settlement

Fed Rate Hike Raises Costs of Funding Global Commerce

Fed Rate Hike Raises Costs of Funding Global Commerce
Fed Rate Hike Raises Costs of Funding Global Commerce
September 16, 2026  |  Global Payments

The Federal Reserve on Wednesday (Sept. 16) raised the target range for the federal funds rate by a quarter percentage point to 3.75% to 4%,...

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Bottomline Taps Chainlink to Bring 600 Banks On-Chain
Bottomline Taps Chainlink to Bring 600 Banks On-Chain
September 03, 2026  |  Blockchain

Bottomline, a top-three provider of Swift services, has partnered with Chainlink to give more than 600 bank customers access to blockchain-based cross-border settlement. The deal...

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Mastercard Prepares to Expand Network Capabilities for New Settlement Choices
Mastercard Prepares to Expand Network Capabilities for New Settlement Choices
June 03, 2026  |  Mastercard

Mastercard plans to expand its settlement capabilities to give issuers and acquirers more choice in how and when they settle transactions. Get the Full Story...

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Sen. Dick Durbin Says Proposed Visa and Mastercard ‘Swipe Fees’ Settlement ‘Falls Short’
Sen. Dick Durbin Says Proposed Visa and Mastercard ‘Swipe Fees’ Settlement ‘Falls Short’
November 17, 2025  |  Mastercard

Senator Dick Durbin (D-Illinois) said Monday (Nov. 17) that the proposed settlement in the 20-year Visa and Mastercard “swipe fees” legal battle “falls short” of...

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Coinflow Raises $25 Million to Promote Stablecoin-Powered Settlement
Coinflow Raises $25 Million to Promote Stablecoin-Powered Settlement
October 08, 2025  |  Cryptocurrency

Payment service provider Coinflow has raised $25 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform
JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform
November 06, 2024  |  Blockchain

J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with...

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Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
November 02, 2023  |  Gig Economy

Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. Get...

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The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
March 02, 2023  |  Cross-border Payments

A delay, but no setback. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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