Payment processing

The Ottawa-based company plans to offer tools including online store design, payment, shipping and marketing in more than 40 states to merchants of hemp-derived cannabidiol, which was legalized in December and is found in everything from skin creams to snacks.

Credit unions are upping their involvement in all things related to payments in an attempt to bolster the bottom line and ensure they keep up with the competition.

The CFPB’s enforcement action against Maxi suggests that the CFPB may more aggressively enforce certain rules going forward, writes Jeffrey Alberts and Dustin Nofziger of Pryor Cashman.

Goldman Sachs, Elevar Equity and QED Investors are among institutions financing Mexican lenders that fund SMEs.

Telling staff the tech frees up time is an important part of bot-enabled payment strategy, says Troovo's Kurt Knackstedt.

Square is testing out a new Cash App feature that would enable users to make free stock trades, according to a video outlining the product’s features seen by Bloomberg.

The new regulation in New Zealand shows other jurisdictions how best to address cryptocurrencies and their use in payments.

A reluctance to embrace change is keeping supply chain payments slow and labor intensive, says Adflex's Pat Bermingham.

The creator of the Zelle precursor clearXchange is heading a company building a blockchain-based international payment technology for banks.

The guts behind the printer are the differentiator to produce new cards quickly and securely, says Matica's Paul Schwerdtfeger.

This ruling by the New Zealand Government shows the jurisdiction’s versatility in broaching how best to address cryptocurrencies and the implementation of regulations around their use in payments, says NEM Ventures' Dave Hodgson.

Researching how pain points make consumers work harder can fix payment execution, says UJET's Anand Janefalkar.

SumUp, a U.K.-based mobile point of sale company, needed a way to differentiate itself from larger rivals such as PayPal, Square and iZettle. Its solution is to offer faster settlement, in partnership with Starling Bank.

Collections professionals are often overlooked because they are forced into a reactive and uncomfortable role. In reality, collections teams are very similar to the much more lauded sales team, says Billtrust's Derek Bluestone.

Hint: For their e-commerce clients, it's all about faster payments.

Stripe and JPMorgan Chase are firing rapid shots in their battle to win businesses, with faster payments as the centerpiece of their offerings.

The massive scale of the e-commerce market is burdening community banks with its volume of payments. But there may be strength in numbers.

MoneyGram has partnered with Visa to leverage debit push payments for P2P transfers in the U.S., with plans to eventually expand the service internationally.

FedNow will provide another option for real-time payments but executives will have to decide if this option is right for their institution.

Enterprise payments remain a complex litany of disparate processes burdened by fraud, labor and errors, says Troovo's Kurt Knackstedt.