article thumbnail

Metro Joins Bacs For SMB Direct Debits

PYMNTS

challenger bank Metro Bank has joined the Pay.UK-operated 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. SMBs and FinTechs. Unlike the U.S.,

Metro 130
article thumbnail

Mastercard Pushes Multiple Cashless Solutions For Transit Payments

PYMNTS

From mobile ticketing to digitizing commuter cards and enabling contactless payments, Mastercard has already embedded its technology in 16 metro areas including Los Angeles, Boston and Denver to make getting from Point A to Point B as simple as buying a morning cup of coffee,” the company said. merchants and acceptance at Mastercard.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

PYMNTS

“This is now about one product that works for your entire life,” Kirkpatrick said, noting that Mastercard has already embedded its contactless-enabling technology in 16 metro areas, including Los Angeles, Boston, New York and Denver, “which means this is no longer a change coming on the hypothetical horizon, but one coming very soon.”.

article thumbnail

The community banks standing by hospitality customers

Independent Banker

The Coronavirus Aid, Relief, and Economic Security (CARES) Act provided an important backstop for Small Business Administration (SBA) 7(a) loan holders, as it required the SBA to take care of loan payments for about six months in 2020 and make partial payments in 2021.

article thumbnail

Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

and it's banking subsidiary Metro City Bank are headquartered in Atlanta. It's largest acquisition in the last five years was Boston Private Holdings, but it has been active in its other segments, including the acquisition of Leerink. Please do not claim to invest in any security based on what you read here.

Capital 78
article thumbnail

The New York Subway’s Better Digital Ticket To Ride

PYMNTS

Riders who also use the Metro-North and Long Island Railroads will be able to merge their tickets into one integrated form of payment. He pointed out that making this work smoothly requires a “slick” process that can take money from the customer in a very fleeting but steady and secure manner that requires minimal interaction.

New York 105