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Category: Mobile Banking & Payments


Finance Tech, Mobile Banking & Payments

Mastercard to be dinged by Discover deal

February 21, 2024

Via: Payments Dive

Mastercard is likely to suffer the biggest competitive blow in the card network industry if Capital One absorbs Discover Financial Services, shifting debit and credit payment flows to its newly acquired network. The deal is still subject to regulatory approvals […]


Finance Tech, Mobile Banking & Payments

Global Payments may pare operations

February 15, 2024

Via: Payments Dive

Global Payments has attracted headlines this week over potential acquisitions it might make, but in an earnings call with analysts CEO Cameron Bready was more ready to talk about parts of the company that might be pared. In addressing “potential […]


Finance Tech, Mobile Banking & Payments

Fear of credit card debt adds fuel to Buy Now, Pay Later

December 21, 2023

Via: NBC News

The explosion of “Buy Now, Pay Later” services has set off alarms that consumers are desperate, rushing into the largely unregulated installment loans after running out of mainstream credit options. While that’s the case for plenty of BNPL users, industry […]


Finance Tech, Mobile Banking & Payments

BNPL to drive $17B in online holiday spending: Adobe

October 6, 2023

Via: Payments Dive

Adobe’s research builds upon previous reports indicating that consumers might lean on buy now, pay later services to stretch their holiday budgets. Adobe predicts that shoppers will spend $782 million via BNPL on Cyber Monday, exceeding the $658 million spent […]


Finance Tech, Mobile Banking & Payments

Deluxe to offer direct-biller payment services

September 28, 2023

Via: Payments Dive

Deluxe’s collaboration with Aliaswire marks its continued transition from checks to digital payments. In 2021, Deluxe CEO Barry McCarthy noted that the check division comprised about a third of the business. In July 2022, McCarthy said he anticipated the company’s […]


Finance Tech, Mobile Banking & Payments

BNPL regulation requires balancing act

June 7, 2023

Via: Payments Dive

Back in September, the U.S. Consumer Financial Protection Bureau issued a report suggesting that companies like Klarna and Afterpay might be subject to stricter oversight in the future. As the CFPB prepares to release new regulatory guidance on BNPL providers, […]


Finance Tech, Mobile Banking & Payments

Paysend charges into US market

May 12, 2023

Via: Payments Dive

Paysend joins a crowded field of cross-border payments competitors that are increasingly tapping new payment rails for faster cross-border services. Offering remittances services for migrants sending payments to family and friends in other countries is where most of the rivals […]


Finance Tech, Mobile Banking & Payments

Payments execs detail SVB impact

March 16, 2023

Via: Payments Dive

The fallout from regulators’ takeover of Silicon Valley Bank and Signature Bank has rippled through to payments companies, forcing them to minimize disruption to their businesses. Marqeta, Modern Treasury and Bill Holdings were among the companies impacted by the bank […]


Finance Tech, Mobile Banking & Payments

How do prepayment meters work and why is there a crackdown on them?

January 23, 2023

Via: Sky News

The regulator has said it will take legal action against any supplier that forces customers onto a prepayment meter and the government is issuing firms with a “cease and desist” order. It comes as courts are overwhelmed with warrant requests […]


Finance Tech, Mobile Banking & Payments

6 payments trends to watch in 2023

January 10, 2023

Via: Payments Dive

Innovation in payments will charge ahead in 2023, though not in the same way it has in the past few years. With venture capital firms tightening purse strings and startups floundering, legacy players are likely to pick off some industry […]


Finance Tech, Mobile Banking & Payments

Honeywell jumps into mobile payments battle

November 1, 2022

Via: Payments Dive

“Honeywell Smart Pay gives sales associates and service employees the power to finalize payments on-the-spot in retail, parcel delivery, public transportation services and other businesses where mobile payment can be used,” the company said in the release. Nonetheless, it’s a […]


Finance Tech, Mobile Banking & Payments

FIS adds real-time payments, CBDC services

August 29, 2022

Via: Payments Dive

Real-time payments may sound simple, but “the reality of delivering on that promise is enormously sophisticated, especially when doing so across borders,” said Aman Cheema, head of global real-time payments and CBDCs at FIS, per the news release. With the […]


Finance Tech, Mobile Banking & Payments

Smartphone banking: the best app-based bank accounts

August 3, 2022

Via: MoneyWeek

Smartphone banking, digital banking, app-only banking – whatever you call them, accounts offered by newer challenger banks such as Starling Bank and Monzo have become very popular over recent years because of the convenience they provide as people’s lives shift […]


Finance Tech, Industries, Mobile Banking & Payments, Others

Apple and Amazon beat expectations but still see profits slip as inflation bites

July 29, 2022

Via: Sky News

Tech giants Apple and Amazon saw dips in profits but still defied expectations as the US economy teeters on the edge of a recession. The results came after the iPhone maker warned that its revenue would be depressed amid supply […]


Finance Tech, Mobile Banking & Payments

Oracle adds restaurant payment acceptance

July 1, 2022

Via: Payments Dive

Oracle is a sizable player in the restaurant point-of-sale market. Thousands of large and small restaurant operators globally use its software and hardware, with its restaurant technology handling about $150 billion in transactions annually, according to the Austin-based company. Chains […]


Finance Tech, Mobile Banking & Payments

Self-checkout terminal sales jump: report

June 29, 2022

Via: Payments Dive

RBR, a London-based firm founded in 1992, pointed to multiple catalysts driving self-checkout growth. Retailers in the Asia-Pacific region, primarily Australia, China, Malaysia and Indonesia, are driving growth by deploying the technology. Meanwhile, rising minimum wages and labor shortages in […]


Finance Tech, Mobile Banking & Payments

How adopting more payment options can boost business performance

June 23, 2022

Via: TechRadar

“Cash-flow is the lifeblood of any business” – we have all heard the phrase, to the point that it has become accepted common wisdom bordering on a cliché. It is easy to understand why when you break it down to […]


Finance Tech, Mobile Banking & Payments

EU Accuses Apple of Abusing Mobile-Payment Market Power

May 2, 2022

Via: The Wall Street Journal

European Union antitrust authorities on Monday charged Apple Inc. AAPL -2.46%▼ with abusing its dominant position by restricting access to the technology underpinning contactless payments on its mobile devices, adding to the bloc’s efforts to clamp down on alleged anticompetitive […]


Finance Tech, Mobile Banking & Payments

Stripe sees growth slowing this year after pandemic e-commerce boon

April 12, 2022

Via: Payments Dive

While the payments super-unicorn Stripe expects growth this year, it won’t be as strong as last year when the company benefited from an e-commerce surge spurred by the COVID-19 pandemic, according to an annual letter from its cofounders, Patrick and […]


Finance Tech, Mobile Banking & Payments

Apple could be working on a whole host of financial and banking tools

March 31, 2022

Via: TechRadar

Apple is reportedly working on a multi-year plan to develop its own payment processing technology and infrastructure in an effort to further build out its portfolio of financial products. As reported by Bloomberg, the move would allow the iPhone maker […]