Payments FinTech KindCard says it plans to purchase banking platform OpenTransact. The company has signed a letter of intent connected to its potential acquisition of OpenTransact, Kindcard announced in a Tuesday (Jan. 2) news release. The release noted that KindCard provides alternative “closed-loop” payments solutions...
Recent studies conducted by PYMNTS Intelligence have unveiled a significant opportunity that gaming and hospitality companies are missing out on — the chance to monetize instant payouts. As noted in a recent study conducted by PYMNTS Intelligence, “Generation Instant: Gamers and Winnings,” reveals that gaming companies...
Austin, Texas, platform operator Invoiced has launched a business-to-business (B2B) invoicing network, expanding its solution from accounts receivables to accounts payables (AP). According to Jared King, CEO at Invoiced, “no matter how well you structure it, the conventional AP process includes many tedious steps that...
Chief financial officers (CFOs) are waking up to the importance of electronic B2B payments, but deciding to ditch the paper check is only part of the battle. What comes next can be a challenging and confusing process of understanding which electronic payment methods to adopt,...
November 20, 2019
A new version of the card skimmer resides on eCommerce checkout pages, where fraudsters steal consumers' data as it is entered. The newest sinister iteration of JavaScript skimming, Pipka, disappears from the merchant site after the data is stolen — meaning that it's tough to follow a fraudster's trail. David Capezza, senior director of payments systems intelligence at Visa, tells PYMNTS what is next in skimming — and how merchants can gird against the bad guys.
April 17, 2019
Fraud evolves as the bad guys do, trying to stay one step ahead of technology and risk management efforts. Jack Bloch, SVP SW engineering at ACI Worldwide, tells PYMNTS that...
October 18, 2018
Mastercard said Wednesday (Oct. 17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making...
August 31, 2018
Merchants must manage billions of tokens – easier said than done. Nitin Prabhu, PayPal’s senior director of issuance, tokenization and loyalty platform, offers a hint of history, provides perspective on concept...
January 07, 2024
Will the G20’s campaign for faster payments have unintended negative consequences? A new report by the U.K.’s Future of Financial Intelligence Sharing (FFIS) said plans to make digital payment systems faster by 2027 ignore the risk of heightened vulnerability to financial crime and money laundering. As PYMNTS has written, the G20 nations have goals for cross-border payments […]
January 02, 2024
Payments FinTech KindCard says it plans to purchase banking platform OpenTransact. The company has signed a letter of intent connected to its potential acquisition of OpenTransact, Kindcard announced in a...
June 27, 2023
Austin, Texas, platform operator Invoiced has launched a business-to-business (B2B) invoicing network, expanding its solution from accounts receivables to accounts payables (AP). According to Jared King, CEO at Invoiced, “no...
January 23, 2020
FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the...
