Payments

While American Express initially lost customers after JPMorgan Chase introduced the popular Sapphire Reserve premium card in 2016, the firm said it's seen a 60% increase in growth in Platinum accounts.

Ant Financial’s Alipay now allows international visitors to China to pay using its popular mobile app, following up from its aggressive campaign to expand Alipay’s acceptance around the world for Chinese visitors.

Germany’s Wirecard has taken a controlling stake in AllScore Payment Services, a Chinese company with a set of cross-border payments licenses Wirecard hopes will extend its reach to merchants with ties to China.

The organization moved forward with a new name in order to maintain brand consistency.

By understanding how bias becomes embedded in how we lead, recruit and advance others, we can change patterns and create inclusive organizations, says Wnet's Lisl Dutterer.

By using host card emulation, issuers can gain more control over their own mobile payment apps, says FIME's Christian Damour.

Discover Financial Services has promised to issue all new and replacement cards in the contactless format.

The Salvation Army is rolling out contactless payments technology at its 25,000 red kettles nationwide to combat the declining amounts of cash in donors’ pockets.

The team has already built three customer-facing AI tools this year, which it hopes to keep building upon.

Large tech companies have been driving home the message that they can help the many Americans who struggle financially. But there are good reasons to be skeptical of their intentions.