10/20/2023
Fed expected to lower debit card fee cap
Shares in Visa and Mastercard dipped on the news.
Retail Banking
10/20/2023
Airwallex enters Latin America with acquisition of payments company MexPago
The payments platform has seen more than 460 per cent YoY revenue growth in the Americas
10/20/2023
JP Morgan’s Pay-by-Bank product goes live
Billers whose customers already pay with ACH can enable the Pay-by-bank solution on their existing payments page.
10/20/2023
UAE central bank launches instant payments platform Aani
What’s more, Aani will enable businesses to accept payments made using QR codes.
10/19/2023
Stripe chooses TrueLayer for first European open banking payment option
“This lights a beacon for open banking payments in the world of e-commerce, a signal that change is not just coming to the checkout, it’s here”
10/19/2023
Mastercard inks open banking deals with Worldpay and Zip
Meanwhile, Mastercard's open banking arm Finicity is being enlisted by Zip to boost the real-time underwriting process of Zip’s lending programme.
10/18/2023
UAE to launch national domestic card scheme
The new card scheme is scheduled for introduction in early 2024.
10/17/2023
Online banking for all: ensuring accessibility in the digital age
How do we make sure an online private banking world remains accessible and inclusive. Avaloq has some thoughts.
10/17/2023
Star launches CardPro Accelerator to speed up and simplify digital banking and card products roll-out
Empowering rapid fintech innovation, Star's CardPro Accelerator offers a seamless, partner-agnostic platform for bespoke card-based solutions
10/17/2023
Marqeta and Scalapay partner to expand BNPL across Europe
Marqeta will issue virtual cards for Scalapay’s five million users to get loan approval and instantly make purchases
10/16/2023
76% of payments providers are frustrated with the lack of VRP progress
Nuapay research suggests that more work is needed for variable recurring payments to live up to their potential
10/13/2023
Axis Bank and Fibe team on Inda's first numberless credit card
The contactless card - which has no joining or annual fee - can be linked to India's UPI and is accepted at offline stores and digital platforms.
10/13/2023
77 Bank digitises branch customer service with Fujitsu tech
Moving forward, the 77 Bank plans to apply the new system to further processes and to promote the digitization
10/13/2023
Accelerated Payments hits €1.5bn business financing milestone
Companies decide which invoices to fund by using a simple, streamlined client portal that allows businesses to upload and select invoices for advanced funding.
10/12/2023
Japan's interbank payments network goes down, hitting 1.4 million money transfers
The Zengin platform at its peak processes 6.5 million transactions worth $81 billion every day.
10/12/2023
Instant payment fintech Lopay secures £6m to rival SumUp
Boasting instant payments and lower processing fees, the startup says it expects to process £500m in card payments in the next 12 months
10/12/2023
Fibe and Axis Bank partner to launch India’s first numberless credit card
This pioneering collaboration aims to cater to the tech-savvy Gen Z population and enhance the security and convenience of digital payments.
10/12/2023
NatWest enrolls debit cards in Mastercard's Click to Pay
NatWest has worked with Mastercard to register customer profiles and debit cards for Click to Pay, with the service coming to credit cards in the coming months.
10/11/2023
Pleo launches overdrafts to help business spend management
The fintech is also launching ‘Vendor’ cards to simplify digital payments as it moves towards becoming a holistic business finance platform
10/11/2023
Digiseq and Unlimit bring wearable payments to Rugby World Cup
Digiseq's innovative use of wearable tech is opening the gateway to countless exciting and immersive experiences for millions of sports fans