Payments/page/4 news and trends

Less Than Half of FinTech Banks Let Consumers Make P2P Payments

May 10, 2024
Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform
Investments // May 10, 2024

Sift Healthcare has raised $20 million in a Series B funding round to grow its artificial intelligence (AI)-powered Payments Intelligence Platform for the healthcare industry. The company will use the new funding from this round, which was led by B Capital, to expand its team and invest...

InsurTech Firm Cover Genius Taps Adyen for Payments Processing
Partnerships // May 09, 2024

InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims to increase the Cover Genius’s authorization rates of online payments by offering local payment methods in the Americas, Europe and...

Consumers’ Click-and-Mortar™ Expectations Shape Shopify’s Future
Earnings // May 08, 2024

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such as Shopify adapt. The commerce platform shared Wednesday (May 8) in an investor presentation accompanying its first-quarter 2024 financial results...

Biometric Wallets Emerge as Payments Modernization Strategy
Payments Innovation // May 08, 2024

As payments go digital, their authentication is getting more organic — literally. One of the latest frontiers in the ongoing evolution of payments is leveraging biometric information for authentication, where the very characteristics of individuals — such as fingerprints, facial features or iris patterns —...

Interviews & Exclusives
Less Than Half of FinTech Banks Let Consumers Make P2P Payments

May 10, 2024
FinTechs must make money mobility a top priority if they want to woo consumers away from traditional banks. While PYMNTS Intelligence’s data confirms FinTechs have made progress in meeting consumer expectations around instant payments, there is still room for improvement. In “FinTechs’ Instant Payment Mismatch,” a collaboration with Ingo Payments, we found that 47% of […]

Biometric Wallets Emerge as Payments Modernization Strategy

May 08, 2024
As payments go digital, their authentication is getting more organic — literally. One of the latest frontiers in the ongoing evolution of payments is leveraging biometric information for authentication, where...

Connected Consumer Data Provides Solid Growth Strategy for Merchants

April 25, 2024
Businesses that use data strategically can unlock opportunities, fuel growth and reduce risk, Jeff Pomeroy, SVP and head of Omnicommerce at Carat from Fiserv, writes in the new PYMNTS eBook,...

Discover Global Network Looks to Customer Shifts to Define Innovation

April 24, 2024
Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they...

Quick Reads
Sift Healthcare Raises $20 Million to Grow Payments Intelligence Platform

May 10, 2024
Sift Healthcare has raised $20 million in a Series B funding round to grow its artificial intelligence (AI)-powered Payments Intelligence Platform for the healthcare industry. The company will use the new funding from this round, which was led by B Capital, to expand its team and invest in its AI, Sift Healthcare said in a Thursday (May […]

InsurTech Firm Cover Genius Taps Adyen for Payments Processing

May 09, 2024
InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims to increase the Cover Genius’s...

MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders

May 07, 2024
Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive practices. MODO, a digital wallet backed by dozens of Argentine lenders, claims that the company forces shoppers to fulfill online purchases...

BoE Urges UK Payment Firms to Upgrade Operational Resilience

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...