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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471
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Kobe Bryant, Virtual Cards, Self-Service Technology Top This Week’s News

PYMNTS

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

Cards 131
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New Year, New Mergers Sizzle For Payments Companies

PYMNTS

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. The company already has scale, having integrated with 15,000 financial institutions in Canada and the United States and recently made forays into Ireland and Spain.

Company 132
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Framing Smartphone Memories Via Mobile Apps

PYMNTS

Keepsake accepts major credit cards or Apple Pay for payment and uses Stripe on the backend. It is currently available in three countries: Canada, Australia and the United States. Like many companies, Keepsake reaches its market through social media. Gift Cards. Payments and Logistics.

Mobile 141
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Fintech Is Back

Bank Innovation

In 2017, in the United States, overall VC funding -- a barometer of startup activity and appeal.Read More. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

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Deep Dive: How Reshipping Scams Deliver For Fraudsters

PYMNTS

These bad actors often take advantage of the chaos to steal credit cards, scam merchants and wreak other types of retail havoc. The United States Postal Service (USPS) has warned the public to stay vigilant against enticing types of fraud. Helping Consumers, Merchants Avoid Reshipping Scams.

Fraud 134
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Another Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News

PYMNTS

As has been reported, Global Payments is the third largest merchant acquirer in the United States, while TSYS is the third largest card processor in the country. Citi Said ‘Thanks, But No Thanks’ To The Apple Card. Visa CEO Throws Shade On Real-Time Payments. Fun, Cool or Otherwise Interesting.

Lending 122