Payments Innovation

Payments Innovation
Market Snapshot Shows Merchant EMV Chip Use On The Rise
October 13, 2017

The U.S. Payments Forum has released its fall 2017 market snapshot, showing that merchant EMV chip enablement is on the rise. At its member meeting last month, the Forum reported that 55 percent of spending is now on chip cards, while 96 percent of the...

Payments Innovation
Token Certification Fast Tracks Global Open Banking
October 10, 2017

Volante Technologies Inc., a global provider of payments and message integration software, announced its VolPay Hub is now fully tested, qualified and integrated with TokenOS. Token was founded in 2015 as an open banking platform allowing a global ecosystem of banks, bank customers and developers...

Payments Innovation
 Bitcoin Slides On China ICO Ban
September 05, 2017

Bitcoin prices were hit by a significant downdraft in the wake of news Monday that Chinese regulators have put in place a ban on initial coin offerings, known as ICOs. The price of the digital currency slipped by more than $200, to $4,350 after the...

Payments Innovation
Taming The High Risk Merchant Beast
September 01, 2017

T1 Payments has a lot in the hopper, with a new same-day settlement to partners offering coming soon. At the same time, the firm has been investing in managing merchant fraud. CEO Don Kasdon weighed in on what high risk really means when it comes...

Payments Innovation
The ROI On Being A PayFac? Zero
August 31, 2017

With changes happening all around us every day, the highly adaptive and evolutionary tendencies of technology in the closing years of the 2010s sometimes mean big changes — seismic changes — can happen in a way that is almost kind of quiet. Case in point,...

Payments Innovation
Payments Innovation: Beyond The ‘Wow’
August 23, 2017

What would you say if someone asked you to name the most important innovation in payments over the last five years? We did, and we posed that question to Marqeta CTO Tony Ford. What he said might surprise you. But what it may lack in...

Payments Innovation
FLEETCOR Closes On Its $690M Buy Of Cambridge Global Payments
August 10, 2017

FLEETCOR Technologies, a global provider of commercial payment solutions, announced Wednesday (Aug. 9) that it has closed its acquisition of Cambridge Global Payments, the B2B international payments provider, for approximately $690 million. The deal was announced on May 1. In a press release, FLEETCOR said...

Payments Innovation
What Walmart Pay Knows That Apple Pay Doesn’t
August 07, 2017

A lot of exciting things have happened in payments — and commerce, more broadly — over the last three years. PayPal became pals with the card networks and their issuers. India demonetized its currency and put digital payments adoption into overdrive. Amazon ignited conversational commerce with Alexa...

Payments Innovation
Three Square Market To Implant RFID Chips In Employees
July 25, 2017

Three Square Market (32M) announced news on Monday (July 24) that it is offering the ability for its employees to be implanted with a RFID chip to make payments and other things. In a press release, the company said on August 1, 2017, employees can...