While the Federal Reserve won't specify payments volume on the new instant system, executives from certified service providers Visa and Jack Henry said they're seeing an increase
Now that the Payment Card Industry Data Security Standard 4.0 has gone into effect, merchants have a year to conform to the 63 new or updated requirements
“The value proposition of pay-by-bank is clear: merchants win from drastically lower payment costs and consumers win from lower prices,” writes one fintech executive
The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can't scale