Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their timing. As FIs have struggled to unlock flexible payment options to their customers during the purchase journey, their more agile competitors...
The Federal Reserve Board has extended the comment period on its interchange fee proposal. Originally set to end on Feb. 12, the comment period is now open until May 12, the Federal Reserve said in a Tuesday (Jan. 23) press release. “The Board extended the...
Knot has closed a $10 million Series A investment round to grow its application programming interface-based card-on-file management offering. The funding will enable Knot to expand its merchant support and continue scaling its services to make payment processes easier for businesses and consumers, the company said in...
Getting transactions done — particularly card transactions — requires a seamless flow of card-level data between cardholders, card networks, acquirers and issuers. When part of that ecosystem goes offline, faces a service interruption or technical difficulties, there needs to be a “back up” to ensure that commerce...
May 10, 2024
Financial institutions (FIs) looking to get a piece of the action in the buy now, pay later (BNPL) space might be wise to investigate their timing. As FIs have struggled to unlock flexible payment options to their customers during the purchase journey, their more agile competitors have made it their value proposition. In contrast, FIs’ offerings […]
August 26, 2020
Getting transactions done — particularly card transactions — requires a seamless flow of card-level data between cardholders, card networks, acquirers and issuers. When part of that ecosystem goes offline, faces a service...
June 11, 2020
As consumers have been hit hard by the economic effects of the COVID-19 pandemic, card issuers have seen a sharp impact to their business. In the immediate aftermath of the...
November 22, 2019
Fraud is hardly a new phenomenon in retail — in fact, it is probably safe to assume that fraud in some form or other has been there since the beginning....
January 23, 2024
The Federal Reserve Board has extended the comment period on its interchange fee proposal. Originally set to end on Feb. 12, the comment period is now open until May 12, the Federal Reserve said in a Tuesday (Jan. 23) press release. “The Board extended the comment period to allow the public more time to analyze […]
August 03, 2023
Knot has closed a $10 million Series A investment round to grow its application programming interface-based card-on-file management offering. The funding will enable Knot to expand its merchant support and continue scaling...
