Payments

Venmo is for consumer payments, but that same simplicity can benefit corporate payments, writes Jay Dearborn, president of corporate payments at Wex.

Midigator, which markets software to help e-commerce merchants manage payment card chargebacks, has received $30 million in funding from private equity firm LLR Partners to further develop the product.

Uber is clearly doing more to get into payments, but is hampered by a heavy regulatory burden and self-inflicted wounds to its brand.

Confusion over whether certain digital currency transactions are considered securities is shutting many U.S. investors out of initial coin offerings and spurring illegal behavior.

The fintech is partnering with WebBank to offer a normal-rate, unsecured credit card for people with no credit or a thin file. Petal will consider how much money consumers make, the bills they pay on a monthly basis, and trends in volatility in their income and expenses.

Braintree's newest offering is designed to make e-commerce partnerships easier — at least, from a technology perspective.

China’s Alipay mobile wallet is now accepted by airport retailers in the Middle East and Africa through a collaboration between Qatar Airways and Wirecard.

French supermarket chain Carrefour has launched its own mobile wallet, making Carrefour Pay available to customers as part of its plan for a complete omnichannel experience.

Despite more bank and investor activity around digital P2P payments, consumer usage of P2P is a mixed bag.

With smaller screen sizes and increased levels of distractions ranging from a text or a notification, pitfalls in the checkout process can result in more abandoned carts than successful transactions, writes Andre Lyver, director of engineering for financial services at Shopify.

Microchip implants could be considered the ultimate form of mobile payment — skipping the smartphone altogether in favor of giving people bionic abilities. And a small segment of the population is already lining up to try it out.

Bank of America is giving its small-business credit card customers some of the key features of the credit card rewards it offers consumers.

Denizen is designed for expats and migrants to receive money and make payments without international transfer fees or currency exchanges.

Digital money transfer provider SimbaPay has added an artificial-intelligence-powered chatbot that will enable banks and other companies to offer international money transfer to customers across Africa and Europe through text messaging.

As the agency pulls back its enforcement efforts, it opens the door for state authorities to pursue more cases against financial startups for their data collection and privacy practices.

By aligning, the two companies hope to offer efficiencies in a fiercely competitive business payments market.

PSD2's open banking wave is attracting lots of attention from payments technology firms, and Zafin is making moves to cement its place in the market.

The problem is that, like usernames and passwords, biometrics are a static form of identity that can be exploited rather than a dynamic method that's of little use to crooks if stolen.

As new customers visit a restaurant for the first time, Punchh Acquire delivers information about the customer and assigns them with digital identities and profiles.

The tracking engine automatically provides status updates to all GPI banks involved in any GPI payment chain and allows them to confirm when a payment has been completed.