When it comes to connected technology, consumers don’t move in lockstep. Instead, they fall into three distinct camps that reveal not only what devices they own, but how they live, shop and pay. The PYMNTS Intelligence report “How People Pay: Consumer Preference for Connected Technology”...
Chase is encouraging its customers who receive paper checks from the government to enroll in direct deposit as the U.S. Treasury’s Sept. 30 deadline for the phaseout of paper checks for most federal payments nears. In a Wednesday (Aug. 27) press release, the bank suggests...
Web3 money app Wirex now supports near real-time settlements using Circle’s euro-backed stablecoin, EURC. This capability is enabled by Visa’s stablecoin settlement pilot, with which Wirex is now live after completing a testing phase, the companies said in a Wednesday (Aug. 13) press release. With the integration of...
Money transfer company Wise says it is taking part in Google’s new remittance offering. The collaboration, announced Tuesday (Aug. 12), will let American consumers use Wise’s services on Google Wallet online or by searching for select currency exchange rates on Google Search. This feature is...
Watch more: Deluxe Snaps Up CheckMatch from Kinexys by J.P. Morgan to Scale Payments Network The check may not be dead, but the envelope is increasingly optional. Payments and data company Deluxe on Tuesday (Aug. 5) said it has purchased CheckMatch, a service that digitizes the delivery of...
Nuvei has expanded its clearing and settlement platform to include the U.S. and Canada. “Modernizing our North American infrastructure with our proprietary clearing and settlement capabilities is a major milestone for Nuvei,” Phil Fayer, chair and CEO of the Canadian FinTech, said in a Thursday (July...
Localized payments provider Boku has received a new license from Brazil’s central bank. The payment institution license, announced Wednesday (July 30), allows Boku to operate as a payment initiator and e-money issuer in Brazil, setting the stage for the company to make the country’s Pix Automático instant payment system...
PagBrasil and Verifone are bringing Brazil’s popular real-time payments system Pix to the U.S. The partnership between the two payments technology firms involves launching an in-store, alternative payment method that lets Brazilian shoppers pay in Brazilian Reais using Pix while shopping in the U.S., the...
Blue Remit and TerraPay have partnered to create a remittance experience that they said is faster, more transparent and compliant. This collaboration enables real-time payouts to bank accounts, mobile wallets and cards globally, they said in a Monday (July 14) press release. The solution is enabled...