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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart

PYMNTS

DC AG Sues Instacart Over Fees Customers Thought Were Tips. 27) that Instacart made substantial sums in the city by tricking customers into thinking voluntary payments they added to food delivery bills were tips for drivers. Smaller FIs at the Real-Time Payments Crossroads. Facebook Inc. to buy TikTok’s U.S.

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Federal Reserve Extends FedNow Service Comment Period

Perficient

The FedNow Service is a new 24x7x365 service that will support instant payments in the United States and is expected to be available in 2023. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551.

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Walmart Pay Launches In 16 States, DC

PYMNTS

The retail giant’s payment method is finally here. Back in December, Walmart announced plans to enter the mobile payments game with its own proprietary payments platform by turning the Walmart.com app into the way that consumers can pay at the physical point of sale.

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PBOC Patents Show China’s Push For Digital Money

PYMNTS

According to the patents, the bank is working on an array of things, including issuing and supplying a digital bank currency, a system for settling issues between banks using the currency, and enacting digital eWallets for the currency that can be tied to existing bank accounts. officials’ take on digital currency.

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JD.com Joins China’s Central Bank To Advance Digital Currency

PYMNTS

The bank is working on an array of things, including issuing and supplying a digital bank currency, a system for settling issues between banks using the currency, and enacting digital eWallets for the currency that can be tied to existing bank accounts. The efforts by Beijing to digitize the renmibi have caused some alarm in the West.

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CFPB’s Credit Union Advisory Council to meet on October 8

CFPB Monitor

A meeting of the CFPB’s Credit Union Advisory Council has been scheduled for October 8, 2015 at the CFPB’s offices in Washington, DC. The agenda indicates that the “Council will discuss consumer challenges in payments.”

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Cardtronics Posts 22 Percent Revenue Growth

PYMNTS

In a press release , Cardtronics stated that the boost was driven by the DirectCash Payments and Spark ATM Systems acquisitions completed at the beginning of the year. The first is the unique, increasingly global ‘neighborhood ATM’ platform, delivering a critical service in payments: convenient access to cash.

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