For merchants looking to enhance customer engagement and maintain a competitive edge in a highly competitive market, loyalty programs are a vital asset. In fact, these programs, many tied to store or co-branded credit cards, can be used as a strategic tool to keep cardholders...
Dwolla, an account-to-account payment services provider, has expanded its Dwolla Connect solution by integrating it with the open finance ecosystem. This integration allows Dwolla Connect clients to securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers,...
The Bard penned it best about payments, and specifically pay-by-bank: “If it be not now, yet it will come: the readiness is all.” In reality, those words were, and eternally will be, uttered by Hamlet. They’re applicable to the state of pay-by-bank, as account-to-account transfers...
Paysend, a card-to-card and international payments platform, and Western Union, a provider of cross-border money movement and payment services, have partnered on cross-border money transfer services. This collaboration aims to provide seamless and efficient cross-border money transfer capabilities to customers using Western Union’s digital platform, the...
Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food workers, which will see employees earning a minimum of $20 per hour starting on April 1, CNBC reported Monday (Oct....
Real-time payments network operator The Clearing House (TCH) has a new chief product officer. Margaret Weichert, who comes to TCH following a stint as North American payments practice lead for Accenture, will lead product development for TCH’s payments networks, the company said in a Monday (Oct. 30) news...
Walmart is celebrating the re-grand opening of 117 remodeled stores across the United States Monday (Oct. 30), marking the largest single-day rollout of re-grand openings in its history. It’s the latest step in a process in which Walmart has invested over $9 billion to upgrade...
As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential of speed and lower costs demands interoperability. Regulations and frameworks are still emerging, and there are a number of private...
Singapore-based digital travel platform Agoda expanded its partnership with Mastercard to enhance B2B payments within the travel and tourism industry. The collaboration aims to address the increasing digitalization of the sector and streamline transactions between digital travel platforms, hotels, airlines, suppliers and vendors globally, the companies said in...
