More People Than Ever Choose Zelle with Nearly Half a Trillion Dollars Sent in First Half of 2024
- 9 months 2 weeks ago
- Money Transfers
Early Warning Services, LLC., the network operator of Zelle®, today announced that in the first half of 2024 the person-to-person payments network reached 143 million enrolled users and helped consumers and small businesses move nearly half a trillion dollars -- $481 billion, up 28% year-over-year. Transaction volume on Zelle increased by 27% year-over-year to over 1.7 billion transactions sent by individuals and small businesses across the... more
Cash App Pay Integrates with Lyft for Seamless Payments
- 9 months 2 weeks ago
- Payments
Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of customers.
FinMont and Payválida Partner to Strengthen Global E-Commerce Payments
- 9 months 2 weeks ago
- Payments
FinMont, the global payment orchestration platform and Payválida have announced an exciting new partnership aimed at enhancing the payments landscape for e-commerce across the travel industry. This collaboration presents a unique opportunity to offer alternative payment methods (APMs) through the FinMont ecosystem, providing merchants with more efficient, streamlined payment processes.
BPC and Arkwright Consulting Report Reveals that Challenger Processors Are Growing at Four Times the Rate of the Overall Card Processing Market
- 9 months 2 weeks ago
- Payments
BPC, a global leader in payment solutions, has released a comprehensive report in collaboration with Arkwright Consulting, detailing the evolution of the card processing market, the ecosystem involved in facilitating and managing card-based transactions, such as credit, debit, and prepaid card payments
Klarna Payment Options Now Available at Checkout on Apple Pay In-App and Online
- 9 months 2 weeks ago
- Payments
Klarna, the AI-powered global payments network and shopping assistant, is now available to users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later. Starting today, eligible Apple Pay users in the U.S. and UK will have access to Klarna’s flexible payment offerings, including pay later in three or four installments with no interest or over longer periods with APRs starting at 0%. The global... more
Fils and eeasy Join Forces for Sustainable Payments in Middle East & Africa
- 9 months 3 weeks ago
- Payments
Fils, the global leader in enterprise-level sustainability infrastructure, has entered the African market, with a strategic partnership with eeasy, a digital payments technology company operating in Middle East & Africa with a focus on Egypt, to empower its clients in facilitating climate action, offering consumers the option to offset carbon emissions with every transaction.
Paymentology Launches Report on the Future of Cross-Border Money Movement in Collaboration with Fincog
- 9 months 3 weeks ago
- Payments
Paymentology, the leading global issuer processor, today announces the launch of its latest industry report, The Remittance Revolution: How to Win in Cross-Border Money Movement, developed in collaboration with renowned financial consultancy Fincog.
Gen Z Leads the Rewards Revolution, Finds ZBD Payments Study
- 9 months 3 weeks ago
- Payments
The ZBD Gen Z Payments Study, based on a survey of over 2,000 18 to 27 year olds in the US and UK, sheds fresh light on what this vitally important generation wants from its interactions with payments, banking and fintech providers. The deep-dive exploration of what shapes Gen Z’s payment behavior reveals that a staggering 86% of Gen Z believe that cashback and loyalty rewards are an important part of making a purchase, and 99% say financial... more
Broadridge Launches Instant Payments Service, Aligned with New EU Regulations
- 9 months 3 weeks ago
- Payments
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary.
Swift Cross-Border Payment Processing Speed Stretches Further Ahead of G20 Target
- 9 months 3 weeks ago
- Payments
Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.
BVNK and Circle Partner to Expand USDC Utility for Global Business Payments
- 9 months 3 weeks ago
- Payments
BVNK, the payments infrastructure provider, and Circle, a global financial technology firm, today announced a partnership aimed at accelerating the utility of USDC for BVNK’s global customer base. BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases.
Worldline Launches “Bank Transfer by Worldline,” a New Account-to-Account Payment Method in 14 European Countries by End of 2024
- 9 months 3 weeks ago
- Payments
Worldline, a global leader in payment services, today announces the launch of its account-to-account payment method named “Bank Transfer by Worldline”. The solution enables retailers to accept payments and completes the existing payment options offered to merchants. It also effectively addresses specific payment scenarios that traditional methods typically cannot accommodate, including invoices and high-value transactions. It delivers a seamless... more
Swift to Launch AI-Powered Fraud Defence to Enhance Cross-Border Payments
- 9 months 3 weeks ago
- Payments
Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated.
Currys Flexpay: UK’s Leading Tech Retailer Unveils Refreshed Credit Product, Enabling Customers to Pay at Their Pace
- 9 months 3 weeks ago
- Payments
Currys, the UK retailer that helps everyone enjoy amazing technology, has unveiled a revamped credit product to allow its customers to pay for tech at their pace.
Alipay+ Launches on KHQR, Facilitating Cross-Border Mobile Payments Into Cambodia
- 9 months 3 weeks ago
- Payments
The National Bank of Cambodia and Ant International have officially launched Cross-border QR Code Payments between National Bank of Cambodia’s Bakong payment system and Ant International’s cross-border mobile payment and digitalization solutions, Alipay+.
