"The European Instant Payments Regulation (IPR), formally known as Regulation (EU) 2024/886, represents an important step ahead for the EU’s payments ecosystem. By requiring Payment Service Providers (PSPs) to offer instant credit transfers in euros under clear and...
CFPB Seeks Input on Digital Payment Privacy and Consumer Protections
"The CFPB announced that it is seeking public input on strengthening privacy protections and preventing harmful surveillance in digital payments, particularly those offered through large technology platforms."
Startup Payface Allows Fashion Shoppers in Rio to Use Biometrics to Pay
"Payface is partnering with Brazilian fashion retailer Nalin as customers who have a Lojas Nalin card will be able to use face biometrics to make their purchases."
India’s Digital Payments Strategy Is Cutting Out Visa and Mastercard
"Regulators around the world are notching up scrutiny on Visa and Mastercard over the fees they charge merchants, but India has chosen a different path: Creating rival payment networks that are increasingly sidelining international card networks."
Mastercard Crypto Credential Launches in the UAE and Kazakhstan, Simplifying Cryptocurrency Transactions
"Mastercard has introduced the latest expansion of its innovative Mastercard Crypto Credential solution to the UAE and Kazakhstan, marking its debut in the Eastern Europe, Middle East and Africa (EEMEA) region."
Verifone Unveils New Payment Device Portfolio and Innovations to Revolutionize Commerce
"Verifone announced its new Verifone Victa payment devices with a softPOS solution called Verifone Tap. The new Verifone Victa portfolio covers use-cases from mobile, to multilane, to companion devices. The new Verifone Tap SoftPOS solution allows businesses to take...
India Delays UPI Market Share Cap Deadline by 2 Years
The National Payments Corporation of India (NPCI) has postponed the implementation of the market share cap for the Unified Payments Interface (UPI), extending the deadline by another two years. According to NPCI’s compliance mandate, digital payment firms were not to...
FV Bank Adds PayPal’s PYUSD Stablecoin to Direct Deposit and Outbound Payment Options with Real-Time USD Conversion
"FV Bank, the U.S. licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, announced the expansion of its stablecoin capabilities with the integration of PayPal USD (PYUSD) for direct deposits and...
Introducing Adyen Uplift: The Payment Solution Optimizing Every Transaction With AI
"Adyen announced the launch of Adyen Uplift. The AI-powered payment optimization suite will help businesses increase payment conversion, simplify fraud management, and reduce the cost of payments. It has been piloted by 60 enterprise businesses, including Patagonia,...
Transcard Expands into Canada with B2B and B2C Payment Orchestration
"Transcard announced its expansion into Canada, introducing its SMART Suite for payment orchestration to enhance digital payment solutions. The expansion includes partnerships with Canadian businesses, local payment rail integration, and multilingual support,...