0

The future of cards, contactless and biometrics in payments

It’s an interesting time for the humble payment card. Card payments have steadily risen in the last two decades, but innovation for the card has slowed since the launch of contactless more [...]

0

Storr raises $3M, launches peer-to-peer mobile storefront marketplace

Storr, a San Francisco-based online retail marketplace, has raised another $3 million in funding led by Spark Capital officially launched its peer-to-peer platform, which allows anyone with a [...]

0

OpenFin raises $17M in funding led by Wells Fargo to expand financial OS

OpenFin Inc. has raised $17 million in Series C funding from major financial institutions, led by Wells Fargo & Co., to expand the use of its operating system software for banks. According to [...]

0

Co-op Financial Services debuts solution lines ecosystem for credit unions

Co-op Financial Services has developed new solution lines that align payments and financial technology solutions along five categories of products and services for credit unions. Co-op solution [...]

0

US Bank, Chrome River unveil AI-based mobile payment, expense management app

U.S. Bank and Chrome River recently unveiled a mobile payment and expense management tool, called the U.S. Bank Expense Wizard, which uses chatbots and artificial intelligence to help infrequent [...]

0

The future of payments choices at the fuel pump

Cash as a payment method isn’t disappearing anytime soon. But consumers are carrying less of it. In 2018, the average American had $42 in their wallet — $8 less than they did in 2017. And [...]

0

BMO to implement cross-border payments with Mastercard Send

Mastercard has entered an agreement with BMO Bank of Montreal to implement Mastercard Send, which will allow faster cross-border payments for its Canadian-based business and commercial banking [...]

0

Visa, FIS to collaborate on large cross-border B2B payments

Visa Inc. entered an agreement with Fidelity National Information Services Inc. to allow the company’s commercial financial institution clients to access Visa’s B2B Connect platform, [...]

0

Removing the drag from tableside payment growth in the US

As U.S. restaurant operators look to comply with EMV standards, there is a shift towards the European model of bringing the payment device to the table in the form of a tableside POS or card [...]

0

Wells Fargo begins contactless credit, debit card rollout

Wells Fargo & Co. has announced the launch of contactless consumer credit and debit cards that will allow customers to tap-to-pay at millions of retail stores, public transit hubs and other [...]