Payments Innovation

Payments Innovation
Lynk Bets That Starbucks-Style Mobile Wallets Are Retail’s Next Big Thing
September 29, 2022

Disruption is an ongoing theme of the post-pandemic business world as traditional cards and rails are challenged by imaginative tech that’s redistributing the power of payments. For some, the dream is a closed loop payments system a la the Starbucks card and Starbucks Stars rewards...

Payments Innovation
Fear, Skepticism Drive Weird Relationship With New Tech
September 16, 2022

While panning PYMNTS’ weekly stream of research and surveys, an unexpected thread of mistrust, misperception and misuse emerged, involving both consumers and businesses, that wove through a range of seemingly disparate topics. Whether it’s the cool embrace of fully digital banks, the unavailability of instant...

Payments Innovation
FIS Debuts Embedded Payments Solution for Software Providers Serving SMBs
September 13, 2022

FinTech FIS said it’s launching a software-as-a-service (SaaS) solution to let smaller businesses get access to embedded payments and finance solutions through software providers, a press release emailed to PYMNTS said Tuesday (Sept. 13). Called Worldpay for Platforms, it will add embedded payments technology built...

Payments Innovation
Highnote Expands Collab With Visa, Certifies as Issuer Processor
August 30, 2022

Card issuance and management platform Highnote is expanding its partnership with Visa and has also become fully certified as a Visa issuer processor.   Highnote also finished the Visa Ready certification and will join Visa’s Fintech Fast Track program as an enabler in the U.S. market,...

Payments Innovation
This Week in Payments: Amazon Care Exits, Peloton Peddles Content, BNPL Shifting and the Inflation...
August 26, 2022

With news that Amazon is sunsetting its Amazon Care healthcare initiative, Peloton’s pivot to a more open ecosystem for its app and content and upbeat outlooks for the battered buy now, pay later sector seeing light at the end of the tunnel (it’s not a...

Payments Innovation
Process Plus Payments Digitization Delivers Greater Transparency for CFOs
August 24, 2022

Tangoe is in the business of helping customers reduce expenses, and one of those expenses is the cost of manually processing payments on both the payables and receivables sides. That’s why the firm has not only automated its own payments processing but also offers its...

Payments Innovation
Flexia Payments Debuts InstaPlay for Casino Customers
August 18, 2022

Gaming FinTech Flexia Payments has debuted a way for casino customers to enroll in a cashless gambling solution that includes casino loyalty systems, a press release said Thursday (Aug. 18). Called the InstaPlay Registration and Integrated Onboarding Module, it will let customers scan a QR...

Payments Innovation
Mobile Wallets Offer Egypt Digital Transformation and Use Case Expansion
August 18, 2022

According to World Bank data, in 2021 just 22% of the Egyptian population over the age of 15 owned a debit or credit card, and only 2% of the population had used a mobile phone or the internet to make a transaction. But things are...

Payments Innovation
Are Retailers Better Positioned to Scale Embedded Payments Than Banks?
August 16, 2022

Embedded payments are high on the list of hot topics in 2022, and as part of the broader embedded finance trend now building, expect to see more of it in more places. Calling embedded payments “the first wave of embedded finance” in a conversation with...