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 game for both consumers and businesses when it comes to the choice, flexibility and security...
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 on faster payments,” Keith Vander Leest, head of payments at Cross River, told PYMNTS as part of...
The phrase “seamless checkout” has been used so much to describe so many things that the meaning has gotten foggy. But given what’s at stake, this murkiness is far from optimal for consumers and merchants, and it’s the kind of thing Deepak Sharma, vice president...
In this month’s “Embedded Finance Tracker®,” Sofiat Abdulrazaaq, CEO at on-demand food truck marketplace Goodfynd, explains why a reliable payment partner is the first step to bringing value to a small business, including new sources of capital.
November 22, 2023
The demand for real-time payments is soaring, with The Clearing House’s RTP® network, the flagship real-time payment system in the United States, now serving 65% of all demand deposit accounts in the country. Experts predict that the transaction volume for real-time payments in the U.S. will reach a staggering 8.9 billion by 2026, a huge […]
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...
February 20, 2020
Freelancing has become an attractive source of income to a wider percentage of Americans in recent years, with 36 percent having conducted ad hoc work either part-time or full-time. The...
September 15, 2021
The fraud protection company ClearSale has raised $254 million through its July 30 initial public offering (IPO) on Brazil’s B3 stock exchange. The Miami company made the announcement on Wednesday (Sept. 15), saying that it had realized $147 million from the IPO. ClearSale plans to devote half of that money to support organic growth, with […]
January 29, 2020
Secure payments provider PCI Pal launched a new digital service on Tuesday (Jan. 28) that will let organizations offer ultra-secure payments across a multitude of channels, from social media to...
September 24, 2019
SWIFT and Microsoft have partnered with Bank of New York Mellon (BNY Mellon) to finalize the trial of Cloud Connect, a new payments solution, BNY Mellon announced in a press...
May 30, 2019
Visa said this week that as acceptance of EMV cards has gained traction in the U.S., counterfeit fraud, measured in dollars for these card present transactions, has dropped precipitously. The...
