Payment processing

Adyen NV has clinched a deal to process McDonald’s Corp.’s mobile app payments, beefing up the Dutch company’s portfolio of clients in an expanding sector.

In order to ensure that the public benefits from a faster payments system, we strongly support the Federal Reserve playing a key leadership role, just as central banks have successfully done in other jurisdictions, says TransferWise's Harsh Sinha.

MFS Africa has spent the last decade building an interoperable mobile payments system linking millions of consumers in Africa, and now it’s formed a partnership with Visa to extend global card acceptance to its users.

Worldline and CashSentinel will work on services that will fit requirements for traditional online marketplaces for physical products, franchise systems, self-checkout solutions and smart city apps.

Private equity firm Lovell Minnick Partners has finished what it calls a "significant growth investment" in payments technology and merchant services provider Fortis Payment Systems, LLC.

Traditional acquirers are under severe pressure from the digital payments revolution, challenged to hold onto clients by stitching together legacy systems, existing hardware, mobile, cloud and apps. Those that can harness innovation and find the right startup partners can not only stave off elimination, but drive the next generation of multi-channel shopping and transaction revenue.

Smaller enterprises don't have the resources of larger firms, but open source technology may be helpful, says Pimcore's Shashin Shah.

Payments messaging standards provider Swift has opened its global Know Your Customer registry to all the corporations it connects to following a successful test.

WEX will begin managing the fuel card portfolio of Valero Energy Corp. next year, covering 5,000 U.S. fuel stations, as an extension of the partners’ existing card acceptance agreement.

French marketplace payment processor Lemon Way has raised €25 million from Toscafund Asset Management to help banks compete with the likes of Adyen, Paysafe, and Stripe in the fast-growing marketplace sector.

Payments application provider Ixaris is partnering with global travel marketplace provider Sabre to expand into new markets across Europe.

The United States could be the point-of-sale lender's largest market within two years, its CEO says. The firm's investors include BlackRock, Sequoia Capital and the rapper Snoop Dogg.

Whether data leaks come from internal mistakes and exposures or from direct hacking, the outcome is the same. Data is exposed and cybercriminals are using it for fraud today, next year or several years from now, says NuData's Rosemary O'Neill.

If the intention is for FedNow to give the market a choice, particularly to smaller, local banks then interoperability between the TCH and FedNow is a must, says FIS' Elena Whisler.

In many ways, the payments industry resembles the health care business — pulled into the future by rapid digitization and conflict over the role of government.

Apple Inc.’s digital wallet is expanding in Europe just as regulators crack down on the tech giant’s move into financial services.

In order to overcome this digital payment inertia we need to design solutions that allow buyers and suppliers to focus on a more critical aspect of the transaction experience—the sale itself, says Billtrust's Nick Babinsky.

WeWork has gotten its share of bad news this year, but parts of its concept are filtering into small business retail, providing one clue of what the next wave of shopping and payments will look like.

If your current program incurs a high number of false declines; blocks orders from specific countries or entire regions based on fraud; or blocks deliveries to specific countries or regions for fear of fraud, then that fraud prevention strategy is hindering your sales and growth. says ClearSale's Rafael Lourenco.

Traditional rules-based platforms are insufficient to protect real time payments. Using historical patterns can predict some fraud but will not prevent new evolving patterns as they emerge for the first time, says Deep Labs' Michael Lynch.