Payments/page/5 news and trends

How Soft-Linked Signals Are Securing the Future of Seamless Payments

November 05, 2024
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AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization
Payments Innovation // October 25, 2024

Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate to the cloud. Not yet, anyway. Migrating to the cloud can be a complex undertaking, particularly for banks with legacy...

Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Regulation // October 18, 2024

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and Big Tech. And while the goal may be uniformity, there’s still a lack of concrete detail about who would be...

Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge
Acquisitions // October 18, 2024

Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest to date for Stripe, which was recently valued at $70 billion. However, the deal is...

PXP Financial Launches LatAm Payments Partnership With Kushki
Partnerships // October 15, 2024

Global payments services firm PXP Financial has teamed with Latin America-based payment platform Kushki. The collaboration, announced in a Tuesday (Oct. 15) blog post, will let PXP use Kushki’s technology and expertise to create payment solutions for the Latin American market, with plans to launch card acquiring in Mexico, Chile,...

Interviews & Exclusives
AWS and J.P. Morgan Weigh In on the Cloud’s Role in Payments Modernization

October 25, 2024
Although the technology has come a long way in a short period of time, it’s not like an organization can hit a switch and migrate to the cloud. Not yet, anyway. Migrating to the cloud can be a complex undertaking, particularly for banks with legacy systems and intricate regulatory requirements. The process involves not only […]

71% of Merchants Expect Software to Replace Traditional Point-of-Sale Terminals

October 07, 2024
As digital payment technology evolves, software point-of-sale (SoftPOS) solutions are emerging as a transformative force in payments. With the potential to democratize payment acceptance, SoftPOS is set to revolutionize how...

35% of Cardholders Abandon Merchant After a Card Decline

October 04, 2024
Striking the right balance between seamless payments and strong security is crucial for merchants. As eCommerce continues to flourish, a PYMNTS Intelligence report, “Why Network Tokenization Is eCommerce’s Newest Essential,”...

Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure

September 30, 2024
Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline to electricity — it’s evolving...

Quick Reads
Stripe Aims for Largest Acquisition Yet with $1 Billion Deal for Bridge

October 18, 2024
Stripe, the FinTech giant, is reportedly in talks to acquire crypto startup Bridge for $1 billion, according to sources familiar with the discussions. This potential acquisition would be the largest to date for Stripe, which was recently valued at $70 billion. However, the deal is still under discussion and subject to regulatory considerations and compensation […]

PXP Financial Launches LatAm Payments Partnership With Kushki

October 15, 2024
Global payments services firm PXP Financial has teamed with Latin America-based payment platform Kushki. The collaboration, announced in a Tuesday (Oct. 15) blog post, will let PXP use Kushki’s technology and expertise to create payment...

Mastercard Debuts New Tool for Verifying Cardholders’ ID

October 14, 2024
Mastercard has a new way for issuers to confirm cardholders’ identifying information. Dennis Gamiello, the company’s executive vice president for identity products and innovation, wrote in a blog post on Monday...

Open Banking Provider TrueLayer Raises $50 Million to Grow European Network

October 04, 2024
TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. The company currently processes over $50 billion in...