“The more I looked at retailer-sponsored finance, the more I realized people routinely end up paying atrociously more than they bargained for … This is...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of China’s Bingxi Culture “art sharing” platform that...
Decline rates are on the rise, reaching 30 percent of CNP transactions, depending on where one looks. Bruce Parker, CEO of ModoPayments, said that’s a...
PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. The company said in a press release Wednesday...
NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key...
Payments fraud on the high seas, perhaps, as a global shipper may have been involved with fake transactions and shell companies. Elsewhere, ransomware gets a roadblock...
Walmart filed a lawsuit against Synchrony Financial, its credit card issuer for years, contending a breach of contract. The Wall Street Journal, citing the lawsuit...
In B2B payments, the tipping point looms — away from checks and toward payments done electronically. At least, if the tipping point is not here yet,...
Welcome to Five at Five, your late look at the day’s payment and commerce news. Today’s coverage includes the latest retail program from Uber, and...