Payments News

On The Web

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Companies

Square Acquires GoParrot to Offer Advanced Capabilities for Restaurants

“Square has acquired GoParrot, an all-in-one digital ordering and marketing platform for restaurants. GoParrot enables restaurants to connect more easily and directly with customers through powerful omnichannel software. As a long-time Square partner, GoParrot’s products already integrate with Square’s ecosystem of solutions. With GoParrot, Square sellers can offer an exceptional customer experience with a customizable […]
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Companies

Swift: Case Management: Simpler Payment Investigations For All

“We’ve [Swift] extended our Case Management product suite beyond just gpi-enabled banks. That means that everyone in our community can now benefit from our Stop and Recall and Case Resolution services. Within the world of payments, things don’t always go to plan. Whether that’s an incorrect account number that needs to be repaired or a […]
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Companies

Plaid is Striking Back After Stripe Entered Its Core Business

“Plaid is moving into identity verification in a crucial expansion beyond its roots connecting banks and fintechs — a move that could put it in more direct competition with Stripe, another company known for its financial software tools. In conjunction with its Plaid Forum customer conference this week, the company is also announcing two products […]
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Companies

Mastercard Launches Tech That Lets You Pay With Your Face or Hand in Stores

“Mastercard is piloting new technology that lets shoppers make payments with just their face or hand at the checkout point. The company on Tuesday launched a program for retailers to offer biometric payment methods, like facial recognition and fingerprint scanning. At checkout, users will be able to authenticate their payment by showing their face or […]
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Companies

PayPal Users Will Pay Higher Fees for Quick Cash

“Sellers in a hurry to access money stored in their PayPal accounts will pay higher fees to use its Instant Transfer service beginning next month. However, sellers who can wait 1-3 business days to transfer funds to their bank account or debit card will continue to pay no fees for Standard Bank Transfers….Two significant Instant […]
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Companies

Adyen Expands Partnership with Afterpay as BNPL Payments Increase

“Global payments platform Adyen has expanded its partnership with AfterPay allowing more of Adyen’s merchants in more countries worldwide to use the Buy Now Pay Later provider…Afterpay is working with Adyen to process payments across key markets, including Australia, New Zealand, Canada, Europe, the US, and the UK to support the company’s global growth and […]
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On The Wires

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Companies

Routable Launches Real-Time Payments (RTP®) to Enable Instant Payouts at Scale

“Routable, a modern and intuitive business payments platform, with a focus on mass payouts, today announced the launch of Real-Time Payments (RTP®), which allows businesses to securely pay vendors and contractors within seconds. Routable built RTP® leveraging its extensive experience in mass payouts, so it can accommodate businesses as they scale from 250 payouts per […]
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Companies

Square Expands Afterpay Integration to In-Person Points of Sale

“Today, Square marks another key milestone in its integration of Afterpay, extending buy now, pay later (BNPL) functionality to its millions of in-person sellers in the United States and Australia. Just three months after first bringing Afterpay into the Square ecosystem with e-commerce integration, Square and Afterpay moved swiftly to unlock the ability for sellers using […]
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Companies

FIS Helps Small and Mid-Sized Financial Institutions Digitally Transform Through New Embedded Finance Capabilities in Partnership with Treasury Prime

“The global economy’s digital transformation is accelerating, and community and regional banks are seeking ways to offer the most advanced digital capabilities and open new channels for distribution. To help these financial institutions meet the growing need for digitally-native banking experiences and grow their client base, FIS® has announced a new embedded finance offering developed in […]