Mobile payments company Boku has sold its Mobile Identity unit to cloud communications firm Twilio. Twilio will leverage the technology to create new packages in its Lookup API and Verify API offerings. Terms of the deal were not disclosed. Mobile payments company Boku announced it has sold its Mobile Identity unit to cloud communication company Read more...
Ferris named new FIS president Core provider FIS promoted Stephanie Ferris as its new president earlier this month. Ferris previously served as chief operations officer and chief accounting officer at FIS, where she was responsible for leading global strategy and technology transformation, as well as the global integration of Worldpay, an e-commerce and payment solution. […]
Radha Suvarna, head of enterprise payments strategy and innovation at Citizens, will join the panel “Strategies for Automating Payment Processes” on Wednesday, March 2, at 11:15 a.m. ET at Bank Automation Summit 2022. The Summit will be held March 1-2 at JW Marriott in Charlotte, N.C. The panel will discuss real-time transaction processing, embedded payments […]
Employers who pay wages via U.S. Bank Focus Card can provide employees access to a portion of their earned income instantly MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank today announced a new solution with Payactiv to bring Earned Wage Access (EWA) to U.S. Bank clients. Employees at organizations that use the prepaid U.S. Bank Focus Card for payroll disbursements […]
Payments sent using Zelle surpassed checks written by Bank of America customers in 2021. The real-time payments platform’s usage was also up 20% in January 2022 over the previous year. The $3.1 trillion bank saw a 17% increase at $335 million in total payments during January, its second-highest month of spending on record. Bank of […]
The banking sector in Asia Pacific is filled with opportunity in 2022, whilst also facing intensified competition. Rapid infrastructure developments and emerging technologies coupled with the pandemic have accelerated digital
