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Paybefore

 •  October 17

Obsidian, a Colorado-based organisation that encourages consumers to shop local in their home community, has selected Arroweye Solutions for its Local First Card programme, writes Banking Technology (Paybefore‘s sister publication). Obsidian will use Arroweye’s Digital On-Demand card production platform to produce private-label, open-loop prepaid...

Paybefore

 •  October 17

More than 5,000 ATMs of Wells Fargo (40% of its ATM network) now have near-field communication (NFC) enabled mobile wallet capability – i.e. the bank’s debit card customers can now “tap and pay”, reports Banking Technology (Paybefore‘s sister publication). The bank says it aims to upgrade the rest of the ATM network by 2019. Customers can already...

Paybefore

 •  October 16

doesn’t really believe in slowing down. The Pleasanton, Calif.-based global financial technology company has been on an acquisition spree for the past several years. Most recently, it paid approximately $175 million for CashStar to establish itself firmly as a digital gifting powerhouse. But it’s also scooped up GiftCards.com and a slew of...

Paybefore

 •  October 13

Innovate Finance, a UK-based fintech membership association, is seeking start-ups for its latest Pitch360 competition, writes Banking Technology, Paybefore‘s sister publication. The contest is open to any start-up in the following sectors: Distributed ledger technology (DLT) Financial inclusion Cybersecurity Cross-border payments Peer-to-peer and...

Paybefore

 •  October 12

Instant payments and real-time authentication checks are coming to business clients of Nordic software provider Emric – courtesy of a new partnership with Trustly, reports David Penn at Finovate (Paybefore‘s sister company). Emric’s CEO, Pedram Tadayon, points to Trustly’s strong presence in Europe as a key feature of the new relationship with the...

Paybefore

 •  October 11

It is true, but might be a bit mean to single out the iLeader, as researchers have put various artificial intelligence (AI) programmes to the test, figuring out what the IQ of each one is. Telecoms.com (Paybefore’s sister publication) reports that Liu Feng of Beijing Jiaotong University, Yong Shi from the Chinese Academy of Sciences Research Center...

Paybefore

 •  October 10

Michael Parlotto, VP, Emerging Technologies, InComm, gives the lowdown to Paybefore on the evolution of prepaid and what the future might hold for the industry. Who is the prepaid consumer today and how has this changed over time? The term “prepaid” is taking on a broader and broader meaning. Initially, prepaid had the image of just being products...

Paybefore

 •  October 10

Banking software start-up Nymbus has launched its digital banking platform – SmartDigital – offering open architecture and APIs to enable financial institutions (FIs) to integrate with third-party applications, reports David Penn at Finovate (Paybefore‘s sister company). Nymbus president David Mitchell says: “FIs currently running obsolete...

Paybefore

 •  October 6

Univision Mastercard Prepaid Card is now available in approximately 300 Walmart stores in California, Texas and Florida. The move is part of the brand’s continued expansion into retail spaces in prominently Hispanic regions. The GPR card, which was first launched in 2009, was designed by Univision Communications Inc. to serve the unbanked and...

Paybefore

 •  October 6

NACHA, the backbone for the electronic movement of money and data in the US, and its Payments Innovation Alliance (PIA), have named the first five APIs for its big payments push, according to Paybefore sister publication Banking Technology. The API Standardization Industry Group, created in spring 2017 and sponsored by NACHA’s PIA, is working to...