Checkout-technology provider Bold Commerce said it is working with Link Financial Technologies Inc. to enable Bold Commerce’s client merchants to lower acceptance costs via Link Financial’s open-banking capabilities. Payments provider Bankful said it has enabled an integration to e-commerce platform Woo (formerly WooCommerce) to widen the choice of payments for Bankful client merchants to …
Read More »Search Results for: pay by bank
Zelle Banks Issue Refunds; Fanatics Picks Paysafe; Klarna’s Creators Customization
PayPal’s New Chief Sounds off; Nuvei’s Open Banking Push; Deluxe’s Payments Results
Global’s Take on the Fed Debit Move; Dwolla’s Open Banking Deep Dive; Western Union’s Paysend Deal
Fiserv Touts a Link to Melio to Reach More Banks for Payments And Acquiring
Numbers from Fiserv Inc. early Tuesday indicate the big processor’s payments and network business for financial institutions is growing at a steady clip, with September-quarter revenue in that business up 5% year-over-year, to $1.71 billion in volume. Riding that wave, the company’s top brass late Monday announced a deal with …
Read More »J.P. Morgan Debuts Pay-by-Bank And Other Digital Transactions News briefs from 10/20/23
J.P. Morgan Payments launched its pay-by-bank service, relying on open-banking technology from Mastercard Inc. The service lets customers pay bills directly from their bank accounts. Block Inc.’s Afterpay buy now, pay later platform announced a partnership with Nift Networks to offer users access to products and services offered by Nift. Point-of-sale system maker Revel …
Read More »Eye on Fraud; Experian’s Debit Card Score Boost; Exchange Bank Picks Pidgin for Real-Time Payments
Exchange Bank Picks Pidgin for Real-Time Payments And Other Digital Transactions News briefs from 10/2/23
Payments-technology platform Pidgin said it has agreed to provide real-time payments capability to retail and commercial account holders at Exchange Bank. AffiniPay LLC, a payments platform for professional-services firms, has sold its accounting-software unit, Soluno, to ActionStep, a provider of practice-management technology. Terms were not disclosed. The U.S.-based blockchain firm Coinbase Inc. announced it …
Read More »COMMENTARY: Banks Must Embrace Fintechs If They Want to Reshape the Future of Global Payments
The world of global payments is undergoing major changes as new technologies and players enter the payment space. While banks and financial institutions have historically dominated international payments, we are seeing new innovations and non-traditional competitors redefine how money moves across the globe. In recent years, the entire payments chain …
Read More »As Fintechs Target Cross-Border Payments, Banks Plan Major Upgrades, a Citi Report Finds
Nearly 90% of financial-institution clients predict 5% or more of cross-border market share will be forfeited to fintechs within the next 10 years, according to a study from Citicorp that canvassed more than 100 financial-institution clients. Why is this important? “The Bank of England estimates that the value of cross-border payments is …
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