"Amazon announced the launch of its new app for Amazon One, its contactless palm recognition service that allows customers to hover their palm over a device in order to purchase from select places, including more than 500 Whole Foods Market stores, Amazon stores and...
For the First Time in 25 Years Merchants Have Identified Refund/Policy Abuse and First-Party Misuse as the Leading Threats, Surpassing Phishing in North America and Europe
"The Merchant Risk Council (MRC) today announced the release of their 2024 Global eCommerce Payments and Fraud Report in partnership with Visa Acceptance Solutions and Verifi."
Coinbase Must Face Us Securities Regulator’s Lawsuit, Judge Says
"A federal judge in Manhattan on Wednesday said the U.S. Securities and Exchange Commission's lawsuit against Coinbase can move forward, but dismissed one claim the regulator made against the largest U.S. cryptocurrency exchange."
Paysend, Currencycloud Announce Global Partnership
"Currencycloud says it has signed a global expansion deal with transfer Fintech Paysend to expand its reach in providing its services. Currencycloud will also be supporting Paysend on the launch of new consumer-facing products during 2024."
Opinion: Canadian Banking Needs More Competition
"Competition and product innovation are hindered by Canada’s outdated financial infrastructure, which lags the real-time payment settlement and consumer-driven banking that have measurably improved outcomes for consumers in all other G7 countries."
European Banks Believe EU SEPA Instant Timelines Are Unrealistic
"New research has revealed that 58% of European banks that do not currently offer instant payments believe the timelines set out by the EU in the new SEPA Instant payments legislation are unrealistic."
Apple Defeats Consumers’ Crypto-Payment Antitrust Case for Now
"A federal judge in San Francisco has dismissed a consumer lawsuit accusing Apple of driving up fees at platforms such as Venmo and Cash App by prohibiting payment apps from implementing cryptocurrency transactions."
Modern Treasury Launches Professional Services to Drive Payments Transformation in the Enterprise
"Modern Treasury announced the launch of its Professional Services offering to help enterprises scale modern payment infrastructure so they can innovate faster, reduce risk, and unlock new revenue."
US Banks to See Modest Hit From Deal to Lower Swipe Fee by Visa, Mastercard
"U.S. banks could see a modest hit to their earnings due to the $30 billion settlement to limit credit and debit card fees for merchants by payments networks Visa and Mastercard Wall Street analysts said."
Payop Partners With Tink to Add Pay by Bank in Europe
"Payop, an international payment processor and aggregator, has partnered with Tink to add Pay by Bank to its checkout options...Pay by Bank is available for Payop merchants in France, Germany, the Netherlands, Spain, and the UK."