In the United States, money transfer firm TransferWise has launched a Mastercard debit card along with an accompanying TransferWise Borderless multicurrency account. The card is said to work without balance limits in more than 40 currencies and its conversion fees are said to be in...
The 2010s are almost over — get ready for the 2020s. PYMNTS queried 29 payments execs to get a sense of the most important payment innovations of the last 10 years, with ripple effects still being felt. Hindsight is 20/20, and useful as we get...
Bank of America (BofA) announced on Tuesday (June 25) that it’s launching a digital debit card, according to a release by the company. It’s also making other additions to its banking app to help customers handle their finances while they’re on the move. “This digital...
JPMorgan has announced the launch of its E-Customs Payment Solution, making it the first foreign bank in China to fully digitize and automate cross-border payments of goods. While importers in China must provide supporting documents to their banks before making payments to overseas suppliers, the...
As key shopping experiences along the customer journey such as checkout and payment are often the most complex and critical for developers to tackle, Magento has integrated Braintree into its default Venia Progressive Web Applications (PWA) storefront. The company noted that the offering provides an...
Shares in Western Union have fallen on Tuesday (June 18) on the news that Facebook is going to release a new cryptocurrency called Libra, according to a report by CNBC. Western Union stocks fell 1.7 percent, making the company one of the worst performing ones...
Uber is expanding its services and moving toward providing financial products, according to a report by CNBC. The company has reportedly been hiring numerous product managers and engineers. Its new FinTech team could ultimately have more than 100 workers. Uber is taking advantage of New...
Push payments have been a topic of conversation in the developed world for the last several years, across verticals and use cases. Riding the card rails in reverse has unlocked new opportunities to enable more efficient payments to policyholders from insurance companies, from consumers and...
Mobile food ordering has quickly gone from niche activity to mainstream. Between 2016 and 2018, the volume of orders placed through mobile apps grew by 130 percent, according to PYMNTS’ Mobile Order-Ahead Tracker. Mobile represents roughly 60 percent of all digital restaurant orders today. This...
