Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. In a press release, Samsung said cardholders on specific programs issued and managed by PFS in the U.K. can...
Truth exists in the gaps. Yes, that sounds like a lazy stab at wisdom — more like a parody of a pretentious mission statement than anything worth the attention of PYMNTS readers — but those five words do, indeed, say so much. For instance, why are...
ACI Worldwide, a real-time payment and banking company, has partnered with Solutions By Text, a Dallas-based automated texting company, to allow companies to receive payments through text, according to a release by ACI. ACI’s UP Bill Payments service is combining with Solution by Text’s software...
NatWest, the U.K. bank, is kicking off a test in which customers can use biometric fingerprint technology for card payments. According to a report in CNBC, citing NatWest, about 200 customers will participate in the pilot, with each of them able to use a fingerprint...
It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. However, the way payments innovation...
Global payments and receivables company Flywire enjoyed strong growth in 2018 that it plans to carry into this coming year and over $10 billion in total payments volume. Some of the company’s achievements last year included raising $100 million in new funding, expanding its presence...
To help keep the prices of food and drinks low, the Mercedes-Benz Stadium in Atlanta is about to become cashless. Only credit cards, debit cards and mobile payments will be accepted at the venue beginning on March 10, Bloomberg reported. With the change, the costs...
Consumers who rent a vacation home through Airbnb must trust that the keys will be there for them upon arrival, as much as the host must trust that they’ll be paid in a timely manner, and that their property won’t be damaged. As the sharing...
Visa and Planeta said on Monday (Feb. 25) that they have launched new technology that speeds contactless payments for mass transit and lowers the cost for transit organizations and operators to offer that payment option. In a press release, the companies said the Visa Secure...
