Paytronix Systems and Oracle are rolling out a new initiative that will enable restaurants and retailers that use Oracle’s cloud-based point of sales system to offer online ordering and contactless delivery. Newton, Massachusetts-based Paytronix on Tuesday (Oct. 6) unveiled a full integration of its ordering...
Nexi, the Italian digital payment company, agreed Sunday (Oct. 4) to buy its FinTech competitor, SIA, for about 4.6 billion euros ($5.4 billion) in a stock deal to create one of Europe’s biggest payment providers, The Wall Street Journal (WSJ) reported. The transaction will create...
While the global pandemic has taken a toll on almost every business, consumer demand for all things touchless is surging — and has even been a driver of growth for QR codes. Although the 20-year-old technology has long enjoyed strong adoption in Asia (especially China),...
The great digital shift is transforming credit cards into money management tools. In an interview with Karen Webster, Jess Turner, EVP of products and innovation for Mastercard, said the continued expansion of its Digital-First Card Program in North America helps to move the digital card...
Marqeta, the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company announced on Tuesday (Sept. 29). “We’re excited to open this technology up to any card issuer, especially at a moment...
Accounts payable (AP) is undergoing its own digital shift as companies modernize a B2B payments ecosystem that until recently was surprisingly paper-based despite five solid years of serious innovations on the part of financial institutions (FIs) and FinTech. PYMNTS’ CFO’s Guide To Digitizing B2B Payments...
A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. 29). The release pointed to the confusion around looking at one’s online statements, which can often be filled...
Amid the myriad challenges of 2020 — the pandemic, the wildfires, the hurricanes, the social unrest — the silver lining might be that firms of all sizes have learned to pivot, to serve their end customers in nimble ways. In an interview with Karen Webster,...
Consumer engagement has become a very different ballgame for financial institutions (FIs) in the past several months, as the physical branches that were the cornerstone of making connections with customers closed down. That left FIs scrambling to “rapidly figure out how to get that same...
