Credit Payments news and trends

Wells Fargo Debit/Credit Purchases Down as COVID-19 Hits
Earnings // April 15, 2020

Wells Fargo’s first-quarter results showed the impact of reduced customer spending amid the continued impact of the coronavirus, and reserves taken in anticipation of loan losses. Earnings per share were a penny, where the Street had expected 38 cents. The bank’s net income came in...

Visa’s Chief Risk Officer On Securing Commerce In The 2020s
VISA // January 20, 2020

Futureproofing is the process of creating systems and processes resilient enough to hold their value in the face of an unknown future. It’s also about creating a mindset and a corporate culture where everyone is responsible for weighing risks against future opportunities. It’s one of...

Paidy Tries To Simplify Mobile Payments — And Please Merchants While Doing So
Digital Payments // July 26, 2018

A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method that can come pretty close to resembling cash. That is among the emerging lessons offered by Paidy, which in late 2014 launched Japan’s...

PPRO, Klarna Partner To Expand European POS Credit
Partnerships / Acquisitions // November 15, 2017

PPRO Group, the cross-border ePayment company, and the European bank Klarna announced Wednesday (Nov. 15) a partnership that will enable payment service providers (PSPs) to offer credit-based payments to European merchants through PPRO’s payment hub. “We’re really pleased to add Klarna to our growing portfolio of...

Interviews & Exclusives
Paidy Tries To Simplify Mobile Payments — And Please Merchants While Doing So

July 26, 2018
A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method that can come pretty close to resembling cash. That is among the emerging lessons offered by Paidy, which in late 2014 launched Japan’s first instant post-pay credit service for eCommerce consumers. The appeal […]

Quick Reads
Handle Adds Fiserv’s Embedded Payments Capabilities to Construction-Specific Credit Software

April 12, 2023
Handle has added Fiserv’s embedded payments capabilities to its construction-specific credit software. With the integration of these capabilities from Fiserv, a global provider of payments and financial services technology, the capabilities of Handle’s construction software for material suppliers and specialty contractors will include secure payment acceptance, Handle said in a Wednesday (April 12) press release. “By integrating industry-leading […]

PPRO, Klarna Partner To Expand European POS Credit

November 15, 2017
PPRO Group, the cross-border ePayment company, and the European bank Klarna announced Wednesday (Nov. 15) a partnership that will enable payment service providers (PSPs) to offer credit-based payments to European merchants...