BBVA has entered a strategic agreement with Olea , a digital trade finance platform, as part of its efforts to expand global access to supply chain finance (SCF).
FreeAgent has integrated two tools from GoCardless , Instant Bank Pay and Success+, into its platform, allowing users to access additional payment methods.
The Romanian Natural Disaster Insurance Pool ( PAID ) has introduced a new financial automation solution through a partnership with local fintech firm Finqware .
The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of... read more The post Project Agorá:...
TSG (The Strawhecker Group), an analytics and intelligence firm in the payments industry, has worked with payments companies to compile the industry’s most comprehensive resource on merchant acquirers. Collectively, the... read more The...
The havoc to crypto payrolls caused by Binance’s decision to stop supporting the BUSD token shows how quickly a decision by one actor can upset an entire ecosystem. As Central... read more The post CBDCs – Central Banks losing heart?...
Just weeks after reaching a landmark $30 billion settlement on interchange fees designed to provide relief to retail businesses, Mastercard appears to be planning to increase certain credit card fees... read more The post Mastercard...
Yesterday we reported on the efficacy of the UKs Confirmation of Payee (CoP) program reaching 2 billion check. Now EBA CLEARING has announced it will provide its CoP service at... read more The post Pan-European Confirmation of Payee...
In the past manual reconciliation processes have sufficed but placing heavy reliance on such can lead to inefficiency. Currently, 84% of UK and US payment firms rely heavily on manual... read more The post Persistent challenges: the...
Pay.UK, the operator of the UK’s national retail payments system, announced that Confirmation of Payee (CoP), has reached 2 billion checks. This is a significant milestone and the volume of... read more The post Confirmation of Payee...
ACI Worldwide has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business... read more The post Instant payments...
BANCOMAT and Nexi have signed a contract for the creation of a new centralised technological infrastructure that will allow BANCOMAT to autonomously manage and optimise the offer of innovative and... read more The post BANCOMAT and Nexi...
Ant Group, along with 11 overseas payment partners of Alipay+ and major international card organizations, is set to launch a nationwide program to build International Consumer Friendly Zones across major Chinese... read more The post...
Starting next month, ridesharing users in a dozen cities can opt in for a $50 an hour ride, Uber Technologies Inc. announced on Friday (May 29). Following a pilot program in Australia, Africa, Europe and the Middle East, this new feature...
After reports that eCommerce delivery platforms are allowing consumers to “tip bait,” four U.S. senators are asking the Federal Trade Commission (FTC) to look at “potentially unfair and misleading” tipping practices on Instacart as well...
In today’s top news, Mastercard introduces Recovery Insights tools, Google is mulling a purchase of a share of Vodafone India, and British digital bank Starling has raised $49 million in funding. Mastercard Debuts COVID-Recovery Data...
Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC reported. The Nordic country reported its gross domestic product (GDP), a...
Most every state in the U.S. this week is starting to walk the road to recovery. Mandatory stay-at-home orders are easing and businesses are beginning to reopen, albeit in very different ways than at the start of the year. As Deluxe CEO...
After officially shutting its doors in mid-March and furloughing staff, Disney World is planning its comeback. The park has officially scheduled a grand reopening for July. Disney officials plan a phased reopening that will see the...
Self-service retail tools have gained momentum over the last week, as SMBs look to make the digital shift a consistent part of their business. Facebook, Instagram and Shopify’s social selling tools have been met with a positive...
The digital shift has come to Nordstrom, and not a moment too soon. The department store chain earned a respectable first quarter as announced Thursday (May 28) through a mix of shrewd inventory management, financial reorganization and...
As shoppers stocked up on products in bulk amid the pandemic, Costco’s same-store sales increased 4.8 percent for the period concluding on May 10. The warehouse club’s online shopping sales, however, surged 64.5 percent compared to the...
After it notched €2.25 billion ($2.6 billion) in one the largest initial public offerings (IPOs) in Europe as of 2018, JDE Peet’s stock surged over 12 percent in its inaugural trading day. The listing serves as one of the largest IPOs...
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB How Apple's New Face ID Works - Gizmodo - "The technology builds on...
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Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Jack Dorsey’s Square Makes a Move Into Banking - Wall Street Journal...
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB eMarketer Releases Latest Estimates for US Proximity Mobile Payments -...
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB Alibaba debuts ‘smile to pay’ facial recognition payments at KFC in...
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB UBS and other big banks are preparing to show governments how to put...
Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments consulting and education services to payments professionals worldwide! ON THE WEB PayPal launches its first cash back credit card to boost PayPal usage in...