19 Oct 20 @ 03:00
American Express says it has entered into an agreement to acquire substantially all of Kabbage, a financial technology company providing cash flow management solutions to small businesses in the US.... read more
13 Feb 20 @ 07:02
The People’s Bank of China says it has accepted an application from an American Express business unit to start operations in China – clearing a major hurdle in its bid... read more
18 Dec 19 @ 15:16
American Express says it will launch an Open Banking product that will enable UK consumers to pay for goods and services online directly from their bank account. Pay with Bank... read more
08 Apr 19 @ 13:39
Curve says it is considering legal action against American Express after the card network blocked its customers from using Curve’s services this week. Curve enables users to load all of... read more
01 Oct 15 @ 07:36
A US judge has rejected a proposed class-action settlement between American Express and merchants who sued the company over card fees, ruling that a lawyer acting for the merchants compromised... read more
31 May 15 @ 15:09
The Post Office has announced it will accept American Express Cards in all of its 11,500 branches, making it the largest UK retail network to do so. The introduction of... read more
31 May 15 @ 15:03
American Express is experimenting with facial recognition and wearable technology aimed at customers traditionally underserved by financial services companies, according to a Wall Street Journal blog. To boost business growth,... read more
14 May 25 @ 10:23
In a high-stakes move that underscores the strategic value of embedded finance, Visa has reportedly tabled a $100 million offer to displace Mastercard as the network provider behind the Apple... read more
10 Dec 24 @ 10:57
Commercial Variable Recurring Payments (CVRPs) are for many the true catalyst for open banking services and the payments industry is poised for their take-off. Benefits are perceived from all players-... read more
22 Oct 24 @ 13:28
Ant Group says the number of international visitors who have used its mobile payment services in China quadrupled over the past six months, following the launch of the International Consumer... read more
14 Aug 24 @ 09:00
BaaS is lending itself to the success of marketplace vendors and small online businesses and the only way is up. Anna Milne explores the hype and speaks to the provider... read more
14 Aug 24 @ 08:15
Google has introduced three new Google Pay features that they say have been developed by listening to direct customer feedback. According to their website, shoppers tell them the three things... read more
24 Oct 23 @ 09:52
Back in September 2022, 1,668 retailers and more than 200 trade organisations urged the US Congress to pass the The Credit Card Competition Act, which gives merchants a choice in... read more
05 Apr 23 @ 10:24
PCM’s exclusive research into payments markets in ten Eurasian countries reveals seismic change caused by the war in Ukraine. As our research makes clear, some markets are wearing the chaos... read more
25 Aug 22 @ 10:48
The Indian Central Bank has lifted its restrictions on Mastercard issuing new cards in the domestic market, nearly a year after imposing the ban, after it demonstrated “satisfactory compliance” with... read more
21 Apr 22 @ 09:30
Visa, Mastercard and American Express have suspended operations in Russia. The decision followed a request by Ukraine’s President Volodymyr Zelensky and threatens to further isolate a Russian economy facing crippling... read more
17 Feb 22 @ 15:05
This year’s PCM’s Digital and Card Payment Yearbooks suggest payment card use may be starting to decline, to be replaced by digital wallets, direct-to-account payments and other methods. James Wood... read more
09 Jun 21 @ 04:06
In recent issues, PCM has given readers overviews of payments markets in both Western Europe and Eurasia. Now we focus on Russia – a market characterised by rapid growth and... read more
09 Jun 21 @ 03:52
While most of the world can’t travel across borders just yet, we can certainly shop across them. Data shows that almost 24 percent of e-commerce purchases in Europe are international.... read more
09 Jun 21 @ 03:46
POS finance, composed of BNPL (Buy Now Pay Later) and ePOS Credit, is set to exceed $760 billion e-commerce transaction value by 2025. BNPL alone will see $258 billion in... read more
12 May 26 @ 15:44
Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... more
05 May 26 @ 16:52
Banco Santander has reinforced its commitment to Ebury after taking part in a funding round of about £550mn for the cross-border payments and trade finance fin... more
06 May 26 @ 16:43
Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a... more