"The UK payments regulator has warned Visa and Mastercard it will introduce “remedies” to tackle a lack of competition and transparency in the card payments market that it said was costing British businesses millions of pounds a year. Visa and Mastercard, which...
Safaricom M-Pesa to Assist Healthcare Payments Digitisation in Ethiopia
"The mobile payment group Safaricom M-Pesa, along with another, unnamed financial service provider, has signed a service level agreement (SLA) with the Ministry of Health of Ethiopia to transform healthcare payments through a secure, efficient and scalable digital...
What’s Next for Real-Time Payments: Navigating the Next Wave
In the latest episode of “What’s Next In,” Mastercard’s podcast that informally explores technology, innovation and ideas, host Vicki Hyman chats with Peter Reynolds, Mastercard's executive vice president for real-time payments, about the growth of real-time...
Banks Discuss Swift Move to New System [India]
"Indian banks are collaborating with the international messaging system SWIFT to migrate to the ISO 20022 instant settlement system by November 25. Only four Indian banks have made partial transitions, prompting discussions for smoother transitions and potential...
The Future of Cross-Currency Payments: Insights from J.P. Morgan’s Vijay Lulla
"The cross-border payments landscape is evolving fast. AI, blockchain, and digital currencies are driving innovation, but real-time processing and regulatory fragmentation remain challenges. Vijay Lulla, EMEA Head of Cross-Currency Payments at J.P. Morgan Payments,...
U.S. Faster Payments Council Report Explores How Digital Assets Can Advance Financial Inclusion
"The U.S. Faster Payments Council, a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, announced the publication of a new industry report, Digital Assets and Digital Ledger Technology: A Pathway to Financial...
How PAR Enhances Customer Experience, Prevents Fraud, and Boosts Loyalty
"IXOPAY launched their PAR solution for merchants of all sizes and industries to transform payment security and data handling, offering significant benefits for customer relationship management, risk monitoring, and even PCI scope reduction. The solution centralizes...
Skipify and Discover Announce Strategic Partnership to Enhance Tokenization & Streamline Digital Payments
Skipify, a technology company redefining the checkout experience, announced its partnership with Discover® Global Network. The technology partnership aims to provide simplified and enhanced checkout for Discover cardholders, improving shopper satisfaction and...
Finastra and i2c Inc. Announce Strategic Partnership to Offer Debit Card Issuance and Digital Wallet Solutions to North American Financial Institutions
"Finastra, a global provider of financial services software applications, and i2c Inc., announced a partnership to bring payment issuance solutions to North American banks and credit unions. Under the partnership, Finastra's bank and credit union clients will have...
Payoneer and Meezan Bank Join Forces to Revolutionize International Payment Withdrawals for SMBs in Pakistan
"Payoneer has partnered with Meezan Bank, Pakistan’s leading Islamic bank, to enhance crossborder payments for Pakistani SMBs, entrepreneurs, and freelancers. Meezan Bank customers can now link their Payoneer accounts to the bank’s mobile banking app to make real-time...