November 17, 2021
Competitive Strategies, E-Commerce, Featured, Marketing, Real-time Payments, Transaction Processing
To help speed and simplify cross-border payments for businesses, Euronet Worldwide, a Leawood, Kansas-based fintech, on Wednesday launched Dandelion, an end-to-end real-time cross-border payment network. Typically, initiating a cross-border transaction is a slow and manually driven process that involves exchanging emails, phone calls, and invoices between participating parties. Further slowing …
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November 17, 2021
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale
Payments provider North American Bancard LLC launched its Payments Hub Developer Portal, aimed at allowing developers to view specifications for application programming interfaces, see product information, and link directly to NAB sales and engineering personnel.Buy now, pay later specialist Splitit Payments Ltd. said it will offer its service on purchases by users of the …
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November 16, 2021
Acquiring, Competitive Strategies, Marketing, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale
One of Square Inc.’s priorities these days is to sell its point-of-sale and online technology to merchants larger than the small shops it started with and still largely serves, but that doesn’t mean the San Francisco-based company is neglecting new opportunities with that small-merchant base. One such opening lies in …
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November 16, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mergers & Acquisitions, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale, Transaction Processing
EVO Payments Inc. reached an agreement with Oracle that will see EVO able to enable Oracle’s enterprise payment services to EVO’s hospitality and retail merchants. EVO will be able to offer its acquiring services to Oracle customers. EVO also will develop a direct integration to the Oracle Payments Interface, which provides …
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November 15, 2021
Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
One of the most prominent examples of the so-called Internet of Things is the ability to make payments from the dashboard of a car, no mobile device needed. And now a forecast has arrived indicating the number of such transactions worldwide will balloon from 87 million this year to 4.7 …
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November 15, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Transaction Processing
The Western Union Co. named Devin B. McGranahan as its new chief executive, replacing Hikmet Ersek, who is retiring at the end of 2021. Ersek’s 21-year Western Union career includes the past 11 years as CEO. McGranahan comes to the money-transfer giant from processor Fiserv Inc. where he most recently was …
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November 12, 2021
Competitive Strategies, Debit Cards, Issuing/Originating, Marketing, Person-to-Person Payments, Point-of-sale, Transaction Processing
The Western Union Co. is boosting its tie-ins with Mastercard Inc. by integrating the card brand’s direct-to-card and cross-border payments products. Announced Friday, the integration sees Mastercard Send added to broaden Western Union’s payout capabilities in the United States. U.S. recipients of any Western Union transfer will be able to …
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November 12, 2021
Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, Fraud & Security, Issuing/Originating, Marketing, Person-to-Person Payments, Point-of-sale, Prepaid Cards
Cryptocurrency platform Bakkt Holdings Inc. reported $9.1 million in revenue for the quarter ended Sept. 30, up 38% year-over-year. The company’s net loss expanded 61% to $28.8 million. Bakkt has recently formed partnerships with Mastercard Inc. to allow banks to issue crypto-linked credit and debit cards and with Fiserv Inc. for a future integration …
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November 11, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Point-of-sale, Transaction Processing
Klarna AB said it is extending its Pay in 4 buy now, pay later service to subscriptions, the first time BNPL has been offered to this segment of the economy, according to the company.Payfare Inc., a specialist in instant payouts to gig workers, reported its user count rose 37% in the …
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November 10, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Wallets, Point-of-sale, Transaction Processing
In time for the start of holiday-shopping season, buy now, pay later provider Afterpay Ltd. has expanded its in-store presence. New retailers offering the service include Nordstrom and Nordstrom Rack, J.Crew, Madewell, and American Eagle. In addition, Afterpay will be available at airport and resort-casino specialty retailer Marshall Retail Group, …
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