PYMNTS

OCTOBER 18, 2020

Portuguese payments provider SIBS has taken its instant payments service international two years after launching it as a intra-country platform. SIBS said more than 5 million instant payments were made inside Portugal over the past year — a rate of about 450,000 transactions per month. In the U.S.,

Payments 167

Payments Boston System Survey 167

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders.

Payments 244

Payments Boston System Operations 244

PYMNTS

DECEMBER 5, 2019

Faster Payments Council (FPC) as a founding sponsor, the Fed announced in a press release on Thursday (Dec. Our payment system is a vital part of America’s infrastructure that touches everyone,” said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City. payment system is improved.

Kansas City 135

Kansas City Payments Kansas Boston 135

PYMNTS

AUGUST 29, 2019

Vietnam Prosperity Bank (VPBank) and Flywire, a tuition payment company, have joined forces to make it easier for Vietnamese students to make international tuition payments. Flywire has processed more than $12 billion in payments for over 2,000 educational institutions around the world. Canada, U.K.

Payments 154

Payments Boston Chicago Study 154

PYMNTS

NOVEMBER 26, 2018

Cubic Corporation announced Monday (November 26) that its Cubic Transportation Systems unit and Transport for New South Wales will expand the contactless payment system to cover Sydney’s train network. That is being made possible by recent contract wins by the company. The project began with a trial on the Manly ferry in 2017.

Training 182

Training System San Francisco Payments 182

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex is rolling out a business cash management account to take the place of traditional business bank accounts. Brex Launches Brex Cash To Replace Biz Bank Accounts.

Management 108

Management Fraud Payments Boston 108

PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

OCTOBER 28, 2019

Payment solutions company Flywire is rolling out a simplified cross-border payments solution for Bank of America’s higher education and corporate clients, Flywire announced in a press release on Monday (Oct. The service makes international billing, payment and receipts more efficient and easier to use.

Payments 101

Payments America Boston Chicago 101

PYMNTS

MAY 12, 2020

In the journey to improving B2B payment processes, it’s unlikely that any single solution will be the silver bullet to combating friction. In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. Deluxe Preserves The Check Workflow.

Payments 130

Payments Fraud Community Boston 130

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States.

America 189

America Kansas City Payments Kansas 189

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation.

Security 100

Security Payments Boston Fraud 100

PYMNTS

JUNE 23, 2020

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

SEPTEMBER 17, 2018

This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. The handwritten invoice he left with my cushions included his name, his mobile phone number and the payment methods he accepted: cash or check. He delivered my cushions, as promised, about a month ago.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

JANUARY 17, 2021

The new funding, according to the announcement, comes from two existing investors: Durable Capital Partners and Fidelity Management & Research. Fidelity Management & Research is based in Boston. British delivery power-house Deliveroo said Sunday (Jan. Durable Capital Partners is based in Chevy Chase, Maryland.

Maryland 181

Maryland Boston Capital Innovation 181

PYMNTS

NOVEMBER 23, 2020

It uses payment data, location data, unique customer data and digital identifiers to detect fraud in real time. Advanced AI means reducing chargebacks, saving inventory, maintaining brand loyalty and spending more time managing the lunch rush than worrying about fraud.”. This establishes identity trust or risk in real time.

Mobile 289

Mobile Boston Fraud Colorado 289

Payments Source

JANUARY 25, 2017

Boston-based Buildium, which provides a software platform for real estate property managers, has expanded its ePay online payment service to Canada, marking the first region outside the U.S. where Buildium supports electronic payments.

Online 60

Online Boston Payments Regional 60

PYMNTS

NOVEMBER 22, 2020

The WSJ reported that Boston-based Bain raised the funds even though other global impact funds have struggled with fundraising this year, drawing just $14.6 The managing director was former Massachusetts Gov. Also this year, Bain Capital Ventures Partner Matt Harris told PYMNTS he sees big opportunity in B2B electronic payments. “If

Capital 188

Capital Policies Massachusetts Boston 188

PYMNTS

FEBRUARY 5, 2020

operated Bacs and partnered with Boston payments firm Bottomline Technologies to enable direct debits for small to medium-sized businesses (SMBs), Metro announced on Wednesday (Feb. Direct debit is widely considered to be among the most secure and cost-effective ways to handle payments and most minor SMBs don’t have access to it. .

Metro 130

Metro Boston Technology Security 130

PYMNTS

FEBRUARY 13, 2020

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. The global payments industry is expected to increase at a CAGR of 5.9 percent from 2019-2028 and is expected to comprise a $2.5

Boston 130

Boston Capital Industry Payments 130

PYMNTS

NOVEMBER 4, 2020

the Federal Reserve Bank of Boston said, “To date, U.S. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. Hurry Up And Wait.

US 171

US Boston Regulation Data 171

PYMNTS

OCTOBER 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Around the full-service payments world. To download the October edition of the Payments as a Service Tracker™ , click the button below.

Payments 100

Payments Boston Retail System 100

PYMNTS

JUNE 11, 2018

Far-reaching data protection regulations like PSD2 are both a consequence and catalyst of change in how financial service providers store, manage and use data. ” FinTech can be a rival, but it can also be a key partner for traditional financial services looking for guidance in their data management and analytics strategies.

Data 100

Data Management Analytics Compliance 100

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. This demand is driving the global expense management software market to reach $6.6 Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges.

Tools 141

Tools Boston Cards Management 141

PYMNTS

DECEMBER 20, 2019

The year may be winding toward a close and slowing down, but this week the world of payments showed signs of neither as big players seemed to be racing down to the wire to get their big news out before the clock strikes 12 on the 31st and the calendar resets to 2020. The B2B Receivables Revolution . for each share.

Payments 131

Payments Google Apple Boston 131

Celent Banking

APRIL 7, 2017

Many of us at Celent just came back from a busy and exciting week in Boston. The rain and clouds couldn't obscure spectacular views from the State Room overlooking the Boston harbour. Risk Management. Payments Replatforming. Fraud Management and Cybersecurity. Payments Product. Banco Original, Brazil.

Case Study 189

Case Study Boston Risk Management Study 189

PYMNTS

MARCH 17, 2017

PricewaterhouseCoopers — after 83 consecutive years of tabulating the Academy Awards without incident — managed to accidentally put the wrong card in Warren Beatty/Faye Dunaway’s hands for the Best Picture award and … well the rest is YouTube history. Alexander questioned, for example, how Adm. Not much of a chat.”.

Innovation 175

Innovation Payments social media America 175

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? Instant payments service What is FedNow?

Fraud 195

Fraud Payments Security Resources 195

PYMNTS

JUNE 20, 2018

Banks are turning to digital technology to enhance the customer experience — and reduce payment friction — in an effort to boost top and bottom lines. While JPMorgan Chase has invested in technology for years, the focus has so far been to help traders, portfolio managers and others inside the bank.

Mobile 150

Mobile Innovation Payments America 150

PYMNTS

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. Revenue growth in the business payments sector is expected to grow by around 5.6 percent through 2028, according to Boston Consulting Group.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

PYMNTS

NOVEMBER 27, 2019

The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Millions of U.S.

Tools 130

Tools Boston Massachusetts Cards 130

PYMNTS

OCTOBER 11, 2020

Smith is new to the bank and will be based in Boston, overseeing the strategic direction, product pricing and portfolio management of the Small Business Banking division, Santander stated in the announcement. in Information Technology Management from the University of Virginia, according to Santander. Smith holds a B.S.

Lending 160

Lending New York Virginia Boston 160

ABA Community Banking

MARCH 29, 2018

Picks Boston Consulting Group to produce research Payments Risk Management Online Security.

Study 40

Study Boston Fraud Risk Management 40

PYMNTS

AUGUST 2, 2016

Reports from Associated Press last week put faces on the struggle of late small business payments. Days after AP’s story was circulated, reports emerged from the MIT Sloan School of Management and The Harvard Business School that provides new evidence that faster payments can help small businesses.

Payments 100

Payments New Hampshire Policies Boston 100

PYMNTS

MARCH 27, 2019

MineralTree, an accounts payable and payment automation company, announced Wednesday (March 27) it closed a $50 million growth equity investment fundraising round. In a press release , MineralTree said the investment round was led by Great Hill Partners, a Boston-based private equity firm. 406 Ventures and Eight Roads Ventures.

Boston 115

Boston User Experience Resources Marketing 115

PYMNTS

JANUARY 25, 2018

In an interview with PYMNTS, CEO and Founder of Reviver Auto Neville Boston said that for the firm, which traces its genesis to 2009, the “initial thought process was simplifying the registration process. Boston noted that, with the traditional and entrenched methods, “your registration is sent out to an address.” It’s onerous.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

MARCH 2, 2020

The attraction and activity operators it serves include Walt Disney World, BigBus Tours, Boston Harbor Cruises, National Geographic Encounter: Ocean Odyssey and the Intrepid Sea, Air & Space Museum. It reduces manual processes while increasing payment reconciliation timelines. .

Boston 130

Boston Chicago Mobile Operations 130

PYMNTS

AUGUST 25, 2016

And hospital and clinics eagerly await their arrival since they are guaranteed immediate payment for services – payments may go cross-border but insurance plans usually don’t. As with the cross-border tuition market, which Flywire has served since 2009, international health care payments can be difficult to manage.

Payments 100

Payments Boston Marketing Management 100