May 14, 2024
Open-Loop Payments Help Advance Smart City Innovation
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an...
May 13, 2024
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform
Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI)...
May 06, 2024
India Proposes CBDC That Can Function Offline
India’s central bank wants its digital currency to be available without internet access. “One of the key features of cash is that it works offline,” Reserve Bank of India (RBI) Governor Shaktikanta Das said...
May 05, 2024
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has increased its long-term forecasts for...
May 03, 2024
Integrated Health Metrics Unlock New Frontier for Connected Wellness
In the wake of Peloton’s restructuring efforts that come amid a decline in user engagement and a shrinking user base, the connected fitness industry finds itself at a critical juncture. While Peloton’s actions shed light on sectoral...
May 02, 2024
Worldpay Launches Tap-to-Pay Offering for Merchants
Payment facilitators (PayFacs) using Worldpay’s services can now offer their merchants tap-to-pay on iPhone. The payments technology firm said in a Thursday (May 2) press release that two of its PayFac...
May 02, 2024
Chase Debuts Tools for Small Business Payment Pain Points
Chase introduced a series of payments-oriented tools aimed at small- to medium-sized businesses (SMBs). The new tools include offerings to help SMB owners electronically create and send invoices and gain better insight into customers, the banking...
May 02, 2024
Payment Networks Spotlight Rise of Tokenization and Contactless Payments
Four years ago, the pandemic began to give wings to contactless payments. Now, as shown by earnings results from the likes of Mastercard and Visa, the payment methodology has taken flight. PYMNTS Intelligence data...
May 02, 2024
Mastercard Expands Start Path Program to Boost Payment Acceptance
Mastercard has welcomed six startups to its Start Path program focused on improving payment acceptance. “The ability to accept electronic payments has been critical to shaping the future of commerce...
