Payments News

On The Web

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Companies

Google’s Payments Strategy is Taking Another Twist as it Battles Apple

“Google is launching a new Google Wallet app on Android and Wear OS, looking to streamline its payments products and lock users into Android more tightly. The move is part of a broader effort by tech giants Google and Apple to bind consumers more closely into their mobile devices by making the digital wallet as essential […]
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Companies

American Express & Google Team Up to Make Shopping Easier with an Added Layer Of Security When Using Autofill on Chrome and Android

“[Amex] We’re working with Google to let Card Members* convert to and save virtual card numbers (VCN) when they use Autofill on Chrome and Android. Virtual card numbers make shopping online and in Android apps safer by replacing the 15-digit physical card number with a virtual number, or token, which provides an extra layer of […]
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Companies

Google Adds Virtual Credit Cards for Google Pay

“Google will roll out virtual credit cards for Pay on Chrome and Android later this year, in an effort to better protect users’ financial information during online transactions. Virtual cards are randomly generated 15 or 16 digit numbers that can be used to obscure your true card information when making online payments. The idea is […]
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Companies

Zettle by PayPal Launches On-Phone Payments with Tap to Pay

“PayPal Holdings, Inc. today announced the launch of Tap to Pay with Zettle by PayPal for small businesses in the UK. The new function, which will begin rolling out today, enables individual sellers and small businesses to accept contactless payments in-person directly on their Android mobile devices, with no additional hardware and no additional fees. […]
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Companies

Keybank Acquires Fintech GradFin

“KeyBank today announced that it has acquired GradFin, one of the nation’s leading Public Service Loan Forgiveness counseling providers. The acquisition furthers Key’s commitment to accelerate growth through targeted investments in digital, niche businesses.”
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Companies

EMVCo Announces Development of EMV® Contactless Kernel Specification to Simplify and Advance Global Contactless Acceptance

“Global technical body EMVCo has announced that it is developing an EMV Contactless Kernel Specification to simplify and advance global contactless payment acceptance. Following a detailed review with EMVCo Associates in February and March, a draft specification is now available on the EMVCo website for public review. EMVCo aims to release the final specification later […]

On The Wires

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Companies

American Express Teams Up with Versapay to Create a More Efficient Accounts Receivable Experience for Suppliers and Buyers

“American Express and Versapay, the Collaborative Accounts Receivable company, today announced a new agreement to provide suppliers who utilize the functionality of American Express virtual cards with access to Versapay’s world-class collaborative accounts receivable (AR) network of buyers and suppliers. “Business buyers are increasingly turning to virtual cards to make faster, more efficient payments while […]
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Companies

Peach Selected as Visa Ready for BNPL Launch Partner

“Peach Finance, a modern and configurable lending technology platform that helps lenders build, launch and scale new lending products, today announced that it has been selected as a launch partner for the Visa Ready for BNPL Program. As part of the program, Peach will help Visa clients power BNPL programs. Peach’s platform is designed to […]
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Companies

Jack Henry and NYDIG to Offer Bitcoin Services to Financial Institutions

“Jack Henry & Associates, Inc.® announced today that it’s working with NYDIG, a leader in bitcoin technology and financial services solutions, to enable financial institutions to make bitcoin more accessible to accountholders. Many consumers and businesses are looking to their financial institutions to provide bitcoin services, which this relationship will solve. Consumer and business accounts […]