| Visa, Postmates team on instant pay, Fed seeks bigger role in real-time payments, Google helps developers monetize assistant | | | In Digital Transactions Consumers (Must) Trust Like the jump from black-and-white to Technicolor, FIs are making the leap to consumer experiences over mere transactions. In a new PYMNTS interview, Entersektâs Sherif Samy discusses how to build customer trust and craft stronger digital IDs â and why that matters for any participant in the expanding digital economy. |
| The Fed Wants To Know How It Can Make Payments Move Faster Itâs been five years since the Fed convened the Faster Payments Taskforce, and itâs now seeking public comment on what it can do, directly, to accelerate the path to faster in the U.S. Sounds like another task force could be on the drawing boards. We have the details. |
| Visa, Postmates Give Gig Workers Instant Pay Itâs payday. As the gig economy grows, the quicker companies pay their freelancers, the more appealing that employer or digital platform becomes. Thatâs the basic idea behind a new offering from Postmates â one that involves a partnership between Visa and Stripe â to enable instant access to wages earned by their postmates. Visaâs Cecilia Frew tells Karen Webster why choice and optionality are the reasons instant pay is such a powerful payments tool. |
| | mPOS Tracker™ | | TRENDING: Inside PCIâs Software-Based PIN Entry Standard Smartphones make it easy for small merchants to accept card payments, but safety can be an issue. If merchants could securely accept PINs via mobile apps, they could replace weak, signature-based verification with more robust PIN-based verification. According to Payment Card Industry Data Security Standardâs CTO Troy Leach, secure PIN on Glass for merchant smartphones is possible â so long as merchants and solution providers follow key principles. In the October mPOS Tracker, Leach explains PCIâs new standard. |
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