Industry News

  • JPMorgan Says Card Payments Surged 15% Over Black Friday Weekend
    by Nicole Pinto on December 4, 2020 at 5:34 pm

    “JPMorgan Chase & Co. said it processed 15% more card payments during Black Friday weekend than it did a year earlier, a sign that the pandemic did little to curtail spending as the holiday shopping season began. The jump was driven by a surge in purchases on Cyber Monday, when the biggest U.S. bank processed The post JPMorgan Says Card Payments Surged 15% Over Black Friday Weekend appeared first on Payments News.

  • Apple Pay limitations spark Dutch antitrust probe
    by Nicole Pinto on December 4, 2020 at 5:31 pm

    “The Dutch competition regulator has opened an investigation into contactless payments on smartphones, arguing that some systems could stifle innovation in the payments market. There’s no named target for the probe, as per the watchdog’s usual procedures, but the release suggests Apple and its iPhones are the focus.” The post Apple Pay limitations spark Dutch antitrust probe appeared first on Payments News.

  • Argentine Fintech Ualá Takes Mobile Payments to Small Businesses
    by Nicole Pinto on December 4, 2020 at 4:36 pm

    “Argentina’s Ualá, the mobile payments company backed by heavyweight investors including George Soros, Steve Cohen and Tencent Holdings Ltd, is expanding into merchant services in Argentina. The company is launching Thursday a variety of services that cater for the first time to small businesses, said Ualá’s founder and chief executive officer, Pierpaolo Barbieri. Ualá will The post Argentine Fintech Ualá Takes Mobile Payments to Small Businesses appeared first on Payments News.

  • Announcing Moov’s $27M Series A Round
    by Nicole Pinto on December 4, 2020 at 3:08 pm

    “Three months ago, we rounded our first huge milestone as we announced our $5.5 million seed round led by Bain Capital. Today, we are thrilled to announce our oversubscribed $27 million Series A round led by Angela Strange, Peter Levine, Seema Amble, and the team at a16z …From banking to integrated payments, Moov empowers developers The post Announcing Moov’s $27M Series A Round appeared first on Payments News.

  • Visa Issues MagicCube a Security Compliance Allowance to Provide Faster and More Scalable Solutions to Deploy SoftPOS + PIN
    by Nicole Pinto on December 4, 2020 at 2:36 pm

    “MagicCube , the leader in the new category of Software Defined Trust (SDT), today announced that Visa® has issued a security compliance allowance for i-Accept™, a complete software-based replacement for traditional payment acceptance terminals. This compliance confirms that MagicCube has successfully completed the security evaluation by Brightsight, the largest independent security testing lab in the world, based The post Visa Issues MagicCube a Security Compliance Allowance to Provide Faster and More Scalable Solutions to Deploy SoftPOS + PIN appeared first on Payments News.

News

Company News

Use the glossary to understand the terminology in the payments industry.

Industry News

Access our collection of payment organizations and websites that will help you better understand, navigate, and network in the payments industry.

Upcoming Events

Check out white papers on Managing Your Cost of Electronic Payments and Interchange Optimization.  Check back often to see which new topics we are covering.

Get in Touch

Send us an email and we’ll set up a time to connect with you and your business.