The information you need to start your day, from PaymentsSource and around the Web:
Targeted rewards
Target's battle with Amazon and Walmart has extended to third party sales, with new perks to woo shoppers.
Consumers will have access to the same loyalty marketing when buying from Target's third party site, called Target+, and will also get a 5 percent discount when using Target's REDcard,
Target also recently opened up its in-store payment technology by supporting NFC-based contactless payments, including
Digital ID gets a boost
Passwordless authentication is available to developers through an API, and can potentially support payments and other mobile transactions with more dynamic security that takes less navigation to access.
FIDO — a cross-industry association that supports the sunsetting of static authentication methods such as usernames and passwords in favor of
Tap in
The upgrade works through a chip that is placed into a watch strap and tokenized to Tappy Technologies' Universal Passive Provisioning Unit.
The two companies, which join a range of other developers who have built mobile payment add-ons for
SMB play
South African bank
Payabill provides working capital for clients, who select extended loans based on payment flow. SasFin's stake will support larger loans.
Providing alternative capital sources for small businesses has become an increasingly popular business line for fintechs globally, with product deployments coming as recently as Feb. 25 from
From the Web
Reuters | Tue February 26, 2019 - The European Commission is considering new rules to speed up the take-up of a European instant payment system launched last year by the European Central Bank, in a direct challenge to card firms and tech giants, like PayPal, a top official said.
CCN | Mon February 25, 2019 - T Store, a mobile application marketplace operated by SKT, the largest telecommunications giant in South Korea, officially introduced Samsung Blockchain Keystore and the revolutionary native crypto wallet on the Galaxy S10.
Fortune | Mon February 25, 2019 - Coinbase plans to add XRP, one of the world’s most controversial cryptocurrencies, to the list of virtual coins traded on its exchange, the company said. XRP is a digital asset tied to a blockchain ledger that’s used for cross-border payments.
More from PaymentsSource
From free food to foosball to unlimited paid leave, fintech firms offer a variety of unique perks.
Every week starts and ends the same way — with meetings where departments can share successes and challenges. It’s one way the payments company ensures cross-collaboration.
When talk turns to employee perks at tech upstarts, the focus is frequently on bean bag chairs and ping pong tables.
Business management software provider Sage will partner with U.K. fintech Modulr to deliver real-time salary and supplier payments to small and medium-size businesses in the country.
