Digital Payments

Digital payment is a way of payment which is made through digital modes. In digital payments, payer and payee both use digital modes to send and receive money. It is also called electronic payment.

Fed Money Sending System Goes Down For Hours

Fed Money Sending System Goes Down For Hours
Fed Money Sending System Goes Down For Hours
February 24, 2021  |  Digital Payments

The Federal Reserve system allowing financial institutions (FIs) to send money back and forth was down for several hours on Wednesday (Feb. 24), CNBC reported....

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Mastercard, Deutsche Bank Team On Digital Payments Innovation For Businesses
Mastercard, Deutsche Bank Team On Digital Payments Innovation For Businesses
February 24, 2021  |  Digital Payments

Mastercard and Deutsche Bank are linking up to develop “innovative digital payment solutions for companies.” According to a press release, the collaboration will target businesses,...

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NY Fed Economists: ‘This Time is Different’ Compared To Great Recession
NY Fed Economists: ‘This Time is Different’ Compared To Great Recession
February 24, 2021  |  Economy

No two recessions are exactly alike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  
B2B Companies Navigate Tricky Cross-Border Marketplaces And Payments  
February 24, 2021  |  B2B Payments

Say the words “online platform,” and most people in the payments and commerce business will instantly rattle off a few marquee names: Amazon. Airbnb. Alibaba....

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NMI Expands Into Omnichannel Payments With USAePay Acquisition
NMI Expands Into Omnichannel Payments With USAePay Acquisition
February 23, 2021  |  Acquiring

Payments enablement firm NMI has acquired the payments solutions company USAePay to offer their joint customers more choices, NMI announced in a press release on...

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Square Earnings Focuses On Cash App (And Bitcoin)
Square Earnings Focuses On Cash App (And Bitcoin)
February 23, 2021  |  Earnings

For Square, the (earnings) song may remain much the same, at least this time around. To that end, the Cash App, digital payments and, of course,...

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New Paths To Growth In Retail And Digital Payments
New Paths To Growth In Retail And Digital Payments
February 23, 2021  |  Today In Data

Kohl’s has caught the eye of real estate investors looking to ride the chain to new heights, starting with a boardroom coup. In retail subscriptions, new data shows...

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Study: Credit Union Digital Innovations Need To Reflect New Member Demands
Study: Credit Union Digital Innovations Need To Reflect New Member Demands
February 23, 2021  |  Credit Unions

Who’d have believed it? Credit unions (CUs), often thought of as behind the digital transformation curve, actually pulled ahead of it. All of that work...

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Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
Lloyds Bank Brands Can Use Mastercard’s Open Banking Connect 
February 23, 2021  |  Payment Methods

Lloyds Bank credit card holders, including Halifax and the Bank of Scotland, can now use Mastercard’s Open Banking Connect to transfer funds, make withdrawals and...

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