Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts to interest rates. CEO Michael Miebach said on a conference call with analysts: “On Halloween, well, there’s nothing spooky here.”...
J.P. Morgan Payments has teamed up with predictive bank account/payment intelligence company ValidiFI. The collaboration, announced Monday (Oct. 28), is designed to give businesses greater security and confidence in validating bank accounts and conducting transactions. “For organizations conducting digital transactions on the ACH network, having...
Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and the specter of fraud on the global stage. The basic principle behind cross-border payments — namely that the payee information...
LinkedIn will reportedly begin showing user verification badges within its primary feed in November. This move comes after the company began verifying users in April 2023 to combat fake profiles, scams and misinformation fueled by artificial intelligence (AI), CNBC reported Friday (Oct. 25). “Being able...
October 28, 2024
Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and the specter of fraud on the global stage. The basic principle behind cross-border payments — namely that the payee information is accurate — is a pain point, indeed a point […]
October 22, 2024
You can’t get to what’s next in payments without getting to what’s next in identity. That’s according to Mary Ann Miller, vice president of client experience at Prove Identity, who...
October 10, 2024
Among the meteoric rise of payments innovation, tokenization’s widening adoption has been among the most notable. It’s been around for more than a decade, but even today — with explosive...
October 10, 2024
More than 30 years ago, a cartoon appeared in the New Yorker, now made famous by any number of memes and framed pictures — a canine perched at a computer,...
November 06, 2024
Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s dedication to driving digital innovation within Africa, according to a Wednesday (Nov. 6) news release emailed to PYMNTS. In doing so, the payments giant aims to foster the development of […]
October 28, 2024
J.P. Morgan Payments has teamed up with predictive bank account/payment intelligence company ValidiFI. The collaboration, announced Monday (Oct. 28), is designed to give businesses greater security and confidence in validating...
October 25, 2024
LinkedIn will reportedly begin showing user verification badges within its primary feed in November. This move comes after the company began verifying users in April 2023 to combat fake profiles,...
October 24, 2024
Socure plans to acquire Effectiv to create a unified identity, fraud and risk decision engine and offer its partners a “single view of identity.” The $136 million deal, expected to...
