Payments news and trends

Worldline Partners Selfly Store on Contactless Vending Offering

July 18, 2024
Worldline
Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
Payments Innovation // July 15, 2024

Consumers want what they want, how they want it. Consequently, when it comes to payments and commerce, businesses that can adapt to their needs and offer convenient ways to pay are best positioned to win in the long run. Case in point: digital wallets. The...

Embedded Finance, Online Platforms Shape This Week’s B2B Innovations
B2B Payments // July 11, 2024

There are many truisms about the B2B landscape, and they mostly center around better payments. After all, the ongoing digital transformation reshaping the B2B marketplace is increasingly defined by businesses moving away from paper checks and manual processes toward electronic payment methods, while B2B payment...

Discover: Tokenization Removes Friction for Card-Not-Present Transactions
Payments Innovation // July 10, 2024

Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. Calling them “the magic behind payments,” Valeri Vanourek, vice president of digital products at Discover® Global Network, told PYMNTS in an interview that tokenization is emerging as a double-duty asset for...

Galileo Begins Offering Wire Transfers to FinTechs
Payment Methods // July 09, 2024

Galileo Financial Technologies has begun offering wire transfer capabilities to FinTechs. The So-Fi-owned company announced the new offering Tuesday (July 9), saying it provides FinTechs with another option for fast and secure money movement. Through its wire transfer API, Galileo connects FinTechs working with Community Federal Savings Bank to Fedwire,...

Interviews & Exclusives
Discover: Tokenization Removes Friction for Card-Not-Present Transactions

July 10, 2024
Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens. Calling them “the magic behind payments,” Valeri Vanourek, vice president of digital products at Discover® Global Network, told PYMNTS in an interview that tokenization is emerging as a double-duty asset for digital payments. It enhances payment security for merchants, issuers and […]

EV Sales Tick Up as Payment Challenges Define the Road Ahead

July 05, 2024
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the...

Rejected: Judge Nixes $30 Billion Swipe Fee Settlement

June 25, 2024
Nothing’s settled, it seems — except that the $30 billion so-called “swipe fee” settlement is, at least in this incarnation, seemingly dead and gone. And what comes next is almost...

Passwordless Future Key to Competing in Digital Economy

June 25, 2024
In today’s digitally connected economy, security and user experience are becoming increasingly intertwined and interdependent. Against that backdrop, the transformative potential of passwordless authentication represents a crucial step toward a...

Quick Reads
Worldline Partners Selfly Store on Contactless Vending Offering

July 18, 2024
Worldline has formed a partnership with intelligent vending machine company Selfly Store. The collaboration, announced Tuesday (July 16), will see Worldline work with payment expert Antenor to integrate a contactless payment solution with Selfly’s machines, which are designed to provide an autonomous meal/snack solution for hotels, offices and other venues. “Crafted by payment expert Antenor […]

Galileo Begins Offering Wire Transfers to FinTechs

July 09, 2024
Galileo Financial Technologies has begun offering wire transfer capabilities to FinTechs. The So-Fi-owned company announced the new offering Tuesday (July 9), saying it provides FinTechs with another option for fast and secure money...

Former J.P. Morgan Payments Head Takis Georgakopoulos to Join Fiserv

June 20, 2024
Fiserv has announced that former J.P. Morgan Global Head of Payments Takis Georgakopoulos will join the company, effective Sept. 3. Georgakopoulos will serve as a senior advisor, executive vice president...

Reserve Bank of Australia Favors Surcharging in BNPL Sector

June 20, 2024
The Reserve Bank of Australia (RBA) plans to review the issue of surcharging in the buy now, pay later (BNPL) sector. This review comes as the RBA aims to expand...