Payments Canada Selects Interac For Real-Time Rail Exchange Services
Payments Canada Selects Interac For Real-Time Rail Exchange Services
March 02, 2021  |  Faster Payments

Following a selection process that included the Bank of Canada, Payments Canada will partner with Interac Corp. to serve as the exchange solution provider for...

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Greensill: One-Off Unraveling Or Hint Of Supply Chain Financing Issues? 
Greensill: One-Off Unraveling Or Hint Of Supply Chain Financing Issues? 
March 02, 2021  |  B2B Payments

Amid Greensill Capital’s apparent unraveling, the question must be asked whether something specific to the business has caused the pressures and troubles, or whether it’s...

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Instacart Notches $265 Million On $39 Billion Valuation
Instacart Notches $265 Million On $39 Billion Valuation
March 02, 2021  |  Investments

Delivery startup Instacart is now valued at $39 billion — double its previous valuation — after its latest fundraise of $265 million, according to a...

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PNC Joins The Clearing House’s Network For Large-Scale Payments Processing
PNC Joins The Clearing House’s Network For Large-Scale Payments Processing
March 02, 2021  |  Digital Payments

PNC Bank has joined The Clearing House’s CHIPS network to enable it to “clear and settle high-value and cross-border payments,” per a press release. Get...

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In Europe, Funding Pours In For Online Grocery Platforms
In Europe, Funding Pours In For Online Grocery Platforms
March 02, 2021  |  Investments

As the COVID-19 pandemic continues to put lives at risk around the world, consumers are becoming increasingly accustomed to technologies that offer COVID-safe alternatives for...

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Lemonade Praises Product Diversity In Producing Earnings Beat
Lemonade Praises Product Diversity In Producing Earnings Beat
March 02, 2021  |  Earnings

Digital insurance player Lemonade reported better-than-expected results on Tuesday (Mar. 2), but failed to impress the market with its outlook on the coming year. The...

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MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
MercadoLibre’s Net Revenues Rise To $1.3 Billion As Open Banking Picks Up
March 02, 2021  |  eCommerce

MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the...

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Taxpayers Can Now Pay In Cash Online With New ACI Worldwide, IRS Offer
Taxpayers Can Now Pay In Cash Online With New ACI Worldwide, IRS Offer
March 02, 2021  |  Taxes

ACI Worldwide and the Internal Revenue Service (IRS) have expanded their partnership to offer consumers a new payment option that allows them to pay their...

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China’s FinTechs Will Be Subject To New Capital Requirements
China’s FinTechs Will Be Subject To New Capital Requirements
March 02, 2021  |  Bank Regulation

Chinese regulators continue to tighten rules for financial technology companies. On Tuesday (March 3), a top official said that FinTechs will be required to meet...

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