Consumer payments platform Zilch has secured a payment services license in the U.K. The license, handed down by the Financial Conduct Authority (FCA), means that Zilch will no longer need to rely on third parties and can now begin to build more payment methods in-house, the company said in...
Check usage continues to decline each year as consumers and businesses shift toward digital tools. At the same time, significant numbers of users still depend on checks for convenience, record keeping or lack of better alternatives. This uneven reliance has led the Federal Reserve to...
Watch more: Need to Know: Mastercard’s Marc Pettican Commercial card acceptance has been limited for years by myths and outdated assumptions. Acquirers have believed that commercial cards are too complex, too expensive and not margin rich enough to justify resources. Marc Pettican, global head of...
Visa says it is helping launch Vietnam’s first artificial intelligence (AI)-powered pay-later card. The card is being rolled out in collaboration with Visa-owned financial transaction processing platform Pismo and neobank Circle Asia Technologies, the payments giant said in a Thursday (Dec. 4) news release. Visa added that the card,...
Mastercard unveiled Mastercard Credit Intelligence, a new suite of solutions that uses network signals and permissioned data to help lenders make faster credit decisions, according to a Wednesday (Dec. 3) press release. The launch reflects a broader push in payments to package transaction-level insights into...
WorldRemit and Sendwave owner Zepz is rolling out a stablecoin-linked Visa card. The cards are powered by Bridge, the Stripe-owned stablecoin infrastructure platform, and will let Sendwave Wallet customers spend their digital-dollar balances at millions of merchants worldwide, according to a Tuesday (Dec. 2) news release. Zepz has also signed an...
Digital bank/pay-later provider Klarna is launching a new tap-to-pay feature. The new contactless payment offering is rolling out in 14 European markets, the Swedish FinTech announced in a Tuesday (Dec. 2) news release. “With more than 80% of European shopping still happening in physical stores, Tap to Pay brings...
Mastercard has launched a coalition that aims to help consumers and small businesses around the world use digital tools to enhance their financial health and resilience. The new Global Financial Health Coalition includes financial institutions, nongovernmental organizations, telcos, wallet providers and others, Mastercard said in...
Mastercard and L’Oréal have partnered to offer a credit card designed specifically for the beauty industry in Latin America and the Caribbean. The L’Oréal Mastercard BusinessCard was issued first in Mexico by Clara, which is a Latin American spend management solution, and is set to...