March 26, 2024
Visa: Tokens Bring $2 Billion ‘Uplift’ to Asia-Pacific Economy
Visa said its token service has been a boon for the Asia-Pacific region’s digital economy. The region saw an “uplift” of more than $2 billion last year due to Visa token service (VTS)...
March 26, 2024
Mastercard, Visa Reach Settlement With Merchants in Swipe Fee Lawsuit
Mastercard and Visa have reached a class action settlement with U.S. merchants, in a deal that aims to end 20 years of antitrust litigation around swipe fees and restrictions placed...
March 26, 2024
Visa and Mastercard Reach Landmark Settlement, Slashing Transaction Fees in...
Visa and Mastercard have reached a monumental settlement agreement that is poised to reshape the landscape of credit card transactions in the United States. The accord, announced on Tuesday, comes...
March 25, 2024
Mastercard’s Partnership With Alipay Connects Digital Wallets to Cross-Border Payments
Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows...
March 21, 2024
Thunes and Visa Expand Digital Wallet Partnership to Asia and...
Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108...
March 21, 2024
CapOne Informs Regulators $35.3 Billion Deal with Discover Aims to...
Capital One has officially filed for regulatory approval for its proposed $35.3 billion merger with Discover Financial, a development that could potentially invigorate competition and enhance financial stability. Sources familiar...
March 21, 2024
Capital One to Regulators: Discover Deal Will Increase Competition
Capital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday (March 21) by Reuters, citing information shared by a source who had seen the bank’s...
March 21, 2024
FinTech and Bank Partnerships Will Boost Open Banking in the...
Dave Scola, CEO, U.S. at Form3, said the transformation of banking and financial services is demanding collaboration between traditional banks and digital upstarts. The most notable, and long lasting, changes in...
March 20, 2024
Merchants Leverage Split-Pay Plans to Drive Spending With High-Income Shoppers
As brands and retailers look for ways to win the spending of their highest-value customers, PYMNTS Intelligence research found that installment plans linked to bank-issued credit cards can go a...
