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15 Oct 2020, 9:00 am by Kristian Soltes
” Grose noted that Plaid entered the U.K. market with strong existing demand from its global customers. [read post]
17 Dec 2020, 8:04 am by Kristian Soltes
In a separate statement, the central bank said payments of some basic public services such as medical treatment, water, electricity and gas fees have gradually migrated online. [read post]
12 Jun 2020, 7:44 am by Kristian Soltes
Japan’s JCB Picks FIS for Cross-Border QR-Code PaymentsFinextra – June 5, 2020 FIS(TM) (NYSE: FIS), a global leader in financial services technology, today announced that an international payment scheme, JCB, has selected FIS’ Payments One switching and acquiring services to enable cross-border QR-code payments. [read post]
2 Jul 2014, 7:01 am
Bradford in New York in 1989 and was at Citigroup Global Markets Inc. in 2000 when the alleged Ponzi scheme began. [read post]
10 Jun 2022, 7:22 am by Kristian Soltes
EU Considers Adding Crypto, BNPL in Payment DirectivePYMNTS – June 2, 2022 The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). [read post]
22 Apr 2022, 6:18 am by Kristian Soltes
In the biggest change to payments regulation since the roll out of Chip & Pin in 2006, all online transactions over £25 have been subject to two-factor authentication checks since 14th March, to help combat online fraud. [read post]
6 Aug 2020, 7:14 am by Kristian Soltes
Fifty-four percent of them would switch to a new store that offers contactless payments, according to a global survey by Visa Inc. measuring changes in payments habits in the face of the Covid-19 pandemic. [read post]
13 Aug 2020, 6:59 am by Kristian Soltes
As for international payments, “we need to laser-focus on getting the service to function domestically,” she added. . . . [read post]
26 Aug 2021, 8:58 am by Kristian Soltes
Biden Takes on Visa, Mastercard Over Debit Card Fees: ExplainedBloomberg Law – August 20, 2021 The Biden administration wants to loosen the grip that Visa Inc. and Mastercard Inc. have on routing debit card payments in online transactions and the billions in so-called interchange fees that come with it. [read post]
27 Aug 2020, 8:07 am by Kristian Soltes
Visa International Service Association (Visa) is a global leader in electronic payments. [read post]
4 Mar 2021, 9:30 am by Kristian Soltes
“Millions of us use apps every day to check the weather, play a game or order a takeaway,” CMA Chief Executive Andrea Coscelli said in a statement. [read post]
12 Nov 2019, 8:21 pm by Sabrina I. Pacifici
 is working on a digital currency it hopes will upend global payments. [read post]
25 Jun 2020, 8:00 am by Kristian Soltes
An article in Roll Call provided background on the new bill, introduced in March, that proposes to have the Federal Reserve get into the business of offering free checking accounts with bill pay services, online banking, free ATM services and presumably build effective mobile apps and handle 24X7 customer service. [read post]
29 Apr 2021, 8:26 am by Kristian Soltes
Ultimately this could call into question less profitable banking services such as handling cash or checks. [read post]
22 Oct 2020, 7:06 am by Kristian Soltes
Samsung Sued for Infringing Contactless Payment PatentsLaw Street Media – October 19, 2020 RFCyber Corp. filed a complaint for patent infringement against defendants Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc. on Friday in the Eastern District of Texas, alleging that Samsung infringed its contactless payment method via its Samsung Pay service on its mobile devices. [read post]
14 Aug 2019, 4:34 am by Kristian Soltes
Commissioned by Visa Inc., the report also found that 46% expect ways to make payments via the Web or on a mobile device will increase. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
The developments might have significant consequences on the cryptocurrency industry globally. [read post]
21 Jan 2021, 9:06 am by Kristian Soltes
The EC says that one of the reasons a digital euro is appealing is that it could help promote global use of the currency. . . . [read post]
9 Jul 2021, 10:11 am by Kristian Soltes
PayPal Zettle Comes to U.S., Enabling in-Person and Omnichannel Digital PaymentsVending Market Watch – July 9, 2021 PayPal Holdings Inc. is bringing PayPal Zettle to the U.S. [read post]