"UK-based digital payment services provider Modulr has signed a contract with HMRC for the provision of Confirmation of Payee (CoP) services, which was secured under the new Open Banking Dynamic Purchasing System (DPS). Under the agreement, Modulr will provide payment...
New Guidance from Japan Credit Associate (JCA) on EMV 3DS Mandate
"The Credit Transaction Security Measures Council of the Japan Credit Association (JCA) has mandated the use of EMV 3D Secure on Japanese credit cards beginning in April 2025. As fraud becomes increasingly sophisticated and prevalent in Japan, the mandate aims to...
Parliament Approves Banking Proclamation, Allowing Foreign Banks to Enter Ethiopia’s Financial Sector
"After years of anticipation, lawmakers have approved the long-awaited banking business proclamation, paving the way for foreign banks to enter Ethiopia’s financial sector. The proclamation allows foreign banks to enter the Ethiopian market by establishing...
CARD.com Corporation Announces Collaboration with Visa for Visa Direct Cross-Border Payments
"This agreement brings expanded access to global, fast, and secure payment options for CARD.com's customers, aligning with its mission to deliver innovative financial solutions for its B2C and B2B White Label customers."
Alibaba Targets Japan With Tao, a New Cross-border E-commerce Platform
"Alibaba Group has unveiled Tao, a cross-border e-commerce platform tailored for Japanese consumers, as part of its latest push into international markets."
This Stealthy African Stablecoin Startup Already Processed Over $1B in Cross-border Payments
"Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years."
Mesh Payments Teams Up With SoFi Bank and Galileo to Drive Innovation In Travel and Expense Management
"SoFi Bank’s relationship with Galileo strengthens Mesh Payments’ drive to reduce inefficiencies and accelerate the development of new products. This partnership integrates Mesh Payments’ next-generation expense and card infrastructure with SoFi Bank’s scalable...
Mastercard’s 10 Top Payments Trends for 2025 — and Beyond
"It’s never been a more exciting time for payments as continued advances in tech usher more people and businesses into the digital economy, driving demand for trusted interactions and raising the bar for simplicity and seamlessness."
The Theme Song for 2025: Payments
"Traditional payment rails—the backbone of how money moves through economies—are poised for a significant shake-up as new technologies, regulations, and consumer preferences converge to rewrite the rules of payments. For credit unions, staying ahead of these changes...
CFPB Closes Overdraft Loophole to Save Americans Billions in Fees
"Today, the Consumer Financial Protection Bureau took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws. The agency’s final rule on overdraft fees applies to the banks and credit unions with more than $10 billion in assets...