Banking

Banking

Even on-demand pay app
Banking Payments Technology Payments Trends

PayPal employees will get on-demand pay and Even financial wellness tools

By Jeff Domansky, Nov 17, 2020 In a new partnership with on-demand pay technology firm Even, PayPal will offer its US employees access to an early-pay service and other financial wellness tools designed to improve financial stability and enhance employee budgeting, savings, and other financial ...
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Pix digital payments in Brazil
Banking E-commerce Fintech

Uber and EBANX partner in payments with Pix in Brazil

By Jeff Domansky, Nov 16, 2020 Uber and Latin American fintech EBANX have launched an exclusive payments partnership for processing Brazil’s new instant payments system Pix. Brazilians will be able to pay for their Uber rides and Uber Eats orders with Pix and EBANX through ...
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Visa's global business view
Banking E-commerce Payments Trends

Visa CEO Kelly sees payments industry relief on the horizon

Highlights from Squawk Alley anchor Carl Quintanilla’s Nov 10 CNBC Evolve Summit interview with Visa Chairman and CEO Alf Kelly By Jeff Domansky, Nov 10, 2020 Between the pandemic, new competition, and a looming US Department of Justice antitrust lawsuit, let’s just say Visa, along ...
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cash crash is growing
Banking Payments Trends

Will cash crash or make a comeback post-pandemic?

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 ...
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Banking E-commerce Fintech Payments Trends

Nov 6: Global payments news roundup

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 ...
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DOJ blocks Visa acquisition of Plaid.
Banking Fintech

US DOJ blocks Visa’s $5.3 billion acquisition of fintech Plaid [Updated]

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 ...
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voice payments are growing more popular
Banking Mobile Payments Payments Trends

Are voice payments ready to find their voice?

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 ...
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Ant Group’s $34 billion IPO
Banking Mobile Payments Payments Trends

Ant Group’s record $34 billion IPO will be world’s largest [Update: suspended by regulators]

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 ...
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global payments news roundup
Banking Fintech Payments Technology

Oct 26 Global payments news roundup: Ant Fin’l, Stripe, JPMorgan, Visa, Wirecard, PayPal, 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 ...
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Visa Tap to Phone
Banking Mobile Payments Payments Technology

Visa launches Tap to Phone mobile payments in 15 markets

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 ...
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