Round-the-clock, real-time payments often are credited to the Venmos and PayPals of the world. But next year, the nationwide introduction of the Federal Reserve’s FedNowSM Service will offer 24/7/365 funds availability to help all types of financial institutions move beyond the person-to-person (P2P) use cases...
From travel and insurance expenses to software subscriptions and supplier payments, commercial virtual card use has boomed in recent years. The global value of transactions is expected to hit close to $7 trillion by 2026, up from about $2 trillion in 2021, according to data...
Southeast Asian FinTech Grab Financial has rolled out plans for a new brand for digital payments, insurance, lending and wealth management, called GrabFin, according to a company release Monday (May 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Dating apps maker Match Group on Friday (May 20) withdrew its request for a temporary restraining order against Google after the search engine agreed to allow alternative payments and scaled back its push for control of all user data, according to a company press release....
Payments platform Nuvei has joined forces with Swedish gaming company Betsson Group to help it bring its online sportsbook to the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
When businesses add new vehicles to their fleets, they want to get them on the road and working as soon as possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Meta Platforms-owned messaging platform WhatsApp says it wants to make it easier for users in Brazil and India to make payments with a new “Pay” button. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Today is Monday, May 16, and nuns are Tik-Toking about #ConventLife, while North Korean leader Kim Jong Un is launching a military response to the country’s first (acknowledged) COVID-19 outbreak. Meanwhile, President Biden announced new policies to tackle affordable housing amid high inflation and McDonald’s...
Fifteen percent of companies from four industries with annual revenue between $50 million and $1 billion currently use real-time payments to make or receive payments, according to “Real-Time Payments: The Fast Track To The Future Of Corporate Payments,” a PYMNTS and The Clearing House collaboration...
