Labor marketplace WorkWhile has launched a free, real-time payment feature for workers on its platform. The launch, announced Monday (Oct. 27), is open to all workers on the Workwhile platform, and not just independent contractors, as part of the company’s new “Living Paycheck-to-Paycheck Is Dead”...
Global financial technology company i2c Inc. announced in a Wednesday (Oct. 22) press release that it achieved certification from Visa for global enablement of Click to Pay. According to the release, this certification establishes i2c as the first issuer processor certified globally to enable Visa...
The Federal Reserve reportedly wants to further embrace payments innovations. To that end, the central bank will be more active in studying those advancements. Fed Governor Christopher Waller said Tuesday (Oct. 21). “The revolution transforming payments is demanding change everywhere,” Waller said in a speech...
Japan’s PayPay’s valuation could reportedly exceed $20 billion as it prepares to go public. The SoftBank-owned payments app is set for an initial public offering (IPO) in the U.S. in December, and investors think the company’s valuation could surpass 3 trillion yen, or $20 billion,...
Nacha is making some changes to improve the efficiency and ease of use of International ACH Transactions (IATs). These changes were enabled by five rules changes approved by Nacha voting members, the organization said in a Tuesday (Oct. 14) press release. To make it easier...
Some of the new features offered by Block’s Square and Cash App brands take direct aim at the fees charged by card networks, Bloomberg reported Friday (Oct. 10). The company is offering the local businesses that use its payment network a payment processing rate of...
Watch more: Trend Talk: American Express, Pavan Krishna New business norms require modes of thinking that aren’t just the same old, same old. Today, innovation across accounts receivable (AR) and accounts payable (AP), is taking center stage for forward-thinking firms. “AR and AP automation is...
Watch more: Need to Know: Fifth Third Bank, Robert Norman Cash still matters in a digital economy. Much of the world has gone digital, yet for millions of consumers, cash remains a critical payment method. It still accounts for roughly 30% of tender, particularly in...
Paper checks have long been a fixture in U.S. government disbursements, but their days are numbered. President Trump’s recent executive order mandating the phase-out of paper checks in federal payments aims to modernize fund flows from agencies and contractors. The shift is more than efficiency....