Digital Payments/page/2 news and trends

Small Businesses Captured Outsized Gains From 2024’s Payments Innovations
SMBs // December 19, 2024

Payments innovations impacted small- to medium-sized businesses (SMBs) in 2024. For years, SMBs lagged behind larger enterprises in adopting digital payment solutions, hindered by limited budgets, resources and expertise. To this day, many SMBs are operating in a hybrid payment environment, balancing legacy systems with...

Beyond Breaches: Why Security and Trust Are the Real Currency of Payments
Security & Fraud // December 19, 2024

The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a web of risks, including fraud and security vulnerabilities, compliance demands, counterparty reliability, payment failures and...

Mastercard: New Use Cases Prep for ‘Total’ eCommerce Tokenization by 2030
Mastercard // December 19, 2024

Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of, that’s how fraudsters compromise accounts and steal your money,” Pablo Fourez, chief digital officer at...

Luxury Brands Consider Accepting Crypto Payments
Bitcoin // December 18, 2024

With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including Gucci and LVMH watch labels Hublot and Tag Heuer — had permitted crypto payments. But...

Interviews & Exclusives
Beyond Breaches: Why Security and Trust Are the Real Currency of Payments

December 19, 2024
The stakes for fraud prevention and data security are rising with innovation across digital payments. Trust remains the cornerstone of today’s dynamic ecosystem, but it is increasingly tested by a web of risks, including fraud and security vulnerabilities, compliance demands, counterparty reliability, payment failures and more. “These threats aren’t just financial; they strike at the […]

Mastercard: New Use Cases Prep for ‘Total’ eCommerce Tokenization by 2030

December 19, 2024
Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of,...

Amex Sees ‘Tremendous Growth’ in Virtual Cards for B2B Payments

December 18, 2024
Complexities breed inefficiency, as business-to-business (B2B) payments throughout their history have proven. But B2B payments should be simple, easy and secure. In an era when digital transformation is reshaping every...

AI Validates Trading Partners While Playing Role of B2B Fraud Fighter

December 16, 2024
The paper check endures, perhaps bafflingly so, in the digital age. There are easier ways to pay, of course, but for commercial transactions, the paper check remains entrenched as a...

Quick Reads
Luxury Brands Consider Accepting Crypto Payments

December 18, 2024
With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including Gucci and LVMH watch labels Hublot and Tag Heuer — had permitted crypto payments. But now, with the price of bitcoin hitting record highs, others […]

Mastercard Teams With Türkiye’s Dgpays to Promote Digital Payments

December 18, 2024
Mastercard has launched a digital payments-focused partnership with Türkiye-based FinTech company Dgpays. The collaboration is aimed at promoting the adoption of digital payment solutions for consumers and businesses in Eastern Europe, the...

AstroPay Debuts Multicurrency Wallet for Cross-Border Payments

December 17, 2024
Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. The new offering, announced by the London-based company Tuesday (Dec. 17), is aimed at simplifying how users manage money across borders....

Crypto Bank BVNK Expands to US After Raising $50 Million

December 17, 2024
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participation...