Payments

WEX will support Visa’s virtual credit cards for corporate payments, expanding the international digital payment options for WEX’s B2B customers.

Though it’s still early in the development of voice assistant technology, researchers are getting a sense of who’s most likely to use voice commands for shopping and payments.

Grubhub's deal to purchase of LevelUp, announced alongside its second-quarter earnings, is a deal that seems to make more sense for LevelUp — expanding its offerings to include delivery — than it does for the buyer.

Spurred by the PSD2 regulation, the introduction of open banking has also played a key role in a shift to software-delivered services, according to Jason Bobb, senior vice president of global sales and business development for Canonical.

Under its new chargeback rules, Visa retired one of the chargeback codes that merchants almost always lost — "transaction not recognized," formerly listed as Chargeback Reason Code 75.

To make informed decisions about fraud prevention, merchants must understand the current fraud landscape, customer expectations, and the risks and rewards associated with internal and external fraud prevention approaches, writes Bernardo Lustosa, partner, co-founder and COO of ClearSale.

Two payments startups, PayStand and Quadpay, are collaborating with Silicon Valley Bank and First Data during a four-month accelerator program to explore mutual product development opportunities.

With just two partnerships, eBay is cutting off a big opportunity for community banks.

The new alliances follow EBay’s February announcement to gradually shift its payments processing business from PayPal to Adyen.

Dynamics has been in the high-tech payment card game long enough to see its market disrupted by two major shifts: the U.S. EMV migration and the launch of Apple Pay. Going forward, the company may find that the best way to deal with a fickle U.S. audience is to focus its attention elsewhere.

Dan Loeb’s Third Point has taken a stake in PayPal Holdings Inc. in a vote of confidence for the payments processor as it faces increasing competition from the likes of Amazon.com Inc. and Square Inc.

The news that Snap Inc. is shutting down Snapcash, a version of Square Cash offered on its Snapchat social media platform, may have less to do with P2P payments and more to do with the long-term future of the company itself.

Maybe it's coincidence, or maybe it's progress — in recent weeks, a number of large payment networks have suffered brief but widespread outages, particularly in Europe.

The recent tariff escalations could cause financial pain for specific shopping corridors, particularly in price-conscious locales.

Within hours of learning about the breach, Brinker International, parent company of the Chili’s chain, issued a news release, website notice and social media advisories informing consumers and other interested parties of the incident, writes John Gunn, CMO of OneSpan.

Mastercard and Worldpay are embarking on a strong push to promote Mastercard's Pay by Bank system, which will likely face a deluge of competition under the updated Payment Services Directive (PSD2), which took effect this year.

Canadian cardholders are holding back from applying for travel rewards-linked credit cards while they wait for the fallout from Air Canada’s decision to withdraw from the Aeroplan coalition loyalty scheme.

Merchant acquirers have moved mountains to embrace software and e-commerce over the old model of selling point of sale hardware, but there are signs that transformation is not enough to please investors.

The commercial that shows a landlord using Apple Pay Cash and iMessage to pry rent out of a tenant is meant to elicit a chuckle, but it also shows how P2P providers must aggressively communicate the capabilities of their apps.

The regulatory relief law passed this spring contained a measure to stop synthetic fraud, but the provision is incomplete.