functionality represents the country’s first South African Reserve Bank (SARB)-endorsed interoperable account-to-account payment rail (the infrastructure…
WASHINGTON — The U.S. Department of Justice said on Tuesday that a Chinese state-sponsored contract hacker was arrested last week in Italy at the request of Washington, but the arrested man claimed he is a victim of mistaken identity. Xu Zewei, 33, was arrested on July 3, the Justice Department said, adding a nine-count indictment…
Attorneys of Palestinian activist Mahmoud Khalil and the Trump administration clashed in court over Khalil’s renewed request to be released on bail or, at least, transferred to a detention center in New Jersey to be closer to family. Both parties submitted new filings after U.S. District Judge Michael Farbiarz declined to release Khalil last week….
