The U.K.’s Faster Payments Service is steadily nibbling away at the British equivalent of the U.S.’s ACH funds-transfer system, but it’s rapidly displacing checks, according to February statistics from the U.K. Payment Council reported by Cash & Treasury Management File. Get the Full Story Complete...
Nasdaq’s X-stream trading technology system is finding a new use: Powering a forthcoming New York-based digital currency marketplace aimed at Wall Street traders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Gone!, a six-month-old platform for selling used goods, has cut a deal with UPS that has let it expand nationally, TechCrunch reported on Tuesday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Square is making its latest move on the Small Business marketplace with another card processing service aimed at making it easier for SMBs to ditch checks in favor of cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
“Everybody’s talking and no one says a word,” wrote John Lennon in his popular “Nobody Told Me,” song from 1984. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Western Union announced yesterday (March 23) that it’s struck a deal with Hyperwallet, a global mass payments platform, to integrate its technology into Western Union’s payments system through its Western Union Business Solutions division. Get the Full Story Complete the form to unlock this article and enjoy...
The rate of global mobile money transfers continues to increase at a steady rate as the percentage of mobile remittances in 2014 doubled between January 2014 and January 2015, according to new research from Azimo, a mobile money company. Get the Full Story Complete the form to unlock...
The Federal Trade Commission is launching a new research office to do deeper dives into privacy, new payment methods and the Internet of Things (among other things), the FTC announced in a pair of blog posts on Monday (March 23). Get the Full Story Complete...
Almost one in six iPhone 6 and 6 Plus users have switched from Android phones, and more than a third of U.S. iPhone 6 owners are using Apple Pay, according to a Cowen & Company survey of 3,000 iPhone 6 users and prospective customers reported...