January 13, 2021In today’s top news, Visa opted out of its acquisition of Plaid after the DOJ sued over antitrust concerns, and Billtrust is expected to start trading today after completing its ...
January 13, 2021The pandemic was a crushing blow for SMBs, with many of them pushed to the edge of survival and beyond. Still others rolled up their sleeves, pivoted their business models ...
January 12, 2021Visa has suspended all political donations for the time being, Reuters reported on Tuesday (Jan. 12).
The payments giant said it had suspended the donations as it reviewed its candidate contribution guidelines.
“Visa does ...
January 12, 2021Visa has opted out of its $5.3 billion planned acquisition of Plaid after objections stemming from a Department of Justice (DOJ) antitrust lawsuit, The Wall Street Journal (WSJ) reported.
The antitrust ...
January 8, 2021Roughly 8 million stimulus check Visa debit cards are being mailed to households this week, the U.S. Treasury Department said in a press release on Thursday (Jan. 7).
The Economic Impact ...
January 6, 2021In today’s top payments news around the world, i2c has been selected to power Pakistan’s inaugural digital-native financial super app, while Orange Bank has purchased neobank Anytime. Plus, Neat recently ...
January 5, 2021Neat said Tuesday (Jan. 5) that it has become a member of the Visa network and will issue its own Neat Visa card for Hong Kong-incorporated companies. The FinTech can ...
January 1, 2021The consumers who shopped for anything from groceries to sporting goods to cars in December of 2019 are completely different from the ones who shop today. Not only have they ...
January 1, 2021We can’t put a final lid on the year 2020 without addressing the big issues, such as how we changed, what we learned, what’s coming back and what will never ...
December 31, 2020This year is one for the history books for all sorts of reasons, not all of them bad. For cryptocurrencies, 2020 shaped up to be a banner year.
And as we ...
December 30, 2020The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the ...
December 24, 2020At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper ...
December 24, 2020If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks.
It ...
December 23, 2020Visa will continue its ban on payments processing for Pornhub, but will allow the use of its cards for some of parent company MindGeek‘s other properties, Reuters reported.
“Following a thorough ...
December 23, 2020Corporate card innovators are digging their heels deeper into markets in which card penetration is relatively low, with solution providers hoping to link businesses to card benefits like enhanced cash ...
December 17, 2020First things get miniaturized, then mini things get combined with other mini things to make something (slightly) bigger than the sum of its parts. So it is with connected digital ...
December 17, 2020The dust is not settled. But things are not as bleak as they once were. Main Street businesses are optimistic about their longer-term survival — meaning that they believe their ...
December 16, 2020The company that bills itself as a “business in a box” for truckers has closed a Series A funding round of $20.5 million. CloudTrucks made the announcement on Wednesday (Dec. 16), ...
December 16, 2020The Visa Foundation has launched several new initiatives aimed at providing nearly $5 million in capital to minority-owned small and micro-businesses (SMB) to help them weather the ongoing COVID-19 pandemic.
The ...
December 15, 2020Real-time rails continue to gain traction as solution providers debut new tools wielding existing instant payment infrastructure to enhance their offerings to business customers.
Increasingly, those value-added services are not only ...
December 14, 2020In today’s top payments news around the world, Chase Bank and Mastercard have joined forces with Air Canada to debut the airline’s Aeroplan credit card in the U.S., while Mexico ...
December 14, 2020To roll out an in-depth collection of digital payment offerings for business customers, United Arab Emirates (UAE) financial institution First Abu Dhabi Bank (FAB) has teamed with Visa, according to ...
December 14, 2020Visa will be working with Access Bank on a new debit card for small- to medium-sized businesses (SMBs) in Nigeria, according to a Vanguard Media Limited report.
The intent is to ...
December 14, 2020 Consumers’ daily lives look very different now than they did just one year ago. So-called “office workers” no longer commute to offices or work traditional 9-to-5 jobs, and most Americans ...
December 11, 2020Mastercard and Visa won’t be processing payments for Pornhub anymore, Reuters reported, with the two payments giants citing reports of the numerous videos posted on the site of sexual assault ...
December 11, 2020Although much of the 2021 holiday season will be very different than anything that came before it, some of the changes are easier to anticipate than others.
Discussing the most recent ...
December 10, 2020Bank software and payment tech company FIS is launching a token management service in a partnership with Visa.
The Worldpay from FIS token management service will connect directly with Visa Token ...
December 10, 2020Mobility relies on connections. The less one gets around while transacting, the lesser the need for a multitude of apps and devices supporting “anywhere commerce.” And as much as lockdown ...
December 10, 2020When the pandemic hit, disruptive changes in the workforce meant chief financial officers needed new corporate payment solutions — and they needed them fast.
But for B2B payment solution providers, the ...
December 9, 2020In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the ...
December 9, 2020In payments, speed is everything. So, it’s no surprise that in a fireside chat with PYMNTS Karen Webster, Visa’s Alan Koenigsberg, global head of new payment flows at Visa Business ...
December 7, 2020 The map of the average workday is changing amid the pandemic, and consumers’ shopping habits are changing along with it. Working professionals across the United States have done away with ...
December 6, 2020Mastercard is investigating the website Pornhub.com after a withering New York Times column alleged it hosts videos of children and adults being sexually assaulted, Reuters reported.
Visa later announced it was ...
December 3, 2020Today in B2B payments, Visa embraces the USDC digital currency for corporate payments. Plus, Basware enhances its accounts payable (AP) offering, CardUp eases commercial card adoption, Kofax adds new AP ...
December 3, 2020Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. In this week’s look at payment ...
December 3, 2020The pandemic has significantly altered the way consumers of all age groups and income levels shop and pay, with many turning to online and mobile channels to reduce health risks. ...
December 2, 2020Visa is linking its 60 million-merchant-strong international payments network to the U.S. Dollar Coin (USDC), which Circle Internet Financial built, Forbes reported.
Visa will provide a credit card that allows companies ...
December 2, 2020P97 Networks and Cybersource, Visa’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management ...
December 1, 2020Visa saw more growth in payments in November, including a 27 percent spike in online payments, a filing from the U.S. Securities and Exchange Commission (SEC) stated.
In addition, debit use ...