John Adams is executive editor of payments for American Banker.
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The major U.S. card networks are pursuing financial inclusion in Egypt, the Reserve Bank of India works to bring central bank digital currencies to more users, and other news in this week's global roundup.
February 14 -
Shared services organizations PSCU and Co-op Solutions are offering post-purchase buy now/pay later loans, with the goal of reaching consumers who are concerned about managing their credit.
February 13 -
Mastercard, Visa and American Express are reportedly preparing to add merchant codes to identify firearm purchases, forcing the networks to straddle a hot-button issue in an election year.
February 12 -
With countless fintechs nipping at its heels, the bank is working harder to be a one-stop shop for e-commerce, retail store management, payments and authentication.
February 12 -
The city's pilot program enables asylum seekers to pay for food and baby products — reducing government overhead while introducing newcomers to the local economy.
February 9 -
CEO Alex Chriss told analysts the company's AI-heavy product rollouts won't improve financial results in the near-term.
February 7 -
Virgin Money has cut about 150 jobs and 39 branches thus far in 2024, the Central Bank of Nepal has hired ACI Worldwide to build a payment switch to enable interoperable card payments for merchants, and more.
February 7 -
PayPal hopes to demonstrate its coin's utility by using it to take a stake in a company called Mesh.
February 2 -
Banks can choose to only receive transactions instantly, and it's the most popular choice. Simply preferring to get paid faster isn't the reason.
February 1 -
U.S. consumers remain healthy despite several factors that weigh on their spending, said CEO Michael Miebach.
January 31
