Personalized Gift Cards Are the Cornerstone of Employee Engagement Programs
Across industries and companies—from small businesses to large enterprises—organizations are constantly searching for ways to improve corporate culture and boost employee engagement. However, in large, dispersed companies, providing employees with the personal touch needed to maintain motivation can be particularly challenging. In a PaymentsJournal podcast, Julie Gu, Vice President of Sales and Marketing, North America, […]
Mexican Peso Stablecoin Launches to Streamline Cross-Border Payments in Latin America
The stablecoin market is more competitive than ever, yet it remains dominated by USD-backed assets like Tether’s USDT and Circle’s USDC. In this dynamic environment, Latin American crypto exchange Bitso is launching a Mexican peso-backed stablecoin, which could serve as a cross-border payments solution in the region. The exchange has established a subsidiary, Juno, to […]
An End to Government Checks? Not So Fast
The White House has issued an executive order eliminating paper checks for government disbursements, effective September 30. While this initiative seems ambitious, the Trump administration has left itself some flexibility. The directive aims to significantly reduce the number of paper checks issued by the federal government, but it won’t eliminate them entirely anytime soon. According […]
Payments as a Growth Strategy: How ISVs Can Optimize Revenue Potential with Embedded Finance
As the worlds of technology and financial services converge, the pace of innovation is increasing exponentially. The advent of AI, cloud-based, headless architecture, and ‘everything-as-a-service’ presents a challenge to ISVs looking to adapt to a rapidly changing ecosystem and remain competitive in a crowded marketplace. So, how can you future-proof your business for scalable growth […]
Digital Gift Cards Surge in China as Payment Apps Thrive
Gift cards have become the preferred gifting choice worldwide, as reflected in China’s gift card market, which has seen a 9.4% compound annual growth rate (CAGR) since the beginning of the decade. According to a report from ResearchAndMarkets.com, this rapid growth is expected to continue, with China’s gift card market projected to expand at a […]
Affirm Partners with JPMorgan Chase, as BNPL Arms Race Heats Up
Affirm has joined JPMorgan Chase’s payments network, expanding the reach of its buy now, pay later services to millions of additional U.S. retailers. Just last month, Klarna, a key rival in the burgeoning BNPL market, secured a similar deal with JPMorgan. The competition between the two providers is intensifying as more consumers turn to BNPL […]
Inside Outsourced Item Processing: A Client Case Study
When Academy Bank first considered outsourcing its item processing, it anticipated a challenging and uncertain journey. However, partnering with Fiserv transformed the experience, delivering both anticipated and unexpected benefits—ranging from a streamlined training process to a significant reduction in client impact errors. In a PaymentsJournal podcast, several members of the Academy team—including CIO Shannon Gilley, […]
United’s Higher Card Fees and New Perks Signal a Focus on Business Travel
United Airlines and Chase Bank have made several changes to their credit cards, aiming to attract frequent business travelers. United is increasing fees on several of its cards while adding new perks, such as seat upgrades, higher spending limits that contribute to elite status, and award discounts. This strategy appears to target deep-pocketed business travelers, […]
Stripe to Handle Payments for Biometrics Verification Company CLEAR
Amid constant speculation about the use cases for biometric authentication, Stripe has agreed to handle payments operations for CLEAR. CLEAR is best known for its membership program, CLEAR Plus, which leverages biometrics to expediate identity verification queues at airports. However, the company has since expanded its platform to offer biometric authentication solutions across industries such […]
Beyond Checks: Why Prepaid Cards and Digital Payments Are the Smarter Choice
Many organizations still rely on paper checks, with no immediate plans to phase them out. However, one of the key issues with checks is that criminals favor them as well. Last year’s AFP Payments Fraud and Control report found that checks are the most frequently targeted payment method for attempted payments fraud—nearly twice as much […]