By Jeff Domansky, Nov 9, 2020 It’s no secret payments and shopping habits have changed around the world as a result of the global pandemic. Recent data from Lithuanian and UK cross-border payments provider Wallter.com shows three unmistakable payments trends in response to the COVID-19 ...
Read more
Banking
Banking
What a week! While the US waits for a clear election winner, the payments world was busy as usual. Here’s a fresh news roundup to keep you informed on the latest developments in the global payments industry. Top companies in the news include Visa/Plaid, Ant ...
Read more
Editor’s note: Late yesterday Visa issued the following statement in response to the US DOJ lawsuit: “Visa strongly disagrees with the Department of Justice (DOJ), whose attempt to block Visa’s acquisition of Plaid is legally flawed and contradicted by the facts. This action reflects a ...
Read more
By Jeff Domansky, Oct 29, 2020 New developments and improvements in voice technology are already driving customer service, bot automation, and even investments in the banking and payments world. Juniper Research estimates that over 4.2 billion digital voice assistants are in use on devices worldwide ...
Read more
By Jeff Domansky, October 27, 2020 Editor’s update: CNBC reported today (Nov 3) that “Ant Group’s controller Jack Ma, executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China, according to a statement Monday from the China Securities Regulatory ...
Read more
As the biggest shopping season of the year approaches in the US and around the world, it’s also a hectic time for payments industry news. We’ve got another payments news roundup with all that you need to stay ahead of the latest payments and fintech ...
Read more
After a year of development and testing, Visa rolled out its new Tap to Pay mobile payment app that will let micro-merchants and sellers worldwide quickly and securely accept contactless payments on any NFC-enabled Android device without the need for any additional hardware. The new ...
Read more
Nacha’s US Automated Clearing House Network (ACH) report for electronic funds transfers in the third quarter of 2020 showed exceptionally strong growth in volume and value despite the end of some government pandemic payments. ACH handled more than 6.8 billion payments in the third quarter, ...
Read more
Global payment card expenditure grew 13% last year, to reach $35 trillion, according to the latest industry research. Despite a frequent US and western-biased view that Visa and MasterCard hold the dominant global market share for payment cards, that’s not the case. While the two ...
Read more
While COVID-19 is spurring new entrepreneurial startups, San Francisco-based fintech Azlo has launched a new set of digital banking, invoicing, and back-office tools to help SMEs and freelancers manage their back-office financial functions more efficiently and less expensively. Azlo Pro is a new subscription-based set ...
Read more