PYMNTS-MonitorEdge-May-2024

instant payments

Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
Instant Pay Startup Clair Notches $4.5M To Help Gig Workers
October 09, 2020  |  Investments

New York City-based FinTech startup Clair has raised $4.5 million in seed funding to disrupt payday lending schemes and help gig workers and freelancers get...

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Clearing Up Instant Payments No ‘Stop Payment’ Confusion
Clearing Up Instant Payments No ‘Stop Payment’ Confusion
October 08, 2020  |  Digital Payments

Consumers love the opportunity to get paid instantly when they can. After all, who doesn’t want to get their money faster?   But with innovation...

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Scammers Love Bitcoin, But Consumers Aren’t So Enthusiastic
Scammers Love Bitcoin, But Consumers Aren’t So Enthusiastic
October 07, 2020  |  Bitcoin

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that...

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Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends
Disbursements By Voice Are Growing In Popularity – And Other Instant Disbursements Trends
October 01, 2020  |  Disbursements

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. Yet, many of those...

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SWIFT Launches Service For Low-Value Cross-Border Payments
SWIFT Launches Service For Low-Value Cross-Border Payments
October 01, 2020  |  Cross-border Payments

SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized...

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B2B Payments Drive Instant Payments, Crypto Innovation
B2B Payments Drive Instant Payments, Crypto Innovation
September 29, 2020  |  B2B Payments

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look...

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Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M
Today In Payments: MineralTree Raises $50M, Buys Two Companies; Robinhood Raises $460M
September 24, 2020  |  News

In today’s top news, MineralTree raised $50 million and acquired two companies, and Robinhood raised $460 million. Plus, FIS and The Clearing House have partnered...

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This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady Expansion
This Week In Payments: Snowflake’s Supersized IPO, Alternative Credit’s Popularity Explodes And Instant Payments’ Steady...
September 18, 2020  |  News

This week saw cloud-storage software maker Snowflake’s initial public offering (IPO) pop an unprecedented 111 percent, Swedish-based alt-credit provider Klarna’s valuation hit $10 billion and instant disbursements...

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EVO Rolls Out Express Deposit B2B Push Payments With Visa Direct
EVO Rolls Out Express Deposit B2B Push Payments With Visa Direct
September 17, 2020  |  B2B Payments

To help merchants receive faster access to funds, EVO Payments Inc. has rolled out its Visa Direct-enabled EVO Express Deposit real-time push payments technology. The offering...

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