"In a move to redefine international finance, the People’s Bank of China (PboC) has announced that its digital RMB cross-border settlement system will be fully connected to the ten ASEAN nations and six Middle Eastern countries, implying that about 38% of global trade...
Trek Chooses Gr4vy to Power Online-To-Offline Shopping Experience
"As Buy-Online-Pickup-In-Store (BOPIS) grows, retailers and manufacturers face payment processing and inventory management challenges. Customers expect to order online, pick up in-store, and avoid checkout issues or stock shortages. Trek has chosen Gr4vy , the...
Splitit Unveils First Fully Embedded White-Label Installment Solution for Shopify Merchants
"Splitit announced the launch of its new fully Embedded Shopify App - Splitit Card Installments. This new app provides merchants with an all-in-one service, including credit card processing, while delivering a seamless one-click installment payment experience for...
Santander UK Wins Bid To Throw Out Lawsuit Over Push Payment Fraud
"The UK arm of Spain's Banco Santander won its bid to throw out a lawsuit that had alleged lenders have a duty to try and retrieve funds stolen by customers that turn out to be fraudsters. Santander UK was sued at London's High Court in 2022 by teacher training...
Custodia, Vantage Bank Tokenize U.S. Dollar Demand Deposits on Ethereum
"Custodia Bank and Vantage Bank have completed the tokenization of U.S. dollar demand deposits on the Ethereum mainnet. The banks issued and redeemed Custodia's Avit stablecoins on the Ethereum mainnet, marking a major milestone in blockchain-based banking innovation....
Affirm Inks Deal With J.P. Morgan Payments To Deliver More Flexible, Transparent Payments to Merchants
"Affirm announced that it is deepening its multi-year agreement with J.P. Morgan Payments. The agreement will make Affirm’s solutions available to J.P. Morgan Payments’ network of merchants, enabling U.S. merchants using Commerce Platform to offer Affirm’s flexible...
Somalia Launches First Nationwide Instant Payment System Powered by BPC
"The Somalia Payment Switch has successfully launched the country's first ever Instant Payment System with QR payments support powered by BPC's next generation SmartVista platform, a global leader in payment Solutions2. Championed by the Central Bank of Somalia, the...
Navigating the Compounding Complexity of Digital Card Issuing
"The number of virtual cards issued worldwide is growing at an unprecedented pace. Customers expect digital-first card products that work instantly in mobile wallets, faster online transactions and a list of different payment options."
Are You Ready for the PCI DSS March 2025 Deadline?
"The March 31, 2025 deadline for PCI DSS v4.x compliance is rapidly approaching and needs urgent attention from any organization that handles payment card transactions...The latest iteration, PCI DSS v4.0.1, represents a shift towards a more proactive and adaptive...
Ramya Patel of Amdocs Says Banks Embracing Agentic AI Stand to Gain Competitive Edge
"Ever faced frustrating wait times with your bank’s customer service or wished for 24/7, personalized financial support? The solution lies in the next innovative wave: Agentic AI. Agentic AI represents a leap in technology—an autonomous system that not only sets goals...