Increase your payments knowledge today with our On-Demand Learning options. Learn on your schedule with a self-paced format and up to 1 year of access.
A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
Search Payments News
March 30, 2021
On the wires
Visa Expands Global Money Movement Capabilities Beyond the Card With Visa Direct Payouts
“Visa (NYSE:V) today announced the expansion of Visa Direct, a real-time1 push payments platform, with the introduction of Visa Direct Payouts . The new solution allows Visa’s clients and partners around the world to use a single point of connection to push payments to eligible cards for domestic payouts, and eligible cards and/or accounts for cross-border payments.”
March 26, 2021
On the wires
Mastercard Expands Partnership With Nuvei, Facilitating Accelerated Payouts With Mastercard Send
“Mastercard and Nuvei Corporation (TSX: NVEI and NVEI.U) announced today that Mastercard Send will be integrated into Nuvei’s payment technology platform through its wholly owned subsidiary. The move strengthens the relationship between the two parties and provides a powerful new tool to Nuvei clients. Mastercard Send is a global push payments platform that enhances worldwide payout capabilities for businesses by speeding up the process considerably with no sacrifice to security. Available to Nuvei clients via their existing payment integration, this service is expected to benefit businesses in industries ranging from insurance to ride-sharing.”
January 21, 2020
On the wires
ACI Worldwide Chooses The Bancorp and Visa As Real-time Payment Providers for Corporate Disbursements
“The Bancorp, Inc. (NASDAQ: TBBK) announces its latest client to enable real-time payments delivery for corporate disbursements. ACI Worldwide will utilize push-to-card payments technology— Direct Rapid Funds platform—developed by The Bancorp and, enabled by Visa Direct, Visa’s real-time payments solution, to offer faster payment experiences to its corporate customers. Real-time payments delivery is an exciting innovation that fundamentally changes the way businesses meet the needs of their customers and employees by offering faster funds disbursements.”
September 13, 2019
On the wires
Insurance Leaders and Visa Digitize Claims Payouts for Individuals and Businesses When They Need It Most
“Visa is working to help enable real-time funds disbursements for insurance companies in partnership with their financial institutions, and their customers. By deploying insurance payouts powered by Visa Direct, Visa’s real-time push payments platform, PNC Bank and Erie Insurance customers can now choose to have an electronic claims payment delivered to their bank account in real-time. Visa is also working with InsurPAY by Invenger Technologies to help enable real-time funds disbursements for American Family .”
July 10, 2019
On the wires
Lime Looks to Hyperwallet to Facilitate Payments to Growing Scooter “Juicer” Force
“Hyperwallet , a PayPal service, announced today that it is handling outbound payments on behalf of Lime , a global scooter rental platform that brings easy and affordable urban mobility to people in over 100 cities around the world. Through a partnership with Hyperwallet, a leading global payouts provider to millions of independent workers, Lime will now be able to quickly and easily send payments to its growing global community of “Juicers,” a network of freelancers who charge the company’s fleet of scooters.”
April 2, 2019
On the wires
Bill.com Announces Partnership With Mastercard to Offer Faster, Automated Payments for Small and Midsize Business Customers
“Bill.com, a business payments and software platform leader, today announced plans to offer Mastercard virtual cards as part of the Bill.com automated accounts payable solution for small and midsize businesses.The addition of Mastercard virtual cards adds a new electronic alternative to checks as Bill.com continues to digitize payments. Payment via virtual card provides faster funds availability to suppliers along with the data needed to easily match payments with receivables.”
February 12, 2019
On the wires
MetaBank® Launches Faster Payments Platform, Enabling Partners to Move Funds in Near Real-Time
“MetaBank® today announced the launch of its faster payments platform, which will enable its partners to disburse funds in near real-time. One of the first new offerings on this platform is Mastercard Send™, an industry-leading push payments service that powers a faster, better, smarter way to send money domestically and cross border. As a leading issuer of payments services, this rounds out MetaBank’s suite of solutions that also includes ACH origination, wire transfers and more.”

