Business Wire
"P2P, an innovative digital finance platform tailored for the Brazilian community in the United States, is now live—launching two months ahead of schedule in partnership with Mbanq, a global leader in financial technology and Embedded Finance. By leveraging Mbanq’s comprehensive technology, white-label app, and regulatory expertise, P2P delivers a seamless suite of financial services designed to meet the unique needs of Brazilians in the U.S."
Yahoo Finance
"BMO, in partnership with FISPAN, announced the launch of BMO Sync, a solution that integrates BMO Online Banking for Business services directly into Enterprise Resource Planning (ERP) and accounting systems such as QuickBooks Online, Sage Intacct®, and other leading ERPs. This solution is the first of its kind in Canada."
Business Wire
"ACI Worldwide has announced the extension of its fintech partnership ecosystem through an alliance with Banfico, a leading fintech specializing in regulatory technology, global account verification and Open Banking solutions."
Business Wire
"Trustly, the global leader in Pay by Bank, announced a partnership with Spreedly, the world’s leading Open Payments Platform. Together, Trustly and Spreedly will provide merchants with full-service access to Pay by Bank to drive improved conversion rates and optimize payment efficiency across expanded regional and global markets."
The Hill
"Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill Tuesday seeking to cap credit card interest rates at 10 percent. Hawley and Sanders said credit card interest rates have become 'exploitative,' citing a recent Forbes report that found the average credit card interest rate is 28.6 percent."
Worldpay
"Worldpay today announced it has entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform headquartered in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of value-added solutions and enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally."
GlobeNewswire
"Despite a strong employment picture, some consumers are still struggling financially due to elevated inflation and higher than normal interest rates. In an effort to provide lenders with a clearer picture of thin- or no- file consumers, including those who may not be gaining sufficient access to credit, TransUnion introduced today the TruVision Alternative Bank Risk Score."
Business Wire
"Peach Finance today announced it is powering Square’s credit card offering. The credit card integrates directly with Square’s broader ecosystem of solutions, enabling sellers to manage their cash flow from the same platform they use to run their business."
Business Wire
"During the 2025 Chinese New Year, Alipay recorded a significant increase in China’s outbound and inbound travel spending. Through the Alipay+ cross-border mobile payment and digitalization solutions, Chinese travelers, along with users of the other 34 e-wallets in Asia and Europe, can use their own home payment app across 66 markets without the need to exchange currency or carry cash."
Open Banking Expo
"Payments Canada membership eligibility is set to expand to include payment service providers, as defined in the Retail Payment Activities Act, that perform retail payment activities; credit union locals that are members of a central or a cooperative credit association; and finally, to clearing houses of designated clearing and settlement systems."
FastCasual.com
"Olo, a provider of restaurant technology, is partnering with FreedomPay to improve restaurant payment experiences nationwide. The partnership also deepens Olo's relationship with Stripe, a financial infrastructure platform for businesses, which will include in-person transaction processing."
Mastercard
"Mastercard is teaming up with Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch and six other 'sesquipedalian' — a long way of saying long — towns across the continent to take the pain out of online shopping, with Click to Pay."
FIS Global
"FIS today announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the Federal Reserve’s FedNow instant payment service. The addition of send capabilities and real-time alerts will enable FIS’ financial institution clients to fully harness the entire FedNow service by providing their consumers and commercial borrowers with a modernized and unified digital payment experience."
Business Wire
"Checkbook's Global Push-to-Card service is now live in multiple countries, with plans to extend its reach further in 2025. The expanded service utilizes Visa Direct’s extensive network, which offers access to 4 billion eligible cards."
Consumer Financial Protection Bureau
"On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB)."
Fashion Network
"The United States has proven to be one of the most popular destinations for Chinese tourists. In order to capitalize on this popularity, China’s WeChat Pay is making a move stateside, launching in North America for the first time for a partnership with Citcon, a mobile payment program aimed at connecting merchants around the globe with Chinese travelers."
Digital Transactions
"Leveraging tie-ins with sister companies to facilitate payments and converting fiat currency to cryptocurrency are some of the possibilities that lay ahead for XMoney, the digital wallet from social-media platform X, in the wake of its partnership with Visa Inc."
The Clearing House
"The RTP® network has achieved a major milestone, surpassing 1 billion payments – just 18 months after crossing the 500 million transaction mark. After taking more than five years to reach the first half a billion payments, the network’s recent rapid growth underscores the expanding acceleration of instant payments adoption in the United States."
PR Newswire
"Jack Henry™ announced its collaboration with Visa to offer Visa Direct through Jack Henry Rapid Transfers™. The addition of Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets, is part of Jack Henry's previously announced alliance with Moov to enable community and regional financial institutions to offer digital payment services to consumers and small and medium-sized businesses (SMBs)."
The Print
"In a significant move, India and Russia are in negotiation over the use of their respective payment systems, RuPay and MIR, in both countries, as Moscow continues to face Western sanctions over its banking systems since the start of the war with Ukraine in February 2022."
Retail Technology Innovation Hub
"Open Banking platform, Yapily, has agreed on a partnership with Adyen. It will use the features to "streamline onboarding and strengthen account verification, giving merchants across Europe a more seamless, secure experience. Additional Open Banking driven services, including creditworthiness assessments for loan decisions and beyond will be explored."
Glenbrook Partners, LLC
"After we declared 2024 the year of the regulator, 2025 looks to be quite different. We’ve been thinking about the tension that’s emerged in the regulatory space as a result of the change in government, especially since the CFPB has been particularly active in the months leading up to Trump’s second inauguration. Let’s get into our (not legal advice!) thoughts on what we see playing out in Washington, and what it might mean for the payments industry."
Banking Frontiers
"The widespread adoption of digital transactions, while providing unparalleled convenience and efficiency, has also led to an increase in fraudulent activities, raising serious concerns that require collective action. To mitigate the risks associated with mobile number misuse, the RBI has advised the Regulated Entities to implement the following measures...."
NAB News
"Customers shopping on Amazon.com.au can now use ‘PayTo’ to make a purchase directly from their bank account in a seamless, secure way, removing the need to provide card details."
India Retailing
"Flipkart, India’s leading e-commerce marketplace, has introduced a credit card bill payment feature on Flipkart Pay, further strengthening its position as a comprehensive digital payment platform."
WIRED Middle East
"Is tokenization the key to a more secure and reliable future for payments? At EDGE 2024, Jorn Lambert , Mastercard’s Chief Product Officer, shared his insights on how tokens will influence the movement of money in the evolving digital economy, supported by safe biometric authentication."
FedPayments Improvement
"Depending on what you read and who you speak with, generative artificial intelligence (Gen AI) is either a big problem or the solution to a multitude of challenges. It can be both in the case of synthetic identity fraud, as explained in a new downloadable resource of the Federal Reserve’s online Synthetic Identity Fraud Mitigation Toolkit."
Consumer Financial Protection Bureau
"The Consumer Financial Protection Bureau (CFPB) today ordered the international remittance company Wise to pay nearly $2.5 million for a series of illegal actions, including advertising inaccurate fees and failing to properly disclose exchange rates and other costs."
Business Wire
During another record-breaking holiday shopping season with retail sales growing 4% over 2023, gift cards also saw significant year over year growth. According to the latest consumer research from global branded payments provider, Blackhawk Network (BHN), 56% of surveyed consumers reported that they purchased a gift card this holiday season, an 8% increase over 2023.
Business Wire
"NMI®, a global leader in embedded payments infrastructure, announced NMI Customer Token Vault, a new extension to the NMI Gateway. Customer Token Vault introduces network tokenization with dynamic tokens issued and managed by major card networks, along with the ability to securely store and protect sensitive card data for processor agnostic provider tokens."