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Tag: Payments


E-payment & Security, Technology

How buy now, pay later benefits merchants

July 1, 2024

Via: Payments Dive

With more businesses thinking about adding buy now, pay later to their suite of payment options, payments company Stripe decided to look into the issue. In order to gauge the impact of BNPL, Stripe looked at 150,000 payment sessions and […]


E-payment & Security, Technology

Faster payments catch on slowly: survey

June 20, 2024

Via: Payments Dive

The research report from the council adds context to the adoption of faster payments and authorized transaction fraud problem. The council’s board includes representatives from a variety of payments players, including the mega-retailer Walmart, card network Visa and the interest […]


E-payment & Security, Technology

Fed plays crucial role in payments standard-setting

May 20, 2024

Via: Payments Dive

The Federal Reserve has a critical role to play in setting standards for the rapidly evolving world of payments, Fed Governor Christopher Waller emphasized in a speech last week. In speaking to the International Organization for Standardization’s committee for financial […]


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

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

DailyPay wage payments delayed due to Friday snafu

November 14, 2023

Via: Payments Dive

Earned access wage provider DailyPay experienced a service snafu Friday related to the Veterans Day holiday that deprived some of its users of access to their funds. Some workers who signed up for DailyPay access to their employer payments took […]


E-payment & Security, Technology

Payments funding slips further

October 18, 2023

Via: Payments Dive

For the first time in four quarters, the payments category didn’t lead the fintech pack when it came to money raised by startups during the third quarter. Globally, digital lending garnered the most venture funding in Q3, at $1.7 billion. […]


B2B

Mastering the Art of B2B Payments: Unlocking Seamless Transactions for Businesses

October 18, 2023

Via: B2B News Network

B2B payments, or business-to-business payments, refer to the financial transactions that occur between two businesses. These transactions are the lifeblood of any business, as they involve the exchange of goods or services for payment. However, unlike consumer payments, B2B payments […]


E-payment & Security, Technology

Is FedNow pivotal for payments or overhyped?

September 26, 2023

Via: Payments Dive

The Federal Reserve’s launch of FedNow has garnered significant attention over the past several months. Touted as the U.S. version of a European-style network of real-time payments, the service was met with high expectations. In fact, many still hope that […]


E-payment & Security, Technology

Google aims to bulk up wallet

June 1, 2023

Via: Payments Dive

Many of the new features aren’t available yet, though Google expects them to be later this year. The company launched its wallet in 39 markets around the world last year and since then it has expanded into 25 more markets, […]


E-payment & Security, Technology

Payments fraud climbs as banks reach for joint response

May 25, 2023

Via: Payments Dive

Attendees at Nacha’s Smarter Faster Payments conference last month were coasting through a late morning panel discussion on fraud just before lunch when one panelist’s comments stirred up the ballroom. Consolidated Edison Director Frank D’Amadeo, who leads treasury operations at […]


E-payment & Security, Technology

Paysend charges into US market

May 12, 2023

Via: Payments Dive

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 […]


B2B

Same-day, B2B payments fuel ACH growth

February 23, 2023

Via: Payments Dive

Nacha, which governs the automated payments system, attributed the drop in direct deposits to the conclusion of federal COVID-19 pandemic relief and fewer unemployment benefit payments. Looking ahead, the organization said it is focused on encouraging the dental industry to […]


E-payment & Security, Technology

Crypto may yet upend payments

January 30, 2023

Via: Payments Dive

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 […]


E-payment & Security, Technology

Oracle jumps into payments for retailers

January 13, 2023

Via: Payments Dive

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, […]


News

Payments funding plummets in 2022

December 22, 2022

Via: Payments Dive

This year saw seismic shifts in the payments venture capital world. From 2019 to 2021, as the COVID-19 pandemic fueled rapid change in payments and fintech, “it was a battle to get onto a lot of companies’ radars,” said Commerce […]


E-payment & Security, Technology

PayPal brings Zettle terminal to US

October 17, 2022

Via: Payments Dive

If a Zettle rollout in the U.S. sounds familiar that may be because PayPal launched its Zettle reader in the U.S. last year. While a reader accepts cards and contactless payments, it has to be paired with other devices, such […]


E-payment & Security, Technology

Payments fundraising slows down in Q2: PitchBook

August 19, 2022

Via: Payments Dive

So far, there have been 491 venture capital deals in payments for the first half of 2022. That count isn’t keeping pace with the ultimate total count for last year when 1,433 deals were closed, according to PitchBook data. The […]


E-payment & Security, Technology

Auto dealers tap US Bank for real-time payments

August 12, 2022

Via: Payments Dive

For auto dealers, receiving loan funding via the RTP Network helps them maintain a competitive edge, better control their cash flow and improve their contract-in-transit metrics, U.S. Bank noted in its press release. The bank said it will continue creating […]


E-payment & Security, Technology

Feds crack down on improper payments

July 20, 2022

Via: Payments Dive

The new report is part of a broader federal government campaign in recent years to root out improper payments. As a result of the new effort, billions of dollars in government payments affected by fraud have been tabulated in recent […]