The Curious Case of Chile and the Central Bank Digital Currency
In the ever-shifting sands of global finance, a curious development has emerged from the South American nation of Chile. The Banco Central de Chile, the country's central bank, recently published a...
View ArticleThe Contradiction at the Heart of America's Commercial Card Empire
The United States reigns supreme in the global commercial card market, a colossus processing a staggering 58% of all transactions in 2023. This dominance, however, masks a troubling undercurrent: the...
View ArticleWells Fargo Unveils Signify Business Cash Mastercard for Businesses
Wells Fargo & Company (NYSE: WFC) has unveiled its latest offering for business owners, the Signify Business Cash World Elite Mastercard, designed to address the needs within the cash rewards...
View ArticleThe E-CNY: China's Digital Dilemna
China, the land where cash was once king, is hurtling towards a digital future. At the forefront of this revolution is the e-CNY, the country's audacious attempt at a central bank digital currency...
View ArticleWhy Your Receipt Might Be Lying to You
For online shoppers, the checkout page often feels like the happy ending. You've found the perfect ebook, snagged that must-have in-game item, or secured access to the latest streaming service. Click,...
View ArticleUnited Fintech Opens DIFC Office, Targets UAE's Financial Sector
United Fintech, the financial technology company headed by Christian Frahm, has announced the opening of its new office in the Dubai International Financial Centre (DIFC). This expansion into the UAE...
View ArticleThe Growing Threat of CNP Fraud
While online shopping sprees and tap-and-pay convenience define the modern spending experience, a hidden danger lurks beneath the surface – Card-Not-Present (CNP) fraud. As e-commerce and mobile...
View ArticleBroadridge Strengthens Presence in Canada with Acquisition of Wealth...
Broadridge Financial Solutions plans to acquire Kyndryl's Securities Industry Services (SIS) platform. SIS provides settlement, account record keeping, and tax, among other services, for Canadian...
View ArticleAmerican Express and Worldpay Forge Agreement to Empower Small Business
American Express and Worldpay have announced a new collaboration aimed at facilitating smoother transactions for small businesses, particularly in welcoming American Express Cardmembers. This agreement...
View ArticlePaysafe Sees Turnaround with Q1 Net Income of $3.1 Million
Global payments provider Paysafe has released its Q1 2024 earnings report, revealing strong financial performance and continued growth across key business segments. The company reported an 8%...
View ArticleFinastra Takes the Lead in ISO 20022 Compliance
The financial industry, notorious for its glacial pace of change, is about to experience a bit of a foxtrot. No top hats and canes required, but rather a coordinated shift towards a new standard: ISO...
View ArticleVisa Partners with Worldline on Virtual Card Solution for Travel Agencies
Recognizing the pivotal role of virtual cards in boosting operational efficiency, online travel agencies (OTAs) are actively forming strategic alliances to streamline their business operations....
View ArticleBBVA's Quantum Leap into Financial Problem-Solving
The financial industry, often seen as a bastion of tradition, is taking a bold step into the uncharted territory of quantum computing. BBVA, a Spanish multinational banking giant, recently announced a...
View ArticleCross-Border Banking: Wirex Teams Up with OpenPayd for Virtual IBAN
To enhance financial services for customers across the UK and European Economic Area (EEA), OpenPayd, an embedded finance and Banking-as-a-Service (BaaS) platform, has announced a strategic partnership...
View ArticleHow AI is Reshaping the White Collar Workplace
Swedish fintech giant Klarna is quietly making waves, not just in the world of finance, but in the way we work. With a workforce of over 5,000, a staggering 90% of Klarna's employees are wielding a new...
View ArticleKlarna and Nets Collaborate for Payment Options in Nordic E-commerce
Nets, a member of the European PayTech Nexi Group, has announced a strategic partnership with Klarna, an AI-powered global payments network and shopping assistant. The collaboration aims to introduce...
View ArticleThe Curious Resilience of Cash
Cash. The crinkle of a bill, the satisfying heft of coins in your pocket – a physical connection to our financial lives that, in our increasingly digital world, feels almost quaint. A 2024 study by the...
View ArticleAdyen Brews Up Global Expansion with Cotti Coffee Partnership
Financial technology platform Adyen has recently announced a partnership with Cotti Coffee, a globally expanding coffee chain. This collaboration aims to bring Cotti Coffee's brews to customers in...
View ArticleCentral Banks and Blockchain: A Calculated Gamble
The once-stodgy world of central banking is experiencing a surprising jolt. Forget the image of dusty vaults and meticulously counted reserves. In May 2024, the Bank for International Settlements...
View ArticleHow Mastercard's Multi-Token Network is Bridging the Digital Divide in Finance
The financial world is undergoing a metamorphosis. On one hand, traditional institutions like banks hold the reins of trust and established infrastructure. On the other, blockchain technology promises...
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