The ongoing debate on Capitol Hill over peer-to-peer (P2P) payments regulation came into focus Monday (Oct. 3) after U.S. Sen. Elizabeth Warren, an outspoken critic of the banking industry, singled out Zelle in a report to other lawmakers that described the bank-operated network as a...
Blockchain payments and digital commerce company Roxe has partnered with global remittance company Motoverse to ease cross-border remittance payments for clients in Mexico, Brazil, Vietnam and the Single Euro Payments Area (SEPA). With this partnership, Roxe’s global customers can send money to Motoverse’s users, with...
As restaurants seek to drive loyalty beyond what is capable with just points-per-dollar rewards, many are launching subscription programs to incentivize more frequent purchasing. For instance, Chinese-inspired casual dining chain P.F. Chang’s, which has more than 300 restaurants across 22 countries, announced Wednesday (Sept. 28)...
A perfect storm of bloated inventories, economic conditions and scary stories is brewing up holiday shopping deals from major retailers that are weeks ahead of Black Friday and even before Halloween candy and costumes are purchased. Kicking off and perhaps replacing sales traditionally associated with...
International express shipping service DHL and eCommerce platform BigCommerce have partnered to help owners of online businesses in the United States sell their products worldwide. With the new partnership, BigCommerce merchants can receive discounted rates from DHL as well as special access to shipping and...
Argentine FinTech Uala plans to invest $150 million in the next year and a half to expand its Latin American digital banking operations as the region becomes more digitized. The expansion will focus mainly on Mexico and Colombia, with Uala — valued at around $2.5...
The Consumer Financial Protection Bureau (CFPB) is taking action against Choice Money Transfer, accusing it of multiple violations of money transfer laws. The bureau announced a $950,000 penalty against the New Jersey company Tuesday (Oct. 4), saying Choice Money had failed to accurately disclose crucial...
Today in B2B payments, Mastercard announces new and expanded benefits available to its small- to medium-sized business (SMB) cardholders, while U.S. Bank adds a cash flow projection tool to the online dashboard for its SMB clients. Plus, Société Générale is set to acquire a majority...
Today in Europe, the Middle East and Africa (EMEA) news, Moneygram announces a new partnership with Jingle Pay, while the European Council officially approves the Digital Services Act. MoneyGram Powers Remittances for UAE’s Jingle Pay App Money transfer service businesses MoneyGram and Jingle Pay have...
