Page 28 - Pso Feature News Today

Rising global e-commerce transaction volume is creating an opportunity to expand the options for cross-border payments from businesses to consumers.

Even as companies like Apple make it less crucial to have dedicated payment terminals, Adyen sees a market for two new devices that can build on its strengths in e-commerce.

After enabling used-car sales with The Clearing House's RTP rail, the bank has implemented the same technology for real-time funding of vehicle loans.

This week in global banking news, German regulator BaFin takes action on Allianz, trains in Toronto add contactless fare tech, Klarna expands in the U.K., and more.

A real-time refund can allow travelers to quickly rebook after a cancellation, and instant credits can make longer airport waits more bearable, according to fintech experts.

Many BNPL lenders are expanding the services they offer to consumers. But adapting the product for businesses, or reducing friction at the point of sale, could also be avenues for growth.

Through this collaboration, Amex will offer loyalty options through new channels to boost payment volume.

Payrailz created its own bill payment technology and a peer-to-peer product for smaller banks wary of Zelle, but Jack Henry can scale it faster by absorbing the Connecticut-based fintech.

Founder Jason Gardner plans to drop CEO duties for a new role at the payment technology firm, which is expanding its focus to larger financial institutions as some existing clients slump.

In another sign that the pandemic-fueled migration to digital transactions is here to stay, Capital One is dropping a mobile-payment incentive for REI credit card customers as it takes over issuance of the Mastercard from U.S. Bank.