Digital services have become par for the course in modern payments and banking. Issuers, processors and acquirers are all taking note, particularly as the risks of relying on legacy infrastructure systems to power their networks are becoming more apparent in the face of emergent, cloud-based...
Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in early 2023, its Commercial Banking and Corporate and Investment Banking clients in the U.S. will be able to utilize the...
Today in B2B payments, new partnerships are bringing new solutions to customers. Orbit and Axletree have teamed up to offer a comprehensive treasury solution, while TSYS and Extend are working together to enable banks to offer virtual cards with spend management solutions to their business...
Saying some businesses want to modernize payments but don’t want to leave their trusted bank, TSYS has partnered with Extend to enable banks to offer virtual cards with spend management solutions to their business customers. The partnership brings together Extend’s issuer-agnostic virtual card and spend...
December 12, 2024
It seems like everything is moving to the cloud — from data to infrastructure — as companies seek to cut costs and scale their operations. In financial services, that means bringing new products and payments to new markets and users as new ecosystems take shape, especially as artificial intelligence gains prominence. It was a topic […]
June 07, 2023
Digital services have become par for the course in modern payments and banking. Issuers, processors and acquirers are all taking note, particularly as the risks of relying on legacy infrastructure...
February 04, 2022
The word “fraud” is a deceptively simple term covering a growing variety of sophisticated crimes, including identity fraud, account takeovers (ATOs) and so-called friendly fraud. The pandemic-driven shift to digital...
December 17, 2018
In Canada, credit cards hold sway, the preferred method of payment across any number of settings. Here’s why paying with credit has been a long-term trend that looks set to...
January 04, 2023
Santander Bank said it’s working with Global Payments on a card offering for corporate clients. In a LinkedIn post on Wednesday (Jan. 4), Santander said that starting in early 2023, its Commercial Banking and Corporate and Investment Banking clients in the U.S. will be able to utilize the corporate payment card issued by Santander through TSYS, a Global […]
August 22, 2021
As tens of thousands of fans watched the WWE SummerSlam, a nationwide payment system outage rocked the boat. Because of that, vendors were unable to complete transactions in the cashless...
December 10, 2020
TSYS, a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. Krebs said the attackers have said...
September 02, 2020
As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. 2) that it has partnered with TSYS, a global payments FinTech that allows shoppers...