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.
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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.
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Trending Sources
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.
The Australian Information Commissioner agrees to a USD 50 million payment program
The Paypers
DECEMBER 19, 2024
The Australian Information Commissioner has agreed to a USD 50 million payment program from Meta for users impacted by the Cambridge Analytics incident.
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.
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.
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.
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.
Retailers push payment modernization
Payments Dive
MARCH 21, 2025
A KPMG survey found that a majority of retailers plan to keep updating their payment programs to keep up with consumer tech demands.
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 Unveils Next-Generation Digital Interface for Clients and Cardholders
Fintech Finance
FEBRUARY 26, 2025
CorServ , a company that empowers banks and fintechs with payment programs, has launched a cutting-edge user interface designed to elevate the digital banking experience for client banks, brands and their credit card 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.
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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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.
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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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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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.
The Power of One: Bank-Fintech Partnerships with Eli Rosenberg
Innovative Payments Association
MARCH 10, 2025
What’s one reason this session is a must-attend for anyone in payments? Bank and fintech partnerships are the backbone of payments in the U.S. Understanding how these partnerships are structured to succeed can be the key to a successful payments program. Stay ahead in the fast-evolving world of payments.
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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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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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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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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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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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59 Mastercard Buys POS Financing Provider Vyze
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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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.
Tradition Capital Bank partners CorServ for credit card programme
Finextra
JANUARY 7, 2025
CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.
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CorServ unveils digital interface
Finextra
FEBRUARY 25, 2025
CorServ, a company that empowers banks and fintechs with payment programs, has launched a cutting-edge user interface designed to elevate the digital banking experience for client banks, brands and their credit card customers.
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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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New Payments Platform Australia Merges With Eftpos, BPAY
PYMNTS
DECEMBER 15, 2020
The new combined company will help to make a more unified entity that will help cut costs, boost efficiency and be better positioned to compete with overseas multinational payments programs, the report stated. The new company will have a single board with members of all three companies.
Logistics Platform Intelage Notches $3.5M In Seed Funding
PYMNTS
SEPTEMBER 29, 2020
Ant, which runs mobile payments program Alipay , introduced Trusple in Shanghai on Sept. The company said Fry has over 20 years of experience directing teams, leading research and development, and supervising projects.
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G2A.COM Deploys Forter to Block Fraud and Optimise Payments
Fintech Finance
OCTOBER 23, 2024
The global nature of its business required G2A.COM to scale its fraud prevention and payments program to meet growing demand. G2A.COM is trusted by users from 180 countries, where visitors can choose from more than 75,000 digital offerings.
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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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Consumer Research Finds 15% of UK Consumers to “Buy Christmas Now, Pay Later” This Holiday Season
Fintech Finance
NOVEMBER 19, 2024
Over a third (36%) of consumers confirmed they will still use credit options, such as BNPL, for their holiday shopping in 2024, but respondents reported a shift in how instalment payment programs were being used.
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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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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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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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OpenPayd Loops Into SEPA For Corporate Payments
PYMNTS
APRIL 15, 2020
With direct access to the SEPA (Single Euro Payments Area) payment program, OpenPayd has bolstered its payments functions, according to reports. Business clients of the banking-as-a-service company will get access to payment processing throughout the 36 countries taking part in the program.
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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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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.
Amex Rolls Out Digital Service For Remote Workers’ Business Expenses
PYMNTS
NOVEMBER 15, 2018
American Express Go can be added to an existing American Express corporate payments program. “American Express Go was created to alleviate customer pain points faced by companies and their changing workforce by combining the control and flexibility of virtual cards with the convenience of a physical card that can be swiped on the go.”.
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Mastercard Appoints First Chief Experience Officer
PYMNTS
JANUARY 4, 2019
And Oakes will handle the strategic development of real-time payments programs globally. Before joining Mastercard, Oakes worked as an expert associate partner in McKinsey & Company’s global payments practice. At the firm, Oakes worked with financial institutions, investors and payment businesses on strategy.
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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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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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