Michael Moeser is an Austin, Texas-based senior content strategist for Arizent. He has over 25 years of payments and consulting industry experience working in executive roles at Visa, Capital One, McKinsey, Javelin Strategy, and Ondot Systems. He has an MBA in Entrepreneurship from DePaul University’s Kellstadt Graduate School of Business and a BBA in Finance from University of Michigan’s Ross School of Business.
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Rather than homing in on specific methods to accommodate real-time payment processing, Wells Fargo realized a mix is the best bet to avoid inadvertently leaving parts of its client base in the dark.
October 8 -
None of the 10 financial institutions in the Bank of Thailand's electronic know your customer verification test have completed the trial, raising a red flag for the myriad biometric risk projects underway.
October 7 -
PayPal’s cross-border remittance unit Xoom is hoping to build a faster payments market in South Korea by enabling direct delivery into bank accounts, a channel that tends to be more expensive than other options.
October 4 -
Square has expanded its invite-only pilot for CBD products in the U.S. to all of its existing merchant accounts, but is charging a premium.
October 3 -
Fleet and fuel card company FleetCor is adding to its business lines, a strategy that includes an acquisition of Travelliance that will open a lane into airline lodging program management.
October 2 -
Recent reports that counterfeit card fraud is markedly down in the U.S. since the introduction of EMV chip cards in 2015 is fantastic news, except for retailers that also sell goods sells online. In that case fraud has merely moved from an in-store payment attempt to a card not present (CNP) one. For e-commerce only stores the rise in payments fraud attempts has been a deluge.
October 2 -
Visa is leaning more heavily on its Issuers’ Clearinghouse Service to help banks combat the rise of synthetic fraud, which it attributes in part to a security measure adopted by the Social Security Administration years ago.
September 27 -
Klar has completed two funding rounds — one for equity and one for debt — raising over $57 million in funding, including Santander’s InnoVentures as an equity investor.
September 25 -
The Clearing House is working to add its Real-Time Payments (RTP) network as a third payment rail for Early Warning Services’ Zelle P2P payments service and to enable Zelle bill pay and possibly point of sale transactions.
September 25 -
AiFi has partnered two global powerhouses in banking and groceries to pilot an Amazon Go-like convenience store in the Netherlands.
September 6
