Category: Channels

June 15, 2021

Mastercard has partnered with UK-based FinGo, the world’s first biometric identity authentication and payments platform, giving the fintech access to the white labelled Mastercard Payment Gateway Services (MPGS). The move will enable FinGo to grow its footprint for biometric payment […]

June 10, 2021

The COVID-19 pandemic had a significant impact on how consumers received and paid for their visits to hospitals, clinics, urgent care centers and doctor’s offices in 2020, a new survey from U.S. Bank revealed. The key findings: Virtual care and […]

June 9, 2021

American Express and Synchrony are among the bidders looking to replace JPMorgan Chase as the issuer of Amazon’s co-branded credit card, Bloomberg and Reuters reported Tuesday. JPMorgan could get a 15% premium on top of the balance — which is […]

June 7, 2021

Cross-border payments have long been complicated, slow, and expensive for businesses, with a labyrinth of correspondent banks, compliance requirements and entrenched systems often bogging down the movement of money. Lately, digitization of services and new software tools have set off […]

June 3, 2021

Previously eBay charged a flat 10% of the sale price, including postage, with PayPal taking a cut of 2.9% of the final amount, including postage, plus a small sum for each transaction. As of 1 June, eBay is charging a […]

May 25, 2021

Tassat says the partnership will deliver enhanced payments functionality for the bank’s business clients and low-cost core deposit growth for the bankIt has kicked off a national expansion, with offices opened in Florida, Texas, and Illinois According to Tassat, Customers […]

May 19, 2021

Blockchain technologies use a shared ledger of sorts to record transactions over a decentralized network of computational devices. Blockchain technologies enable operations in real time, thus taking away the need for a central clearing authority. This saves time as well […]

May 17, 2021

The deal sees the deployment of automated payment operations, which will simplify the management of “the entire cycle of money movement”, the two firms say. SVB and Modern Treasury will provide mutual clients with processing directly through their SVB bank […]

May 12, 2021

The three firms are Wisconsin-based Fort Community Credit Union, Alltrust Credit Union in Massachsetts, and Mississippi-based Statewide Federal Credit Union. Combined, the credit unions hold $760 million in assets and hold more than 57,000 members. All three are installing Bankjoy’s […]

May 12, 2021

Visa and Remitly first partnered in 2019 when Remitly connected its money transfer services to the Visa Direct real-time “push payments platform.” At that time, payments using their joint services could be sent to “multiple countries,” but now Remitly says […]