“The check is in the mail.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...
Citizens of Shanghai and Beijing can now apply to one of a collection of Chinese banks for a digital yuan wallet, Decrypt reported Friday (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China’s central bank said that its planned digital yuan will not displace the payment services of the country’s big FinTech companies, including Ant Group’s Alipay and Tencent Holdings’ WeChat Pay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Cross-border payments firm MoneyGram is launching a new solution that will make its API-powered platform available to third-party vendors and new businesses while also opening it up to G-Coin, MoneyGram said in a press release on Wednesday (March 24). Get the Full Story Complete the form...
The U.S. has mobilized the largest COVID-19 vaccination rollout of any country in the world. The Biden administration has set May 1 as the date that all states will be required to lift vaccine requirements to include any adult who wants to get the jab....
The White Label Alliance said it has inked a license agreement with JCB. Under the deal, alliance members will “benefit from the use of the JCB Contactless” standard, which it said works with most acceptance terminals. As a result, members have the ability to “draw...
Nigeria wants its citizens to get in on the digital shift. Specifically, the digital remittance shift. Digital payments have seen an uptick in the country amid the global pandemic this past year, and the central bank hopes to encourage its continued use with the “CBN...
Approximately one year after ending the freestanding app, J.P. Morgan Chase is closing down its Chase Pay digital wallet, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Nothing in life is all positive. Chocolate? Comes with calories. Love? It’s fickle. Even newborn babies will fill you with gratitude, but will drain you of sleep. So it is with central bank digital currencies (CBDCs), which, depending on how you look at them, have outsized rewards,...
