Competitive Strategies

As part of its efforts to expand real-time payments globally, financial-service technology provider Nium Pte. Ltd., has partnered with Roxe, a global payment network that uses blockchain technology to settle transactions. The partnership will allow Roxe to leverage the reach of Nium’s network to initiate cross-border payouts, including those from …

A survey from bill-payment provider doxo Inc. indicates U.S. households spend $380 billion annually on utility bills, with utility costs across the doxo platform up 4% in October compared to the same month last year.Mobile parking-payments app provider PayByPhone Technologies Inc. launched PayByPhone Business, an app for fleet-parking management.Robert Blair is joining payments platform Fintainium as president. …

Shift4 Payments Inc. denied what it called “media reports” that it is pursuing an acquisition of EVO Payments Inc. Shift4 is “focused on supporting … new growth verticals” instead, the company said.Microsoft Corp. is testing buy now, pay later capability in its Edge browser. In conjunction with Zip Co. Ltd., the BNPL service is at the …

With consumers flocking to e-commerce sites, elements such as photos, logos, and artwork are taking on greater importance in helping to generate clicks and transactions. Recognizing that online retailers posting product pictures sell more than those that don’t, Square Inc. late Wednesday introduced Square Photo Studio, an app that enables …

In the latest battle of the titans over credit card interchange, Amazon.com Inc. may enjoy the advantage of size but could be pursuing a risky strategy unless other retailers line up with it, according to a long-time observer of transaction-pricing dustups. The massive online merchant on Wednesday said it will …

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 …

As integrated-payments competition intensifies, payment gateways are responding by making it easier for developers to access and use vital technical information. Indeed, more gateways—65% of them—analyzed in The Strawhecker Group’s annual Payment Gateway Directory, sponsored by MCAG, have open developer-center pages. This compares with 48% that did so in 2020. …

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 …

Digital fraud, while nothing new for merchants and payment processors, continues to gain momentum and is predicted to surge even higher during the upcoming a holiday season, a report from Arkose Labs says.  Overall, fraud attacks have increased 15% compared to the previous quarter. In addition, Arkose is predicting 8 …

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 …