Technology

The credit card issuer trimmed its outlook on revenue and average loan growth, but maintained its target for net loss rates against the backdrop of an otherwise solid quarter. The company also announced a new co-branded credit card with Crypto.com. 

The British fintech last year added six sources to its Karma system, which allows employees to gain or lose points based on their behavior. Those points help determine bonus payments.

The USDC issuer is trying to connect financial institutions across borders for instant settlement, an industry goal that has proven elusive.

Revolut served more customers than HSBC last year. The British fintech aims to launch its Mexican bank in the coming months.

Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.

As criminals embrace new tools to exploit payment systems, Visa reports that older methods like enumeration and digital skimming are still thriving.

A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.

The growth of digital payments, coupled with the U.S.'s new open banking framework, may finally move the needle for an alternative form of credit decisioning.

As the user experience becomes fundamentally more digital, the separation of banking and commerce washes out. It all starts to look like data processing.

The group, along with partners Avalanche, B2C2, Galaxy Digital, U.S. Bank and Wintermute created Lynq, a real-time, yield-bearing settlement network.