Revolut Business has partnered with American Express to enable its merchants in the United Kingdom to accept American Express payments. This collaboration allows Revolut to enable its merchants to access a previously untapped pool of premium customers and helps American Express expand its merchant network in...
Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a public health measure in mid-2020 has evolved into a transformative force in the payments industry, impacting cards, digital wallets and...
The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its devices. “The CFPB is working to better understand further details about Apple’s announcement to determine whether it is a meaningful...
Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum. As PYMNTS reported this week, beginning with its newest iteration of the company’s operating system — iOS 18.1 — developers...
September 10, 2024
Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a public health measure in mid-2020 has evolved into a transformative force in the payments industry, impacting cards, digital wallets and other tap-to-pay technologies. As consumers and businesses alike embrace the […]
August 01, 2024
Apple’s latest quarter showed some resilience in services growth – and management noted the potential for artificial intelligence (AI) to help transform the company’s efforts to build out its ecosystem....
July 23, 2024
Visa’s fiscal third quarter results showed continued momentum in new payment flows — and further embrace of contactless payments in brick-and-mortar, face-to-face transactions. CEO Ryan McInerney said on the conference...
July 18, 2024
Adam Lowe, Ph.D, chief product and innovation officer at CompoSecure, hears it all the time from banking executives when the topic is securing payments: “We cannot introduce friction.” But the...
November 05, 2024
Contactless Google Wallet payments are coming to Brazil’s Pix system. The country’s central bank this week previewed the new offering — Pix by Proximity — on Monday (Nov. 4), with central bank (BC) President Roberto Campos Neto joined by Fábio Coelho, president of Google Brazil. The offering is available now for digital wallet users, and […]
October 09, 2024
Revolut Business has partnered with American Express to enable its merchants in the United Kingdom to accept American Express payments. This collaboration allows Revolut to enable its merchants to access a...
August 28, 2024
The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its devices. “The CFPB is working...
August 14, 2024
Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless transactions using the Secure Element...
