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Category: E-payment & Security


E-payment & Security, Technology

US, Europe lock arms on payments regulation

April 15, 2024

Via: Payments Dive

The 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

BNPL users report problems with overspending, missed payments: survey

April 12, 2024

Via: Retail Dive

Bankrate’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

How Amex is entangled in the Visa-Mastercard settlement

April 1, 2024

Via: Payments Dive

For 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

PayPal User Agreement Changes to Take Effect in May

March 27, 2024

Via: EcommerceBytes

PayPal 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

New Nacha rules strike at push-payment fraud

March 19, 2024

Via: Payments Dive

Nacha 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

Visa teams with SAP’s Taulia on embedded payments

March 14, 2024

Via: Payments Dive

Through 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

Cash-strapped consumers turn to BNPL: Fed survey

February 23, 2024

Via: Payments Dive

The 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

Google Pay app to be retired in US this year

February 23, 2024

Via: Payments Dive

Mountain 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

Aeropay partners with Cross River, UBank on sports gaming payouts

February 8, 2024

Via: Payments Dive

A 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

Why ‘pay-by-bank’ faces adoption hurdles in US retail

February 5, 2024

Via: Payments Dive

For 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

CFPB eyes NSF fee ban for transactions declined in real time

January 26, 2024

Via: Payments Dive

The 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

SAP Security Framework in the Fintech Industry

January 25, 2024

Via: B2B News Network

In 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

Mastercard lines up B2B payments partners

January 19, 2024

Via: Payments Dive

With 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

Visa debuts Web3 loyalty program

January 10, 2024

Via: Payments Dive

Visa’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

Bank groups voice concerns with CFPB’s open banking proposal

January 5, 2024

Via: Payments Dive

The 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

Canadian payments firms chart US growth

December 22, 2023

Via: Payments Dive

Two 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

Hybrid Payment Methods for Invoices: Modern Strategies for Client Payments.

December 20, 2023

Via: B2B News Network

In 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 […]


E-payment & Security, Technology

Visa seeks majority stake in Mexico payments processor

December 15, 2023

Via: Payments Dive

San Francisco-based Visa has actively engaged in building out its international network over the past decade, and the company’s new chief executive, Ryan McInerney, is likely to continue spearheading that effort, given his past work building the brand globally. He […]


E-payment & Security, Technology

Senators keep pressure on PayPal, Block

December 14, 2023

Via: Payments Dive

U.S. senators put PayPal and Block on notice Thursday that they’re not satisfied with the companies’ responses to inquiries regarding how the companies reimburse customers involved in scams on their Venmo and Cash App payments apps, respectively. In a letter […]


E-payment & Security, Technology

Google Pay taps Affirm, Zip for BNPL

December 13, 2023

Via: Payments Dive

The small pilot of the services will mark the first time Google Pay is integrating BNPL options, a Google spokesperson said. It will kick off in early to mid-January and a full launch is planned for a few months later. […]