Insurance industry payment platform One Inc says Columbia Insurance Group has adopted its digital payments solutions. Columbia Insurance Group (CIG), specializing in property and casualty insurance for small and mid-size businesses, will now begin using One’s PremiumPay and ClaimsPay solutions, for both inbound and outbound payments, the company announced...
Citigroup’s fourth-quarter earnings results were part of a trend in banking reports Wednesday (Jan. 15), where consumer spending continued to drive momentum on cards, the macro backdrop was resilient, and, for Citi, there was particular growth in the movement toward digital payments and banking. The...
Fresh innovations are taking shape across the cryptocurrency and blockchain landscape. From stablecoins gaining traction as mainstream payment mechanisms to increasing regulatory scrutiny and advancements in blockchain interoperability, the industry’s evolution is both rapid and multifaceted. In the FinTech space, this can be seen by...
For years, crypto has had its adherents and investors. But it was never truly taken seriously by the traditional financial sector and its composite institutions, the U.S. regulatory desert aside. As evidenced by a Monday (Jan. 13) report from the Federal Reserve Bank of Atlanta,...
January 13, 2025
Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central bank instant payments mandates and modernized infrastructure in Brazil have also moved the needle to the point where the region is arguably moving faster toward digital transformation than anywhere else […]
January 10, 2025
In the modern business landscape, adopting open payments platforms is no longer optional; it’s a necessity. A PYMNTS Intelligence report, “Three Things You Need to Know About Open Payments,” a...
January 06, 2025
The newest update to the Payment Services Directive, PSD3, has been two years in the making, and final guidelines are expected to come this year. While the changes will be...
January 06, 2025
Small- to medium-sized businesses (SMBs) must balance customer demand and seamless operation. “It’s important that businesses make sure they’ve got the right technology in place to ensure that their front-end...
January 16, 2025
Synchrony is giving certain customers access to the Pay Later feature of Apple Pay. The offering lets customers pay according to the standard terms of their credit card or use a promotional offer that includes fixed monthly payments, Synchrony said in a Thursday (Jan. 16) press release. The program is open to eligible members of […]
January 16, 2025
Insurance industry payment platform One Inc says Columbia Insurance Group has adopted its digital payments solutions. Columbia Insurance Group (CIG), specializing in property and casualty insurance for small and mid-size businesses, will now begin...
January 14, 2025
CertifID acquired Paymints.io to expand its capabilities for helping the real estate industry transact securely. The acquisition adds Paymints.io’s solution that enables digital money transfers by title companies, law firms...
January 13, 2025
New York’s state financial watchdog launched a resource-sharing partnership with the Bank of England. The Transatlantic Regulatory Exchange (TRE) lets the New York Department of Financial Services (DFS) and other...
