Finance Tech, Mobile Banking & Payments
September 28, 2023
Via: Payments DiveDeluxe’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
June 7, 2023
Via: Payments DiveBack 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
May 12, 2023
Via: Payments DivePaysend 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
March 16, 2023
Via: Payments DiveThe 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
January 23, 2023
Via: Sky NewsThe 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
January 10, 2023
Via: Payments DiveInnovation 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
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
August 29, 2022
Via: Payments DiveReal-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
August 3, 2022
Via: MoneyWeekSmartphone 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
July 29, 2022
Via: Sky NewsTech 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
July 1, 2022
Via: Payments DiveOracle 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
June 29, 2022
Via: Payments DiveRBR, 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
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
May 2, 2022
Via: The Wall Street JournalEuropean 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
April 12, 2022
Via: Payments DiveWhile 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
March 31, 2022
Via: TechRadarApple 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 […]
Finance Tech, Mobile Banking & Payments
March 16, 2022
Via: Payments DiveMargaret 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, […]
Finance Tech, Mobile Banking & Payments
February 22, 2022
Via: Payments DiveWhile 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 […]
Finance Tech, Mobile Banking & Payments
February 16, 2022
Via: Payments DiveA 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 […]
Finance Tech, Mobile Banking & Payments
January 14, 2022
Via: Payments DiveBuy 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 […]