Payments News
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Global

Welcome to China. You Probably Can’t Buy Anything, Though.

November 11 2019

“China was never an easy place for tourists, but lately just about everything seems to have gone square-shaped—as in the payment-app QR code needed to unlock much of the Middle Kingdom. It’s how people hail taxis, consult doctors, pay for meals and book flights. Even beggars are asking for money via QR code. Not needing […]

On The Web

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Tech

Salvation Army Adds NFC Chips to Red Kettles

November 5 2019

“The Salvation Army is adding NFC chips to all 25,000 of its iconic Red Kettles for its Christmas 2019 fundraising campaign, enabling shoppers to simply tap their Apple or Android NFC phone to make a donation to the charity. The Salvation Army is providing fundraisers across the USA with NFC tags and stickers printed with […]
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Tech

Starling Bank Launches Two-in-one Euro Debit Card – AltFi News

October 30 2019

“This morning Starling unveiled a new feature to quickly let account holders convert their existing Starling debit card into a euro debit card with only a few taps. The feature works by letting the card detect the currency being used, and automatically switching between either Pounds or Euros. “A single card that can buy things […]
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Tech

Discover Begins US Contactless Card Rollout

November 5 2019

“Discover is to begin issuing contactless payment cards “for most” of its Discover It and Discover More cardmembers “who need cards reissued or replaced” this month and, from December, will start issuing contactless cards to new Discover cardholders.”
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Tech

IBM, Bank of America Team Up on Public Cloud Aimed at Banks

November 6 2019

“The tool, unveiled Wednesday, features measures designed to meet the banking sector’s regulatory and compliance requirements, IBM and Bank of America officials said. They include automated security tools and top-level encryption—a process of preventing unauthorized access by converting data into code.”

On The Wires

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Domains

Paymentus and Amazon Team up to Provide an Easier Way for Customers to Manage Their Bills With Alexa

October 28 2019

“Paymentus Corporation, a leader in customer engagement and bill payment technology, today announced that billers on the Paymentus Instant Payment Network can soon offer customers a more intuitive way to interact with and manage utility bills via any Alexa-enabled device. With this announcement, customers of participating billers will soon be able to link their utility […]
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Tech

Mastercard Partners With Tappy Technologies to Embed Payment Functionality Into Fashion Wearables

November 7 2019

“Tappy’s patented contactless payment chips can be embedded into virtually any fashion accessory, transforming them into payment-enabled wearables. By partnering with Mastercard, Tappy can integrate its technology platform with Mastercard Digital Enablement Service (MDES) to tokenize payment credentials when consumers use their mechanical or digital watch or wearable to make a purchase at any merchant […]
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Tech

American Express Expands Virtual Card Footprint With Coupa Pay Integration

November 6 2019

“Today, American Express and Coupa announced the availability of the American Express virtual Card as a payment option within Coupa’s leading business spend management (BSM) platform. The new payment integration with Coupa Pay, a set of payment and financial solutions within the Coupa BSM platform, is expected to first be available to American Express Corporate […]
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Standards

US Payments Forum Releases Guidance for Streamlining EMV Certifications at the Fuel Pump

November 1 2019

“Testing and certification have been cited as one of the biggest challenges for EMV chip implementation at the automated fuel dispenser (AFD). With the AFD fraud liability shift slated for October 2020, the U.S. Payments Forum has released guidance for streamlining this process and reducing redundancy, implementation time and effort required to achieve certifications for […]