FinTech startup Flux has begun pilot trials of a service that will convert paper receipts to mobile data services. Finextra reports that Flux, which was founded by three of the first four employees of money transfer firm Revolut, is partnering on the service with retail...
The most memorable thing that came out of the 1959 movie, A Hole in the Head, was its 1960 Oscar-winning song, “High Hopes,” sung by Frank Sinatra. If the song title doesn’t ring a bell — after all, it was 1960 — perhaps its lyrics might: “Just...
Icon Solutions announced the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), which will accelerate U.S. banks’ access to real-time payments. According to Finextra, IPF is an agile software product that will expedite U.S. financial institutions’ participation...
Deck: Rails can be rickety, and rails can be gleamingly new, but in payments rails have to make sure the money gets to where it needs to go. At IP 2017, a series of rail specialists, from NACHA to Canada’s Interac, delved into what...
Can merchants find their way into the end zone, scoring points with customers? In an Innovation Project 2017 fireside chat with PYMNTS’ Karen Webster loaded with sports lingo, First Data CEO Frank Bisignano delved into the ways innovation and partnerships can rack up points with...
CaixaBank, Global Payments, Visa, Samsung and BNP Paribas’ subsidiary Arval have joined forces to set up Spain’s “first” payment innovation hub, according to Banking Technology. The companies are jointly investing €5 million in the hub, which will be created to engage in new frontiers for payments...
ANZ and Ingenico have set up the first multipayment Connected Screens that enable consumers to donate to a charity with a simple tap of their contactless cards on the screen. According to Finextra, these touchscreens are currently installed at the Inside Retail Live exhibit in...
Making innovation stick is a total balancing act. It’s not just about pushing something out to the market the fastest, as other factors must still be considered — the quality of the product or service, the timing of launch, and especially if the innovation will...
Payments Canada has selected global consulting firm Accenture to help it lead Modernization, the multi-year initiative to transform the infrastructure and rules that support financial transactions in Canada. According to a press release, Payments Canada chose Accenture due to its expertise with in-depth payments, change-management...
