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FIS Launches Pay By Bank Payments Through Its Open Banking Hub
FIS Launches Pay By Bank Payments Through Its Open Banking Hub
June 18, 2020  |  Payment Methods

A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has the benefit of...

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Mastercard Gets Nod To Join China’s $27T Payments Market
Mastercard Gets Nod To Join China’s $27T Payments Market
February 11, 2020  |  Mastercard

China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion...

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Consumer Credit Default Hits Low For Nov 2018
Consumer Credit Default Hits Low For Nov 2018
December 19, 2018  |  Consumer Finance

New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the...

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AMEX, Mastercard And Visa Submit Licenses To Operate In China
AMEX, Mastercard And Visa Submit Licenses To Operate In China
July 21, 2017  |  Banking

American Express, Mastercard and Visa are gearing up to submit licenses to get permission to operate in China. Reuters, citing three people with direct knowledge...

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