Innovation is touching all corners of wholesale activities in banking, as financial institutions (FIs) serve up a range of cash management, payment solutions and other services for their corporate clients. The industry, of course, is moving from batch to real time in a transformation that...
It has been another exciting week in payments, particularly for those following the bouncing crypto ball this week, as the price of the world’s best known cryptocurrency plunged following the latest crypto crackdown in China. And pullbacks were something of a theme of the week, as AT&T...
Amid the great digital shift, cross-pollination is key. United States Information Services (USIS) Chief Revenue Officer and Equifax Senior Vice President of Global Partnerships Joy Wilder Lybeer said retailers and FinTechs can learn from one another as they collaborate with the consumer in mind. She...
Financial services company Plaid announced Thursday (May 20) it has formed a partnership with Square to help U.S merchants process automated clearinghouse — ACH — payments without having to hold onto sensitive banking info. “Now merchants can accept ACH payments through Square Invoices and developers...
A little extra confidence goes a long way when it comes to the consumer shopping experience. It can often make the difference between an abandoned shopping cart and a consumer purchase conversion. It is also why a backpack on Amazon that costs less than $30...
Debit is beloved by the masses, still standing as an original bastion of spend control even as the digital transformation of payments rolls on with shiny new tools and toys. Happily, debit is keeping up with pandemic-era payments trends, and even pulling ahead in some...
The digitization of commerce is helping to digitize card issuance – and, by extension, is leading Marqeta to Wall Street. As noted in this space, Marqeta’s IPO could value the firm at as much as $10 billion. The company’s business is focused on issuing debit and...
It’s been an exciting week in payments, but then the payments and commerce world is always something of a never-a-dull-moment environment. But even by local standards the week was one to watch as bitcoin suffered a mini-bust on the news that Tesla will no longer...
Monterey-Salinas Transit (MST) will now allow bus riders to pay fares using contactless solutions, becoming the first California transit agency — and the first system outside a major metropolitan area — to offer tap-to-pay fares, according to a press release emailed to PYMNTS. MST will...
