October 12, 2022
Credit Card Swipe Fee Amendment Pulled From Defense Spending Bill
A last-minute bipartisan effort to package a credit card swipe fee amendment into a larger spending bill was ultimately unsuccessful. Sen. Dick Durbin (D-Ill.) and Sen. Roger Marshall (R-Kan.) pushed...
October 12, 2022
Mastercard Backs nClude to Further Financial Inclusion in Egypt
Mastercard is investing in and collaborating with African technology company nClude to foster further financial inclusion across Egypt while also enhancing the country’s FinTech ecosystem. A venture capital investment platform...
October 11, 2022
Today in the Connected Economy: Google, Coinbase Partner on Web3
Today in the connected economy, cryptocurrency exchange Coinbase taps Google Cloud for a project designed to better serve Web3 developers. Plus, Grubhub launches a massive expansion of its robot food...
October 11, 2022
PostePay, Mastercard Usher in RTP Solution in Italy
PostePay and Mastercard are partnering to usher in a request-to-pay (RTP) solution in Italy to offer businesses greater control and flexibility over bill payments and cash flow. RTP gives billers...
October 11, 2022
Spreedly Expands Offerings With Global Support Infrastructure
Spreedly has expanded its offerings for customers, the payments orchestration platform announced Tuesday (Oct. 11). According to a news release provided to PYMNTS, Spreedly has set up a worldwide support...
October 10, 2022
The Unintended Consequences Of Durbin’s Proposed Routing Legislation
It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. The latest attempt, spearheaded by US Senators Richard Durbin...
October 10, 2022
Today in B2B Payments: New Alliances Tackle SMB Banking, X-Border...
Today in B2B payments, BankiFi and Axiom Bank team to offer embedded banking solutions to small- to medium-sized businesses (SMBs), while TD Securities joins Visa B2B Connect to help businesses...
October 10, 2022
Mastercard Platform Aims to Give Businesses Spending Visibility
Mastercard has launched Global Treasury Intelligence, a cloud-based platform designed to give businesses more visibility into how and where they spend money. “In a recent poll of treasury professionals, 91%...
October 10, 2022
The Unintended Consequences of Durbin’s Proposed Routing Legislation
It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange. The latest attempt, spearheaded by U.S. Senators Richard Durbin...