Payment

Payments infrastructure provider Transaction Network Services (TNS) has launched payment and network solution Complete Commerce.  As the company noted in a Tuesday (April 16) news release, enterprises need to deliver user-friendly, reliable ...

Financial infrastructure platform Stripe has launched a payments partnership with retail group URBN. The collaboration, announced Tuesday (April 16) will see is designed to offer a more consistent checkout experience for customers making online ...

“The only thing we can count on is uncertainty,” Albert Einstein once observed. And while the statement is universal, and applies to pretty much any endeavor in life, uncertainty is an ...

The Bank of England is studying the use of new technologies to enhance both retail and wholesale payments functionality. While the central bank has been focused on establishing regulatory regimes for the use ...

For account-to-account (A2A) payment providers, PYMNTS Intelligence research finds, education continues to present a huge barrier to adoption. By the Numbers A2A payments, which bypass the middleman to move money quickly from ...

The jury is still out as to how artificial intelligence (AI) will affect jobs in the financial services industry. But if the past six weeks have shown anything, it is ...

Deutsche Bank Global Head of Embedded Finance Solutions Matthaeus Sielecki told PYMNTS that embedded finance is transforming verticals as far-flung as retail and logistics. Payments are now being actively merged into ...

Wirex says it is creating a decentralized autonomous organization (DAO) for its payment platform WPay. The project is designed to give users the opportunity to play a larger role in shaping the future of ...

Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called Pay360, which the companies say is ...

Forage now provides retailers with an omnichannel Electronic Benefits Transfer (EBT) processing solution. The payment processor has expanded into in-store EBT processing, a service that joins the online EBT processing it has ...

When it comes to payment solutions, merchants today have a growing number of options. But all the options in the world don’t translate to business success, and the integration of ...

The Clearing House said its CHIPS system saved participants $4.9 billion in 2023. Those savings were derived from the CHIPS (Clearing House interbank payment system) liquidity savings algorithm to the tune ...

Payments platform ConnexPay has named industry veteran Ben Peters as its new CEO. Peters, who has spent two decades in the payments and vertical software space, will replace ConnexPay founder Bob Kaufman, who is moving into the ...

More than half of all Americans live in a state that has legalized marijuana. All the same, legitimate cannabis businesses still find themselves dealing with the same problem as drug dealers ...

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports of a possible acquisition emerged. “This transaction ...

Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform. The companies have formed a strategic ...

In life, and in commerce, it is often the little things that matter most. And as digitization changes the world, those little things are getting both smaller and more important ...

Amazon is making it easier for consumers to use its palm payment tool Amazon One. “Until today, customers had to visit a physical location to hover their palm over an Amazon One device to ...

Stripe is now powering payments for retailers using Amazon’s Just Walk Out technology in Australia and Canada. With Stripe Terminal and Stripe Connect enabling in-person payments for retailers using that technology, ...

British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position Thursday (March 21), Navro said in ...

Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still ...

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  From fingerprint scans to facial recognition and iris scanning to pay-by-hand, unique biometric identifiers offer ...

Payment orchestration platform BlueSnap has a new chief executive.  Henry Helgeson, a 25-year veteran of the payments sector and founder of the payments company Cayan (now Tsys), will become BlueSnap’s CEO and help boost ...

Checkout technology company Bolt has launched a partnership with payments solutions provider Checkout.com. The collaboration makes Bolt Checkout.com’s “exclusive one-click checkout provider” with Checkout.com becoming “Bolt’s preferred payment partner,” the companies said in a Monday (March ...

PublicSquare, the self-described “patriotic” marketplace, is entering the payments space. The company announced Monday (March 18) it had hired former Klarna USA CEO Brian Billingsley to serve as president of its ...

Shift4 Payments’ CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value” the payments processor, Bloomberg News reported ...

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6 billion spent in 2023. The investment ...

Canary Technologies has partnered with Adyen to help hotels enable seamless and secure transactions for their guests. The collaboration features the integration of Canary Technologies’ global Guest Experience Platform with Adyen’s global financial technology platform, the ...

Bank payment company GoCardless plans to grow its indirect channel offering with an acquisition of Sentenial, which operates under the Nuapay brand. GoCardless has signed an agreement to acquire the company ...

It is 2024, and the $2.9 trillion cryptocurrency sector doesn’t appear to be going anywhere. That’s despite a 2022 and 2023 that saw the total market capitalization shrink down over half from earlier ...

For businesses at the forefront of their industries, artificial intelligence (AI) has become unavoidable.  An unavoidable certainty, that is.  That’s why, for the past five months, PYMNTS has been sitting down with different ...

PPRO has raised 85 million euros ($93 million) to expand and enhance its local payments platform. The company will use the new funding to grow in key markets and enhance its ...

Stripe surpassed $1 trillion in total payment volume in 2023. That milestone marked a 25% increase from the previous year and meant that businesses running on Stripe accounted for about 1% ...

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink in these digital pages. And as ...

The government of Norway has reportedly proposed rules designed to ensure that consumers can pay with cash. These measures are meant to ensure that those who are reluctant to use digital ...

Acquirers — the financial institutions that provide the infrastructure for merchants and businesses to accept card payments — operate behind the scenes but can play a pivotal role in enhancing ...

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants connect the dots between failed ...

Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two domestic instant payment rails in the ...

Visa and Western Union have formed a new agreement centered on cross-border payments. The expanded partnership, announced Tuesday (March 5), lets Western Union customers send money to loved ones, Visa cards and bank accounts in 40 ...

Among the many payment acceptance tools now available, embedded solutions provided by a variety of payment facilitators (PayFacs) have become increasingly popular among marketplaces and independent software vendors (ISVs), both ...

French payments firm Worldline is projecting slower growth this year as European consumers reduce spending. “With a strong focus on the execution of the transformation plan in a macro environment, we expect to ...

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt the transaction using the same ...

Netflix has begun requiring subscribers with Apple iTunes billing plans to pay Netflix directly. All “members on the basic plan who were using an iTunes method of payment” will need to ...

Making instant payments in the European Union (EU) just became much easier. The European Council on Monday (Feb. 26) adopted a regulation making instant payments available in euros to consumers and businesses in the EU ...

Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.”  The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase in debit and prepaid payment transactions. “Overall, ...