ACI Worldwide has agreed to acquire Cranium Ventures, a privately held developer of cloud-native card payment switching technology, as it seeks to expand its card-processing capabilities. The Omaha, Nebraska, payments technology company said Tuesday (Sept. 1) in a press release that it will incorporate Cranium’s...
Samsung South Africa has added a new QR payment feature to its digital wallet. Scan to Pay is designed to offer Samsung Galaxy users an alternative to physical cards and make checkout quicker, the tech company announced Friday (Aug. 28). “Scan to Pay is designed...
Digital bank customers are not just more comfortable with new payment experiences. With the right incentives, they also appear more willing than other consumers to move much of their spending to a different payment method. The PYMNTS Intelligence report “Pay by Bank Deep Dive: Digital...
The card-issuing platforms that grew up alongside, and serving, FinTechs are following their customers into businesses that have little to do with issuing another card. There is a common commercial calculation across several examples. Once a company is plugged into a customer’s payments operation, card...
Walmart will soon begin rolling out tap to pay as a payment option at Walmart and Sam’s Club locations, the company said in a Friday (Aug. 21) press release. The retailer will begin enabling tap to pay at select stores and clubs on Monday (Aug....
Digital wallets have made the phone a familiar place to pay. X Money is testing whether a social platform can claim a place in that payment routine. Consumers already have wallets on their phones, stored credentials at merchants and payment apps that reduce the work...
Mastercard is proposing to pay half the amount demanded by Brazilian merchant acquirers that were impacted by the collapse of Will Financeira, also known as Will Bank, a FinTech tied to the failed Banco Master, Bloomberg reported Friday (Aug. 14), citing unnamed sources. In addition,...
Flywire is expanding support for open banking payments in the U.S. and Canada. The expansion, done in partnership with Trustly, is designed to let payers authorize secure, large domestic and cross-border payments from their bank accounts and in their local currency, the payments enablement company said in...
Thredd is working with Cashi to power the stablecoin payments FinTech’s spending and cash-back card. The card program, which is live now in Hong Kong with plans to expand to Mexico in the latter part of this year, lets customers use digital assets to pay for everyday...