"Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease."
Russia Shares CBDC Business Model as Banks Push Back
"At the end of last month the Bank of Russia shared the business model for its central bank digital currency (CBDC). All digital ruble transactions will be free through to the end of 2025, with the first batch of banks and merchants expected to go live on July 1."
Morgan Stanley Selects Wise Platform to Enhance Payments Capabilities for Corporate Clients
"Wise announced that it has been selected by Morgan Stanley, a leading global financial services firm, to facilitate Morgan Stanley’s foreign exchange international settlement capabilities for its corporate customers."
Systems East Connects Xpress-pay Digital Payment Solution to Cybersource
"Systems East, Inc. announced it completed its work with Cybersource to integrate Xpress-pay with the platform. Through Systems East's work with Cybersource, Xpress-pay leverages Cybersource, a Visa Acceptance Solution's Token Management Service, delivering enhanced...
Payshap Request: A First for South Africa, Set to Transform Interbank Payments
"South Africa’s payments landscape is on the brink of another major innovation. On 2 December 2024, the highly anticipated PayShap Request service will officially launch, empowering individuals, businesses, and informal traders to take control of their payments like...
Visa Helps Holiday Shoppers Stay Secure, Blocking Nearly 85% More Suspected Fraud Globally This Cyber Monday Compared to Last Year
Visa's critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year. Throughout the holiday weekend, suspected fraudulent...
Risk Management Matters in Financial Institutions and Everyday Life
"Over the last 20 years, risks have increased significantly for the financial industry. Data breaches, cyberattacks, and financial crimes are familiar occurrences, unfortunately. At the same time, we're reading more about the importance of risk management."
Nordic Fintech Two Collaborates With Leading Dutch Banking Leader ABN AMRO to Modernise B2B E-Commerce Payments
"Two, a European leader in B2B payments technology today announces a strategic collaboration with ABN AMRO, a leading financial institution in the Netherlands. Together, they are launching a state-of-the-art “Pay on Invoice” solution, designed to bring seamless,...
Revolut Launches the Italian IBAN and Its Official Branch in Italy
"Revolut, the global financial super app, has officially announced its branch in Italy and the new possibility of being able to offer its customers the Italian IBAN."
Remote Teams With Stripe to Introduce Easy, Compliant Stablecoin Payouts for Contractors Worldwide
"Remote, the leading global HR platform and payroll provider, announced that companies can use Remote to pay their contractors in 69 countries directly in stablecoins, starting with USDC on Base, the L2 blockchain from Coinbase."