Category: Mobile Banking & Payments

March 16, 2022

Margaret Sheils says she knows enough to know she needs a credit card, but the Gen Zer takes a cautious approach to using it. “For me, that’s just always been a fear, of spending money I don’t have,” said Sheils, […]

February 22, 2022

While deep fakes may seem like a niche problem reserved for celebrities, politicians or other high-profile individuals, their rapid growth may bring the issue into the mainstream. The term “deep fake” refers to AI-generated content— often pornographic — that features […]

February 16, 2022

A fintech that facilitates ACH payments is leveraging Discover Financial Services’ network to get more consumers on board with paying merchants directly from their checking accounts. Teaming up with Discover, Atlanta-based digital payments infrastructure platform Buy It Mobility (BIM) Networks […]

January 14, 2022

Buy now-pay later use in the U.S. climbed to an all-time high during the 2021 holiday season, but its novelty may have begun to wear thin. According to a Jan. 12 Bank of America analyst report, total U.S. buy now-pay […]

January 5, 2022

The payments industry last year racked up more than $50 billion in deals worldwide, making it one of the busiest years ever for deal-making, according to two firms that tracked the acquisition activity. The merger and acquisition data firm Dealogic […]

December 1, 2021

Al Kelly believes there has been a permanent shift in how consumers worldwide pay for goods and services. His 91-year-old parents are a prime example. The CEO of payments processing giant Visa recently visited his mother just after she’d finished […]

November 5, 2021

Digital payments companies have been transforming the financial industry in recent years as companies and consumers sought easier, faster payment methods. The COVID-19 pandemic supercharged the trend as companies and consumers increased their use of such tools from home offices […]

October 25, 2021

The best mobile payment apps offer a simple way to make and send payments using your smartphone. Mobile apps providing contactless payments have become common since the introduction of Near Field Communication (NFC), turning individual smartphones into the equivalent of […]

September 20, 2021

The buying spree for the payments industry continued last week with two more deals that demonstrate the industry is continuing to buy up rivals and startups to drive growth. Fresh off of raising $300 million in new venture capital, the […]

September 14, 2021

The payments industry is poised for a record-breaking year in acquisitions as fintech startups and COVID-19 drive business change for large legacy players. Merger and acquisition research firm Dealogic recorded 125 acquisitions through early September, before a recent spate of […]

August 4, 2021

BNPL providers are rushing to the U.S. market as brands and retailers build the option into shopping experiences. The domestic market is still seen as relatively new by international players, making it a frontier for potential growth. Just this week, […]

July 28, 2021

SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an […]

July 22, 2021

As the pandemic has popularized contactless payments, companies have begun looking to streamline the process and provide merchants with better technology, like turning a smartphone into a payments processing unit. Mobile point-of-sale (mPOS) is the use of a mobile phone […]

July 20, 2021

B2B payment delays can crush a small business in any industry. Often considered a cash flow problem of larger corporates waiting longer to pay their small suppliers in an effort to protect their own financial positions, delayed B2B payments create […]

July 19, 2021

Like the rest of the financial services sector, the payments industry is on alert about a rise in cybersecurity incidents, a concern that has only become more acute as the world economy adjusted to the Covid-19 pandemic. Large industry players […]

June 21, 2021

PayPal is set to raise fees for some of its most widely-used products, including digitial payments and Venmo, as it looks to bring them in line with other e-commerce products and services around today. The changes will mean that US […]

June 14, 2021

So-called “buy now pay later” services such as Klarna are due for a significant rise over the next few years, with a market cap set to reach $995 billion by 2026, new predictions have said. A report from Juniper Research […]

May 28, 2021

Parthenon Capital Partners, FTV Capital and Great Hill Partners are among firms that carved out a niche investing in payments companies years ago, but they’re not so alone anymore. A wave of private equity, venture capital and hedge funds have […]

May 25, 2021

The Los Angeles-based company provides BNPL payment options in stores and through online channels for auto-repairs and elective health services. The company aims to disrupt the $216 billion auto-repairs market and $330 billion dental, eyewear, and elective healthcare industries that […]

May 17, 2021

IRIS Software Group has teamed up with Western Union Business Solutions to offer simplified global payroll and payments solutions worldwide. In an international partnership that will span five years, the deal aims to meet growing demand for international cross-border payroll […]