"Xbox, Barclays and Mastercard announced the Xbox Mastercard, Xbox’s first-ever co-branded credit card in the United States. The no annual fee card provides players points to redeem on Xbox games and add-ons, select streaming and dining delivery services, and more."
mBridge CBDC Project Nearing Commercialization
"Eddie Yue, the CEO of Hong Kong’s central bank, expects that the mBridge CBDC project will gradually transition to commercialization. In a keynote speech at the 2023 Bund Summit, he detailed plans for the platform, which China, Thailand, Hong Kong and the United Arab...
Square Unveils Over a Dozen New Features to Help Businesses Win this Holiday Season
"Square announced a new suite of solutions designed to give sellers a competitive edge this holiday selling period ...Square is introducing House Accounts, a deferred payment account that business regulars and corporate clients can easily charge purchases to. When a...
Bank ABC Introduces JPM Coin Payments in Bahrain
"Bank ABC has become the first Middle East bank to introduce faster cross-border payments to specific corridors for corporates and financial institutions using JP Morgan’s Coin Systems. Coin Systems is a blockchain-based permissioned system that serves as a payment...
WhatsApp Adds Rival In-App Payment Options in India Commerce Push
"WhatsApp said that it will offer credit card payments and services from rival digital payment providers within its app in India, the latest bet by the Meta-owned service to boost commerce offerings in its biggest market...Meta is also expanding its Meta...
MoneyGram Announces Plans to Launch Non-Custodial Digital Wallet
"Debuting in Q1 2024, the wallet will enable consumers to leverage stablecoin technology to seamlessly move from fiat to digital currency, to fiat again."
Fujitsu Launches New Technologies to Protect Conversational AI from Hallucinations and Adversarial Attacks
"Fujitsu announced the launch of two new AI trust technologies to improve the reliability of the responses from conversational AI models. The newly developed technologies include a technique to detect hallucinations in conversational AI models – a phenomenon in which...
Affirm Is Exploring Subscription Service to Guarantee 0% APR on Purchases
"Affirm Holdings Inc. is exploring the introduction of a subscription service in a bid to create more recurring revenue beyond interest collected from its buy now, pay later plans."
European Payments Initiative Selects “wero” as Commercial Name for its Innovative Digital Wallet
"The European Payments Initiative (EPI) is proud to announce the selection of “wero” as the commercial name for its ground-breaking digital wallet solution. This strategic initiative aims to deliver a European digital payment solution built to meet evolving payment...
Y Combinator-backed Akudo to Shut Down Operations
"Teenagers-focused neo-banking platform Akudo is shutting down its core UPI and card business, according to three sources aware of the details. The move is a result of Reserve Bank of India (RBI) direction which forbade Unified Payments Interface (UPI) in a...