"The Consumer Financial Protection Bureau (CFPB) today published an order establishing supervisory authority over Google Payment Corp."
Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation
"Alipay+ leads the industry in collaboration with 35 leading mobile payment partners, including e-wallets, banking apps and BNPL apps, etc., connecting over 90 million merchants in 66 markets to 1.6 billion user accounts. It has also formed strategic partnerships with...
Blackhawk Network Launches Roblox Digital Gift Cards in Mexico
"Blackhawk Network announced the launch of Roblox digital gift cards available in Mexican Peso (MXN). Roblox is a virtual platform with millions of immersive experiences for people to enjoy together."
Socure’s First-Party Fraud Consortium Achieves Unprecedented Scale, Uniting Industry Leaders Across Industries to Combat $100B Problem
"Socure announced milestone achievements for its First-Party Fraud Consortium. The consortium seeks to unify companies to tackle the complicated, multi-industry issue of First-Party Fraud by pooling data and insights which allow them to detect and stop fraud before it...
Circle is the First Stablecoin Issuer to Meet New Canadian Listing Rules
"Circle Internet Group, Inc. announced that its regulated subsidiary is the first stablecoin issuer to commit to comply with the Ontario Securities Commission (OSC) and Canadian Securities Administrators’ (CSA) Value-Referenced Crypto Asset (VRCAs) requirements. This...
Consumer Credit Cards Show Few Signs of Financial Stress
"The Federal Reserve began tightening monetary policy in March 2022 to combat higher inflation. This tightening, in turn, increased borrowing costs for a wide range of consumer financial products such as auto loans, mortgages, and credit cards. Higher borrowing costs...
Retailers Push for a Delay in Rollout of Russia’s CBDC
In October the Bank of Russia revealed a time frame for the roll out of the digital ruble, which forms part of a Bill that has been submitted to the State Duma. The mass rollout date is 1 July 2025. By that time the largest banks and retailers must support the central...
Spreedly and dLocal Partner
"Spreedly and dLocal have partnered to expand the companies' collaboration beyond Latin America into Africa and APAC. The expanded partnership will allow customers to access dLocal's alternative payment methods (APMs) and the Spreedly's payment ecosystem in these...
New FinTech Hypercard Launches Consumer Credit Card on the American Express Network
"Hypercard, a fintech dedicated to innovating in the payments market, will be launching its first consumer credit card on the American Express network that companies can offer to their employees. The card will also make it easier for employees to submit expense...
Open Banking in the US – A New Era of Consumer-Centric Innovations?
"The Consumer Financial Protection Bureau (CFPB) published the final version of its Personal Financial Data Rights rule on October 22, which in its own words, moves the US closer to “having a competitive, safe, secure, and reliable ‘open banking’ system”. Up until...