BayPay Members Blogs

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Millennials think cash will go away, but lack credit savvy

March 14, 2019 Most (82 percent) millennials believe society will eventually become cashless, even though they're the generation most likely to favor cash when traveling, according to a TD Bank Consumer...
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PayPal expands Instant Transfer program to include bank accounts

March 14, 2019 PayPal is rolling out a service initiative, called Instant Transfer, to banks.  The capability is available to U.S. consumers and will be deployed to U.S. businesses in the...
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Nets, Vipps partner on payments in Norway

March 14, 2019 Vipps, Norway's most popular payment app, and the Nets payment network, provider of the eFaktura invoicing solution, have entered an agreement that will increase the number of payment...
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FSS solution powers India's One Nation, One Card transit initiative

March 13, 2019 State Bank of India is partnering with Financial Software and Systems , a payment and fintech company, to implement a "One Nation, One Card" program meant to enable...
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What in the world is blockchain?

Blockchain, cryptocurrency, bitcoin: These terms can often be highly confusing to those not in some area of the IT industry. Ray Wiley, CEO and co-founder of Hot Head Burritos and Rapid Fired Pizza...
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Visa Europe to retain PWC, implement changes after 2018 UK disruption

March 11, 2019 Bank of England, the central bank of the U.K., has exercised its statutory authority to direct Visa Europe to fully implement changes recommended in an independent review that...
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India's FSS buys 46 percent stake in South Africa's Ecentric Payment Systems

March 11, 2019 Financial Software & Systems Ltd. , a Chennai, India-based payment technology provider, has announced an agreement to acquire a 46-percent stake in South Africa-based Ecentric Payment Systems, according to...
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Mastercard drops Earthport bid, agrees to buy Transfast

March 8, 2019 Mastercard has announced an agreement to buy Transfast, a cross-border money transfer network that moves funds between accounts. The agreement comes soon after Mastercard dropped an effort to...
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Paytronix integration with Zenreach helps restaurant manage loyalty, guest data

For the average restaurant chain, gaining insights into customer behavior can be a daunting task, as customers often decide on impulse where to grab a meal, what form of payment to use...
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Nationwide to offer BlueVine small business financing to customers


March 8, 2019 Following its July 2018 investment in business lending company BlueVine Capital Inc., Nationwide has announced an expanded agreement to extend BlueVine financing to small businesses. Nationwide will implement BlueVine's online...
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DropCar to consider sale, launch reverse stock-split


March 8, 2019 DropCar Inc., a last-mile logistics platform, has announced plans to consider strategic alternatives, including a potential sale. The New York-based firm provides a series of app-based subscription services, including garage...
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Numerated says former SBA administrator Karen Mills is investor


March 8, 2019 Numerated, a real-time business lending platform for banks and credit unions, has said that Karen Mills, the former administrator of the Small Business Administration, has joined company as...
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The Future of Fintech Video Series: Cash Flow Solutions

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Cashless trend becoming a crisis debate in UK, US

The rise in mobile payments technology and the related pressure being placed on legacy banking systems is threatening the financial stability of millions of people in the U.K. and the U.S.,...
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Visa, PayActiv partner on mobile access to pre-payday wages

March 7, 2019 Visa has launched a program with PayActiv to provide early access to earned wages through the Visa Direct push payments platform, according to a company press release. The program...
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Funding Circle to expand small business lending platform into Canada


March 7, 2019 Funding Circle, the small business lending platform, will enter the Canadian market during the second half of 2019, opening new offices there, according to a company release. The U.K.-based...
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MoviePass to reposition revenue model away from studios

March 6, 2019 MoviePass and MoviePass Films have announced plans to reposition their subscription-based movie ticket platform to shift their business model away from film studios and toward more self-generated revenue, according...
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Credit card debt reached record $870B by end of 2018

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  Copyright © 2019 Networld Media Group, LLC. All rights reserved.Visit Other Networld Media Group Sites:Select a siteATM MarketplaceBlockchain Tech NewsDigital Signage TodayFastCasualFood Truck OperatorKiosk MarketplaceMobile Payments TodayPizza MarketplaceQSRwebRetail Customer ExperienceWorld...
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Credit card debt reached record $870B by end of 2018

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  Copyright © 2019 Networld Media Group, LLC. All rights reserved.Visit Other Networld Media Group Sites:Select a siteATM MarketplaceBlockchain Tech NewsDigital Signage TodayFastCasualFood Truck OperatorKiosk MarketplaceMobile Payments TodayPizza MarketplaceQSRwebRetail Customer ExperienceWorld...
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Fleetcor Technologies to buy Nvoicepay

March 6, 2019 Fleetcor Technologies Inc., a provider of corporate payment and fuel purchasing solutions, has agreed to buy Nvoicepay Inc., a provider of accounts payable automation technology, according to a...
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