Digital commerce is growing at a staggering pace. Online transactions have more than doubled over the past four years, placing a new urgency on ensuring seamless checkouts. For businesses, checkout is where revenue is won or lost. For customers, it’s where experience defines loyalty. Yet...
The seeds were sown long ago for Chris Faught, CEO of Neon, to create a direct-to-consumer (D2C) platform for the gaming industry in 2022. He had been a gamer for his whole life and had been fascinated by the business and developer angles. And through...
As digital payments scale, the sophistication of scams matches their pace. This ongoing dichotomy forces payment ecosystems to adopt more adaptive and resilient fraud prevention measures. Marcos Gelfi, vice president – global head of commercial fraud/dispute products and cardholder solutions at Discover® Global Network, Jeff...
Earlier this month, shares of Marqeta plunged more than 30% in the wake of weaker-than-expected guidance. The company pointed, in part, to delays in bank partners launching new programs. It said programs have been taking 40% longer to launch, and 15 projects were pushed out...
PayPal has begun rolling out a feature that makes it easier for its customers and their friends and family to pool money for shared expenses. The new Pool Money feature is now rolling out to PayPal customers in the U.S., Germany, Italy and Spain, and...
Call it a financial services ecosystem or even a financial services marketplace. But don’t call MoneyLion a neobank. As CEO Dee Choubey told Karen Webster days after posting third-quarter earnings results, MoneyLion is on its way to becoming the place “mass market” consumers visit when...
B2B payments platform ConnexPay has received a U.S. patent for its invention that manages incoming customer payments in real time and generates corresponding outgoing supplier payments on demand. The company’s U.S. Patent No. 12,118,519 was granted by the United States Patent and Trademark Office and...
In the post-COVID world, corporates are faced with what should be an easy decision: creating better value for the organization, speeding time to new markets and creating new business models. AWS Global Head of Institutional Payments Nilesh Dusane and FIS General Manager of Enterprise Payments...
Tokens use encryption to protect sensitive payment information while allowing merchants and payment service providers (PSPs) to easily store this customer data for smoother, safer transactions. This provides numerous benefits including better customer experiences, more successful transactions and improved ability to store payment and...
