PYMNTS-MonitorEdge-May-2024

Payment Methods

What is a payment method? Well there are many, debit, credit, ACH, blockchain, and cross border. There are also many other way to transact through the wires. Credit card, debit card, cheque, money transfers, and recurring cash or ACH (Automated Clearing House) disbursements are all electronic payments methods.

Source: en.wikipedia.org

Proplend Gets Authorization From FCA For P2P
Proplend Gets Authorization From FCA For P2P
March 03, 2017  |  Payment Methods

Proplend, the P2P lender, announced Thursday (March 2) that it has been granted full authorization from the Financial Conduct Authority (FCA) for peer-to-peer lending, paving...

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Trustly Processed €3.2B In Payments In 2016
Trustly Processed €3.2B In Payments In 2016
March 03, 2017  |  Payment Methods

Trustly, the Swedish FinTech company, announced Thursday (March 2) that it processed payment volumes of €3.2 billion in 2016. In a press release, Trustly said it has...

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Skimmers Use Ingenico’s Card Readers To Steal PINS
Skimmers Use Ingenico’s Card Readers To Steal PINS
March 03, 2017  |  Security & Fraud

KrebsonSecurity revealed in a blog post last month that PIN skimmers were being made to overlay on Ingenico brand card readers at the checkout lanes...

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CFPB Acts To Reign In Inaccuracies With Credit Information
CFPB Acts To Reign In Inaccuracies With Credit Information
March 03, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau (CFPB) announced Thursday (Mar. 2) that it has identified “significant” issues with the quality of the credit information being provided...

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UK Consumers Spent £647B With Payment Cards In 2016
UK Consumers Spent £647B With Payment Cards In 2016
March 03, 2017  |  Payment Methods

During 2016, consumers in the U.K. spent £647 billion with payment cards, according to new data from the U.K. Cards Association. In a press release, the...

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Contactless Payments Up Across UK
Contactless Payments Up Across UK
March 03, 2017  |  Payment Methods

New insight from Barclaycard’s Contactless Spending Index indicates that contactless payments in U.K. supermarkets have risen considerably in the past twelve months. Here are some...

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Japan’s Line Corp. To Launch AI App, Speaker
Japan’s Line Corp. To Launch AI App, Speaker
March 02, 2017  |  Payment Methods

Line Corp., owner of Japan’s most popular messaging service, is getting into the artificial intelligence market in a big way by outlining an ambitious plan that...

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Walmart Adds New Pharmacy, Money Features To Its App
Walmart Adds New Pharmacy, Money Features To Its App
March 02, 2017  |  Payment Methods

Walmart announced Wednesday (Mar. 1) that it added new capabilities to the Walmart app that makes it faster and easier for pharmacy and money services customers....

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Digital Wallets Dominated Social Media Conversations In 2016
Digital Wallets Dominated Social Media Conversations In 2016
March 01, 2017  |  Security & Fraud

Digital wallets are gaining interest from smartphone and laptop users around the world, according to Mastercard’s 2017 edition of its Digital Payments Study. In a...

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