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British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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Melio Adds Real-Time Payments to B2B Platform
Melio Adds Real-Time Payments to B2B Platform
December 13, 2023  |  Real-Time Payments

B2B payments platform Melio added real-time payments to its suite of offerings. The new service lets payors deliver funds instantly to vendors, according to a...

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Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
Trustly Says Merchants’ Desire for Instant Payouts Drives RTP Demand
December 13, 2023  |  Real-Time Payments

Trustly has found that merchants’ desire to provide instant payouts to their customers is driving demand for its Real-Time Payments (RTP) service. Due in part to...

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Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
Big Tech Campaigns for ‘Open Digital Ecosystems’ in Europe
December 13, 2023  |  Big Tech

Google, Meta and other tech firms are lobbying for open digital ecosystems in Europe. The two companies are part of the seven-member Coalition for Open...

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Upgrade Offers Secured Card With Rewards and Fraud Protection
Upgrade Offers Secured Card With Rewards and Fraud Protection
December 13, 2023  |  Payment Methods

FinTech company Upgrade has launched a secured version of its Upgrade OneCard. The new Secured OneCard is designed for consumers who have little or no...

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EBay Rolls Out Branded Buses to Promote Consignment Service
EBay Rolls Out Branded Buses to Promote Consignment Service
December 12, 2023  |  eCommerce

Online marketplace eBay is rolling out a limited-time mobile consignment concierge that will promote the selling experience offered by the recently launched eBay consignment service. A...

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X Sees Quarterly Ad Revenue Drop Amid Content Moderation Concerns
X Sees Quarterly Ad Revenue Drop Amid Content Moderation Concerns
December 12, 2023  |  Social Commerce

X, the social media platform formerly known as Twitter, is reportedly facing a slump in advertising revenue this year. The social media platform has been...

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Snapchat+ Surpasses 7 Million Subscribers, Adds New Generative AI Tools
Snapchat+ Surpasses 7 Million Subscribers, Adds New Generative AI Tools
December 12, 2023  |  Artificial Intelligence

Snap said Snapchat+ now has more than 7 million subscribers. The company made the announcement while unveiling the latest generative artificial intelligence features it has...

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Intellicheck to Provide ID Verification Services for Versatile Credit
Intellicheck to Provide ID Verification Services for Versatile Credit
December 12, 2023  |  Authentication

Intellicheck will provide identity verification services for financing platform Versatile Credit. “Intellicheck’s identity validation solution gives Versatile Credit merchants the ability to extend credit with...

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