NACHA – The Electronic Payments Association – announced Thursday (Nov. 1) that automated clearing house (ACH) payments totaled more than 5.6 billion in the third quarter of 2018, a 6.7 percent increase from the third quarter of last year. In a press release, NACHA said the performance was...
A white paper has revealed a master plan to replace the U.S.’s Automated Clearing House (ACH) 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...
Checks, despite their near extinction in consumer payments, remain alive and well when it comes to businesses paying each other. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Grab, the ride-hailing company out of Southeast Asia, and Mastercard, the payment company, announced on Wednesday (Oct. 24) a partnership to issue prepaid cards tailored to the Southeast Asian market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Synchrony Financial‘s run as the exclusive credit card issuer for Walmart came to an end in July, with reports that Walmart decided this past summer to switch to Capital One Financial. According to a report in The Wall Street Journal, citing people familiar with the...
Talk about cashless and contactless. How about payments made at the speed of sound — to be specific, using encrypted sound waves to make offline payments? Sound is the ancient method of communication, of commerce, where a promise to sell or buy in days of...
Square announced Thursday (October 4) the launch of Square Installments, a new service that provides sellers with access to a tool for growing sales that it said has traditionally only been available to larger businesses. Get the Full Story Complete the form to unlock this...
Petal, the startup credit card company, announced on Tuesday (Oct. 2) that its credit card is now available via the company’s website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The graveyard of payments innovation is littered with would be all-In-one cards. Batteries? Plastic? Failed startups? Curve's CEO Shachar Bialick tells Karen Webster that the secret to consolidated card success lies with letting consumers decide on payment methods — long after the transaction is done. Call it...
