Denver-based, state-chartered Fourth Corner Credit Union has asked the Federal Reserve Bank of Kansas City for a master account to help social groups pushing for the legalization of marijuana. According to a report in CUInsights, the master account would enable the credit union (CU) to serve...
Payment services company Verifone and digital payment service Alipay, owned by China’s Alibaba, announced Tuesday (Oct. 17) they have formed a partnership that will bring the Alipay mobile wallet to U.S. taxis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cardstream and Creditcall have joined forces to free merchants and their acquirers from single-stack payment acceptance solutions. 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...
In payments, innovation doesn’t always have to materialize in disruptive waves, but can come, rather, through incremental evolution. In an interview with Karen Webster, i2c Founder and CEO Amir Wain discussed the state of innovation in financial services and pointed out that failure to innovate...
Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. are having a tough time paying their debt. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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Each event in life is made up of smaller decisions and actions, all combined in moving parts to make a cohesive whole. Why should payments be any different? Modo is emerging from a self-imposed dark period with the goal of changing the way we talk...
The latest iteration of EMVCo’s Payment Tokenization Specification has the potential to change the way we shop – even as it changes the way that consumer information is exchanged between cardholders, issuers and merchants. Goodbye to static tokens and hello to a dynamic range of possibilities...
The Federal Reserve, on behalf of the Governance Framework Formation Team, announced the members of the collaborative industry short-term workgroup tasked with developing a governance framework for faster payments in the United States. Get the Full Story Complete the form to unlock this article and...
