Chase told customers that it will add some restrictions on their use of the peer-to-peer payment network Zelle with Chase beginning March 23. The changes in the bank’s Zelle service agreement were noted in multiple media reports. The new provisions include Chase saying that it...
Instant gratification rules today’s theater of commerce, and businesses shouldn’t be letting fraud get in the way by slowing down transactions. From seamless tap-to-pay interactions at local coffee shops to online checkouts that rival the brevity of a haiku, immediacy has worked to position itself...
Elon Musk’s bid to make X into the “everything app” may have gotten a bit of a boost — where the newly-announced pact with Visa is a significant “something” on the way to “everything.” And in doing so, the person-to-person (P2P) payments functionality for X...
Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch open banking-powered variable recurring payments. The company will help establish an independent central operator to coordinate how those payments are...
The Consumer Financial Protection Bureau (CFPB) is under fire from seemingly all corners, and various legal challenges have alleged that the agency’s recent ramping of its rule-making through the past few months is illustrative of a regulator that’s overstepped its bounds. In the case of...
Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central bank instant payments mandates and modernized infrastructure in Brazil have also moved the needle to the point where the region...
Payments technology firm Transcard has expanded into the Canadian market. The company announced the move Thursday (Jan. 9) along with the signing of its first customer in Canada, Xodus Travel Services. According to a news release, the Transcard embedded payment platform supports global payments in...
It’s only been for the last 443 years that the start of the new year was celebrated on January 1st. For millennia before that, it wasn’t until late March and on the day when the number of hours between darkness and light was the same....
One of the projects we were most proud of at PYMNTS Intelligence was our series produced with Google Wallet on the attitudes toward and usage of digital wallets. In short: They are gaining traction around the world, offering consumers a convenient and secure way to...
