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Apple Account launch has billion dollar impact on Wall St. banks

18 Apr 23 @ 12:12

Apple and Goldman Sachs launched a new savings account yielding 4.15% a year, having first announced the product in October, the interest rate is more than 10 times the national... read more

The Bots and the Banks – The power of ChatGPT

18 Apr 23 @ 10:52

Back in 2019, I wrote a piece for Wired predicting that in time robots will take over in banking just as they have done in manufacturing. I said that going to the... read more

ECSA: Remove payments from the Digital Identity Regulation scope

17 Apr 23 @ 16:05

The European Banking Federation, the European Association of Co-operative Banks, and the European Savings and Retail Banking Group, jointly known as the European Credit Sector Associations (ECSAs) welcome the ambitions... read more

RS2 and Landsbankinn bring merchant acquiring services to Iceland

17 Apr 23 @ 09:58

RS2 says that Iceland’s most innovative bank, Landsbankinn, has launched its own merchant acquiring services using RS2’s payments processing platform. Landsbankinn business customers can now concentrate all their payment services... read more

How fintechs can power tomorrow’s high-performance world

17 Apr 23 @ 09:46

The fintech industry is constantly evolving, with new technologies and solutions emerging all the time. Decision-makers are searching to understand how the market is changing. Collaboration is essential for developing... read more

Can payments be a profit lifeline for banks?

14 Apr 23 @ 13:16

Think about banking, and you might think Tom Cruise or Michael Douglas in Wall Street – or, more recent movies like The Big Short. Either way, your mental image will... read more

FTC sue Chargebacks911 for “thwarting chargeback mitigation”

14 Apr 23 @ 13:09

The Federal Trade Commission has filed a suit against Chargebacks911 for unfairly thwarting consumers who were trying to dispute credit card charges through the chargeback process. In a complaint filed in... read more

UK software jobs in good health as salaries grow as much as 18%

14 Apr 23 @ 09:45

From Meta’s self-imposed “year of efficiency” decimating its global workforce to Yahoo, Zoom, Amazon and Google reducing their employee numbers, and fintech and crypto startups and scale-ups taking stock, 2023... read more

New Visa white paper: reduce online risk and friction through RBA

12 Apr 23 @ 17:48

In a white paper launched today, leading global payments company Visa sets out its vision for delivering a frictionless checkout experience and greater security in online shopping. By combining existing security... read more

PayPal and Visa announce digital wallet partnership

12 Apr 23 @ 17:00

PayPal and Visa announced a strategic partnership in the US that will result in an improved and more seamless payment experience for Visa cardholders and offer greater choice in how... read more

ChatGPT – how can banks leverage generative AI?

06 Apr 23 @ 12:29

ChatGPT is currently on everyone’s lips. The versatile abilities of this chatbot fire the imagination, but also fuel concerns about the future application of such a simple and widely usable... read more

Fraud prevention: Genesis Market cybercrime site shut down

06 Apr 23 @ 10:20

Genesis Market has been closed down in a massive, coordinated global law enforcement crackdown. Genesis Market was one of the world’s biggest criminal marketplaces used by online fraudsters to buy... read more

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Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more