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PayPal — which is rarely thought of as a prepaid card company — has filed a lawsuit against the CFPB over its rules on prepaid accounts, underscoring the rapid changes in digital financial services and PayPal’s own expanding financial services ambitions in recent years.December 12
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France’s Orange Bank, the online bank launched in 2017 by telco Orange, is expanding its mobile payment app’s reach by adding Google Pay through an integration via Wirecard.December 12
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Apple Inc.’s digital wallet is expanding in Europe just as regulators crack down on the tech giant’s move into financial services.December 12
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WeWork has gotten its share of bad news this year, but parts of its concept are filtering into small business retail, providing one clue of what the next wave of shopping and payments will look like.December 12
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The new decade will see Generation Z become adults, and they will expect more services and activities to be facilitated by their device of choice, says Zoomd's Omri Argaman.December 12CMO and Co-founderZoomd
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Indonesia’s ride-hailing giant Gojek is close to acquiring a mobile point-of-sale startup called Moka for at least $120 million, as it aims to become a leading player in the country’s digital payments industry, according to people familiar with the talks.December 11
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Going contactless has been a bigger challenge in New York because of the size and complexity of its transit systems.December 11
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Payments and banking software provider ACI Worldwide says it has added improved communications and security tools to its ACI Speedpay bill payment service that businesses can offer to customers.December 11
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In many nations, transit fare payments are seen as a key first step toward the adoption of mobile and wearable payments. In the Netherlands, this wasn't the case.December 10
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The region is technologically advanced, but still has a large percentage of underbanked consumers, says PPRO's Javier Vallaure.December 10