E-payment & Security, Technology
April 24, 2024
Via: Payments DiveFintech One, which partners with Everett, Washington-based Coastal Community Bank for banking services, is led by Goldman Sachs veterans Omer Ismail and David Stark. In 2022, One began offering banking services to Walmart’s 1.6 million U.S. employees and some of […]
E-payment & Security, Technology
April 19, 2024
Via: B2B News NetworkIn the realm of digital assets, Artificial Intelligence (AI) stands out as a transformative catalyst. Characterized by the application of sophisticated algorithms and computational models, AI significantly influences the landscape of cryptocurrency analysis. This exploration delves into the intricate interplay […]
E-payment & Security, Technology
April 18, 2024
Via: Payments DiveKlarna, the Swedish buy now, pay later pioneer, is overhauling its U.S. approach to an old-fashioned payments tool, the credit card. The company is ditching the credit card it rolled out in the U.S. two years ago, and replacing it […]
E-payment & Security, Technology
April 15, 2024
Via: Payments DiveThe CFPB and EC announced a pact last July for an “informal dialogue” on monitoring and regulation of emerging fintech technologies and financial services in an effort to safeguard consumers on either side of the Atlantic Ocean. Now, nearly a […]
E-payment & Security, Technology
April 12, 2024
Via: Retail DiveBankrate’s research offers some insight into which demographics are gravitating toward BNPL platforms. While consumers with an annual household income of $100,000 or more made up the smallest group of BNPL users (39%), consumers earning between $80,000 and $99,999 made […]
E-payment & Security, Technology
April 1, 2024
Via: Payments DiveFor years, Visa and Mastercard rules have said that if a merchant doesn’t add a surcharge for all credit card transactions, including those made with another card company such as American Express, then they couldn’t impose a surcharge on Visa […]
E-payment & Security, Technology
March 27, 2024
Via: EcommerceBytesPayPal notified users it’s making changes to the User Agreement that will, for the most part, go into effect in May. Included are changes to PayPal’s Seller Protection program and Purchase Protection program. PayPal listed the policies effected and highlighted […]
E-payment & Security, Technology
March 19, 2024
Via: Payments DiveNacha is a nonprofit organization that governs, but does not operate the ACH Network, an account-to-account money transfer system overseen by The Federal Reserve and The Clearing House. There were 31.5 billion ACH Network payments made last year, valued at […]
E-payment & Security, Technology
March 14, 2024
Via: Payments DiveThrough its partnership with Taulia, Visa aims to provide businesses with an improved payment experience for buyers and suppliers, the card network said. Taulia processes about $500 billion annually and has major firms such as Nissan, Airbus and AstraZeneca in […]
E-payment & Security, Technology
February 23, 2024
Via: Payments DiveMountain View, California-based Google launched the first version of Google Wallet in 2011, according to tech news site Mashable. It then merged its wallet with an Android payment service in 2018 to create the current version of the Google Pay […]
E-payment & Security, Technology
February 23, 2024
Via: Payments DiveThe Philadelphia Fed survey offered some demographic insights about the BNPL user base. More than a third of BNPL users (37.8%) were either Black or Hispanic in Q4 2023, down from 40% in Q4 2022. Less than half (48.5%) of […]
E-payment & Security, Technology
February 8, 2024
Via: Payments DiveA record 67.8 million people are expected to place bets on this year’s Super Bowl, the American Gaming Association said Tuesday. For those who make the right plays, nearly 80% would choose to be paid instantly, an October survey by […]
E-payment & Security, Technology
February 5, 2024
Via: Payments DiveFor U.S. merchants butting heads with card networks over card swipe fees, the answer might be to bypass cards altogether and allow funds to move directly from the payer to recipient via account-to-account payments — the so-called pay-by-bank method. The […]
E-payment & Security, Technology
January 26, 2024
Via: Payments DiveThe Consumer Financial Protection Bureau issued a proposed rule Wednesday that would stop banks and other financial institutions from levying nonsufficient funds fees on transactions declined in real time. The proposed rule would ban NSF fees on declined debit purchases, […]
E-payment & Security, Technology
January 25, 2024
Via: B2B News NetworkIn response to cybercriminals’ increasing sophistication, fintech cyber security continues to evolve, and new technologies are constantly developed. Cybersecurity expertise and adequate awareness are therefore necessary when dealing with fintech. In this article, we’ll examine the SAP Security Framework, as […]
E-payment & Security, Technology
January 19, 2024
Via: Payments DiveWith its new healthcare payments service, Purchase, New York-based Mastercard aims to speed up the time for hospitals and other specialty providers to receive payment, a process that typically takes months to complete. Using virtual cards within Remedinet’s platform also […]
E-payment & Security, Technology
January 10, 2024
Via: Payments DiveVisa’s collaboration with SmartMedia Technologies signals a deeper dive into the Web3 ecosystem, considered a decentralized, next-generation evolution of the Web. In addition to providing customers with digital wallets to store their loyalty rewards, the card network has previously integrated […]
E-payment & Security, Technology
January 5, 2024
Via: Payments DiveThe Consumer Financial Protection Bureau’s open banking proposal doesn’t go far enough to protect sensitive consumer financial data, the Bank Policy Institute and The Clearing House said in a comment letter submitted Friday. The CFPB, which closed its comment period […]
E-payment & Security, Technology
December 22, 2023
Via: Payments DiveTwo Canadian payments companies in different business-to-business spheres are plotting growth in the U.S. market next year. Versapay and Brim Financial, both based in Toronto, have already lured U.S. corporate customers, but are seeking to expand their clientele south of […]
E-payment & Security, Technology
December 20, 2023
Via: B2B News NetworkIn the ever-evolving landscape of financial transactions, businesses are continually exploring innovative methods to streamline invoicing processes and enhance client payment experiences. Hybrid payment methods, combining traditional and digital approaches, have emerged as modern strategies to address the diverse needs […]