Inertia is a powerful, if unhelpful, force in business. A process doesn’t necessarily have to be good or useful to get a contingent of people attached — it just has to be around long enough for those people to get used to it. Get the...
UnionPay International (UPI), a cross-border payments company based in China, has signed an agreement with Latin American bank NIBank to bring payment solutions, including prepaid cards, to the region. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
SnapPay, the Canadian cross-border payments company, and Alipay, the Chinese digital payments platform operated by Ant Financial Services, announced a collaboration Wednesday (March 6) that will enable Canadian Chinese grocery chain FoodyMart to accept Alipay. Get the Full Story Complete the form to unlock this...
The U.S. Faster Payments Council (FPC), which was launched by the Fed in November, announced on Wednesday (March 6) its 20 founding sponsors, which include a range of players in the payments industry. Get the Full Story Complete the form to unlock this article and...
The NFC Forum, the standards and advocacy association for Near-Field Communication (NFC) technology, released its NFC Money Transfer Candidate Specification (NMT) on Tuesday (March 5), giving payment service providers and consumers the chance to use available NFC payment solutions as an alternative to QR codes. Get...
Barclaycard, the U.K. payment company, announced Tuesday (March 5) that it has inked a new partnership with UnionPay International, a unit of China UnionPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, The Wall Street Journal reported on Thursday (Feb. 21). The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business....
To streamline FinTech, and to help consumers and businesses transact in the ways they desire, firms must move beyond the silo approach. FinTech still exists as a fragmented market, where businesses striving to offer payment services to end users pick and choose among providers, integrate...
Western Union has rolled out a new payment option that will let international Amazon.com customers pay in their respective country’s currency, the company announced in a press release. The service is being offered in 10 countries, including Chile, Peru, Colombia, Hong Kong, Thailand, Taiwan, Philippines,...
