January 23, 2025
Open Banking Ltd. to Support UK’s Launch of Variable Recurring...

Two U.K. regulators said Thursday (Jan. 23) that an independent company, Open Banking Limited, will play a key role in advancing the effort to launch open banking-powered variable recurring payments....

January 23, 2025
Amazon and Walmart Support LA Wildfire Relief Efforts

While Amazon and Walmart may be fierce competitors in the retail world, their commitment to helping those in need during times of crisis proves even corporate rivals can unite in the...

January 23, 2025
Method Raises $41.5 Million to Build Consumer-Permissioned Financial Connectivity

Method Financial has raised $41.5 million in a Series B funding round to continue building its solution for consumer-permissioned financial connectivity and expanding it to new use cases. The company...

January 23, 2025
Discover’s Card Charge-Offs Improve and Delinquencies Show Stability

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as an outlook that includes loan...

January 23, 2025
Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential

Visa is betting that Nigerian FinTech Moniepoint will accelerate growth for small- to medium-sized businesses (SMBs) in Africa. The global payments giant invested in the company to advance financial inclusion,...

January 23, 2025
Meta Wins Temporary Relief in WhatsApp Data Sharing Dispute in...

In a temporary reprieve for Meta Platforms, India’s National Company Law Appellate Tribunal (NCLAT) has suspended a five-year ban on data sharing between WhatsApp and its parent company. The suspension, according...

January 23, 2025
Fiserv Appoints PNC Veteran Michael Lyons as President and CEO-Elect

Fiserv has appointed Michael P. Lyons, former president of PNC Financial Services Group, as its president and CEO-elect, effective Monday (Jan. 27). Lyons will become CEO and a member of its board of...

January 23, 2025
AI Models and Tools: OpenAI Launches AI Agent, Microsoft Loses...

OpenAI unveiled Operator on Thursday (Jan. 23), an artificial intelligence (AI) agent that can use a computer like a human, even using a cursor and keyboard. It is able to...

January 23, 2025
PayPal to Settle New York’s Allegations of Cybersecurity Failures

PayPal will pay a $2 million penalty to New York state to settle the state’s allegations that the company had cybersecurity failures that led to a data breach. New York...