Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they seek payment methods that seamlessly integrate into their shopping journeys, whether those journeys are taking...
Visa-owned payments platform Tink has launched an open banking partnership with expense-sharing app Splitwise. The collaboration, announced Monday (April 22), brings Pay by Bank to Splitwise users, letting them make direct payments from within the Splitwise app, starting in the U.K. “We have always believed that...
For consumers no longer carrying wallets full of cash, ease and convenience are top of mind, PYMNTS Intelligence reveals. By the Numbers The June 2023 PYMNTS Intelligence study “Consumer Inflation Sentiment Report: Consumers, Cash and the Inflationary Economy” drew from a survey of more than 2,100 U.S....
AffiniPay has expanded the availability of its payment processing solutions for attorneys and accounting professionals to Puerto Rico. These solutions, LawPay and CPACharge, are already used by more than 80,000 law and accounting firms in the United States and Canada, the company said in a Thursday (April 18) press release....
Klarna has opened its waitlist for the new Klarna Card to all U.S. consumers and said the credit card will roll out over the next few months. The new card, which is already available in Europe, offers flexible payment options both in-store and online, can be used...
The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The Clearing House said in a Wednesday (April 17) press release. “We congratulate Crédit Agricole Corporate & Investment Bank and MUFG for completing...
From restaurants to rideshare platforms and hospitality, the rise of digital tipping is reshaping how consumers express gratitude for service. This shift toward digital gratuity represents more than just convenience — it’s a reflection of broader societal changes, impacting both employee retention and transactional consumer...
Payments infrastructure provider Transaction Network Services (TNS) has launched payment and network solution Complete Commerce. As the company noted in a Tuesday (April 16) news release, enterprises need to deliver user-friendly, reliable and secure payments experiences while also juggling evolving consumer behavior, regulatory demands and technology...
Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its total number of active customers to 7.9 million, Wise said in a trading update released Tuesday (April 16). Among those customers...
