Technology

It is the largest global treasury bank so far to implement Mastercard’s direct debit service.

Two years after the country laid out plans for an instant-payments service backed by Saudi Arabia’s central bank, the project has gone live through a collaboration with Mastercard’s Vocalink and IBM.

The pandemic has caused dramatic changes in all industries, which adds extra stress on payment companies, says PXP Financial's John Bell.

From Coinbase and Grab to Affirm, technology companies are expanding their payments operations — and picking up billions of dollars in public listings.

The Federal Reserve and other central banks deciding whether to compete with private cryptocurrencies should heed the financial stability risks, such as expanding the economic power of governments and altering longstanding payments models.

Banks face increasing competition from fintechs, third-party lenders and large technology companies as customer demands evolve, says Mastercard's Fabrizio Burlando.

Chargebee, a startup that helps enterprises with subscription billing and revenue management, raised $125 million in funding and boosted its valuation to $1.4 billion, reaching so-called unicorn status for the first time.

he regulatory establishment in the U.S. and Europe, the DeFi market has too much momentum, contends blockchain investor Giamo Arcaro.

Comdata has launched Fintwist OnDemand to provide instant earned wage access services to working adults amid an increasingly crowded market for faster payroll payments.

By taking its U.S. card issuing technology to more countries, the fintech is becoming a bigger threat to the acquiring banks that focus on B2B payments.