Margaret Keane, the CEO of Synchrony Financial, the biggest provider of store credit cards, said the card industry will be keeping a close watch on how Goldman Sachs handles its partnership with Apple in regards to the newly announced Apple Card. Get the Full Story...
Visa said this week that as acceptance of EMV cards has gained traction in the U.S., counterfeit fraud, measured in dollars for these card present transactions, has dropped precipitously. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Nordic’s P27, a bank-owned initiative to create a common payments platform across the region, is looking into buying Swedish clearing payment firm Bankgirot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Rumors of the death of cash – as in complete extinction – are greatly exaggerated. Even as digital payments gain ground, cash still remains part of the payments landscape – and its place may be permanent. Get the Full Story Complete the form to unlock this...
Aiming to make it easier for people to commute, Google Pay announced Thursday (May 23) it has added New York City’s Metropolitan Transportation Authority (MTA) to the list of transit agencies that enable commuters to pay for rides through Google Pay. Get the Full Story...
Square, the digital payments company, is getting into the CBD market, launching a payment processing service for the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
In several emerging nations, where disposable income may be on a general uptrend, lumpy though that trend may be, as cash use is stable or declines, then spending via credit and debit cards also rises. Get the Full Story Complete the form to unlock this article...
Instant payments is an innovation that doesn’t require much explanation. Getting immediate access to money is an obviously better solution than waiting for the check to arrive in the mail, or constantly refreshing a mobile banking app to see if transferred funds have been cleared for use. Get the Full Story Complete the form to...
In moves that could put a stop to cashless stores, two legislators brought bills forth in Congress to make business accept cash payments. U.S. Representative David Cicilline (D-RI) introduced a bill dubbed the Cash Always Should Be Honored (CASH) Act and U.S. Representative Donald Payne...
