Lloyds Bank is teaming up with Mastercard to launch PayFrom Bank, a solution that gives people the power to make direct payments to merchants from their bank accounts. Mastercard’s open banking merchant solution offers freedom of choice to both sellers and consumers when it is time...
Say what you will about the world of payments and commerce, it’s never boring as every week brings a new slew of issues to the table. And last week was no exception as the great challenger bank disruption started looking away from consumer banking in...
The pace of recovery has been inconsistent worldwide, with widespread vaccinations opening up the doors to life on the outside in places like the U.S., while slow distribution and the rapid spread of the Delta variant is keeping others on lockdown. That unevenness has had...
The last year has seen eCommerce take off in an explosive way across verticals as the entire world has woken up to its many merits. Those who had been holdouts before are finally coming around. It’s a change, CellPoint Digital’s Global Head Of Payments Mark...
Earlier this week, the Reserve Bank of India decided to bar Mastercard Asia/Pacific Pte. Ltd. customers from its network due to non-compliance with local data storage rules. As Business Standard noted, this news caused shares of RBL – a private bank in the country –...
Mastercard is rolling out PayPort+, a next-generation real-time payments gateway, powered by Vocalink and technology partner Form3. The new solution offers easy entry into the U.K.’s real-time payments infrastructure for financial institutions (FIs) and payment service providers (PSP). “Now more than ever, people and businesses...
As much as consumers are out and about and heading back into stores, Citcon President and COO Wei Jiang told PYMNTS, they’re not the people and customers today as they were in early 2020. After a full year of shopping remotely and having goods delivered...
Propel, a FinTech that builds technology to help lower-income Americans manage their finances, launched a new app today (July 14) that combines digital banking with government benefits management. The new app, called Providers, integrates Propel’s Fresh EBT app and includes a Mastercard debit account, called...
Square wants to make it easier for people to make payments with a new iPad point-of-sale terminal, Bloomberg wrote Tuesday (July 13). Customers will be able to more easily tap to pay in the participating stores. This will be a new version of Square Stand,...
