Imprint has raised $130 million at a valuation of about $1.9 billion. The bet is that brands will need their own payment cards to hold on to customers as artificial intelligence agents take over more of the shopping. The New York company builds co-branded credit...
Visa and Global Payments have teamed with AviaGames to help players receive payouts faster. The partnership, announced Thursday (Nov. 12), lets the mobile gaming company’s U.S. players get payouts directly to their Visa cards. AviaGames says it is part of its efforts to provide its...
Watch more: Need to Know With Troy Mann of FIS Card issuers once had more time to introduce products, process transactions and tell customers what had happened to their money. FinTechs helped shorten that timetable. Consumers accustomed to real-time digital services don’t necessarily understand why...
For companies embedding payments into their products, the biggest operational risk may be that the technology succeeds, particularly when embedded payments succeed beyond even the expectations of the business. The problem, according to the October edition of PYMNTS Intelligence’s Business Payments Tracker Series, “Built to...
Third-quarter earnings results and a European bank launch show where FinTechs are finding room to expand. Existing customers are taking up more products and sending more payments through providers they already use, while a digital bank tested its offering locally before opening in a new...
Watch more: Need to Know With Mural’s Sinclair Toffa As stablecoins, real-time payment networks and artificial intelligence converge, financial infrastructure providers are confronting the fact that competitive questions are now becoming architectural ones. But building a system in which software can initiate transactions across borders,...
Watch more: What’s Next in Payments With Maverick Payments’ Bill Christensen The human who approves a merchant account may eventually review fewer files, but the cases left on that person’s desk will demand more judgment. For Bill Christensen, senior vice president of risk and underwriting...
Watch more: Your Payments Got Smarter. Did Your Infrastructure? Faster payments compress the time available to catch a bad transaction, reconcile an exception or determine whether the party moving money is who it claims to be. Speedier payments put more pressure on infrastructure that customers...
The most useful thing an executive learns all year may be that a familiar measure of success is pointing in the wrong direction. Faster customer service can mask processes that create unnecessary work. More financial information can leave consumers less confident. More automation can move...