payment networks

Report: Visa Offers $100 Million to Get Apple Credit Card Business
Report: Visa Offers $100 Million to Get Apple Credit Card Business
April 01, 2025  |  Credit Cards

Visa reportedly offered Apple about $100 million to get the tech giant’s credit card business, which is held by Mastercard. The offer came as the...

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Digital Wallets Poised to Become the SMS of Global Money Movement
Digital Wallets Poised to Become the SMS of Global Money Movement
April 01, 2025  |  Mobile Wallets

Mobile wallets are well-designed for instant gratification — as that ubiquitous instrument, the mobile phone, makes it easier than ever to pay merchants or to...

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CARD.com Taps Visa Direct to Expand Financial Services Globally
CARD.com Taps Visa Direct to Expand Financial Services Globally
December 16, 2024  |  Cross-border Payments

CARD.com now enables its users to make cross-border payments via Visa Direct. This offering results from a collaboration between CARD.com, which is a FinTech specializing...

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Payments Canada To Begin CEO Transition April 1
Payments Canada To Begin CEO Transition April 1
February 07, 2024  |  Personnel

Payments Canada, the public purpose organization responsible for owning and operating Canada’s payment systems, is undergoing a leadership transition. Tracey Black, the president and CEO,...

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Visa Completes Pilot Test of CBDC in Hong Kong
Visa Completes Pilot Test of CBDC in Hong Kong
November 02, 2023  |  CBDC

Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....

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Ripple Says the Global Economy Needs a Global Payment Scheme
Ripple Says the Global Economy Needs a Global Payment Scheme
September 29, 2023  |  Cross Border Commerce

Transforming the world takes time, even when innovations aim at just one part of it. That, at least on the surface, appears to be the...

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Mastercard Cooperating With DOJ Antitrust Investigation of Debit Program
Mastercard Cooperating With DOJ Antitrust Investigation of Debit Program
April 27, 2023  |  Mastercard

Mastercard is cooperating with an antitrust investigation by the U.S. Department of Justice (DOJ). The firm received a Civil Investigative Demand (CID) from the DOJ...

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Mastercard Settles With FTC Over Sharing Data With Competing Networks
Mastercard Settles With FTC Over Sharing Data With Competing Networks
December 23, 2022  |  Regulation

The Federal Trade Commission (FTC) wants Mastercard to share card data with competing payment networks.  Under a proposed order announced Friday (Dec. 23), Mastercard will have to share with competing networks...

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TCH: Tokenization Removes Fraud Risk From Account-to-Account Transfers
TCH: Tokenization Removes Fraud Risk From Account-to-Account Transfers
May 03, 2022  |  Security & Fraud

There’s a fundamental vulnerability within the great digital shift, amid the contactless payments, the digital wallets, the new and mobile ways in which we pay:...

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