pymnts

Payfone Nabs Funding; Partners With TransUnion

Payfone announced that it has secured a 24 million funding round, led by TransUnion. The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management.

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PYMNTS Podcast with Amir Wain - April 2019

Why FIs Must Be ‘Too Good to Fail’

Shakespeare once wrote, in words given voice by a gloomy Dane: The readiness is all. So it is with financial services – and so it is, specifically, with innovation within financial services. After all, ready or not, demand comes for faster payments, for easier onboarding, for digital wallets and security, above all else.

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Technology and Banking Transformation

Is there a right way and wrong way to innovate? For banks interested in transforming their brick-and-mortar branches, maybe, according to Diebold Nixdorf Senior Director of Advisory Services Chris Gill.

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Keeping P2P Payments Fraud-Free

In today’s digital payments ecosystem, businesses, banks and consumers alike want access to their money as fast as possible. While person-to-person (P2P) payment solutions and real-time payment platforms are making the quick exchange of funds possible, fraudsters also see an opening to exploit these systems’ vulnerabilities.

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Mobile Devices Adopt SMB FinTech Functionality 

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop.

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ICBA on How FinTechs Can Help Community Banks

Innovation has always been important for community banks, but the driving force of digitization over the last decade has greatly sped up the pace, said Kevin Tweddle, chief innovation officer for the Independent Community Bankers of America ( ICBA).

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ATMs, Open Source and Payments Innovation

It might be the case that 2019 takes shape as a watershed year for payments regulation, marked by PSD2 and GDPR. Stakeholders in the financial services and payments arenas are navigating new rules about how data is collected, stored and shared. However, the way payments innovation is pursued – and becomes reality – is changing, […]

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Visa, PayActiv Pave End of Two-Week Pay Period | PYMNTS.com

The gig economy has changed – and is still changing – when we work, how we work and, of course, how we get paid. Readers of this space may recall some stats at the end of last year, where the PYMNTS Gig Economy Index found that as many as one-third of workers in the U.S.

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Faster Payments Council Shares Founding Sponsors 

The U.S. Faster Payments Council (FPC), which was launched by the Fed in November, announced on Wednesday (March 6) its 20 founding sponsors, which include a range of players in the payments industry.

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Philadelphia Passes Ban on Cashless Stores | PYMNTS.com

Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S. to do so, according to a report by The Wall Street Journal . The new law will take effect in July and would require most retail outlets to accept physical currency.

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How Airport Accommodations Tap Into Mobile Tech | PYMNTS.com

To serve travelers looking to get some rest at the airport, hospitality concepts are providing spaces to help consumers relax and catch a nap.

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Amazon HQ2, Interchange Fees and Facebook

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google, Facebook and Square.

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