Payments News
Rapyd teams with Hong Kong's TNG Fintech to boost cashless transactions
August 29, 2019
Rapyd, a fintech as-a-service startup, has partnered with TNG Fintech Group Inc., a Hong Kong-based digital wallet operator, to boost cashless transactions.
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Bank of America reports surge in Zelle users in 2019
August 21, 2019
Bank of America's person-to-person use of mobile payment network Zelle surged this year. The uptick in usage was driven mainly by millennials and Gen Z in…
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EMVCo releases proposed spec changes to support 8-digit issuer ID codes
August 16, 2019
Payment card standards body EMVCo released proposed specification changes Thursday for payment systems to accommodate longer numbers on credit and debit cards…
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Cash won't die in America — it's too darn convenient
August 15, 2019
Cash is still king when it comes to buying things like a cup of coffee, pack of gum or a pint of beer in the U.S. Why? Because it's faster and often more…
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Pulse study shows debit card use rising for e-commerce, P2P and online bill payment
August 1, 2019
Consumers are using debit payments more often to make e-commerce purchases, for online bill payments and for P2P transfers, according to a new study…
read nowFiserv completes $22B First Data merger
July 30, 2019
The deal is done. Financial technology company Fiserv Inc. completed its $22 billion all-stock acquisition of New York's First Data Corporation on Monday.
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Majority of Brits still paying for things with cash
July 24, 2019
Despite all the news that cash is on its way out, a new report from UK's Payment Systems Regulator suggest the vast majority of Brits are still pulling notes…
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Visa invests in Indonesian payment, ride hailing app Go-Jek
July 18, 2019
Go-Jek has evolved into a super app of sorts. It began as a ride-sharing, but now allows its customers to make online payments for food, groceries and a…
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Cash rules the day when Telstra outage cripples ATMs, payment systems across Australia
July 12, 2019
Cash was king for three hours on Thursday in Australia when ATMs and Eftpos went down across the country due to a Telstra outage.
read nowNCR acquires D3 Technology to expand online, mobile banking for large financial institutions
July 2, 2019
NCR Corp. announced the acquisition of D3 Technology Inc., a provider of online and mobile banking for financial institutions.
read nowDiscover enters alliance with Bulgaria's Borica AD on payment card acceptance
June 10, 2019
Borica AD, the owner of Bcard, the national payment system in Bulgaria, announced an agreement with Discover Financial Services to provide acceptance of the…
read nowMobile banking app Step raises $22.5 million in Series A funds led by Stripe
June 6, 2019
Step Mobile Inc., a mobile banking app for teens and families, said it raised $22.5 million in Series A funds led by Stripe.
read nowFOMO Pay working with Discover to increase acceptance for cardholders
June 4, 2019
FOMO Pay, an integrated payment solution provider to merchants in Singapore, and Discover Global Network, which has more than 44 million merchant acceptance…
read nowPaysafe study shows consumers still favor passwords over biometics
June 4, 2019
Paysafe Group issued a new report showing a majority of consumers feared that the switch to biometrics would expose them to a greater risk of identity theft…
read nowJCB enters agreement with Arkea on merchant acceptance, ATM access
June 3, 2019
JCB International Co., a unit of Japanese charge card provider JCB Co., said it entered a strategic alliance with Arkea to allow the French banking group’s…
read nowMastercard offers Friday fare refunds for cardholders who use MTA tap-and-pay terminals
May 31, 2019
As the New York City Metropolitan Transportation Authority prepares to launch tap-and-go on some city subways and buses tomorrow, Mastercard is announcing the…
read nowFintwist from Comdata gives employees access to wages, financial tools
May 31, 2019
Comdata has launched Fintwist, a digital payment tool that allows companies to give their employees easy access to wages and financial management tools…
read nowFitBit to test wearables in NYC pilot of contactless transit payments
May 30, 2019
FitBit Pay will be part of a Metropolitan Transportation Authority contactless payment pilot test that will allow riders to use mobile devices to pay their…
read nowComforte AG debuts data security solution for payments industry
May 22, 2019
Data security provider Comforte AG has introduced a new data security solution and practice for the payments industry.
read nowContactless cards not likely to make much difference in mobile payment adoption
May 17, 2019
A widening rollout of contactless cards has been accompanied by speculation that increased comfort with the technology will spur mobile payments, but it might…
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