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PYMNTS

 •  October 20

What will it take to save the trees? To cut out the cutting of checks? In a long-running series, Ingo Money CEO Drew Edwards has delved with PYMNTS’ Karen Webster into the lures and values of push payments, where money is moved directly onto users’ cards and accounts, on demand. The recent Disbursement Satisfaction Index shows that the table is set...

PYMNTS

 •  October 20

On Friday (Oct. 20), PayPal and Facebook announced news that they are expanding their partnership. Facebook users will now be able to send and receive peer-to-peer money transfers through PayPal from within the social media website’s Messenger app. Facebook has been busy expanding the range of services offered within its mobile application,...

PYMNTS

 •  October 20

On Friday (Oct. 20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will be made available for B2B transactions, specifically to address the demands of cross-border payments. Mastercard is not the only firm delving into blockchain. The company joins...

PYMNTS

 •  October 20

The Clearing House and Mastercard announced news on Thursday (Oct. 19) that they are partnering to enable The Clearing House (TCH) to provision and manage Mastercard-branded tokens on behalf of banks. In a press release, TCH said the deal establishes it as one of the first third-party token service providers to be certified by Mastercard, enabling...

PYMNTS

 •  October 20

“PayPal delivered one of its strongest quarters since becoming an independent company,” said Dan Schulman, CEO of PayPal, in a statement. “Putting our customers first in everything we do, enhancing our suite of products and services and partnering with some of the world’s most popular brands are delivering tangible results.” PayPal, largely pushed...

PYMNTS

 •  October 20

Marqeta, an open API card issuer, and Alipay, a third-party payment platform popular in China, have announced news of a partnership that will make using Alipay easier in the U.S. Marqeta’s API platform will reportedly ease completion of Alipay’s payments in real time. Alipay has more than 520 million registered users in China, according to the...

PYMNTS

 •  October 20

According to security software company Symantec’s “Q2 Mobile Threat Intelligence Report: Mobility and Finance,” 25 percent of the mobile devices used by employees of financial service companies have unpatched security vulnerabilities. Furthermore, the report found 15 percent of these mobile devices have been connected to malicious networks. These...

PYMNTS

 •  October 20

Citibank has announced news that customers can now utilize the popular Citi Quick Lock feature on their debit cards, enabling them to quickly temporarily freeze their card in order to protect their bank accounts. Customers can easily lock their debit cards online or via Citibank’s mobile app if a card is misplaced. The Citi Quick Lock feature was...

PYMNTS

 •  October 20

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick. As...

PYMNTS

 •  October 20

Alipay, the digital payment company owned by Alibaba, China’s largest eCommerce company, has inked a partnership with Poynt, the maker of smart terminals. According to a news release from Poynt, under terms of the deal, Alipay’s more than 520 million registered users in China will be able to pay with Alipay across all Poynt devices in North...