We are in the midst of a payments ecosystem renaissance. There have never been more ways to send and receive money, and those ways available have never been more streamlined, secure, fast or convenient. But that doesn’t mean that it is time now for payments...
PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that have shaped business in 2023. Their responses show critical trendlines to watch in the new year. Rob Cameron, global head of...
Visa is acquiring a majority interest in Mexican payments processor Prosa to expand digital payment adoption in that country. The agreement, announced Friday (Dec. 15), will see Prosa continue to operate as an independent company with its own infrastructure, though Visa will expand Prosa’s offerings with new digital...
Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov. 1) blog post. This license allows the business-to-business (B2B) payment infrastructure provider, which supports over 2,500 platforms and marketplaces worldwide, to...
February 08, 2024
We are in the midst of a payments ecosystem renaissance. There have never been more ways to send and receive money, and those ways available have never been more streamlined, secure, fast or convenient. But that doesn’t mean that it is time now for payments players to rest on their laurels. Rather, the changing payments […]
October 27, 2023
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow® Service and RTP® (Real-Time Payments) have changed the...
October 24, 2023
The innovations shaping the payments industry are moving in real time. And increasingly so, too, is money itself. “What we’re seeing from a product perspective is a lot of focus...
March 07, 2023
Bringing enterprise IT departments to the modern age to combat legacy systems from dragging an enterprise is vital to an organization’s survival. While other departments might be able to scrape...
April 30, 2024
Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank of England (BOE) said there is still work to be done. In a speech Tuesday (April 30), Mills said these companies — FMIs, as she calls them — need to […]
December 17, 2023
Visa is acquiring a majority interest in Mexican payments processor Prosa to expand digital payment adoption in that country. The agreement, announced Friday (Dec. 15), will see Prosa continue to operate as an...
November 01, 2023
Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov. 1) blog post. This license allows...
March 23, 2023
Payment infrastructure provider Mangopay has acquired Dublin-based payment orchestration platform WhenThen. The acquisition enables Mangopay to scale its payment offering and offer platforms enhanced by pay-in capabilities, intelligent payment routing,...
