Post Tagged with: "online payments"

Mastercard Send, Visa Now Powering Stripe Instant Payout

Mastercard Send, Visa Now Powering Stripe Instant Payout

by September 19, 2016 at 2:53 pm 1 comment

Mastercard Send will now be the payment rails behind Stripe’s instant payout feature along with Visa, it was announced today by the parties involved. This function allows Stripe sellers—such as Lyft drivers—to receive payments, well, instantly. “These marketplaces [in the sharing economy] that have popped up aren’t going away, andRead More

MasterCard Wants You to Masterpass All the Things [VIDEO]

MasterCard Wants You to Masterpass All the Things [VIDEO]

by September 15, 2016 at 1:50 pm 0 comments

MasterCard released a series of videos earlier this month to promote the various ways its Masterpass service can be used to buy the little things in life with a single click. You know, like buying that little black dress that just happened to catch your eye, by chance, after you spent three hoursRead More

Sourcery Scores $5M to Develop ‘Enterprise-Focused’ Payments

Sourcery Scores $5M to Develop ‘Enterprise-Focused’ Payments

by September 13, 2016 at 10:39 am 1 comment

Sourcery, a digital payments platform founded in 2012, raised $5 million in venture funding in a round led by Marker LLC, the startup announced today. Sourcery’s digital platform focuses on accounts payable for restaurants and others institutions in the hospitality industry. The funding — which brings the company’s total equity to $7.5 millionRead More

FinovateFall Day 1:  APIs, Biometrics, Big Data Analytics

FinovateFall Day 1: APIs, Biometrics, Big Data Analytics

by September 8, 2016 at 10:43 pm 1 comment

It’s that time of year again! Today, FinovateFall debuted in New York, where 39 fintech companies debuted their newest toys to a fintech-hungry audience. The technology presented ranged from the latest in biometrics, including voice and facial recognition, the latest in how to create insights for big data use–and more importantly,Read More

Klarna Ramps Up U.S. Customer Service Efforts

Klarna Ramps Up U.S. Customer Service Efforts

by April 4, 2016 at 10:28 am 0 comments

The Swedish payments firm Klarna, which raised $231 million in funding in Europe and launched in the U.S. last September with Overstock.com as its first customer, has expanded its American customer service operations. Klarna is now offering customer service from 8 a.m. ET to 8 p.m. ET. Previously, Klarna’s U.S. customer serviceRead More

American Express Largely Left Out of the Powerball Bonanza

American Express Largely Left Out of the Powerball Bonanza

by January 12, 2016 at 12:19 pm 1 comment

American Express has $1.4 billion of reasons to lament being left out of Powerball payments. Amex is the only one of the major networks not contracted to process Powerball “subscription” payments. And, unless you have taken residence on Pluto, you know that Powerball, which is administered by Mega Millions, hasRead More

PayPal Building New Risk Team

PayPal Building New Risk Team

by October 19, 2015 at 4:35 pm 0 comments

The recently independent PayPal is assembling a new enterprise risk unit. The team, for which PayPal has started hiring, will be based in Austin, Texas. The ERM team will report to PayPal’s Office of the Chief Information Officer. It is unclear how large will be the team, which is a directRead More

What Is the Pay.gov Deal Really Worth to PayPal & Dwolla?

What Is the Pay.gov Deal Really Worth to PayPal & Dwolla?

by February 20, 2015 at 11:34 am 1 comment

On the surface, the deal making PayPal and Dwolla payment options on Pay.gov, the US Treasury’s online payments hub, looks massive — trillions-of-dollars massive. After all, the US Treasury reports that the federal government processed $3.73 trillion (with a T) in fiscal year 2014, 98% of which was settled electronically.Read More

Square Accepts Bitcoins, Too

Square Accepts Bitcoins, Too

by April 1, 2014 at 11:19 am 0 comments

It was only a matter of time. Payment processor Square announced a partnership with Coinbase last night that will allow its merchants on Square Market to accept payments in bitcoins. If this announcement had come a year ago, we might have suspected it was an April Fool’s Day joke, but so quicklyRead More

VIDEO: Bank of America Shows P2P Enrollment Process

by February 4, 2014 at 11:44 am 1 comment

What is the best way for a bank to promote its P2P funds transfer service? Bank of America took on that question in a little-noticed video it uploaded several weeks ago showing the signup process for its money transfer service. The video is noteworthy not only for its homage to theRead More