Effective immediately, Canadian Spend users will begin receiving their Spend Visa® Cards to facilitate transactions at over 40 million merchants worldwide.
Financial technology company Plaid Inc said on Monday that Visa Inc and Mastercard Inc were strategic investors in a $250 million round of Series C financing raised in December.
As global non-cash transactions boom and competition flourishes, many banks remain reluctant to embrace Open Banking via data sharing, ecosystem partnerships and open platforms, with multiple incumbents still being cautious of change.
Mastercard has joined forces with R3 to develop a blockchain-powered cross-border payments system connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by the card giant.
The no-fee banking platform Novo has been selected as the overall winner of the 2019 U.S. edition of the Visa Everywhere Initiative (VEI).
TSYS announced the new Authentication PlatformSM that will rely on customer experience data collected from direct cardholder touchpoints and integrates into TSYS clients’ existing authentication systems.
In 2019, MobileOne (formerly known as AppDays) will bring together more than 2,000 mobile professionals at Les Docks de Paris on November 13th and 14th for 2 days of conferences, workshops and talks about mobile marketing and software.
The benefits of virtual cards are numerous and varied, yet their adoption into the corporate world has been slow. Pat Bermingham, CEO of Adflex, asks whether fear of the unknown is holding firms back.
Samsung, Visa and Fiserv unit First Data have teamed up to to introduce a software-based system that lets merchants accept contactless payments of any amount on their handsets.
Wirecard has signed a memorandum of understanding with SoftBank’s Brightstar and anticipates “significant transaction volume” out of the deal.
Exiger, the global leader in technology-enabled financial crime, risk and compliance solutions was acknowledged for its market-leading AI-based technology DDIQ and proven track record of driving the global central banking mission to reduce financial crime.
N26 app is now available to all US customers nationwide after successfully completing its two-month beta program
The Financial Data Exchange welcomed eight new members between May 1 and July 31, 2019, bringing the total membership to 55 organisations spanning the full breadth of financial services ecosystem
Zenus - a new challenger bank based in Puerto Rico was awarded a license by US regulatory authorities to begin operations.
The People’s Bank of China (PBOC) on Thursday released (in Chinese) a three-year plan with the aim to strengthen support for the fintech sector and curb its risks.
Facebook's proposed Libra currency could undermine the European Central Bank's ability to set monetary policy and Europe should ignore its siren call of "treacherous promises"
Digital money transfer provider InstaReM now enables the UK and European businesses to make payments into China.
The Telos blockchain has partnered with Carbon, a fintech company that provides blockchains with stable coins and increased liquidity. The partnership has resulted in the network's new stable coin, TLOSD.
Nethone has joined the fintech accelerator at Plug and Play, a startup ecosystem and venture fund, connecting industry-leading corporations with relevant startups.
China’s Xiaomi is poised to launch a consumer lending business in India in the coming weeks.