Новости за 28.10.2024

Extend has introduced a feature that allows businesses to streamline invoice payments with virtual cards. Bill Pay is designed to simplify companies’ account payable processes while optimizing cash flow, maximizing card rewards and improving security, the virtual card/spend management platform said in a Monday (Oct. 28) news release. “Traditional payment methods pose significant challenges for finance […]

If commercial banks don’t provide retail payments innovation, central banks should be prepared to offer a retail central bank digital currency (CBDC), Bank of England Governor Andrew Bailey said Saturday (Oct. 26). In a speech given at the Group of Thirty’s Annual International Banking Seminar in Washington, Bailey said commercial banks are the best home […]

The recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs — and the rule has drawn its share of critics and legal actions. But during a discussion at Money 20/20 held this past weekend, Rohit Chopra, director of the Consumer Financial […]

DailyPay added an international remittance feature to its platform. The new addition is powered by the financial technology solution ReadyRemit by Brightwell and Visa Direct. It lets users send money to friends and family worldwide “at the tap of a button” without needing to wait for a scheduled payday, according to a Monday (Oct. 28) […]

Mastercard launched a new card-based bill-pay solution for merchants, acquirers, payment facilitators and payment service providers. The new Bill Qkr is live and available globally, the company said in a Monday (Oct. 28) press release. “With Mastercard Bill Qkr, we’re bringing our cutting-edge payment technologies together with our longstanding, global approach to collaboration,” Jennifer Marriner, […]

Security firm Tidal Cyber says it has landed investments from Capital One and USAA. The investments will help enhance the company’s enterprise edition platform and fuel the adoption of Tidal’s “threat-informed defense” offering, according to a Monday (Oct. 28) news release. In addition the investments will help accelerate Tidal’s go-to-market activities and product development, including expanding sales and marketing activities […]

Machine learning algorithms scan millions of transactions in banks’ fraud detection centers, flagging suspicious patterns human analysts might miss. Similar mathematical models help Netflix predict which shows subscribers want to watch next and guide Walmart’s inventory decisions. These are examples of artificial intelligence (AI) models that process information like a complex recipe. An AI model […]

Payments are what shape the multitrillion-dollar B2B landscape. Agreements are what shape those payments. Bill360 announced this month, for example, that it is launching new features designed to ease payments for buyers. The company is letting buyers choose whether they want to make or schedule payments through a client portal or pay directly from an […]

Indonesia has banned Apple’s newest iPhone, hindering sales in one of the world’s largest countries. The ban on sales of the iPhone 16 came after Apple apparently failed to meet the government’s requirements for 40% local content in tablets and handsets, the Financial Times (FT) reported Monday (Oct. 28), citing a statement from Indonesia’s Ministry of Industry. “iPhone 16s […]

Marqeta has unveiled a new solution that delivers buy now, pay later (BNPL) payment options inside payment apps and digital wallets. The new Marqeta Flex is being developed with payment providers Klarna and Affirm and payments platform Branch, Marqeta said in a Monday (Oct. 28) press release. “Marqeta Flex is about building upon the transformational […]

Thunes has debuted a solution designed to help customers offer faster cross-border payments. The payment infrastructure company’s Pay-to-Card offering, announced Monday (Oct. 28), is designed to connect members of the Thunes network to 15 billion cards worldwide, including those offered by Mastercard, Visa and China’s UnionPay. “This new development extends Thunes’ global reach for real-time payouts to an […]

Keeping pace with innovation can be daunting. For small- to mid-sized banks, credit unions and FinTechs, implementing the latest money movement integrations like real-time payments and more can be a steady drain on at least three fronts: time, resources and money. That’s where the concept of a payment hub comes in, i2c Global Head of […]

Banks used to be the only game in town for small businesses looking to set up an account, get credit and hear advice about managing their cash flow.   Luke Voiles, Chief Executive Officer of embedded solutions FinTech Pipe, told Karen Webster that the point of interaction — for capital, for credit — is shifting […]

Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and the specter of fraud on the global stage. The basic principle behind cross-border payments — namely that the payee information is accurate — is a pain point, indeed a point […]

And now earnings season is here, in full swing, and a series of double-digit advances and declines among our CE 100 population wound up sending the overall Index 1.4% lower. The markets, in general, were volatile too, as only the tech-heavy Nasdaq was up by 0.1% Stride was a standout for the CE 100, as […]

Despite the growing interest in digital payment methods, the adoption of pay by bank remains surprisingly low. A PYMNTS Intelligence report, “What Consumers Need for Pay by Bank to Catch On,” done in collaboration with Trustly, looks at the barriers to adoption and what payment providers can do to educate more consumers about pay by […]

In the financial world, nothing is more critical than getting payments right. A simple error or untested integration can turn transactions into a logistical nightmare. In a global economy where delays mean dollars lost, payment testing becomes a critical function. “Typically, 2 in 10 digital transactions fail,” Testlio CEO Steve Semelsberger told PYMNTS during a […]

Successful digital transactions are an essential part of business. However, that doesn’t mean that all digital payment solutions used to ensure those transactions go through are created equal. “All payment networks sit on a ton of payments data,” Tine Fincioen, executive vice president for digital transformation at Mastercard, told PYMNTS, “but where we differentiate is […]

While this year hasn’t seen an initial public offering (IPO) rebound, the CEO of Nasdaq reportedly isn’t surprised. That’s according to a report Sunday (Oct. 27) by TechCrunch, citing Adena Friedman’s comments at a recent Axios event. She said that while the public markets have seen a banner year, not every company is benefiting, including […]

Companies from corner stores to retail giants are discovering that pocket-sized artificial intelligence (AI) can ring up big savings, as nimble new language models match their hulking predecessors at a fraction of the cost. H2O.ai recently launched small models as just one example of a broader shift toward compact AI models that promises to reshape […]

Consumers spent with confidence last month as retail sales climbed. And as Seeking Alpha noted in its “Credit Pulse” report Sunday (Oct. 27), much of that spending happened with credit cards, with loans at seven major card issuers increasing slightly — 0.4% month over month — to $40 billion. Delinquency rates climbed as well, though […]

Amazon says it is adding more personalization features with the updates to its Shopping app. “Personalization helps customers find what they’re looking for faster, and surfaces other relevant products that align with their interests based on previous shopping behaviors like recent purchases and browsing history,” the eCommerce giant wrote in a recent blog post.  For […]

Last year, Elon Musk made a bold prediction about the future of his social media platform. Instead of just being a place where people shared thoughts and content, X — rebranded from Twitter a few months earlier — would become a payments super app. “It would blow my mind if we don’t have that rolled […]

Delta Air Lines has made good on its promise to sue cybersecurity firm CrowdStrike. The lawsuit, as reported Friday (Oct. 25) evening by The Wall Street Journal (WSJ), stems from a worldwide technology outage in July that grounded 7,000 Delta flights, while causing upheaval at other airlines, banks and hospitals. According to the report, the […]

Cisco is betting that artificial intelligence (AI) can handle most customer service calls within a few years, as the tech giant unveiled a conversational AI agent that it claims will eliminate dreaded hold times and frustrating automated phone menus. The move reflects a broader push by companies to deploy AI agents that can understand and […]