JPMorgan Chase says its Mastercard-powered pay-by-bank tool has officially gone live. The offering, which combines Mastercard’s open banking technology and J.P. Morgan Payments’ ACH capabilities, lets merchants offer customers the ability to pay directly from their bank accounts, the companies said in a news release provided to...
“There are so many payments companies out there today,” Casey Bullock, Citcon’s new CEO, told PYMNTS’ Karen Webster. “And many of them try to do too much. They try to do end-to-end payouts or end-to-end issuance,” he added. No single firm can be all things...
What if you could have items delivered by drones? That’s the latest battleground between Amazon and Walmart as both retail giants take to the skies to establish dominance in the delivery game, each with their own unique approach. Amazon’s most recent venture into drone delivery...
Amazon and Microsoft have joined forces to protect consumers from impersonation scams, marking the first time these industry leaders have collaborated to combat tech support fraud. Recently, Amazon, Microsoft, and the Central Bureau of Investigation (CBI) in India took action against perpetrators of technology support...
Transaction Services, a leader in payment processing, has partnered with Silverflow, a cloud-based payment processing platform, to enhance the management of customer payments, the companies announced Thursday (Oct. 19). The partnership aims to provide current and new clients with more capabilities and efficiency in payment...
J.P. Morgan Payments has chosen Trulioo, a leading identity verification platform, to combat fraud and other financial crimes for its clients, according to an announcement Thursday (Oct. 19). The partnership aims to support a simplified and frictionless payments experience worldwide. Ryan Schmiedl, Managing Director –...
The Consumer Financial Protection Bureau’s open banking rule is a rough draft. And much may change between the Thursday (Oct. 19) announcement of its new open banking proposal and what gets finalized, possibly as soon as next year. But the overarching themes — those of...
BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integrates eCommerce. The luxury vehicle company announced Wednesday (Oct. 18) that, starting Jan. 1, it will sell the brand’s automobiles in Italy,...
Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. The tool, announced Thursday (Oct. 19), is a “holistic fraud engine” offering real-time payment risk mitigation controls to FinTechs and financial brands, the company said in a news release. “In the fight against fraud,...
