Google has commented on the passing of the Digital Markets Act, which will require Google Play and other industry players to adjust their current operating model for users in the European Economic Area (EEA). In a blog post Tuesday (July 19), the company said: “We...
Google has launched Google Wallet, the company’s fourth rebrand of its payment system, bringing back the original name that existed from 2011 to 2015. The system was renamed as Android Pay in 2015, then became Google Pay in 2018 before returning to the Wallet brand,...
Huntington Health's Steven Mohr tells PYMNTS in the latest edition of the "B2B Payments In Healthcare Tracker®" how faster, more efficient procurement of lifesaving medical supplies is happening at a time of tight supplies and other recently exposed systemic weaknesses that emerged from the pandemic.
The pandemic is forcing many industries to rethink their business-to-business (B2B) payment processes for smoother and more collaborative relationships with their suppliers. Perhaps no other industry relies more on seamless vendor relationships than healthcare, as a reliable and uninterrupted source of quality medical supplies is...
Russian President Vladimir Putin has signed a law that bans digital payments, according to news reports and a post Thursday (July 14) on the Russian assembly’s — the Duma — website. The Duma approved the law on July 8, thus forbidding the use of digital...
British FinTech Revolut is celebrating its seventh year as a company by hitting a milestone of 20 million customers, 250 million monthly transactions, and a global workforce topping 5,000 employees. “When we started Revolut seven years ago, we wanted to give people more control over...
Most recently valued at $95 billion, payments company Stripe has reduced the internal value of its shares by 28%. That’s according to a Wall Street Journal report Thursday (July 14), which cited sources familiar with the matter. The company informed employees via email last week...
Digital payments company Global Primex on Tuesday (July 12) debuted online payment platform VLoad in partnership with New York-based Metropolitan Commercial Bank, according to a joint press release. VLoad offers consumers high levels of privacy and security and allows merchants in the VLoad Merchant Network...
Toronto-based online payment service Interac is adding a network provider following an outage at Rogers Communications last week that prevented millions of Canadians from making online payments. “We are adding a supplier [besides Rogers] to strengthen our existing network redundancy so Canadians can continue to...