payments

Payments, B2B, Digital, ACH, Bank Transactions, and In-App purchases.
40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases
40% of Bank Customers Still Don’t Trust Online Authentication When Making Purchases
December 15, 2023  |  Authentication

In today’s digital era, banking customers are asserting more control over their financial security and no longer relying solely on their banks to protect their...

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Global Payments Denies Report of Acquisition Talks with Shift4
Global Payments Denies Report of Acquisition Talks with Shift4
December 14, 2023  |  Acquisitions

Global Payments, a payments company based in Atlanta, was reportedly considering an acquisition of Shift4 Payments, a provider of an end-to-end commerce solutions headquartered in...

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FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
FedNow Closes 2023 With 300-Plus FIs Using Instant Payments Network
December 14, 2023  |  Faster Payments

The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. The service launched in July with 35 participants, and is expected...

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ConnexPay Adds Canadian Dollars to Virtual Card Offering
ConnexPay Adds Canadian Dollars to Virtual Card Offering
December 12, 2023  |  Payment Methods

Payments platform ConnexPay has added acquiring in Canadian dollars to its virtual card issuing offering. The expansion lets ConnexPay customers process payments in Canadian dollars (CAD), according...

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Airbnb and Klarna Expand Pay Over Time Program to UK
Airbnb and Klarna Expand Pay Over Time Program to UK
December 11, 2023  |  BNPL

Airbnb continues the phased global rollout of its Pay Over Time with Klarna option, launching it in the United Kingdom. The online marketplace for lodging...

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TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
December 11, 2023  |  Acquisitions

TikTok is reportedly investing $1.5 billion in Tokopedia to salvage its Indonesian eCommerce efforts. The company is set to take a controlling 75.01% stake in Tokopedia, the eCommerce arm of Indonesia’s GoTo...

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Visa: Network Tokenization Shifts eCommerce Away From the Account Number
Visa: Network Tokenization Shifts eCommerce Away From the Account Number
December 11, 2023  |  Digital Payments

Physical commerce, via face-to-face, card-present payments, is largely a smooth experience, Swee-May Ngeow, vice president of North America client strategy and solutions at Visa, told...

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Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
December 08, 2023  |  Payment Methods

The news that Amazon will stop taking Venmo payments prompts much speculation as to the why behind it all, roughly 14 months since the 90...

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Citi Teams With FreedomPay to Offer Payments Choice at Checkout
Citi Teams With FreedomPay to Offer Payments Choice at Checkout
December 07, 2023  |  Payment Methods

Payments platform FreedomPay has teamed with Citi to enable Citi Pay products at point-of-purchase. “This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing...

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