China has published new measures designed to place greater oversight on non-banking payment companies. The rules, issued by China’s State Council, impose stricter licensing rules and...
American Express has launched a campaign to increase acceptance of its cards in Australia. The company’s OptBlue program is set to onboard “thousands” of small...
This year has seen a lot of sweeping predictions about AI’s impact on work. For example, Elon Musk has said that advances in artificial intelligence...
Robinhood has reportedly begun enticing customers from more established brokers like Fidelity and Charles Schwab. The online trading platform has received about $1.1 billion in...
Hackers have apparently stolen millions of dollars worth of non-fungible tokens (NFTs) in a recent security breach. Peer-to-peer trading platform NFT Trader confirmed the breach on X...
An increasing number of drivers reportedly owe more on their loans than their cars are worth. It’s a situation known as negative equity, and last...
China is reportedly widening its ban on the use of Apple’s iPhone by government employees. According to a Friday (Dec. 15) report by Bloomberg News, an increasing...
Both American Express and Bank of America saw credit card delinquencies climb last month. According to a recent Securities and Exchange Commission filing, American Express’ delinquency rate rose from 1.3%...
Visa is acquiring a majority interest in Mexican payments processor Prosa to expand digital payment adoption in that country. The agreement, announced Friday (Dec. 15), will see Prosa...