Standards are the prerogative of the International Organization for Standardization (ISO) for most industries around the world. According to ISO, “ISO standards are internationally agreed by experts” and “should be thought of as a formula that describes the best way of doing something.”  Unfortunately, the roles of ISO and its …

Processor Shift4 Payments Inc. on Thursday expanded its presence in the gambling industry to include online gambling and fantasy leagues through a partnership with Sightline Payments, a provider of cashless gaming and betting solutions. The partnership complements Shift4’s existing relationships with Las Vegas casinos and other betting venues around the …

New national systems, the card networks, and blockchain operations are all piling into real-time payments. What’s going on, and why? If the travails of 2020 had any advantages, they lay in how the struggle with the pandemic offered opportunities to demonstrate the vital utility of technologies like contactless payments and …

The confluence of digital payments and economic hardship during the Covid-19 pandemic has led another major supermarket chain to offer SNAP EBT acceptance through its mobile app and on its Web site for curbside pickup and home-delivery orders. H-E-B, with 329 stores in Texas and another 55 in Mexico, said …

Among the hardships some consumers are bearing these days, rent payments can loom large. This week, a housing-payments startup called Xspaced and payments provider Dwolla Inc. launched a feature that allows tenants to split rent payments into anywhere from two to four installments each month without accruing interest. Landlords still …

It’s a hot time for buy now, pay later companies, especially when buyers come around. Affirm Inc. is buying Canadian rival PayBright Inc. and Alliance Data Systems Corp. completed its acquisition of Bread, the brand ran by Lon Operations LLC. Buy now, pay later specialist Affirm Inc. said it will acquire …

In August last year, when the Federal Reserve announced it would jump into the real-time payments arena, proponents of the idea were elated. A public sector competitor would be needed, they argued, to offset the rapidly advancing network at The Clearing House Payments Co. LLC, an entity owned by 25 …

The data networks that connect payments and other financial apps to users’ bank accounts are scrambling to standardize data access by moving to application programming interfaces and away from an older, cruder form of access known in the business as “screen scraping.” The effort comes as financial apps gain popularity …

Payments provider Paya Inc. has signed an agreement to acquire The Payment Group (TPG), a provider of integrated payments to utilities and government. TPG’s software allows consumers to digitally pay their court and utility bills. Terms of the deal, which is expected to close in October, were not disclosed. As …

The data networks that connect payments and other financial apps to users’ bank accounts are scrambling to standardize data access by moving to application programming interfaces and away from an older, cruder form of access known in the business as “screen scraping.” The effort comes as financial apps gain popularity …