payments

Payments, B2B, Digital, ACH, Bank Transactions, and In-App purchases.
Only 17% of Subscription Firms Track Failed Payments Despite Bottom Line Damage
Only 17% of Subscription Firms Track Failed Payments Despite Bottom Line Damage
March 17, 2023  |  Subscriptions

Failed payments are the kryptonite of conversion, and as such require a more systematic approach to preventing them. The “Decision Guide: Tracking Failed Payments,” a...

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FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
March 17, 2023  |  Regulation

A United Kingdom regulator has cautioned payments firms that it expects their controls to be “sufficiently robust.” The Financial Conduct Authority (FCA) sent a letter...

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Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
Visa Says Adoption of Open-Loop Transit Payments Is at a Tipping Point Worldwide
March 17, 2023  |  Transportation

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only...

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Tamara Secures Debt Financing to Expand BNPL in GCC Region
Tamara Secures Debt Financing to Expand BNPL in GCC Region
March 16, 2023  |  Investments

Tamara has secured $150 million in debt financing for its shopping and payments platform. The firm, which serves consumers in the Gulf Cooperation Council (GCC)...

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FedNow Scheduled to Launch In July
FedNow Scheduled to Launch In July
March 16, 2023  |  Faster Payments

The Federal Reserve has a launch date for its long-awaited payments service FedNow. The U.S. central bank announced Wednesday (March 15) that the service will...

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MrBeast Burger Taps In-Car Payments to Boost Convenience
MrBeast Burger Taps In-Car Payments to Boost Convenience
March 15, 2023  |  Restaurant innovation

As restaurants remove payment friction to drive digital sales, MrBeast Burger is leveraging in-car capabilities. Tech provider Mavi.io, which creates in-car ordering and payment features,...

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US Merchants Fall Behind Other Nations in Digital Feature Awareness
US Merchants Fall Behind Other Nations in Digital Feature Awareness
March 15, 2023  |  Retail

U.S. merchants are at a crossroads, as shoppers seek the digital features and experiences they’ve grown to expect, but often can’t find even when available,...

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Failed Payments Hit Health and Fitness Subscription Sector Profit Margins Most
Failed Payments Hit Health and Fitness Subscription Sector Profit Margins Most
March 14, 2023  |  Subscriptions

Retail has enjoyed some spending bumps over the past few months, and grocers are still seeing business, even as many shoppers trade down. However, the...

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Healthcare Providers Turn to Embedded Finance to Help Underserved Patients
Healthcare Providers Turn to Embedded Finance to Help Underserved Patients
March 10, 2023  |  Healthcare

As consumers struggle to pay for essentials, a long-used retail solution could help patients get much-needed care. Even before inflation took hold of consumer’s wallets,...

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