February 01, 2023
Web3 In Transition and Participatory Regulation

Web3 constitutes the first qualitative revolution of the Internet. The technology in Web2 has been neutral, while with the blockchain, it becomes a field of competition. Digital platforms (Web2) remained...

January 31, 2023
The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 

Consumer confidence dipped in January after rising in December, according to The Conference Board. The not-for-profit think tank said in a Tuesday (Jan. 31) press release that U.S. consumers’ assessment...

January 31, 2023
US & India Team Up To Compete With China In...

The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence....

January 31, 2023
Open Banking Platform Consolidation Leads to Broader EU Customer Reach

After years of consolidation, Europe’s largest open banking players now cover much of the continent. Over the years, the continent’s open banking companies have expanded their reach and entered new...

January 31, 2023
P97 and Visa Collaborate on Mobile Convenience Store Payments

P97 Networks has teamed with Visa to expand its mobile payment offerings for convenience stores. “This collaboration will help reduce friction with in-car payments, enable EV charging payments across public...

January 31, 2023
Interest Rate Hikes Threaten Higher Income Paycheck-to-Paycheck Consumers’ Card Spending

So far into 2023, there’s been cautious optimism from payment networks on card spending. Earnings results from Mastercard, Visa, American Express and others show that households have been willing —...

January 30, 2023
Visa Cooperates With DOJ Antitrust Probe Into Debit Card Practices

The U.S. Justice Department is continuing its investigation into Visa’s debit card practices. The payments giant is cooperating with the probe, which is “seeking additional documents and information focusing on U.S. debit...

January 30, 2023
Lenders Prepare for Defaults as Recession Looms

Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. As The Wall Street Journal (WSJ) reported Monday (Jan. 30), Capital One and...

January 30, 2023
Banks Want to Prove They Can Innovate Digital Wallets, But...

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital bank wallet in the second...