American Express has focused the past few years on overcoming a couple of its stigmas — that not all U.S. merchants accept Amex cards, and that younger cardholders were not intrigued by the status of holding an Amex card.
January 24
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Payment Source Online is the essential resource for timely and comprehensive coverage of the payments industry.
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Head of real-time paymentsACI WorldwideJanuary 24 -
PartnerFTVJanuary 24
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PresidentMSTSJanuary 23
Data Sets
Some key catalysts for the next evolution of financial services are already obvious to the industry. But there are exogenous forces, both demographic and economic, that could pose existential threats to aspects of the business as conducted today. Inside, an examination of those potential sources of upheaval and ideas on how the industry might adapt.
The payments industry is a hotbed of innovation, and many of its larger players are eager to claim patents on new developments.
January 24
While the size of the global remittances market may ebb and flow with the global economy, one thing is clear – it’s massive, at over $700 billion in payments each year and growing.
January 23
While not as large as the U.S. both in number of people and number of credit card owners, the U.K. remains a very lucrative market for issuing banks and card networks, as well as a host of alternative financial service providers catering to younger, underserved consumers.
January 17
The National Retail Federation's annual conference, taking place this week in New York, is home to many innovations that could change the way merchants accept payments.
January 15
A strong economy in 2020 could lift the small-business card market, which is an important source of lending and payments for entrepreneurs and local merchants.
January 10
The annual Consumer Electronics Show, taking place in Las Vegas, is a showcase of bizarre and revolutionary new technologies — with a few providing glimpses into the future of fintech and payments.
January 8
Despite the convenience wearable payments hold, there are still obstacles that remain. Some factors are cultural, such as cash usage, or even more deep seated in the human mind, such as concerns over security.
January 3
2019 kicked off with a series of large, multibillion-dollar acquisitions that promised to forever change the landscape of the payments industry. And while those big deals were clustered at the start of the year, many other pivotal deals took place over the course of the year.
December 30
Paysafe surveyed over 200 ISVs and this is what they had to say about payment integrations.
The Latest
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With Synchrony smarting over the loss of Walmart and Verizon facing heat from T-Mobile's payment app, a card partnership was a natural fit.January 23
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Calculating the average U.S. phone bill to be around $80 a month, San Francisco-based Digit has established a way for consumers to more easily set aside money for that expense.January 23
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Square's merchants have shown early interest in cryptocurrency payments, and if merchants accept this new concept, it could exist along with other Square services to support numerous use cases, including broader financial services.January 23
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In a move to increase the attractiveness of its Real-Time Payment (RTP) network, The Clearing House is raising the transactional limit for single payments to $100,000 starting February 1, 2020.January 23
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In a move to increase the security of card transactions, the Reserve Bank of India (RBI) is requiring all advanced features such as contactless to be turned off for new and re-issued cards until the user opts-in.January 23
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Even in mature markets, consumers may not feel very connected to their payment cards. This is making issuers more reliant on selling data-driven experiences over simple transaction processing.January 23
Trending
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Marqeta has been certified as a European card processor with Mastercard to help digital banks issue cards more quickly, signing Twisto as the first customer of the collaboration.January 22
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Seeking to clarify how merchants and banks should handle PIN debit transactions, the Accredited Standards Committee X9 and PCI Security Standards Council have created a unified standard.January 22
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Tink, a Swedish fintech that developed an open banking platform used by 2,500 European banks, has secured $100 million in funding from various investors.January 22
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The future of brick and mortar retail is somewhere in the swamps of Jersey. Buried beneath a virtual sea in a place once called Xanadu is an underwater version of New York, a nautical Times Square where marquees scream “Piranha of the Opera,” and “Krill Grill.”January 22
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Providing simple and rapid claims payouts is a competitive feature in the property and casualty insurance industry. Both Visa and Mastercard see insurance payouts as a use case for their respective card-to-card transfer services, Visa Direct and Mastercard Send.January 22
