American Express announced it is planning to roll out a new real-time product that will let U.K. consumers pay for goods and services online, the company said in a press release on Monday (Sept. 23). Its Pay with Bank Transfer will be offered in Q4...
As more startups penetrate the $1.5 trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025, according to an Accenture report and press release circulated on Monday (Sept. 16). Financial institutions currently control the international payments...
The frustration is a common one, and a form of friction very well-known to the PYMNTS New Orleans Bureau, in fact: having to send a check — a paper check, with envelope and postage stamp and the hope that the mail carrier doesn’t forget to take...
Paytm is perhaps the largest and best-known domestic name in mobile payments in India, but it continues to struggle on the path to profitability. As of its last earnings report, Paytm’s parent firm One97 reported a veritable explosion in losses over the last year, largely...
Indonesian ride-hailing company Grab wants to overtake its rival Gojek, and has some mergers planned to do so, according to Reuters. The SoftBank-backed company is reportedly looking to merge Indonesian FinTech OVO — in which it owns shares — with Ant-backed DANA. It would buy...
Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. 10). “With other payment processors, when a small business is looking to get paid, it can take 24, 48, sometimes 72 hours over the...
A new NFL football season wasn’t the only thing that kicked off in recent days. It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field...
Finding an apartment is no easy task, burdened by finding the right broker, the right landlord – and timing everything from the lease to internet service is stressful. Fresh off a seven million pound capital raise, Residently CEO Tom Allason tells PYMNTS the online platform model...
Opportunities come in various forms and disguises, and that could be the case for payments and commerce operators when it comes to the European Union’s revised Payment Services Directive (PSD2) and its strong customer authentication (SCA) rules. Those rules stand as among the most critical...
