payments - page 14

Fintech & Ecommerce

How to Find the Right Balance Between Protecting Consumers and Pushing Them Away With Over-Zealous Fraud Prevention

The safety of payment transactions is one of the main prerogatives industry players focus on. However, sometimes, the efforts to eliminate fraud lead to adverse effects. Overzealous fraud prevention techniques tend to drive customers away, creating too much checkout friction. Today, we’ll learn to distinguish a thin borderline between proper vigilance and overprotection in finance.

Fintech & Ecommerce

Visa to Acquire Featurespace for Real-Time AI Payment Protection

Visa has agreed to acquire Featurespace to enhance its existing fraud detection solutions, offering real-time AI-based protection against payment fraud and financial crime.

Fintech & Ecommerce

Klarna Grows Its Presence in Physical Stores With Adyen Partnership

Klarna’s flexible payment methods will be available on Adyen’s physical payment terminals across Europe, North America and Australia.

News

PayPal Enables Crypto Payments for Business Accounts

PayPal U.S. business accounts finally receive crypto capabilities similar to those individual consumers have been enjoying for years.

News

Visa and Mastercard Allegedly Spend Millions to Block Competition

Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.

Fintech & Ecommerce

First Abu Dhabi Bank Completes Programmable Payments Pilot

First Abu Dhabi Bank has announced the successful completion of a pilot project for the use of programmable payments with JPM Coins through Onyx by JPMorgan.

News

Travala Ticketing Service Integrates With Solana to Expand Crypto Booking Options

Crypto-based online travel ticketing service Travala partnered with Solana blockchain to enable travellers to book hotels and flights using Solana tokens along with some major stablecoins.

News

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil

Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.

Fintech & Ecommerce

How Can You Send Money Through Gmail?

Gmail offers a convenient money transfer feature specifically designed for users in the United States, seamlessly integrating Google Pay functionality into the familiar email interface. This integration allows for effortless fund transfers by enabling users to attach money to their emails, much like attaching a file or document. The process is straightforward and user-friendly, mirroring […]

Fintech & Ecommerce

Form3 Raises $60 Million

Form3 has completed an extension of the $60 million Series C funding round.

Fintech & Ecommerce

The Safest Online Money Management and Payment Options

If you know how to use them, e-wallets and money management apps can save you a lot of time and money. There are plenty of them out there, each with their own strengths and weaknesses. Part of the challenge is figuring out which one is right for your needs, whether those include personal finance, business […]

Articles

Why Remittance Players Are Not Interested in AI?

The payment industry is eagerly embracing artificial intelligence (AI) technology, implementing its unique capabilities into almost every aspect of external and internal processes to boost efficiency. Yet, some of the fintech players are more reluctant to introduce AI than others. In particular, the lack of interest and adoption is striking with remittance companies. 

News

Shoplazza Partners Stripe for Payment Solution

Shoplazza Payments powered by Stripe provides real-time insights into e-commerce operations and improves the acquisition and settlement of online orders for businesses.

Blockchain & Crypto

Stablecoin Payments Near $1B in Singapore

The second quarter of 2024 saw record stablecoin payments in Singapore, showing an over 5,000% surge compared to the same period last year.

Articles

Does Payment Card Co-Branding Influence Retail Decisions?

Did you know that every third American citizen owns a co-branded credit card from their favourite retailer, warehouse club or airline? Brands eagerly enter partnerships with payment providers to issue their own credit solutions. Today, we wonder if this practice still makes sense amid the abundance of multi-purpose payment products. Do co-branded cards fulfil their […]

News

Amazon Expands Just Walk Out Technology to More Stadiums and Universities

More NFL fans and university students in Seattle, Washington and Baltimore will be able to skip the checkout lines with the help of AI-enabled Just Walk Out technology from Amazon.

Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies. Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive. These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.