Stax

JULY 9, 2024

Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years. In 2019, 77% of US consumers were using at least one type of digital payment system.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Payments Dive

AUGUST 13, 2024

As payments technology advances, more companies are embedding the payments process in websites and apps. Here’s a primer on how this trend is advancing and changing the payments arena.

Embedded Payments 188

Embedded Payments Payments Process Technology 188

Payments Dive

JULY 31, 2024

Generative AI could help spot fraudulent patterns in transaction data and reduce the cost of processing payments, says a McKinsey consultant.

Fraud Prevention 192

Fraud Prevention Consulting Payments AI 192

Payments Dive

JULY 8, 2024

payments system. A bipartisan group is nudging the Federal Reserve to explain why it can’t speed up a plan to extend the operational availability of the U.S.

Federal Reserve 193

Federal Reserve Payments 193

Payments Dive

DECEMBER 2, 2024

Meet the payment needs of every generation to boost loyalty, satisfaction and on-time payments.

Payments 173

Payments 173

Payments Dive

NOVEMBER 1, 2024

Meanwhile, business-to-business acquisitions in the payments realm will pick up. Cash use worldwide will drop significantly next year, despite its U.S. persistence, the research firm Forrester predicts.

Research 179

Research Payments 179

Payments Dive

OCTOBER 29, 2024

The Consumer Financial Protection Bureau released its final open banking rule this month, leading the payments and financial services industries to begin preparing for a new era in data-sharing.

Rules 190

Rules Payments Consumer 190

PCI Security Standards

NOVEMBER 26, 2024

of the PCI Mobile Payments on COTS (MPoC) Standard, designed to support the evolution of mobile payment acceptance solutions. The PCI Security Standards Council (PCI SSC) has published version 1.1

Mobile Payments 167

Mobile Payments Contactless Payments Payments Addressing 167

Payments Dive

SEPTEMBER 20, 2024

The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.

Real Time Payments 174

Real Time Payments Processors Payments Consumer 174

Payments Next

JULY 15, 2024

That’s a well-known slogan for a major credit card, but it’s also an The post A New Take on the Oldest Form of Bill Payment: Cash first appeared on Payments NEXT. By Michael Kaplan, EVP, PayNearMe What’s in your wallet?

Credit Cards 177

Credit Cards Payments Posting Research 177

Payments Dive

NOVEMBER 12, 2024

Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.

Credit Cards 173

Credit Cards Payments 173

Payments Dive

AUGUST 22, 2024

The bank’s acquisition of Tempe, Arizona-based Salucro Healthcare allows its Elavon unit to dig deeper into healthcare payments and billing services.

Payments 167

Payments 167

Fintech News

DECEMBER 3, 2024

Digital payment token provider dtcpay has announced a strategic shift to exclusively support stablecoins for all its payment services starting in January 2025. By focusing on stablecoins, dtcpay aims to provide a more secure, predictable, and regulatory-compliant payment solution for businesses and consumers.

Stablecoins 132

Stablecoins Money Laundering Cryptocurrency Payments 132

Payments Next

OCTOBER 16, 2024

And it’s The post Payments’ Role in Combating E-commerce Fraud Growth first appeared on Payments NEXT. Philip Plambeck, Senior Vice President, International, Computop For retailers, fraud is a serious issue they are actively trying to battle.

Payments 166

Payments Posting Credit Cards AI 166

Payments Dive

SEPTEMBER 30, 2024

households have a bank account, just under half use a nonbank payment service, Kansas City Federal Reserve Bank research says. While most U.S.

Federal Reserve 167

Federal Reserve Fed Digital Payments Consumer 167

Payments Dive

JULY 2, 2024

Research from the investment bank Jefferies suggests generative artificial intelligence could be used in the payments industry to improve fraud detection and make transactions happen faster.

Fraud Detection 178

Fraud Detection AI Payments Research 178

Payments Dive

SEPTEMBER 12, 2024

Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.

Real Time Payments 173

Real Time Payments Payments 173

Payments Dive

AUGUST 9, 2024

Recent acquisitions and an expanded roster of clients that includes several sports teams are intended to help Shift4 dominate the payments space, the CEO said.

Payments 158

Payments 158

Payments Dive

OCTOBER 2, 2024

Zelle, the popular peer-to-peer payment service, and rivals should be more upfront with consumers about the ability to ask for money back, Consumer Reports says.

Payments Tools 163

Payments Tools P2P Consumer Zelle 163

Fintech Finance

NOVEMBER 29, 2024

The European Central Bank (ECB) and Norges Bank signed an agreement for Norway to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service. Norges Bank’s Governor, Ida Wolden Bache, said: “A well-functioning instant payments solution is an important part of an efficient payment system.

Instant Payments 138

Instant Payments Central Bank Settlement Agreements 138

Payments Dive

SEPTEMBER 18, 2024

The Federal Reserve’s proposal to extend the operating hours of two interbank payments systems has been welcomed by large banks, but panned by many small financial institutions.

Federal Reserve 165

Federal Reserve Fed Payments 165

Fintech Finance

NOVEMBER 13, 2024

Blink Payment , a UK paytech platform that offers businesses seamless digital payment solutions, today announces its entry into B2B fashion payments through integration with ERP Zedonk , in a move that will enable more than 1,000 leading fashion brands and showrooms to streamline their buyer payments.

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

Payments Dive

AUGUST 2, 2024

Financial institutions expect business clients to be a driver of instant payment revenue, but adopting the technology comes with hurdles, the results of a recent survey showed.

Instant Payments 158

Instant Payments Payments Technology 158

Fintech News

OCTOBER 28, 2024

Payments giant Mastercard has introduced Bill Qkr , a digital solution aimed at simplifying recurring and one-time bill payments for consumers and businesses. Bill Qkr’s launch partners are incorporating the technology to provide smoother payment options in their regions. Mastercard Bill Qkr is now live and available globally.

Visa 127

Visa Push-to-Card Payments Facilitators 127

Fintech News

DECEMBER 11, 2024

The State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) announced the successful implementation of a cross-border QR payment system between the two countries. This initiative allows Vietnamese and Cambodian visitors to use their domestic currencies, VND and KHR, for payments at various merchants in each other’s country.

Cross-Border 125

Cross-Border Payments Facilitators Mobile Banking 125

Fintech News

NOVEMBER 21, 2024

India is advancing efforts to establish cross-border payment linkages with multiple countries, as reported by Bloomberg, citing an official from the Reserve Bank of India (RBI). Shaktikanta Das RBI Governor Shaktikanta Das has expressed India’s readiness to assist other nations in developing standards for cross-border payments using CBDCs.

Cross-Border Payments 141

Cross-Border Payments Cross-Border Digital Currency Central Bank 141

Fintech News

OCTOBER 21, 2024

Indonesia and the Philippines lead in e-wallet usage, with 92% and 87% of respondents, respectively, using the payment method, especially QR payments and mobile payment apps. The Indonesian government has also played a critical part in fostering digital payments.

Financial Inclusion 143

Financial Inclusion Embedded Finance Payments Push-to-Card 143

Fintech News

OCTOBER 14, 2024

Cambodia has rolled out the integration of Alipay+ with its national QR code system, KHQR for seamless international payments. This launch enables users of 12 international payment apps, including Alipay, AlipayHK, GCash, and Touch ‘n Go, to pay at over one million merchants in Cambodia using KHQR, the country’s standardised QR code.

Cross-Border 143

Cross-Border Cross-Border Payments Payments International Payments 143

The Payments Association

SEPTEMBER 4, 2024

FMPay, a licensed payment provider, has launched to offer small businesses in the UK a secure and straightforward way to handle payments.

Small Business 158

Small Business Payment Solutions Multi-Currency Security 158

Fintech News

DECEMBER 4, 2024

The Monetary Authority of Singapore ( MAS ) and the Association of Banks in Singapore ( ABS ) announced that two new electronic payment solutions will be launched in mid-2025. EDP will cater to post-dated payments, deducting funds from the payer’s account upon presentment by the payee.

Payment Solutions 125

Payment Solutions Payee Payer Payments 125