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Monzo raises a $430 million investment to accelerate its expansion in the U.S.; Stripe adds support for Tap to Pay on iPhone; and more in this week's global payments news roundup.
March 6 -
Brazil's Pix network, at just three years old, now accounts for 15% of all global real-time payments — and its success is inspiring projects in other countries.
March 6 -
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 -
The card network said that recent weeks' cold snap in key cities had a chilling effect on U.S. spending, and reaffirmed its sunny outlook for the year.
January 26 -
Longtime executive Raymond Joabar discusses how the card network mixes direct outreach and fintech partnerships to build a global network covering the U.K., the Caribbean and other regions.
January 22 -
The card networks are expanding their development of accelerators for women and minority-owned businesses, improving these entrepreneurs' access to venture capital.
January 11 -
In addition to Ant's possible deal to buy MultiSafepay and Adyen's work with Straumur, Visa has partnered with TECH5 on government ID and Mastercard is expanding its virtual-card network through Rawbank.
January 10 -
These executives have taken charge at firms like PayPal, Discover and Early Warning Servcies during a volatile time for the entire industry.
January 5 -
Projects are underway at a number of payment firms including PayPal, Circle and Ripple. Location and regulation will also play a big role in what the market looks like in the next year.
December 29 -
2023 saw a recovery in ridership and signs of progress for contactless boarding. But there's still lots of work to do.
December 28 -
Banks, payment companies, mortgage lenders and insurance providers are racing to seize an advantage from generative artificial intelligence. Some have been especially aggressive in deciding which workflows — or entire jobs — can be handed off to AI.
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Here's what's happening around the world
December 20 -
Visa, Mastercard and Global Payments discuss impacts on customer service, web content, security and more.
December 19 -
Visa, Mastercard, SAP, Circle and many other financial firms are launching digital card accounts with an emphasis on B2B clients.
December 8 -
Companies such as Visa and Mastercard, as well as banks and retailers, are stepping up their investments in artificial intelligence to reach small businesses and spot new uses.
November 3 -
Visa said Chairman Al Kelly, the payments giant's former chief executive officer, will leave the board in January.
October 19 -
As false credit-card disputes spike, the networks have updated policies to provide merchants and issuers with more data to combat false chargebacks.
October 13 -
In search of new revenue streams, the card network has researched companies' working-capital and cash-flow headaches to see where it could play a bigger role.
October 12 -
The firm's investors include Visa and PayPal, as well as the Teacher Retirement System of Texas
September 18 -
Visa and its rivals have seen spending increases cool with inflation soaring to once-in-a-generation levels.
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