PYMNTS-MonitorEdge-May-2024

transactions

Western Union: C2C Digital Transactions Hit 10-Year Record High For May
Western Union: C2C Digital Transactions Hit 10-Year Record High For May
June 02, 2020  |  Digital Payments

Western Union Co. said that while the payment platform saw transactions fall by 30 percent at the peak of the coronavirus pandemic in March and...

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PayPal Processed More Transactions On May 1 Than On Black Friday
PayPal Processed More Transactions On May 1 Than On Black Friday
May 07, 2020  |  Mobile Payments

“It was the best of the times, it was the worst of times,” wrote Charles Dickens in one of the more famous openings to a...

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Visa Transaction Volumes Take Coronavirus Hit
Visa Transaction Volumes Take Coronavirus Hit
March 30, 2020  |  VISA

Visa said it has been adversely affected by the limitations placed on people to avoid spreading the coronavirus, and its transaction volumes have severely decreased,...

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Apple Card’s New Privacy Policy Allows More Data Sharing With Goldman, Adds Transaction Details
Apple Card’s New Privacy Policy Allows More Data Sharing With Goldman, Adds Transaction Details
March 24, 2020  |  Apple

Apple has updated Apple Card’s privacy policy to allow more sharing of anonymous data with partner Goldman Sachs, according to a report. Apple said it’s...

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Tipalti FinTech Exceeds $10B In Yearly Transaction Volume
Tipalti FinTech Exceeds $10B In Yearly Transaction Volume
February 19, 2020  |  Accounts Payable

Global payables automation platform Tipalti has exceeded $10 billion in yearly transactions, according to a release on Wednesday (Feb. 19). The company has also passed...

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How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud
How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud
February 19, 2020  |  Security & Fraud

Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach akin to trial...

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The Bank App Feature 54.1 Percent Of Consumers Agree They Want
The Bank App Feature 54.1 Percent Of Consumers Agree They Want
January 21, 2020  |  Authentication

Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would feel more secure...

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Alipay Bans Crypto Transactions
Alipay Bans Crypto Transactions
October 11, 2019  |  Cryptocurrency

Alipay revealed that it will be banning any transactions related to bitcoin and other cryptocurrencies. Its announcement came the day after crypto exchange Binance tweeted that...

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Blockchain Platform we.trade Sees First Bank Transaction
Blockchain Platform we.trade Sees First Bank Transaction
August 29, 2019  |  B2B Payments

Blockchain supply chain finance platform we.trade has seen its first bank transaction. According to a Global Trade Review report, HSBC became the first bank to...

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