ACI Worldwide Inc. announced early Monday it has signed a 10-year partnership with digital-payments technology provider Arab Financial Services. The deal is expected to accelerate ACI’s push to help financial institutions and fintechs in the Middle East and Africa modernize their digital-payments technology infrastructure, according to ACI. Under the terms …

Travel platform Trip.com Group said it will work with Capital A Berhad, parent of the airline AirAsia, to support ticketing, payments, and other functions. Visa Inc. has been announced as a founding partner of Bay FC, a new Bay Area women’s professional soccer franchise in the National Women’s Soccer League. Dime Community Bancshares launched …

Artificial intelligence, once the stuff of science fiction, is coming fast to the business of bill payments. Here’s why—and how.  I recently turned on my smart speaker and enjoyed a music playlist curated just for my tastes and listening habits. When I scrolled through social media, I received customized shopping …

The RFP is emerging as one of the most important features of real-time payments platforms. Here’s how to implement it. Request for Payment (RFP) isn’t a novel concept in banking or payments, but it will drive a lot of innovation over the next decade. Many institutions will rely on RFP …

Digital wallets such as PayPal, Venmo, Apple Pay, and Google Pay are ubiquitous components of everyday financial activity for millions of people. With users increasingly using and maintaining cash balances on digital wallets, they are starting to demand 24/7 access to their money. They also expect faster and more visible …

Payments-technology provider Priority Technology Holdings Inc. posted record revenue of $755.6 million in 2023, up 13.9% from the previous year. The year was capped off by a record fourth quarter, during which Priority posted revenues of $199.3 million, a 12.2% increase from the same period a year earlier. In both …

Christopher Wray, the director of the FBI, recently testified in Congress that China has cyber-penetrated the United States and that its embedded cyber weapons can be unleashed on the day hostilities break out. This is a sobering thought. Our entire life is cyber-managed: the way we distribute power, water, gas; …

As banks and merchants fight over interchange regulation in Washington, the real struggle is in shoppers’ wallets, phones, and Web browsers. Last month, I wrote about how merchants use discounts, surcharges, and direct bank payments to influence consumer behavior. This month, we’ll look at another tool that merchants can use …

The iPhone maker is known for its impeccable technology. What is less obvious is its nuanced but multipronged assault on the payments business. Ask anyone on the street what Apple Inc. does, and such is the company’s fame that even the least technology-inclined will respond immediately with examples like the …

Having completed on Feb. 1 a 55% spin-off of its massive Worldpay processing operation, FIS Inc. is now looking to concentrate on priorities including digital banking, real-time payments, and share buybacks, the company’s top executives said early Monday. Nor is the big Jacksonville, Fla.-based processor ignoring its potential gains from …