David Heun is an associate editor for technology at American Banker.
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Transaction Network Services has entered a partnership with cloud-based mobile commerce provider P97 to provide a managed tokenization service for mobile and in-vehicle payments.
February 19 -
Visa and Mastercard plan to raise interchange while battles over those rates and other levies such as merchant surcharging rage on, setting the stage for extra merchant expense, consumer costs and even more squabbling.
February 15 -
Virtual cards are showing potential to streamline business transactions, attracting a business payment collaboration between Barclaycard and SAP.
February 15 -
JPM Coin is not meant for consumer payments, but rather is a specific technology for a specific use case that the bank controls. Its value comes not from JPM Coin's appeal, but from JPMorgan's titanic wholesale payments business.
February 14 -
It often takes an underlying development, such as a major executive change or the launch of a new product or partnership to excite investors, but Diebold Nixdorf stock prices jumped Wednesday in the wake of a solid, but not outstanding, fourth quarter earnings report.
February 13 -
In a move to strengthen the open banking hub it created last summer in the wake of Europe's PSD2 legislation, Mastercard will work with platform provider Token.io Ltd to serve European customers.
February 13 -
Martina Hund-Mejean will retire after more than a decade serving as chief financial officer at Mastercard.
February 13 -
It took some time to get there, but mobile wallets may have finally found their niche — boosted more by e-commerce than by the point of sale systems they were designed for.
February 12 -
If MoneyGram couldn't be taken under the wings of Ant Financial, which operates China's Alipay wallet, it is doing the next best thing.
February 12 -
ACI Worldwide has added new digital in-store payment capabilities for merchants as an upgrade to its current real-time, cloud-based payments software.
February 11 -
SendFriend has raised $1.7 million in a funding round to support the launch of its money transmission service for overseas Filipino workers to transfer U.S. dollars to the Philippines' pesos.
February 11 -
A bounty of stolen payment credentials and complex processing makes online travel booking a crook's delight, but machine learning could be the tonic to combat a wave of fraud.
February 8 -
Western Union is in a "learning" phase as to how its digital advancements will connect with its physical locations, as well as what the Amazon partnership could lead to — and at least in this early stage, it appears to be succeeding.
February 8 -
TotalHousehold Pro, a website platform for home improvement contractors to manage their businesses, is partnering with CardConnect to launch a mobile app to allow contractors to accept payments in the field.
February 6 -
Payments providers PXP Solutions and Kalixa have merged to form PXP Financial, a London-based company focused on delivering omnichannel services to merchant acquirers.
February 6 -
Paul Stoddart, CEO of Vocalink, has been named president of new payment platforms for Mastercard, starting March 1.
February 5 -
Technology startups using the Brex credit card for business expenses will soon migrate to the World Elite Mastercard for Business.
February 5 -
American Express and Bill.com have launched a system to handle the accounts payable process plus the ability to pay vendors through virtual account numbers.
February 5 -
Venmo is not a moneymaker for PayPal yet, but that's not stopping the online and mobile payments giant from dreaming big about where its P2P service is headed.
January 31 -
The Society for Worldwide Interbank Financial Telecommunication is testing a link between e-commerce and trading platforms within its Global Payments Innovation network, with the first trial taking place on the Corda blockchain platform.
January 30
