Category: E-payment & Security

May 23, 2023

Fintech companies are using chatbots and virtual assistants to provide personalized and interactive financial guidance to customers, helping them make better financial decisions and improve their financial literacy. These AI-powered platforms, merging technology with the human touch, are increasingly becoming […]

May 22, 2023

Marketers have got the message loud and clear: They have to be more accountable for customer data privacy, given their position as some of the most significant creators and consumers of consumer data within the organization. The good news is […]

May 16, 2023

PayPal has planned for months to name a new CEO to replace Dan Schulman before yearend. Now, the digital payments pioneer is coming under pressure to speed up the transition. “Some investors are getting frustrated with what they believe is […]

May 12, 2023

Paysend joins a crowded field of cross-border payments competitors that are increasingly tapping new payment rails for faster cross-border services. Offering remittances services for migrants sending payments to family and friends in other countries is where most of the rivals […]

May 3, 2023

Partners at AH Capital Management, the big-name venture capital firm better known as Andreessen Horowitz, see an opportunity for entrepreneurs to design payment systems in what they call “high-risk” niches, such as gaming, sports betting and cannabis. Those areas, where […]

May 2, 2023

After a soft launch for some ISV clients late in the first quarter, the service became available broadly this week, so all ISVs working with Fiserv can turn on this capability for their merchant clients, a Fiserv spokesperson said. Fiserv […]

April 21, 2023

In response to an antitrust intervention by the UK’s Competition and Markets Authority (CMA), Google has put forward a proposal that would grant developers offering apps through its UK Play mobile app store the freedom to utilise alternative payment processors […]

April 11, 2023

It can be inconvenient if you want to send money from your PayPal account to someone who uses a different digital payment app. Visa is looking to become a sort of middleman and solve for the compatibility problem with “interoperability”. […]

April 4, 2023

PayPal announced new features for sellers who use its services that are designed to enhance payment acceptance on their online stores. A spokesperson told EcommerceBytes, “With one integration, small businesses will get access to these new features, as well as […]

March 30, 2023

ACI Worldwide’s report is a reminder of how far behind the U.S. is in real-time payment adoption, despite having the largest economy in the world. The U.S. doesn’t even rank in the top 10 countries with respect to real-time payment […]

March 24, 2023

The card issuers are required to report the data to the federal government twice annually under the The Fair Credit and Charge Card Disclosure Act of 1988. While the card information has historically been gathered from the 25 largest issuers […]

March 7, 2023

Two PayPal customers sued the company for negligence over a December data breach that the company reported in January. The plaintiffs allege that PayPal failed to comply with FTC guidelines and failed to comply with industry standards and are seeking […]

March 6, 2023

PayPal is counting on its peer-to-peer tool Venmo to drive more use of the company’s digital payments services, with the two operations expected to converge in about a year. That’s the timing outlook provided by PayPal Senior Vice President Doug […]

February 27, 2023

While Passbook was gaining traction with customers, the product was outside the fintech’s core customer segment, Oppenheimer told analysts last week. “We believe it makes sense to redeploy our resources to higher returning investments, targeted at our core remittance customer,” […]

January 30, 2023

Layoffs abound in the crypto world, as they have since early May. The year switched anew on the calendar, yet the sector gets no “new year, new me” shift: More than 26,000 jobs were lost in crypto in 2022. By […]

January 23, 2023

As card giants, payments processors and fintechs report quarterly results in coming weeks, the reports will show how a difficult economy has impacted their customers. Over the next five weeks, card issuers and networks, fintechs and payments processors will share […]

January 20, 2023

Credential stuffing is a persistent threat. The form of attack exploits valid credentials stolen during a breach or purchased on the dark web, often in bulk. The damage from credential stuffing can multiply and flow downstream because many individuals reuse […]

January 13, 2023

PayPal’s Xoom has offered money transfer services domestically since 2020 and expanded its cross-border capabilities last year. Now, it’s speeding up the delivery of the payments with an assist from Visa’s real-time system called Visa Direct. Xoom’s debit card deposit […]

January 13, 2023

Austin, Texas-based Oracle touted the new feature as a kind of one-stop-platform for retailers, where they can process payments, oversee inventory and manage staff. The company also argued that the services will be a less expensive alternative in the marketplace, […]

December 28, 2022

Not long ago we received a raft of emails from readers expressing concerns that eBay was requiring them to upload images of their driver’s license. “eBay is now requiring a photo id along with all of the information I have […]