Payment Methods

Tuition Payments Made Intuitive And Even On The Fly(wire)

School bells ring, school cash registers ring and cross-border payments can zing — if the right regulatory boxes are not checked off. Flywire’s...

Google

Google Tracker: Making Allies And Enemies

ExpensiveWall A massive malware campaign infiltrated Google Play last week, sending fraudulent text messages and charging up to 21 million people for...

1.4K

Digital Payments

Premiere Food Service Partners With USA Technologies For Cashless Transactions

USA Technologies, a payment technology provider of cashless and mobile transactions in self-serve retail, announced on Monday (Sept. 18) a strategic agreement...

Apple Pay

P2P Payments Coming To Apple Watch In The Fall

Peer-to-peer payments are coming to the Apple Watch this fall with the release of iOS 11 and watchOS 4. On its website,...

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Apple Pay

Didi Riders Can Now Use Apple Pay for Ride Sharing

Didi, the Uber of China (and, in fact, the local service that gobbled up Uber China last August), has added Apple Pay...

Partnerships / Acquisitions

Ant Financial Resubmits To CFIUS For MoneyGram Buy Approval

Ant Financial, the Chinese payment unit of Alibaba, is gearing up to resubmit to the U.S. its application to purchase MoneyGram International....

Cash

In Asia Pacific, Cash Usage Swell With Growth of ATMs

In the Asia-Pacific, cash is fighting tooth and nail with emerging digital payment methods and is seemingly winning the race. The region...

Today In Data

Today In Data: Same Day ACH

In a recent interview with PYMNTS’ Karen Webster, Jane Larimer, chief operating officer at NACHA, said the financial services industry has done much...

Today In Data

Today In Data: Devastation From 2017 Hurricanes

Natural disasters are horrifically destructive events, and Hurricanes Harvey and Irma were no exception in terms of economic loss. With some affected...

Dubai Financial Services Authority The Latest To Warn Against ICOs

The Dubai Financial Services Authority (DFSA) warned investors on Wednesday (Sept. 13) that initial coin offerings (ICOs) are complex and risky, joining a growing list...

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UK’s New Payment Systems To Be Delivered By Year’s End

The Payment Systems Regulator (PSR) and Bank of England (BoE) announced Wednesday (Sept. 13) that the Payment System Operator Delivery Group (PSODG)...

1.2K

China’s Internet Finance Association Urges Members Not To Trade Cryptocurrency

The Internet Finance Association of China urged members Wednesday (Sept. 13) to avoid trading virtual currency or providing services that have to...

Security & Fraud

Synthetic Identity Theft On The Rise

A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new...

JPMorgan’s Dimon Calls Bitcoin A Fraud

Bitcoin can add another naysayer to its list: JPMorgan Chase & Co. chief executive Jamie Dimon. According to a report in Reuters, Dimon recently...

EU Finance Ministers To Meet To Find Ways To Lure FinTechs

European Union (EU) finance ministers are gearing up to hold talks next week centered on finding ways to lure more FinTech companies their way,...

Digital Payments

Russia To Regulate Cryptocurrencies, Says Finance Ministry

At the same time that China is reportedly gearing up to shut down bitcoin exchanges in the country, Russia is moving to...

2.6K

Global Payment Card Numbers Rise To 14B As Debit Card Issuance Grows

A new study has found that the number of payment cards issued globally reached 14 billion last year and is predicted to...

653

Visa Names Bank Of England Executive To Head European Operations

Payments processor Visa announced Thursday (Sept. 7) it has named Charlotte Hogg as the new executive vice president and chief executive officer...

2.9K

Groupon Launches Rewards Program For Visa, Mastercard Foodies

Daily deal website operator Groupon announced Thursday (Sept. 7) the launch of Groupon+, a free to claim, cash back restaurant deals platform....

2.0K

Helping QSRs Shake FOMO

Don’t hang the pictures on the wall or fix the siding until you know the plumbing works. According to Karen Webster, that’s...

2.3K

Visa And BillDesk Bring Bharat QR To More Than 300M Consumers

Payment processor company Visa and BillDesk, an India-based electronic payments provider, announced Wednesday (Sept. 6) they had successfully enabled 50 large service...

KICKICO, Metaverse Foundation Collaborate On Russian/Chinese Cryptocurrency Projects

KICKICO, the Russian cryptocurrency company, announced in a blog post Wednesday (Sept. 6) that it has inked a strategic alliance with Metaverse...

American Express To Launch Blue Delta SkyMiles Credit Card

American Express (Amex) is gearing up to launch the Blue Delta SkyMiles credit card, aiming to court consumers who do not fall...

980

BOA Adds More Customization To Its Mobile App

Bank of America (BOA) announced Wednesday (Sept. 6) it had launched a series of updates to its mobile app to provide more...

London Police Chief Wants A Cap On Contactless Payments Amount

The head of the London Police department is calling for a limit on contactless card payments to prevent an increase in card...

3.8K

GasBuddy: Making Friends On Both Sides Of The Gas Pump

In the aftermath of Hurricane Harvey, huge swaths of Texas ran out of fuel. Customers were sitting in milelong lines at a...

4.5K

Where In The World Is Alipay?

Where in the world is Alipay? At this point, pretty much everywhere Chinese tourists might want to go, with most of Europe...

1.3K

Amazon

Amazon Tracker: Where The Customers Are

Amazon is meeting its customers where they are. In the U.K., the eCommerce giant is letting shoppers load up their accounts using...

2.3K

Security & Fraud

No Place For Hate Group Transaction Laundering

Agree or disagree with the Second Amendment, there’s nothing wrong with a website selling goods like hats and t-shirts to people who...

1.4K

ResTech

Bezos Vs. Ma: Who’s Ahead In Grocery?

Those who prophesied the death of brick-and-mortar retail in favor of online alternatives may have been premature. Sure, merchants without an online...

2.0K

OCBC Launches Android Keyboard For P2P Payments

Singapore-based OCBC Bank has reportedly rolled out an Android-based keyboard enabling users to make peer-to-peer (P2P) payments. According to a report in...

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Retail

Middle East Online Marketplace Slowly Taking Shape

eCommerce has become a natural part of life in many parts of the world, but that hasn’t been the case in the...

3.4K

Bitcoin Cash Creates New Tax Headache For Investors

Bitcoin Cash, the result of a recent split off of the digital currency, gave bitcoin owners an equal amount of Bitcoin Cash...

Retail

Amazon Tracker: Slashing Prices On Echoes And Avocados

A Toast To Lower Avocado Toast Prices Good news for the housing market: After Amazon’s acquisition of Whole Foods is finalized on...

Banking

Wells Fargo Selects Beverly Anderson To Run Cards And Retail Services

Wells Fargo announced Thursday (Aug. 24) it has named Beverly Anderson as head of its cards and retail services. The bank noted...

Ridesharing

Uber Relaunches Visa Rewards Program

On Wednesday (Aug. 23), ridesharing platform Uber announced the relaunch of Visa Local Offers, a rewards program giving Uber riders around the...

Estonia Gearing Up To Launch Its Own Cryptocurrency

Estonia is gearing up to launch its own virtual currency and turning to Vitalik Buterin, the founder of cryptocurrency Ethereum. According to...

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Security & Fraud

Slowing Down Fraud When Payments Speed Up

There’s much to look forward to as the September rollout of Phase 2 of Same Day ACH (Debit Pull) looms, but David...

1.7K

Nintendo And PayPal Partner To Enable Switch Purchases

Nintendo is partnering with digital payments company PayPal, enabling customers to use PayPal to make purchases on the Nintendo Switch and its...

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Ridesharing

Uber Driver Tips To Hit $50 Million

Ridesharing mobile app platform Uber rolled out the ability to tip drivers through its app back in June and has already seen positive results...

2.2K

USA Technologies Logs Record Revenue In Latest Quarterly Results

USA Technologies (USAT), which provides payment technology for cashless and mobile transactions in the self-serve retail market, has reported quarterly revenue of $34.3 million...

Cash

Down Under, Cash Remains Steady

Cash and contactless payments in Australia are all up in each other’s grills (er, barbies) over small-value transactions. And, according to the...

3.4K

ResTech

What QSRs Can Learn From Stadium Concessions

Are you ready for some football? Not until you’ve got snacks and a beer in hand — a process that will cost you...

TSYS Inks Partnership With National Golf Course Owners Assn.

TSYS, the payment processor, announced Wednesday (Aug. 16) that it has been named the official payment processing partner of the National Golf...

3.9K

SEC To Regulate Bitcoin ICOs, Token Sales

The Securities and Exchange Commission is getting into the bitcoin market, saying it will regulate the popular digital currency and other cryptocurrencies. According...

Personnel

Citi Names Gonca Latif-Schmitt As Head Of Commercial Cards Unit

Citigroup announced news on Tuesday (Aug. 15) it had appointed Gonca Latif-Schmitt as the global head of its commercial cards business. In...

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Retail

The Sky’s The Limit For Kenyan Online Marketplace Sky.Garden

Africa is getting its own version of Amazon. Or at least, Nairobi, Kenya, is, with potential to one day see this marketplace...