Ryft, a payment platform for marketplaces and digital platforms, has partnered with American Express. “We are now enabling our merchants within the UK to accept payments from Amex Cards,” Ryft said in a Thursday (March 14) post on LinkedIn. This partnership will increase payment flexibility for eCommerce...
Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments provider to offer this service in the country, the company said in a Tuesday (Feb. 20) news release. Direct local acquiring...
For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient. And as management noted in a press release and on an earnings call discussing the fourth quarter of 2023, demand has been strong for security and authentication...
The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. In the wake of a Federal Reserve Open Board meeting Wednesday (Oct. 25), nothing’s set in stone yet, and a commentary period’s underway....
May 02, 2024
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry. Continued uncertainty in the market and our geopolitical landscape is one of the few things that we can be certain of. How businesses navigate turbulence and start […]
February 16, 2023
The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital payments service provider Paymob, that...
February 19, 2020
Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach akin to trial and error, conducted by lone...
January 31, 2020
In the 21st century, for businesses across many verticals, disruption comes at the speed of digital. That’s especially true of the travel industry, where a “mobile-first” mentality and the emergence...
March 14, 2024
Ryft, a payment platform for marketplaces and digital platforms, has partnered with American Express. “We are now enabling our merchants within the UK to accept payments from Amex Cards,” Ryft said in a Thursday (March 14) post on LinkedIn. This partnership will increase payment flexibility for eCommerce merchants in the United Kingdom, allow more digital platforms to […]
February 20, 2024
Canadian FinTech firm Nuvei is expanding its Latin American presence with the launch of direct local acquiring capabilities in Colombia. This makes Nuvei the first global payments provider to offer this service...
October 13, 2022
Astra, which works with finance transfer technology, has announced a Series A funding round that netted it $10 million, a press release said. The company offers a “lightweight API integration”...
April 21, 2022
Global card issuing platform Marqeta is introducing a new product suite the company said will help customers that use its card-issuing platform fight fraud — a problem expected to generate...