Payments Innovation

Payments Innovation
Will Amazon Pay Plus Worldpay Conquer Food?
March 25, 2019

Most of the payments chatter last week focused on FIS’ mega acquisition of Worldpay. The topic of conversation was the inevitable consolidation of the payments sector, as scale becomes critical to optimizing the payments experience and innovating new payments flows. Another piece of Worldpay news...

Payments Innovation
Google Pay Is Coming To eBay
March 21, 2019

Very soon, eBay shoppers will be able to choose Google Pay as their payment method when checking out. The move comes as the latest expansion of its newly redesigned payments experience. In early 2018, eBay announced its plans to intermediate payments through a multi-year implementation...

Payments Innovation
Will Faster Payments Spur Healthcare Innovation?
March 21, 2019

Healthcare is an undoubtedly complicated space for all the players involved (the providers, insurers, patients, pharmaceutical manufacturers), particularly when it comes to payments. Not an entirely surprising fact, given that it is the collision of two highly specialized and extremely regulated worlds. The good news, TransCard CEO...

Payments Innovation
PFS Cardholders Can Now Make Purchases With Samsung Pay
March 20, 2019

Samsung, the South Korean consumer electronics giant, announced Thursday (March 20) a partnership with Prepaid Financial Services (PFS) to launch Samsung Pay for its branded cards. In a press release, Samsung said cardholders on specific programs issued and managed by PFS in the U.K. can...

Payments Innovation
Bridging The Perception/Retail Innovation Gap For SMBs
March 20, 2019

Truth exists in the gaps. Yes, that sounds like a lazy stab at wisdom — more like a parody of a pretentious mission statement than anything worth the attention of PYMNTS readers — but those five words do, indeed, say so much. For instance, why are...

Payments Innovation
Solutions By Text, ACI Worldwide Link Up For SMS Transactions
March 19, 2019

ACI Worldwide, a real-time payment and banking company, has partnered with Solutions By Text, a Dallas-based automated texting company, to allow companies to receive payments through text, according to a release by ACI. ACI’s UP Bill Payments service is combining with Solution by Text’s software...

Payments Innovation
NatWest Testing Biometric Fingerprint Card Payments
March 11, 2019

NatWest, the U.K. bank, is kicking off a test in which customers can use biometric fingerprint technology for card payments. According to a report in CNBC, citing NatWest, about 200 customers will participate in the pilot, with each of them able to use a fingerprint...

Payments Innovation
What ATMs And Open Source Have To Do With Payments Innovation
March 07, 2019

It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. However, the way payments innovation...

Payments Innovation
Flywire Surpasses $10B In Total Payments Volume
March 06, 2019

Global payments and receivables company Flywire enjoyed strong growth in 2018 that it plans to carry into this coming year and over $10 billion in total payments volume. Some of the company’s achievements last year included raising $100 million in new funding, expanding its presence...