Category: Archive | Page 30

Blackbaud Partners with Facebook to Grow Online Reach for Fundraisers

Recognizing that collaboration can strengthen a solution and help all the parties grow their influence, another leading software provider has partnered with Facebook.

Adyen Levels the Playing Field for Brick-and-Mortar Merchants with WeChat Pay for POS

One of the most popular mobile payment apps in China, WeChat Pay has been available for online commerce via the Adyen platform since 2016. And now, the mainstream mobile payment method will now be going offline for Adyen’s merchant clients.

WePay and Chase Partnership; First Data and BluePay Acquisition Finalized and Airbnb Launches Split Payments: News Roundup

WePay officially becomes a Chase company while First Data and Bluepay solidify their partnership as well.

Square empowers growing restaurants and Airbnb simplifies split payments.

Here’s your weekly news roundup!

Customer Due Diligence Requirements are Changing for Financial Institutions. What Does This Mean for PayFacs?

Financial transparency and security are important. FinCEN and the staffs of the Federal functional regulators and the Department of Justice agree. As such, FinCEN has determined that more explicit rules for covered financial institutions with respect to Customer Due Diligence (CDD) are necessary to clarify and strengthen CDD within the Bank Secrecy Act (BSA) regime.

Tech Helps Small Businesses, Charitable Organizations Benefit from Holiday Spending Kickoff

The Black Friday shopping tradition used to bring up images of consumers lined up outside national chain stores waiting to fight the crowds for deals on new game consoles. But thanks in part to fintech companies, benefit from that post-Thanksgiving (U.S.) spending mood is spreading to smaller merchants and even nonprofits as well.

MasterCard Partners with CBE in Push Towards Cashless Commerce for Egyptian Economy

Global card brand MasterCard has joined forces with the Central Bank of Egypt (CBE) in a shared initiative to grow consumer attraction towards digital payments.

WePay on Chase Acquisition: “The Same, Only Better”

As WePay Chief Strategy Officer Rich Aberman sees it, there are two primary types of acquisition plays in the payments industry.

First, there’s the kind where one payments company buys another payments company and rolls it into an existing business, for the boost in revenue or transaction volume.

Then, there’s what Chase is doing with its plans to buy WePay.

UnionPay Push QR Code Payment Acceptance Now Available Outside Mainland China

Currently being launched outside mainland China, a new UnionPay initiative enables merchants to offer ”push” QR code payments to their customers at the upcoming Macau Food Festival.

Earnings Review: PFs Report Strong Results in Third Quarter

As PaymentFacilitator.com previously reported, Square released its earnings report last week, again beating analyst expectations. Following on the heels of that report, we take a look at how other companies that have embraced the payment facilitator approach fared during the last quarter.

Visa Launches Transit Program, Klarna and Nets Bring Pay Later Options into Stores: News Roundup

Visa Europe streamlines commuter payment acceptance and Shopify offers business owners the ability to view online customer commerce in real time. Klarna partners with Nets to offer a pay later solution for offline storefronts and Ayden partners with Yandex.checkout to enhance online commerce in Russia.