Digital Payments Point-of-Sale (POS) Push-to-Card 
PYMNTS
NOVEMBER 12, 2020
Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group. Debit card POS purchase volume hit $102.9
PYMNTS
SEPTEMBER 24, 2019
Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits.
PYMNTS
MAY 27, 2020
We’re still navigating the pandemic — which means doing what we used to do offline, increasingly, through digital means. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”. Even waving the card at the point of sale (POS) may face headwinds because of transaction limits.
PYMNTS
OCTOBER 21, 2020
For SMBs, what’s in the cards … are more card readers. Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – Morgan seems to be banking on speed as a selling point to gain traction with smaller firms. To that end, the banking giant J.P.
PYMNTS
SEPTEMBER 23, 2020
That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.
PYMNTS
JANUARY 28, 2021
A transformation toward contactless payments is underway at the nation’s credit unions as the public shuns cash and even physical cards to lower infection risks with COVID-19. It will likely alter global markets and regulations as the financial ecosystem becomes more digitized. The High Stakes Of Offering Contactless.
PYMNTS
MAY 13, 2020
Contactless has existed for a long time, but consumers were slow to adopt, mostly because they didn’t have much of a compelling reason to do something differently — their cards worked fine. And at the point of sale (POS) at grocery stores, where they are still shopping in person, they are realizing something important.
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