Monday , September 30, 2024

Search Results for: pay by link

Worldline Adds Splitit as a BNPL Option for Merchants

Global processor Worldline S.A. will make Splitit, a white-label buy now, pay later provider, available to its roster of merchants and marketplaces, starting first in North America. Announced Tuesday, the integration will enable Worldline merchants to offer card-based installment payments within the existing checkout flow. Merchants can use their brand …

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Zelle Users Are More Profitable for Financial Institutions, says an Early Warning Study

Customers new to using Zelle, the peer-to-peer payment network operated by Early Warning Services LLC, have higher levels of engagement with their financial institutions than customers not using Zelle. That’s according to a recent study conducted by Early Warning and Curinos, a provider of data and technology technologies to financial …

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No Slowdown for Record-Breaking Phishing Attacks

Phishing attacks continue to set record highs. The third quarter of 2022 was the highest quarter on record for number of attacks, according to the latest Anti-Phishing Working Group’s Phishing Activity Trends report, released Wednesday. The APWG observed 1,270,883 phishing attacks during the September quarter, up 16% from a then-record …

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An FIS Board Shakeup Arrives As the Processor Begins a Wholesale Company Review

FIS Inc., one of the world’s largest payment processors, is undergoing more changes at the top. Jacksonville, Fla.-based FIS will replace its existing board structure, where Gary A. Norcross, chief executive, also was board chairman, with an independent director as the chair beginning Dec. 16. Replacing him as chairman is …

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Eye on Acquiring: Prizeout’s e-Gift Card Integration With Square; Ingenico Teams Up With Izicap

Prizeout Corp., an adtech firm and e-gift card issuer, has partnered with Square to enable Square merchants to integrate their Square account with Prizeout’s platform. The integration will streamline e-gift settlement for Square merchants on transactions managed by Prizeout. In addition, Square merchants will be able to make their e-gift …

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Is BNPL Risk Overstated? New Data Suggests It Isn’t

One impression of consumers who use buy now, pay later services is that they may not be as financially literate as others. New data from Capterra, a software reviews and selection platform, indicate that picture may not be entirely accurate. In Arlington, Va.-based Capterra’s “2022 Buy Now, Pay Later Survey,” …

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The CFPB Proposes to Publish Details on State or Local Enforcement Actions

The Consumer Financial Protection Bureau has become a much more active regulator of payments and other financial industries since the onset of the Biden Administration, and on Monday the agency lent further momentum to that trend. The 11-year-old federal agency is now asking for public comment on a proposal that …

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Global Card Networks Are Thriving, Though Domestic Systems Could Pose a Threat

The number of card-accepting merchant locations around the world reached a record high of 88 million in 2021, up 2% over 2020 as measures to fight the pandemic helped stoke consumer usage of payment cards rather than alternatives like cash, according to research released Monday by London-based research firm RBR. …

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COMMENTARY: How Banks And Credit Unions Can Create a Top of Wallet Experience for Consumers

As the holiday season continues and the cost-of-living rises, shoppers are searching for meaningful yet budget-friendly gifts for loved ones. Consumers need financial flexibility to make large purchases without using their entire paycheck to do so. Buy now, pay later solutions continue to rise in popularity as consumers search for …

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Airwallex Enlists Plaid in an Effort to Streamline ACH Transactions for Its Merchants

Airwallex, an Australia-based fintech, has partnered with Plaid Inc. to enable merchants in the United States to streamline transactions initiated through the automated clearing house. Airwallex merchants can leverage Plaid’s open-banking technology to authorize adding funds to their Airwallex wallet from an external bank account or to accept payments from …

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