Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or rewards for online purchases and bill payments. In the ‘New Payment Options: The Lure of Payment Method Rewards’ report, PYMNTS...
Cryptocurrency exchange Binance will temporarily suspend U.S. dollar bank transfers beginning Wednesday (Feb. 8). The company announced the move in a Monday (Feb. 6) post on Twitter, adding that only a small proportion of its users will be affected by this, that the firm is...
As businesses large and small expand their payments technology adoption, financial service providers are seeking to augment an array of existing and new payment rails to drive corporate use. The rise of faster and real-time payments infrastructure will have profound impacts on the ways corporate...
Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. consumers. Also, Microsoft has launched a new tool to aid businesses in managing their brands online called Dynamics 365 Commerce. And the CEO and founder...
September 04, 2023
Reward programs have become a significant factor influencing consumer behavior, with many individuals opting for specific payment methods that allow them to earn points or rewards for online purchases and bill payments. In the ‘New Payment Options: The Lure of Payment Method Rewards’ report, PYMNTS uses a survey of over 2,000 Americans to examine consumers’ […]
September 24, 2019
Today in the payments news roundup, American Express is rolling out a new Pay with Bank Transfer product to U.K. consumers. Also, Microsoft has launched a new tool to aid...
November 02, 2023
Nuvei has become the first acquirer to sell American Express’ open banking payment method. The collaboration, announced Thursday (Nov. 2), will see Nuvei promote Pay with Bank transfer (PwBt), which lets consumers carry out transactions from their bank accounts without needing to enter card details or undergo additional authentication checks. “Our mission is to enable […]
February 06, 2023
Cryptocurrency exchange Binance will temporarily suspend U.S. dollar bank transfers beginning Wednesday (Feb. 8). The company announced the move in a Monday (Feb. 6) post on Twitter, adding that only...
April 23, 2018
While Zelle’s business is booming, many people are reporting that hackers have used it to clean out their bank accounts. Zelle was created as the result of banks wanting to...
April 19, 2018
Last month, Deutsche Bank AG mistakenly sent €28 billion ($35 billion) to an exchange. According to news from Bloomberg, a person familiar with the matter revealed the blunder made by Germany’s...
