Thunes is offering its Pay-to-Banks solution to financial institutions via their Swift connectivity. The new solution lets the 11,000 banks within the Swift network connect to Thunes’ network with no additional integration needed, providing faster business and consumer payouts to four billion bank accounts, the...
Watch more: The Digital Shift: Visa DPS, Nick Roberts Data has become the tightest lever in card issuing. It protects portfolios, fuels growth and keeps operations lean. But only if banks can turn raw transactions into decisions at the speed of a tap. That is...
Virtual cards remain stuck in neutral for many businesses — not because buyers lack interest, but because supplier acceptance still lags. Supplier skepticism is a perennial obstacle. Costs and legacy processes often take center stage. Abhishek, global head of B2B Acceptance at Visa Commercial Solutions,...
Klarna says more than 1 million Americans have signed up for the Klarna Card in the 11 weeks since its July 4 launch in the United States. The Klarna Card gives consumers the choice of paying instantly with debit or spreading the cost over time,...
Mastercard launched a Global Reach Partner Program, which is designed to help its customers enter new markets. “As the world becomes more globally connected, customers across Mastercard’s ecosystem, including banks, FinTechs, crypto players, merchants, marketplaces and digital platforms, aspire to deliver their services across multiple...
Mastercard and Alipay+ have teamed to promote contactless payments in South Korea. This partnership will see the two companies provide support for mobile wallet Kakao Pay in launching NFC (near-field communication) payment for overseas transactions, the companies said in a Tuesday (Sept. 23) news release. With this partnership, Kakao...
JOI Gaming has picked Trustly as its main payment provider for the Dutch market. The partnership, announced Monday (Sept. 22), is designed to allow for instant payouts and seamless deposits into iDEAL, the Dutch instant payment system. Using Trustly’s open banking network and access to Dutch instant payment...
Most consumers in the United States aren’t saying no to pay by bank. They’re saying, “What’s that?” The simple knowledge gap, more than cost or convenience, may be the reason open banking payments have yet to catch on in the U.S. The PYMNTS Intelligence report...
Watch more: Need to Know: Visa DPS, Shane Malloy The moment a cardholder challenges a charge, it shifts from a quiet operational task to a critical customer touchpoint. Disputes are no longer just a back-office issue, said Shane Malloy, vice president of Value Added Services...