Payment processing

Payments software provider SpotOn Transact LLC has received $40 million in new funding from Franklin Templeton and participant Dragoneer Investment Group.

The key to capturing young consumers is flexibility and choice at the point of sale, says Michael Rouse, chief commercial officer at Klarna.

Digital payments are creating a wealth of data that can be used to inform other types of financial services for managing debt or promoting financial inclusion — and these services are, in turn, attracting the interest of venture capitalists.

Transit has pushed contactless payments in the U.K., and it will happen in the U.S. too, according to Daniel Kornitzer, chief business development officer for Paysafe Group.

Fiserv Inc. is kicking off a cross-Atlantic bond sale that could raise about $12 billion to help finance its acquisition of First Data Corp.

The payments space is expected to see continued consolidation, new fraud patterns and more contactless cards for the second half of 2019.

Brazil is the latest Latin American country to establish plans for a low-cost instant payments network with the aim of increasing financial inclusion and eliminating cash from the economy.

Security, operational challenges and new operational requirements all make for a complex, yet necessary, transition to open banking in the age of PSD2, according to Maria Allen, global head of financial services for Unisys.

Readers weigh potential risks in the leveraged loans market, debate Herb Sandler's legacy, consider the role the Fed should play in real-time payments and more.

Over time, real-time payments could become the predominant payment type while virtually eliminating cash and checks.