News

Cross-border Payments
Increasing RuPay, UPI Acceptance In EU, Middle East Helps Indian Travelers Spend With Ease
October 18, 2022

When the Reserve Bank of India (RBI) outlined its vision for a national payment system that would rival international card schemes, its primary goals were to reduce the cost burden on banks and the country’s dependency on foreign processors. Get the Full Story Complete the...

B2B Payments
Insurance Industry Takes Lead in Embedded Finance Adoption
October 18, 2022

Insurance companies are leading the pack in terms of implementing new embedded finance solutions that can benefit themselves, their industry and their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Security & Fraud
UK Sees 13% YoY Drop In H1 Fraud Losses As In-Person Scams Surge
October 18, 2022

In the never-ending cat-and-mouse game between those looking to defraud consumers and others looking to protect them, the advent of enhanced Strong Customer Authentication (SCA) for payments has equipped consumers with a key weapon. Get the Full Story Complete the form to unlock this article...

CFPB
CFPB: Active Network Duped Users Into $300M in Junk Fees
October 18, 2022

The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription club and generated $300 million in the process. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Today in B2B Payments: Firms Launch Tools for Aviation, Restaurant Industries
October 18, 2022

Today in B2B payments, TreviPay and KHI develop a payment platform for the aviation industry, Lendica and Altametrics offer B2B buy now, pay later (BNPL) options for restaurants, and Clear launches an accounts payable (AP) automation tool. Plus, Edenred buys IPS to build a comprehensive...

Investments
JPMorgan Backs Tilia to Advance Payments for Virtual Economies
October 18, 2022

Comprehensive payments platform Tilia was backed by J.P. Morgan for an unspecified amount to further develop its payment processing solutions for in-game transactions and virtual economies.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loyalty & Rewards
Albertsons’ Loyalty Program Gives Kroger a Digital Boost
October 18, 2022

As Kroger and Albertsons gear up for their merger, the former may benefit from the latter’s recent digital growth, with eCommerce transactions and loyalty engagement on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Wise Hikes Transfer Fees, Upgrades 2022 Outlook
October 18, 2022

Wise, the U.K.-based cross-border money transfer business, has increased the average cost of transactions for the first time since 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
TreviPay, KHI Team to Debut Aviation Network Payment Platform
October 18, 2022

B2B payments and invoicing network TreviPay has launched the TreviPay Aviation Network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...