Interoperability has long been a guiding principle for the European payments ecosystem. A kind of mantra that has weathered the rollercoaster of European political (dis)integration, payment systems interoperability promises to deliver smoother cross-border trade and a more frictionless experience for consumers as they travel around...
Banking technology platform Thought Machine is launching cloud-native cards and payments processing on the Mastercard network. Built from the ground up, Thought Machine’s Vault Payments is a cloud-native payments processing platform that is scalable, configurable and operates in real-time, according to a press release on...
After taking a hard look at publicly available information plus app usage data to which we have access, PYMNTS assigns a score to each app. This is done each month, and then we release the Provider Ranking of Credit Card Apps. This time, the leader...
Disbursements have become part of consumers’ lives like never before in the United States. Millions of consumers and small businesses have received government stimulus and small business assistance payments in response to the economic downturn caused by the coronavirus pandemic, while others are getting paid...
December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and straight-through processing (STP) capabilities to Canadian businesses. In a recent […]
May 12, 2020
There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in...
June 07, 2022
Banking technology platform Thought Machine is launching cloud-native cards and payments processing on the Mastercard network. Built from the ground up, Thought Machine’s Vault Payments is a cloud-native payments processing platform that is scalable, configurable and operates in real-time, according to a press release on Tuesday (June 7). “We have built Vault Payments entirely from […]
November 04, 2019
Discover has announced it will start issuing contactless cards over the next several months. “Contactless technology has become increasingly popular with our cardmembers and more accepted by merchants worldwide, and...
August 23, 2019
A new bank account designed for international students was launched in the U.S., FinTechFutures reported on Friday (Aug. 23). North Loop is offering checking accounts and debit cards with partner...
May 10, 2019
Card payments in Germany, a traditionally cash-forward country, have surpassed cash payments for the first time in history, according to reports. A survey by EHI Retail Institute showed that last...
