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 […]
E-payment & Security, Technology
December 15, 2023
Via: Payments DiveSan 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
December 14, 2023
Via: Payments DiveU.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
December 13, 2023
Via: Payments DiveThe 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. […]
E-payment & Security, Technology
December 6, 2023
Via: Payments DiveCurrently, the U.S. doesn’t have a comprehensive federal privacy law. Instead, companies in the U.S. face a patchwork of privacy laws and regulations at the federal and state levels. The U.S. data privacy landscape changed significantly with the emergence of […]
E-payment & Security, Technology
November 30, 2023
Via: Payments DiveAmazon’s palm recognition and payment capability, introduced in late 2020, is currently in operation at hundreds of retail locations in the U.S., including Whole Foods Market and Panera Bread locations. The tech giant is also positioning Amazon One as a […]
E-payment & Security, Technology
November 29, 2023
Via: B2B News NetworkIn the ever-evolving landscape of digital finance, the integration of decentralized wallets into business transactions represents a significant shift. As cryptocurrencies continue to gain momentum, understanding the role and utility of a crypto wallet for business is crucial for companies […]
E-payment & Security, Technology
November 22, 2023
Via: Payments DiveRestaurant workers haven’t returned to the sector in the numbers that business owners hoped to see years after pandemic lockdowns. By 2021, many restaurant owners struggled to fill cook, line cook, server, bartender and manager positions. And though the number […]
E-payment & Security, Technology
November 16, 2023
Via: Payments DiveThe new management team is being built out after Chriss was appointed in August as the San Jose, California-based company’s leader, effective in September, to succeed long-time CEO Dan Schulman. Several of the new executives he’s tapping join PayPal from […]