MoneyGram International is looking at alternatives for the payments company including a sale, reported Reuters. Reuters, citing people familiar with the matter, reported MoneyGram is being prompted by its failed bid to sell itself to Ant Financial of China for $1.2 billion to look for...
Cash is a general no-go in prison, with inmates required to use funds and wages deposited into accounts to pay for commissary items. Prisoners also can resort to de-facto forms of currency that typically include postage stamps and packs of ramen or fish (desired because...
Ingo Money, the instant money company, announced Thursday (Dec. 13) the rollout of Ingo Money QuickConnect, which is a service that lets any company issuing money to customers to offer push-to-card payments via Visa Direct. In a press release, Ingo Money said the product is...
Coinone, a South Korean-based platform for cryptocurrency exchange, has released a blockchain-powered remittance app called Cross, according to a report. Cross uses Ripple’s blockchain network, RippleNet, and doesn’t rely on traditional banking mechanisms. It offers payment services for people who want to send money to...
Cardstream, the U.K. provider of white-label payment software and services, announced on Tuesday (Dec. 11) the launch of a new initiative that is aimed at accelerating the adoption of Mastercard’s Secure Remote Commerce Masterpass V7 wallet and its Pay By Bank app. In a press release,...
2018 has been the year of many things in payments and commerce. For Visa Global Head of Payments Products and Platforms TS Anil, it’s been a year in which many big steps have been taken on the journey toward giving merchants something that has made...
Google Pay, a digital wallet and payment platform, has added about 30 new U.S. credit unions and banking institutions to its platform this month, according to a report. The list of banks added to the list has been growing recently, including international ones as well....
Forty countries: That’s how many places either have real-time payments programs in progress or live. That’s progress. Yet, there is more work to be done. In the latest edition of the PYMNTS DataDrivers podcast, Karen Webster talks with George Evers, senior vice president of real-time...
Mastercard and Next Retail Concepts announced a new way to shop online this holiday season, with a new digital environment that lets shoppers browse and buy as if they were in a physical store. In a press release, the two companies announced they are launching...