Payments Technology

Merchants, payment gateways, credit card issuers, and banks and have long battled the problem of orders falsely declined as part of fraud prevention programs often operated in isolation by partners in the payments system. Experts estimate losses to merchants could be as high as 10% ...

A new partnership of CPI Card Group (CPI) and Visa is another step forward in reducing ocean waste by using recycled plastic to create attractive new debit, credit, and other plastic payment cards. CPI’s Second Wave ™ card is recovered from ocean-bound plastic waste, recycled, ...

Accounts payable and payment automation provider MineralTree announced new platform features and multicurrency payment processing capabilities for businesses sourcing products and services internationally. The new features allow users to automate the capture, processing, and approval of international invoices using the same platform and workflow used ...

Point-of-sale (POS) funding technology platform ChargeAfter and Japanese venture capital firm MUFG Innovation Partners (MUIP) announced plans for a strategic investment to provide global e-commerce and brick-and-mortar retailers with the technology and tools to approve more applications for POS financing from multiple lenders in real-time. ...

Global payments platform Paysafe launched the Skrill Money Transfer service which allows customers to transfer money for free to friends and family in Mexico, India, and 16 other Asian and European countries. First launched in October 2018 in Europe, Skrill Money Transfer was designed to ...

Credit unions in three Canadian provinces will be looking blue when it comes to modernizing their payments technology and platforms in a new eight-year, $100 million technology services partnership announced between 75 credit unions in Manitoba, Saskatchewan, and Alberta with IBM. The 75 credit unions ...

While bitcoin has recovered value substantially in the past 30 days, rising last week above $10,000 in trading, adoption is also showing some encouraging signs based on the growth in bitcoin ATMs in the US and abroad. Bitcoin Depot recently reached 545 bitcoin ATMs in ...

Point of sale financing platform ChargeAfter got a big boost with a strategic investment and network access to Visa’s network of sellers, acquirers and issuing banks. The new partnership provides Visa’s network of issuing banks access to ChargeAfter to offer Visa cardholders with more financing ...

The global automated accounts receivables marketplace was estimated at $1.7 billion in 2019 and is expected to grow at an annual rate of 12.1% to reach $3 billion by 2024 according to research by MarketsandMarkets. The US is also one of the largest markets in the world for accounts receivable financing ...

By Vinay Kashyap, Mainsail Partners As 2020 gets underway, the upheavals that shook the payments industry over the past year show no sign of ending. All signs point to transformational change in 2020. Top trends to watch in 2020 include the continued growth of embedded ...