PYMNTS

MAY 2, 2016

Walmart is open — not just for business but to new technology ideas. After several years spent trying to infuse its multi-billion dollar business with more forward-thinking concepts with mixed results , last week, the retail giant announced that it will be conducting what amounts to an open call for tech innovation.

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SEPTEMBER 10, 2018

New and innovative disbursement methods are bringing change to the industry, though. Paper checks and legacy disbursement methods aren’t just plagued by lack of transparency and speed, Crawford noted, but are often less secure than mobile disbursements or other payment methods.

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PYMNTS

JUNE 30, 2016

On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. million users in 2016.

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SEPTEMBER 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept.

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MARCH 7, 2019

There is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility of Walmart purchasing his still young – and, at this point, struggling – online bookstore. Security Shore-Up: Keeping Counterfeiters in Check With AI.

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