Interoperability in payments — paying anyone, anywhere, no matter the network — remains a Holy Grail in payments. And interoperability is a work in progress. But bit by bit and app by app, cross-border, cross-network and cross-wallet compatibility is being forged. This week, PayPal and Venmo...
Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.” The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase in debit and prepaid payment transactions. “Overall, organic transaction growth for January 2024 vs. the same period in 2023 is...
Innovation begets further innovation. And the emergence and adoption of real-time payment rails represent a significant advancement in the U.S. payment infrastructure, transforming the way financial transactions occur and benefiting both financial institutions and end users. With speed, security, and 24/7 availability, the potential for...
Change can happen slowly, and then suddenly all at once. And the B2B payments space is increasingly moving away from the incremental drip of change toward the full-on sprint of modernization. That’s because B2B payments are no longer the staid and traditional sector money movement...
January 25, 2024
Innovation begets further innovation. And the emergence and adoption of real-time payment rails represent a significant advancement in the U.S. payment infrastructure, transforming the way financial transactions occur and benefiting both financial institutions and end users. With speed, security, and 24/7 availability, the potential for future payment innovations is endless. That’s why PYMNTS sat down […]
May 05, 2022
Nearly three-quarters of working United States millennials are now involved in their companies’ purchasing, operational and organizational decisions. The same priorities driving their business-to-consumer (B2C) payment choices — convenience, flexibility,...
April 07, 2020
Everyone wants to build a smoother, faster and more efficient financial services journey — that isn’t a point of disagreement or friction. Few are investing energy in building taller silos...
February 26, 2024
Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.” The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase in debit and prepaid payment transactions. “Overall, organic transaction growth for January 2024 vs. the same period in 2023 is up 18% while BNPL [buy now, pay later], corporate spend […]
November 14, 2023
B2B Software-as-a-Service (SaaS) platform VerityPay has launched with a new pay-by-text tool for businesses. The new offering lets businesses make payments through text or SMS straight into customers’ digital wallets, such as PayPal and Venmo....
August 29, 2023
Bank of America has launched its Global Digital Disbursements solution in Canada. This solution aims to support business-to-consumer (B2C) payments and consumer-to-business (C2B) request for payments, providing a cost-efficient and customer-friendly alternative to...
