payment networks

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,...

READ MORE >
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)....

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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:...

READ MORE >
Korea Regulator To Force Banks To Play Nice With FinTech Firms
Korea Regulator To Force Banks To Play Nice With FinTech Firms
February 27, 2019  |  Regulation

Korea’s Financial Services Commission is gearing up to roll out new rules that would require banks in Korea to open up their payment systems to...

READ MORE >
Earthport Named By BNP Paribas To Provide ACH Cross-Border Payment Services
Earthport Named By BNP Paribas To Provide ACH Cross-Border Payment Services
October 11, 2018  |  International

Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. In a...

READ MORE >