Fed to reduce cross-border payments program
Payments Dive
APRIL 20, 2023
The Federal Reserve plans to discontinue its cross-border ACH payments service to Europe and Canada later this year, Fed officials reiterated at a conference this week.
Payment Programs Related Topics 
Ant Group and Mastercard launch Shanghai travel payment program
The Paypers
JUNE 3, 2024
Ant Group , Mastercard , and 12 overseas payment partners of Alipay+ and other card organizations, have initiated the International Consumer Friendly Zones program in Shanghai.
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Ohio Treasurer Suspends Bitcoin Business Tax Payment Program
PYMNTS
OCTOBER 4, 2019
Sprague reportedly recommended to the State Board of Deposit that it request the Ohio Attorney General for a formal opinion on whether the tax payment program constituted a “financial transaction device” under state law.
New eBay APIs Give Developers Access To Managed Payments Program
PYMNTS
JUNE 26, 2019
In addition, eBay launched a new feature in the Account API that determines whether a seller has opted in to the managed payments program. Also, the Fulfillment API now lets managed payments sellers give full or partial refunds to buyers. “We It also helps sellers with accounting and reconciliation.
Chevron Chided For Aussie Early Supplier Payment Program
PYMNTS
MARCH 18, 2020
An early payment scheme by U.S. Chevron’s system urges suppliers to discount their invoices in exchange for early payment. energy giant Chevron has been derided as opportunistic by Australian suppliers, according to a report by The Australian.
C2FO Calls For Federal Supplier Payment Program
PYMNTS
APRIL 13, 2020
With an open letter to the Federal Reserve Bank and the U.S. government, C2FO is requesting immediate action to offer relief to small and medium-sized businesses in the United States. In the letter, C2FO Founder and CEO Sandy Kemper advocated for a Small Business Supplier Protection Plan that would provide Fortune 1000 firms in the U.S.
Amazon’s Western Union walk-in cash-payment program launches in U.S.
Payments Source
SEPTEMBER 18, 2019
Months after retooling its Amazon Go store checkout process to accommodate customers who prefer to pay with cash, the e-commerce giant had added a way for consumers to pay for Amazon e-commerce purchases with cash at U.S. Western Union outlets.
Five At Five: Square’s New Payments Program
PYMNTS
OCTOBER 5, 2018
Welcome to Five at Five, your late look the day’s payments and commerce news. Square Debuts Merchant Installment Payments. Today’s coverage includes a look at Square’s newest merchant offering, along with SoftBank’s newest potential investment in ride sharing.
Mastercard plans to expand QR-based payment programs
The Paypers
JULY 28, 2017
(The Paypers) Mastercard has announced the plans of expanding its QR-based payment programs starting with July 2017.
CorServ signs Northeast Bank
Finextra
JULY 30, 2024
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Minneapolis, MN-based Northeast Bank ($770 million in assets) to launch a comprehensive credit card program for their business and commercial customers.
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Avidbank picks CorServ for credit card programme
Finextra
MAY 15, 2024
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers.
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Busey Bank enlists CorServ for credit card programme
Finextra
APRIL 8, 2024
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Busey Bank ($12.5 billion in assets) to launch a modern credit card program for their commercial customers.
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Scale Bank picks Corserv for credit card programme
Finextra
MARCH 14, 2024
Corserv, a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Minnesota-based Scale Bank (previously Fidelity Bank), to improve commercial lending for customers.
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Basic income pilots gain momentum across US cities
Payments Dive
SEPTEMBER 8, 2022
cities have implemented unconditional direct cash payment programs over the past year, as advocates seek to build evidence and experts debate the most effective structures. At least a dozen U.S.
Idex Biometrics and Accomplish Financial market payment card for the visually and memory impaired
Finextra
MARCH 5, 2024
IDEX Biometrics and Accomplish Financial, an international payment solution provider, are bringing to market a biometric payment program to help the visually- and memory impaired.
First Bank partners CorServ for credit card programme
Finextra
FEBRUARY 1, 2024
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with First Bank to implement their modern credit card program. This program enables First Bank to provide credit card solutions to their consumer, business, and commercial customers.
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Brightwell introduces ReadyRemit to enable fintechs to offer global payments
The Paypers
AUGUST 26, 2022
Brightwell , a US-based global payments technology company, has announced today the availability of ReadyRemit to enable fintechs to launch global payments programs.
Avidbank Partners with CorServ to Implement a Beneficial Credit Card Program for Commercial Customers
Fintech Finance
MAY 16, 2024
CorServ , a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers.
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Scale Bank Partners with CorServ to Launch Comprehensive Credit Card Program
Fintech Finance
MARCH 12, 2024
CorServ , a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Minnesota-based Scale Bank (previously Fidelity Bank), to improve commercial lending for customers.
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IDEX Biometrics and UK fintech to launch biometric cards for payment accessibility
Fintech Finance
MARCH 5, 2024
IDEX Biometrics and Accomplish Financial, an international payment solution provider, are bringing to market a biometric payment program to help the visually- and memory impaired. The biometric payment program will accelerate IDEX Pay biometric card launches.
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J.D. Power study: POS payment landscape
The Paypers
SEPTEMBER 4, 2023
Power has released its US Consumer POS Payment Program, which shows consumers using an average of four different payment methods, including credit cards, ewallets, and BNPL.
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Why the U.S. is taking the slow road to faster payments
Payments Source
OCTOBER 1, 2018
The payments industry is engaged in 40 active real-time payments programs worldwide, but it's not as chaotic as it sounds — except in the U.S.
Setldpay Partners With Tribe for Issuer Processing
Fintech Finance
AUGUST 23, 2024
Green adds: “We were repeatedly told by issuers, processors and schemes in the payment space that the market is crying out for a good Program Manager to facilitate bringing Payment Programs to fruition.
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areeba Solidifies Leadership in MENA Payment Infrastructure with Mastercard Certification
Fintech Finance
APRIL 17, 2024
Through the connection, financial institutions and program managers utilizing areeba’s platform will benefit from a speedier time to market and more rapid implementation of flexible, secure, and feature-rich prepaid, credit, debit, and mobile payment programs.
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Pinnacle Bank Partners with CorServ to Implement a Modern Credit Card Program for Commercial, Business and Consumer Customers
Fintech Finance
JUNE 3, 2024
CorServ , a company empowering banks and fintechs with payment programs, has partnered with Pinnacle Bank ($2 billion in assets) to launch a comprehensive credit card program for its commercial, business and consumer customers. Pinnacle Bank, headquartered in Elberton, GA, has been locally owned since 1934.
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4.19.18 Your morning briefing
Payments Source
APRIL 19, 2018
Today: Amazon's folding Whole Foods loyalty program into Prime; Mastercard and Visa plan a new payments button; Google Pay extends to private jets; Snapchat adds shopping; Supply chain tech expands in Africa; TranserWise joins the U.K.'s s faster payments program.
Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing
Fintech Finance
APRIL 16, 2024
We look forward to working together alongside SoFi Bank to help Rapid Finance quickly develop and scale this flexible payment program to support SMBs’ ability to gain swift, easy access to the funds they need to be successful.”
Visa announces strategic collaboration with TECH5 to Advance Digital Government Ecosystems
Fintech Finance
JANUARY 9, 2024
Developing a roadmap to expand card acceptance for government disbursements and payment programs across all platforms. Initiating programs for financial literacy and digital inclusion. Cooperating in the preparation of regulatory acts for digital payments development.
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Codat’s New Product Aims to Replace Checks
Finovate
APRIL 16, 2024
Morgan, which is using the new offering to allow its commercial clients to efficiently manage supplier payments using virtual cards. By connecting to the current supplier and spending data, clients can easily set up and expand their payment programs. “Codat’s ongoing collaboration with J.P.
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Payroc Expands Payment Processing Services With Bluestone Payments Acquisition
PYMNTS
NOVEMBER 19, 2020
Global payment processor Payroc announced Wednesday (Nov. 18) in a company press release emailed to PYMNTS that it has acquired Bluestone Payments. Bluestone Payments, founded by Linda Rossetti and launched in 2006, connects merchants in niche markets to payments programs through a referral system.
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Visa Launches b.yond To Fast-Track EU Digital Payments Innovation
PYMNTS
JUNE 3, 2019
Businesses that want to roll out a payments program can tap into b.yond to access a platform of solutions using Visa’s rails that they can deploy for customers in under eight weeks.
SoFi to Act as Sponsor Bank for Rapid Finance’s New Line of Credit Prepaid Card
Finovate
APRIL 16, 2024
“We look forward to working together alongside SoFi Bank to help Rapid Finance quickly develop and scale this flexible payment program to support SMBs’ ability to gain swift, easy access to the funds they need to be successful.”
DailyPay Launches CYCLE To Disburse Off-Cycle Payments
PYMNTS
JANUARY 24, 2021
With DailyPay's CYCLE, companies can access disbursements of electronic off-cycle payroll payments, so as not to have to deal with paper checks, according to the release. The CYCLE feature, like DailyPay's payment program, is funded by DailyPay, leaving no need for companies to draw from their reserves.
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PYMNTS
APRIL 16, 2019
That leaves room to embrace other means of payment programs, among them installment payments, which typically carry no interest charges (but may carry late fees). The combination of their platform with our technology and network complements our existing payments programs.”.
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Taking New Approaches To Retail Stores And Faster Payment Models
PYMNTS
JANUARY 2, 2020
80 percent: Estimated CAGR of real-time payment growth in higher education between 2018 and 2022. 54: Number of countries with active real-time payment programs. Data: 2020: The year that Anchor Shops, with a retail store and a fulfillment center, is set to open.
Brazil Will OK WhatsApp Payments If Facebook Follows Rules
PYMNTS
JULY 20, 2020
The payments program from messenger service WhatsApp will be allowed to go forward in Brazil, the country’s central bank said, so long as all rules are respected, Reuters reported.
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CVS Pharmacy Unveils Contactless Payments Via PayPal, Venmo
PYMNTS
NOVEMBER 16, 2020
PayPal's Jonker told PYMNTS in July that QR code use adoption was one way PayPal was working to encourage its customers to increase their patronage of small and medium-sized businesses (SMBs).
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The Middle East Is the Fastest Growing Real-Time Payments Market Globally For The Second Consecutive Year, Finds ACI Worldwide Report
Fintech Finance
MAY 28, 2024
Last year marked a significant milestone as Oman, Kuwait and Qatar each launched their national real-time payment schemes, joining the more established regional players such as Saudi Arabia, Bahrain and the UAE.
i2c Partners With Credit Sesame For Enhanced Money Management Services
PYMNTS
JUNE 23, 2020
Digital payment and open banking firm i2c has announced its partnership with Credit Sesame ‘s Sesame Cash , which will give more customers the option to use Credit Sesame’s money management services, according to a press release.
The 4-1-1 on Online Payment Negotiation
Payment Savvy
AUGUST 11, 2021
The payment program offers all the features your agency needs to increase your financial bottom line AND agent productivity. – all while being at the forefront of payment technology. The program lowers operating costs and makes keeping in touch with customers a breeze.
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Card Companies Cut Credit Lines As Customers Skip Payments
PYMNTS
APRIL 23, 2020
billion in balances – into “skip a payment” programs. Looking ahead, consumer spending is likely to rebound slowly, given job losses and the anxiety of the current times. For its part, Discover said it has already signed up almost a half-million accounts – about $3.6
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Coronavirus Refunds: Disney World Provides Reimbursement, Extension Options
PYMNTS
JUNE 1, 2020
It also said it would “retroactively” reimburse payments made from March 14 to April 4, and that payments would start again on the “regularly scheduled payment dates” when the parks reopen.
More Suppliers Want Earlier Payment: Taulia
PYMNTS
JUNE 28, 2019
Despite significant interest in early payments, 39 percent of suppliers said their customers pay their invoices late. “Early payment programs like Taulia’s enable all businesses along their supply chain to improve their own working capital.”
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Could a Fintech Spring be on the horizon: Thredd sees strong transaction growth in several business verticals, bucking typical winter payment doldrums
Fintech Finance
FEBRUARY 26, 2024
We may not be able to predict future transactions or spend patterns, but this early year volume performance is certainly a positive indicator for 2024 fintech payments programs,” concluded Jim McCarthy.
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