March 12, 2024
The Clearing House Reports 8% Growth in Real-Time Payments in...
Transaction volume on the Electronic Payments Network (EPN), The Clearing House’s private sector ACH network, increased 8% in 2023. The EPN processed more than 19 billion transactions worth $52.4 trillion during...
March 12, 2024
Mastercard Introduces White-Label Subscription Management Solution for Financial Institutions
Mastercard is piloting a subscription management solution that financial institutions can add to their consumer banking offerings. The new Smart Subscriptions solution enables consumers to cancel, pause and resume their...
March 12, 2024
Visa, Taulia Team on Embedded Finance as Credit Grows Scarce
Visa has launched a collaboration with SAP-owned working capital management solutions provider Taulia. The partnership, announced Tuesday (March 12), brings together Visa’s digital payments technology and Taulia Virtual Cards, a solution that integrates with...
March 11, 2024
Mastercard Taps Ex-Ambassador Jon Huntsman to Lead Strategic Growth
Mastercard has named former ambassador Jon Huntsman, Jr. as its strategic growth president. “Jon’s unique experience spanning four decades in public and private sectors will be extremely valuable as we build the future...
March 11, 2024
Tokenized Credentials Accelerate Fraud Reduction and Get Higher Approval Rates
The holy grail of payments — for merchants, for consumers and financial institutions — has two essentials: Reduced friction, and reduced fraud. Individuals want to be “known” to the entities...
March 11, 2024
Nexi Picks Mastercard for European Open Banking Partnership
Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across Europe,” the companies said in...
March 11, 2024
Why the Credit Card Competition Act Won’t Lower Merchant Interchange...
In 1955, the island nation of Borneo was in the throes of a serious malaria virus outbreak. It turned to The World Health Organization for help. WHO recommended spraying massive...
March 07, 2024
FLEETCOR Rebrands to Corpay, Highlights Range of B2B Payments Solutions
FLEETCOR Technologies is rebranding to Corpay, saying the new name better reflects the range of corporate payment solutions the company offers. The name change will take effect March 25, when the company’s...
March 07, 2024
Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring a deal to gain control...