payment service providers

Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
Klarna Sells Checkout Solution for $520 Million to Eliminate Processor Conflicts
June 24, 2024  |  Buy Now Pay Later

Klarna sold its online checkout solution, Klarna Checkout (KCO), for $520 million to a group of investors led by BLQ Invest CEO and founding partner...

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Spreedly President: Companies Need to Pivot to Match Consumer Spending Trends
Spreedly President: Companies Need to Pivot to Match Consumer Spending Trends
May 28, 2024  |  Payments Innovation

With economic headwinds picking up, consumer spending behavior is poised to shift as households tighten their belts in some categories and economists try to make...

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BoE Urges UK Payment Firms to Upgrade Operational Resilience
BoE Urges UK Payment Firms to Upgrade Operational Resilience
April 30, 2024  |  Payments As A Service

Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank...

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FI Operational Resiliency Goes Proactive as UK Regulations Loom
FI Operational Resiliency Goes Proactive as UK Regulations Loom
April 22, 2024  |  Regulation

Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational...

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eCommerce Merchants Fail to Connect Failed Payments and Fraud
eCommerce Merchants Fail to Connect Failed Payments and Fraud
March 08, 2024  |  Fraud Prevention

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants...

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Firms Partnering With Third Parties to Fight Fraud See Profit Boost
Firms Partnering With Third Parties to Fight Fraud See Profit Boost
January 25, 2024  |  Fraud Prevention

Payment service providers – also known as PSPs – are an important piece of the payment ecosystem. For any business that wants to deliver a...

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Payments Orchestration Helps Platforms Extend Their Global Reach
Payments Orchestration Helps Platforms Extend Their Global Reach
December 11, 2023  |  Payments Innovation

Blake Whitson, vice president, payments and global customer support at Brainly, and Andy McHale, senior director, product and market strategy at Spreedly, told PYMNTS that...

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3 in 4 eCommerce Firms Prioritize Anti-Fraud Innovation to Prevent Data Breaches
3 in 4 eCommerce Firms Prioritize Anti-Fraud Innovation to Prevent Data Breaches
November 20, 2023  |  Security & Fraud

False declines are a significant yet often overlooked issue that impacts both businesses and consumers. Picture this: You attempt to make a purchase, only to...

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Only a Third of eCommerce Merchants Know if Fraud Caused a Failed Payment
Only a Third of eCommerce Merchants Know if Fraud Caused a Failed Payment
November 14, 2023  |  Fraud Prevention

Online retailers widely implement anti-fraud tools and strategies — but minimizing false declines while effectively screening out potential fraud is easier said than done. Payment...

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