payments network

PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers

PayPal is expanding further into the charitable donations business with this morning’s launch of support for Grant Payments, the company has announced. The new product has been created in partne

Blockchain’s youngest billionaire roasts world’s biggest cryptocurrency

Thirty-year-old crypto billionaire Sam Bankman-Fried took aim at Bitcoin, the world’s largest cryptocurrency, saying it has no future as a payments network in an interview with Financial Times t

Bitcoin’s bid to become the ‘one chain to rule them all’

The Bitcoin 2022 conference brought over 25,000 attendees to Miami last month to discuss the future of the world’s largest cryptocurrency. The event, which attendees have described as “extravagant

TrueLayer nabs $130M at a $1B+ valuation as open banking rises as a viable option to card networks

Open banking — a disruptive technology that seeks to bypass the dominance of card networks and other traditional financial rails by letting banks open their systems directly to developers (and n

How Western Union is fighting back against fintech startups

The saying goes that, “You can’t teach an old dog new tricks.” That may or may not be true, but at least one “old dog” is working hard to disprove that saying. Western Union has been operati

Payments Network Dwolla Raises $16.5 Million Series C From Andreessen Horowitz & Others, Expands To San Francisco

Building new infrastructure for digital payments may not sound sexy, but it’s an area that’s ripe for innovation. The legacy payments networks in existence today are bogged down with outda

PayNearMe Partners With AppFolio: Now Tenants Can Pay Their Rent In Cash At Local 7-Elevens & ACE Cash Express Stores

<a target="_blank" href="http://www.paynearme.com/">PayNearMe</a> (formerly Kwedit), a cash-based payments network, is today announcing a partnership with property management software maker <a target

Dwolla Raises $5 Million Series B From Union Square Ventures & Others

Disruptive payments network <a target="_blank" href="https://www.dwolla.com/">Dwolla</a> confirmed today it has raised $5 million in Series B financing in a round led by <a target="_blank" href="http:

Disruptive Payments Network Dwolla Now Provides Users With Instant Access To Cash

Today, online and mobile payments platform <a href="http://www.dwolla.com/">Dwolla</a> is launching what may be one of its biggest features yet: instant access to cash. Via the new opt-in setting ca