"Finzly, announced that Live Oak Bank has successfully enhanced its commercial and small business banking services by implementing Finzly's Fedwire solution, achieving 100% straight-through processing (STP). This strategic move not only streamlines payment processing...
Marqeta Powers Trading 212’s Expansion into Continental Europe
"Marqeta announced it is powering Trading 212’s launch into 20 countries in continental Europe with the Trading 212 card, a debit card that helps Trading 212, with its over 3 million customers, to allow consumers to spend on the Trading 212 platform with zero FX and...
Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on ‘Real Solutions’
Traditional finance firms that have adopted crypto are moving past the experimentation phase and are actively working on solutions. Last week, the payments giant announced a partnership with crypto compliance firm Notabene, which will integrate Mastercard’s Crypto...
Consumers Demand More Choice & Control Over How They Check Out
Mastercard is launching Mastercard One Credential, a single digitally connected credential with multiple ways to pay. With One Credential, consumers will be able to choose the payment option (which may include debit, installments, prepaid and credit) that’s best for...
Instant Payments Wait Their Turn
"Cash is dying. But it’s not going quietly. Across the globe, instant payments are accelerating financial inclusion, economic activity, and the velocity of money, but adoption remains uneven. While countries like India and Brazil have embraced real-time transactions,...
Openbank Launches in Mexico
"Openbank, Grupo Santander’s fully digital bank, announced its launch in Mexico with a complete suite of everyday financial products. After having received some 30,000 requests to join the waiting list in recent weeks, one of the world’s most advanced digital banks —...
PhonePe Enhances Payment Security With Card Tokenisation Solution
"PhonePe has launched a device tokenisation solution for credit and debit cards, allowing users to securely store and use their cards across various services on the PhonePe App, including bill payments, recharges, booking travel tickets, insurance purchases, making...
More Than 30% of Brazilians Have Already Signed Up for Pix in Installments
"More than 30% of Brazilians have already contracted Pix installments in the last two months. The majority, 53%, in the last two months. The modality recently added to the portfolio of financial institutions already occupies a relevant space among the loan...
Canadians Divided on ‘Appeal’ of Pay by Bank, Says Payments Canada
A study by Payments Canada has found that Pay by Bank “appeals” to fewer than one-third of Canadians, with its appeal increasing among newcomers to the country and gig workers.
Capital One and Discover Stockholders Approve Capital One’s Proposed Acquisition of Discover
"Capital One Financial Corporation and Discover Financial Services announced that each company’s respective stockholders have voted to approve Capital One’s previously announced acquisition of Discover at each company’s Special Meeting of Stockholders."