Zelle reportedly wants users to use its platform via banking apps instead of its own. An executive for the peer-to-peer payments provider told Reuters on Thursday (Oct. 31) that while more than 2,200 banks and credit unions are part of its network, just 2% of...
Thunes launched a payments tool to help travelers doing business in China. The company’s new QR Code Payments solution enables foreign mobile wallets and financial institutions to directly access China’s increasingly cashless economy, according to a Tuesday (Oct. 22) press release. The country has seen...
Gone are the days of customers fumbling in their back pockets for cash or cards. “Innovations like tap on mobile and mobile wallets go a long way to simplify and ease the payment experience for the customer,” Julie Malikayil, senior manager, payments products at Discover® Global...
WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and small trucking companies access to fuel discounts, according to a Friday (Oct. 4) news release....
Financial software firm Intuit is integrating two of its most popular consumer finance offerings. “Upcoming innovations across TurboTax and Credit Karma will deliver a single, connected consumer financial platform that delivers insights and recommendations year-round and done-for-you experiences at tax time,” the company said Thursday...
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time payment solutions could revolutionize the industry. The PYMNTS Intelligence report “From Trips to Tips: How...
Taking a payment mechanism that’s been around for centuries and bringing it fully into the digital age requires work. But as Ralph Koker, global head of product at TerraPay, told PYMNTS for the “What’s Next in Payments: How Do You Do Digital?” series, the movement...
Some California residents can now add their driver’s licenses and state IDs to Apple Wallet. This capability will be rolled out as part of the California DMV’s mobile driver’s license (mDL) pilot program, which launched in 2023 and is limited to 1.5 million participants, Apple...
Fifth Third now offers free digital financial education programs for students from elementary school through high school. The bank has expanded access to its Fifth Third Bank Finance Academy to junior high students, adding them to the high school students for whom the program was...