Payment Methods

CITCON Rolls Out Cross-Border Payments At Mall Of America

To help Mall of America merchants engage with Chinese consumers, CITCON has teamed up with the shopping complex to offer stores a cross-border...

1.3K

Partnerships / Acquisitions

Ripple’s X-Border Payments Product Secures Three Partners

Ripple’s cross-border payments product xRapid brought on Bittrex to act as the preferred digital asset exchange for its transactions that move through U.S. dollars....

849

Partnerships / Acquisitions

Uber, Zoho Expense Integrate For Biz Travelers

Zoho, the maker of an operating system for businesses, announced on Thursday (Aug. 16) that it will automatically import Uber for Business...

1.1K

Payment Methods

Zelle Eyeing Expansion Into Small Business Payments

Zelle, the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering...

946

Security & Fraud

University Of Florida Researchers Develop Device To Detect Skimmers

Aiming to detect skimmers that are placed on credit card readers, University of Florida researchers Nolen Scaife, Christian Peeters and Patrick Traynor showcased...

1.3K

Payment Methods

Square Makes EMV Transactions Faster In The US

Square, the digital payments company, announced on Wednesday (Aug. 15) that it delivered on its pledge to make EMV transactions faster in the...

953

Cryptocurrency

Coinbase CEO Talks Down Bitcoin Adoption

Bitcoin may be outperforming beleaguered cryptocurrency brethren – but look out below, at least for now. Forbes reports that Coinbase CEO Brian...

483

Today In Data

Today In Data: Matching The Right Solution To The Right Problem

There is always a bit of a matching game going on in payments and commerce: As solutions proliferate, there’s a race to...

2.0K

Consumer Finance

Fintechs Are Going After Borrowers With Poor Credit

FinTechs are going after another financial market void, this time providing loans to customers with low credit scores. According to a report...

1.5K

Payment Methods

How Merchant Link Thinks Hotels Can Maximize QR Code Growth

Alternative payments methods, such as contactless and QR codes, have been growing globally in popularity for the last half-decade or so. However,...

2.0K

Data Drivers

Who Has The Balance Of Power In B2B Payments?

Nearly two years after its launch, Same Day ACH (SDA) credits are being used by nearly half of businesses and government agencies...

1.8K

Banking

Citigroup’s Jud Linville To Leave As Part Of Executive Reshuffling

Citigroup announced Monday (Aug. 13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of...

1.3K

Facebook

Coinbase Loses Facebook’s Blockchain Mentor

In what could be seen as a sign that Facebook’s efforts in the blockchain market are moving ahead, David Marcus, the head...

1.2K

Security & Fraud

Low-Cost Mobile Card Readers Have Security Flaws

Positive Technologies researchers Leigh-Anne Galloway and Tim Yunusov are warning that new lower-cost payment systems could hurt companies because of security flaws...

1.5K

Retail

How Duty-Free Shops Can Tap Into Mobile Wish Lists

Airports can be flooded with passengers at particular times of the day, especially when they are faced with a slew of international...

1.1K

Checkout Conversion

All The Ways Digital Sellers Can Lose Potential Customers

It seems so easy: Pull out a mobile device, or launch a browser on a laptop or desktop computer, and begin shopping...

1.5K

Bitcoin

Why Bitcoin May Not Be Ready For Commerce (Or Starbucks)

Starbucks brewed up a swirl of cryptocurrency intrigue last week. The coffee chain said it is among the companies that will work...

1.4K

Retail

Abercrombie & Fitch Adds Venmo To Mobile Apps

Abercrombie & Fitch is adding Venmo to its app, and the Hollister app, in an effort to bring a payment option geared...

923

Cash

Cash Remains Central To India’s Economy, But Competition Is Growing

Two years in, India is seemingly undergoing “remonetization,” with cash usage growing 10.5 percent and returning to pre-demonetization levels. In fact, use...

2.4K

Retail

WePay’s Aberman: It’s Time For POS Dinosaurs To Die Out

When it comes to the topic of future proofing, WePay Co-founder Rich Aberman told Karen Webster for this week’s edition of Unscripted...

1.4K

B2B Payments

Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

The revelation that U.S. businesses, more often than not, pay their suppliers via paper check still draws quizzical reactions from professionals abroad....

2.5K

Cash

NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the...

1.3K

Retail

How Micro-Fulfillment Centers Help Fill eCommerce Grocery Orders

In the digital age, shoppers are trading the grocery store aisles for online ordering and opting to have their items packed for...

1.7K

Cryptocurrency

Starbucks Isn’t Accepting Digital Tokens As A Payment Method

Starbucks is not accepting cryptocurrencies as a payment method, despite media reports that alluded to that. According to a report in Motherboard,...

3.4K

Bitcoin

Intercontinental Exchange Launches Digital Assets Company

Intercontinental Exchange, owner of the NYSE, announced late last week that it is launching an exchange for digital assets. In a press...

1.7K

Cryptocurrency

Coinbase Launches Crypto Plug-in For eCommerce Merchants

Coinbase has rolled out a new plug-in that allows eCommerce merchants to accept cryptocurrency from buyers. The software works with online stores that use...

2.2K

Faster Payments

How Faster Payments Could Rev Up UK Retail

Retailers say that card processing fees take a bite out of sales. Then why not, asks Marion King, director of payments at...

1.6K

B2B Payments

Payroll Cards No Longer Just For Low-Wage, Underbanked Employees

Payroll cards are an important vehicle to ensure that employees — particularly those who are underbanked and unbanked — are able to...

2.3K

Startup Roundup

Startup Roundup: The Power Of Relationships

Business is often about cultivating relationships – and partnering with the right people at the right time – while offering the right...

1.8K

Startup Check-In

Modo: Interoperability Can Help eCommerce Merchants Work With Wallets

It’s not always easy to tell the difference between the meaning of integrations and interoperability: Integrations are systems connected in the same...

1.1K

Digital Payments

Idaho Inmates Discover Glitch In JPay Credit System

More than 300 prison inmates in Idaho received a quarter million dollars in credits to their JPay accounts by allegedly exploiting a bug...

1.3K

Mobile Payments

Network Issue Causes Payment Card Issues In Finland

Scandinavian payment firm Nets said that clients at some Finland banks reported issues when using their payment cards on Sunday (July 29)....

1.8K

Personnel

Payments Industry Mourns the Passing Of Paya CEO Joe Kaplan

Joe Kaplan, the Electronic Transactions Association’s former board president and Chief Executive of Paya, passed away last week unexpectedly. According to the ETA,...

2.9K

Payment Methods

Chase Pay Customers With Samsung Phones Can Link To Samsung Pay

JPMorgan Chase announced Friday (July 27) that Chase Pay customers with a Samsung Galaxy smartphone can link Chase Pay to Samsung Pay....

2.6K

Data Dive

Making Friends And Influencing People: Walmart, eBay And Theranos

A visit to a local bookshop (or to Amazon, more realistically for many of us) and a brief perusal of the self-help...

1.4K

Cryptocurrency

Key House Member Seeks More Oversight Over Crypto ICOs, Trading

A key member of the House Financial Services Committee said Congress needs to create more oversight for cryptocurrency, specifically surrounding the “muddied...

2.8K

Earnings

Discover Sets Pullback in Personal Loans, Touts Strong Q2 Results

Discover Financial Services Inc. reported an increase in second quarter earnings as the credit card issuer had strong loan and revenue growth...

2.4K

Digital Payments

Wordapp Uses Payments To Keep The Text Flowing

The digital economy doesn’t depend on just numbers and images. Words still matter. Companies need lively product descriptions and online ad copy,...

2.3K

Global Payments

Paytm Says It Didn’t Share User Data With Investors

Paytm, a digital payment company out of India, said Thursday (July 26) that it didn’t share user data with investors or any...

1.3K

News

Five At Five: Equifax Q2 Earnings Disappoint

Welcome to the Five at Five your late look at the payments and commerce news of the day. Coverage includes Equifax reporting...

1.2K

Payment Methods

ACH Network Payment Volume Jumps 6.2 Percent In Q2

NACHA — The Electronic Payments Association announced Wednesday (July 25) that debit and credit transactions totaled more than 5.7 billion in the second...