Mastercard and Visa have joined a new World Bank initiative to promote digital payments in emerging markets. The International Finance Corporation (IFC), a member of the World Bank Group that concentrates on the private sector, announced the project Wednesday (Sept. 9), with the goal of helping banks, FinTechs and other financial institutions in...
Card platform upgrade calendars are getting shorter. The next major deadline may arrive before issuers finish planning for the last one. Card issuers face pressure from several directions. Fraud keeps changing, customers expect faster digital services and AI is creating new ways to manage accounts....
Tokenized deposits are more likely than stablecoins to perform the role of money, Bank for International Settlements General Manager Pablo Hernández de Cos said Friday (Aug. 28). In a speech delivered at the Jackson Hole Economic Symposium, hosted by the Federal Reserve Bank of Kansas...
PayPal is introducing new ways for students to make tuition payments through its platforms, according to a Wednesday (Aug. 19) press release. There are integrations with three education payment platforms, including Illumia, Nelnet Campus Commerce and TouchNet, the release said. They give students and their...
A card can earn top billing in a customer’s wallet or disappear behind an expired gift card. The difference often starts with the first tap and grows with every experience that follows. The Issuer Engagement Playbook, “Erasing Friction, Driving Engagement: How Top Issuers Remove Cardholder...
TikTok is exploring a feature that would enable peer-to-peer payments between users via direct messages, Bloomberg reported Tuesday (Aug. 18). Evidence of the feature was found inside code in the current version of TikTok’s U.S. app, according to the report. The code suggests that senders can include a...
Google has added Venmo as a payment option on Google Play, enabling users to bring the digital wallet to the apps, games and digital content on the Google Play, Google said in a Monday (Aug. 10) blog post. Effective Monday, users can update the way they pay on Google Play by going to...
Watch more: Digital Shift With The Clearing House’s David Watson The Clearing House is in its 173rd year of occupying the same position in the United States’ banking system. It’s the place where money that starts at one bank finishes at another. The Clearing House...
Payment friction rarely arrives as one clearly identifiable expense. That’s probably why most executives think about payment friction as an inconvenience and not a hidden-in-plain-sight margin and revenue problem. But new findings in the June 2026 edition of The 2026 Certainty Project, a PYMNTS Intelligence and Plaid collaboration,...