In the bid to build out a pan-European card network, will it be different this time? More than a decade ago, the Monnet Project Association, a group of 24 European banks from seven countries, sought to launch such a network. But much hinged on agreements...
Education payments solution provider Transact Campus launched a B2B bulk tuition payments portal. Transact Sponsor Payments is designed to make it easier for third-party payors to make bulk payments toward student tuition and fees to finance offices at colleges and universities, according to a Tuesday (March 5) press...
J.P. Morgan has become a principal member of the French payments network Cartes Bancaires CB, becoming the first U.S. bank to do so. Having been granted this license, the bank plans to support the French payment method for merchant clients by the end of 2024, J.P. Morgan...
Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.” The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase in debit and prepaid payment transactions. “Overall, organic transaction growth for January 2024 vs. the same period in 2023 is...
Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to insights detailed in the PYMNTS Intelligence study “Tracking the Digital Payments Takeover: Consumer Familiarity Controls Account-to-Account Payment Growth.” Convenience also...
German automotive marketplace mobile.de has tapped Mangopay to add embedded payments to its platform. Mangopay, a provider of payment infrastructure for marketplaces and platforms, will launch a payment solution tailored to mobile.de’s users, the companies said in a Wednesday (Feb. 14) press release. “For many...
Financial technology firm FIS has formed a partnership with opening banking provider Banked. The collaboration is aimed at driving new pay-by-bank offerings for consumers and businesses, according to a Wednesday (Feb. 14) press release. “Pay-by-bank solutions simplify payments by combining the benefits of real-time payment rails with the flexibility and...
Open banking connectivity features are transforming the way consumers receive payouts from merchants, service providers and government agencies. These features allow consumers to link their bank accounts directly, using their existing bank logins, and receive funds instantly. According to “How Open Banking Can Provide Fast and...
FinTech company AppTech integrated its Commerse product and its newly-acquired FinZeo platform. Commerse is a portal that lets independent sales organizations and independent software vendors drive secure, scalable payments, digital banking and merchant services from a unified stack, according to a Thursday (Feb. 8) news...
