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WEX Reorganizes With New Team For B2B Payments

PYMNTS

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare. He also previously worked at U.S.

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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers. billion by 2024.

Analytics 266
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Square And Apple: Who Is The Big Winner Of Their Payments Pair-Up?

PYMNTS

History has a tendency of repeating itself in payments — though luckily, things in this space move fast and attention spans are often fairly short, so mostly we don’t notice. But in January-February 2014, the talk wasn’t really so much about their phone/card processing combo package, as much as it was acquisition. Good-Bye Swipe Fee.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. After Amazon managed to turn the retail ecosystem’s collective head with its announcement that it would be acquiring the nation’s sixth-largest grocery chain, Whole Foods Market.

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Square Goes Cardless, Samsung Gets Retinal And Gmail Goes Mobile

PYMNTS

But we will know how Square is raising the in-store payments game for SMBs, how Samsung is changing the topic and how Google is (finally) proudly welcoming Gmail to the year 2010 with mobile upgrades. Card-on-file comes to the physical store. No card, no phone, no swipe, dip or tap. will allow a variation on retinal payments.

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Fair CEO: Why Cars-As-A-Service Is The Future Of Driving

PYMNTS

This one monthly payment bundles all the costs of car ownership, including insurance, maintenance and repair and wear and tear (both normal and excess). Along with that one monthly payment, there is a non-refundable “start payment,” which, Painter said, is the equivalent of the first and last month’s payment.

Payments 121