Post Tagged with: "payments"

Customers Don’t Prefer Chatbots Over Humans Yet—But They Will, Says Survey

Customers Don’t Prefer Chatbots Over Humans Yet—But They Will, Says Survey

by December 5, 2016 at 12:31 pm 0 comments

Consumers aren’t quite at the point where they prefer chatbots to humans—but according to a new study conducted by enterprise software company Aspect, that could very soon change. According to the company’s 2016 Consumer Experience Index, it’s nearly a fifty-fifty split: 44% of the survey respondents indicated that they wouldRead More

PayPal Launches Mobile App for Small Businesses

PayPal Launches Mobile App for Small Businesses

by December 1, 2016 at 12:06 pm 1 comment

PayPal is giving its merchant-clients an upgrade. This week the company launched PayPal Business app, which allows merchants to to create and send invoices, manage account activity, withdraw funds, issue refunds, send payment reminders, view and edit customer information, said Arnold Goldberg, PayPal’s VP of merchant product and technology, inRead More

Payment Breach at Madison Square Garden Attributed to Magstripes

Payment Breach at Madison Square Garden Attributed to Magstripes

by November 30, 2016 at 11:55 am 0 comments

The Madison Square Garden company has notified customers of a breach that took place on its payment processing systems, the perpetrators of which gained access to customer data including names, credit card numbers, and security codes. Adding to the misfortune of the breach is the fact that many of theseRead More

Breaking Banks: #InvestedinTech with Capital One! [AUDIO]

Breaking Banks: #InvestedinTech with Capital One! [AUDIO]

by November 29, 2016 at 8:58 am 0 comments

On this episode of Breaking Banks, fintech writer JP Nicols hosts a panel dedicated to exploring the innovations and technology behind Capital One. Nicols is joined by guests from Capital One’s team, including Scott Zimmer, global head of design, Tom Poole, managing VP of digital and payments, and Naveed Anwar,Read More

Chase Sees ‘Huge’ Opportunity in B2B, B2C Payments

Chase Sees ‘Huge’ Opportunity in B2B, B2C Payments

by November 21, 2016 at 4:25 pm 1 comment

As checks go out of style in the consumer payments space, business-to-business and business-to-consumer payments still largely depend on the old checkbook. At least this is the case at Chase, according to Douglas Petno, chief executive of commercial banking. We estimate that our clients spend over $0.5 trillion on businessRead More

Siri May Come to iMessage, and Bring Along P2P Payments

Siri May Come to iMessage, and Bring Along P2P Payments

by November 21, 2016 at 11:55 am 0 comments

Have you ever felt overwhelmed with texting, and wished you had some help? Worry no more, Apple has you covered in its newest patent, which may bring Siri — iOS’s virtual assistant — to iMessage. The new functionality will allow Siri to perform various tasks in the iMessage app, such asRead More

Visa-Alibaba Partnership May Be in the Works as Visa Moves into China

Visa-Alibaba Partnership May Be in the Works as Visa Moves into China

by November 17, 2016 at 4:41 pm 1 comment

When it comes to introducing cashless transactions to new markets across the world, Visa is usually the pioneer. Not so in China, however, according to Visa’s Chief Financial Officer Vasant Prabhu: Normally we go into countries, and we are the ones who are out there, doing the missionary work inRead More

$5 Billion in Same-Day ACH Payments Done Last Month

$5 Billion in Same-Day ACH Payments Done Last Month

by November 15, 2016 at 12:32 pm 1 comment

3.8 million same-day ACH transactions took place last month for a grand total of $4.98 billion transacted, according to data released today by NACHA—the National Automated Clearing House Association, otherwise known as the governing body behind the ACH Network. These numbers are the result of the first month in whichRead More

Facebook Opens up Platform for Bot Developers

Facebook Opens up Platform for Bot Developers

by November 14, 2016 at 10:44 am 1 comment

Facebook announced today that it will be opening up a developer platform for chatbot builders named FbStart, in the spirit of hallmark Facebook simplicity. This can be expected to add many bouncing baby bots to the 34,000 already available for use on the Messenger platform, and aid in the improvement of existing solutions.Read More

Payments Platform NanoPay Raises $10M, Led by Goldman Sachs

Payments Platform NanoPay Raises $10M, Led by Goldman Sachs

by October 27, 2016 at 11:54 am 1 comment

Toronto-based payments platform nanoPay announced yesterday that it has raised $10 million in a Series A round in order to expand its business and offerings, most notably its open API platform, MintChip. MintChip was developed by the Royal Canadian Mint in 2012 and shuttered in 2014. In January 2016, the project wasRead More