What will payments look like in 2022 and beyond? In “The Way Payments Are Now Done,” Dave Fura, SVP, head of card solutions, FIS, joins 32 other payment executives to discuss what payments’ “new normal” looks like. Fura explores how the checkout process has been...
Look up “ad hoc” and the definition is simple: created, as needed. Ad-hoc payments, then, serve a simple purpose. They’re created, as needed, frequently on a one-off basis, to satisfy, say, a refund, or to adjust payroll — and frequently, they don’t even have to...
U.S. Bancorp executives said the company’s business customers may welcome more payments services — a line of offerings that already is the source of a quarter of the bank’s revenue, Bloomberg reported. Minneapolis-based U.S. Bank is the company’s fifth largest commercial bank, according to its...
Synchrony has expanded its partnership with the financial services provider Fiserv with a new arrangement that lets small businesses access Synchrony’s products and services and accept credit card payments via Fiserv’s Clover. The two companies announced the partnership on Thursday (Oct. 14), noting that it’s...
UniCredit and J.P. Morgan are teaming up to advance the SWIFT Go project that gives individuals and businesses the ability to make cross-border payments with complete transparency and increased security, according to a press release emailed to PYMNTS on Friday (Oct. 8). The collaboration also...
Sightline Payments is working with Mastercard on the Play+ Mastercard, allowing players to use it for casino games and other activities, according to a press release. Sightline rolled out the first Play+ Mastercard with Resorts World Las Vegas, allowing cardholders to pay for non-gaming activities,...
MoneyGram has announced that is be partnering with the Stellar Development Foundation, a nonprofit organization, to enable cash funding and payout in local currency for consumers using U.S. Dollar Coin (USDC), along with almost instantaneous back-end settlements, according to a press release. The partnership will...
Multi-channel, cloud-based payment processing platform Qualpay has added text-to-pay to its suite of services, according to a Wednesday (Oct. 6) press release. The California-based company said the new payment method is aimed at meeting the needs of the constantly evolving business landscape. Underscoring the need...
Whether it’s a finance team separated from the physical office mail and corporate checkbook, or legions of remote workers seeking purchase authorizations or expense reimbursements, the shortcomings of paper-based payments and processes have been laid bare over the last 18 months. It’s taken more than...
