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PayPal Expands Partnership with Facebook Messenger, Introduces P2P Payments

Bank Innovation

PayPal is continuing to drive forward with mobile and digital payments, announcing an expansion of its partnership with social media service Facebook that will allow users to send and request money with PayPal via Facebook Messenger. The expansion, announced today a day after the company […]. billion users.

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Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package

PYMNTS

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences. Today, they’re pretty much everywhere.”.

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Chipotle Hacked, Payment Credentials Compromised

PYMNTS

Chipotle Mexican Grill has been the victim of a cyberattack that compromised the credit card payment information for a small number of customers. Many customers have recently posted on social media that orders placed at the restaurant fraudulently used their payment cards during the first few weeks of April.

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Square Debuts Invoices App For SMBs

PYMNTS

Square has released a new app called Square Invoices to help businesses design, manage and send invoices from anywhere, the company announced on Tuesday (March 26). The app works in real time and lets users handle all facets of their business from their mobile devices. The Square Invoices app is available today in the U.S.,

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FastPay On The Financial Impact Of 10 Years Of Media Disruption

PYMNTS

The media landscape in the last 10 years has changed quickly and dramatically, but it’s not only consumers driving and adjusting to this paradigm shift. According to FastPay President and COO Secil Baysal, any of these media industry shifts have opened up opportunities, particularly for advertisers and publishers.

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Capitalize on social payments

Independent Banker

Social payments methods like Venmo and Cash App continue to grow in popularity, and the data is there to prove it, creating an opportunity to give customers what they want: 24/7 access to cashless, P2P and mobile transactions. So how do social payments fit in community banks’ long-term future? Illustration by Filo/iStock.

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Western Union Brings Money Transfer Bot To Philippines

PYMNTS

25), Western Union launched a new chatbot for the Facebook Messenger application, according to news from Mobile Payments Today. Users can request money in specific amounts and stipulate a means of payout, and the funds can be received by all major Filipino bank accounts, Mobile Payments Today stated.