Ross McFerrin, vice president of enterprise growth at Trustly, told PYMNTS in an interview that some fundamental questions are being asked about open banking. What exactly is it? How does it work? What’s in it for the merchants? “And the question we get asked the most...
Acquired.com, a United Kingdom FinTech, has debuted a tool to help merchants offer open banking payments. The payments specialist’s Hosted Checkout solution lets merchants accept credit and debit cards, Apple Pay, Google Pay and open banking payments through a single integration, according to a Monday (Sept. 4) press release....
Indian eCommerce and payments firm Paytm debuted a new payment acceptance tool for merchants. Card Soundbox lets merchants accept mobile and card payments using the company’s Soundbox with “tap and pay” capabilities, according to a Monday (Sept. 4) company blog post. “We have found that merchants and consumers...
China’s technology giants have reportedly begun enforcing new rules governing app publishers. Mobile app stores operated by companies like Tencent and Xiaomi have begun blocking app publishers from debuting new apps if they haven’t made proper disclosures to the authorities, Reuters reported Monday (Sept. 4). New rules introduced last month...
Continental is the latest car company to incorporate Google technology in its products. The partnership will see the auto supplier add Google Cloud services to its vehicle dashboard system, letting drivers ask the automobile for help, Reuters reported Monday (Sept. 4). The two companies demonstrated the technology at the IAA Mobility show...
Germany’s banking regulator has reportedly closed off parts of its website following a cyberattack. BaFin took defensive measures following the attack Sept. 1, which restricted access to the website, Bloomberg reported Monday (Sept. 4). The organization was working to restore full access. The site appeared to be down...
Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or rewards for online purchases and bill payments. In the ‘New Payment Options: The Lure of Payment Method Rewards’ report, PYMNTS...
Tesla is reportedly leading its rivals in receiving federal grants for electric vehicle chargers. According to a Saturday (Sept. 2) report by the Wall Street Journal (WSJ), Elon Musk’s car company is installing chargers faster than other companies, and claims to do so at substantially...
Consumers prefer to pick up their restaurant meals, but where they purchase them is no longer as clear-cut. Kroger has been crowned the nation’s top sushi seller, with consumers purchasing more than 40 million pieces from the grocery chain per year. The top title comes as Kroger...
