Payments

Universal standards such as the nonprofit nexo can support card payment acceptance stakeholders through a portfolio of implementation specifications and messaging protocols that harness the power and interoperability potential of the ISO 20022 standard.

While the European Union positions itself as one common, homogeneous market, the reality is that the European e-commerce market is very diverse with both leaders and laggards.

Advancements are bringing improvements to risk and user experience, but global reach remains a top priority, writes Marc Recker, global head of institutional market management and cash management for Deutsche Bank.

Pangea says it is developing a digital account after customers complained that the bank relationship they had wasn't "for them."

Amazon led a Series G funding round worth £475 million (about US$575 million) with three other investors for London-based food delivery company Deliveroo.

The fintech M&A wave is sweeping over the dining and fast-food industries, with major companies like Amazon, Walmart and American Express spending on smaller firms that focus on digital food delivery and payments.

Lawmakers are taking a closer look at the company’s data collection practices and its work on cryptocurrency payments, raising the possibility of more action down the line.

The idea stablecoin environment has variety, diversity and is decentralized, argues Matt Branton, CEO of Neutral.

The most enlightened regulator or legislator can’t match the dynamic intelligence of billions of market decisions by consumers, merchants, banks, networks and processors, argues Eric Grover, a principal at Intrepid Ventures.

The new initiative could help expose American credit unions to best practices in biometrics, payments and monitoring collateral from their counterparts in Africa, Asia and beyond.

While in its infancy in influencing B2B payments, AI ultimately will change the way businesses of all sizes run their financial operations, writes Rene Lacerte, CEO of Bill.com.

Elavon has joined a collaboration of travel industry partners to streamline the way online travel agencies pay airlines using virtual cards.

American Express has agreed to acquire Resy, a restaurant reservation booking and management platform.

Tencent Holdings Ltd. reported the slowest pace of sales growth since it went public in 2004, as China’s largest company struggles to revive a battered gaming division while battling the country’s decelerating economy.

The Italian family that founded a bank in the 14^th century and pioneered branches and letters of credit is now setting up a tech-forward, crypto-friendly disruptor in the United States.

Once banks offer digital invoice processing and order approvals, small businesses would no longer need to manage the risk and hassle of paper-based transactions, argues Erik De Kroon, CEO and co-founder of Yordex.

As new stadiums are being launched across a variety of sports around the globe with the latest entertainment options, older stadiums are using technology and premium culinary offerings to stay competitive and keep their fans engaged.

"Institutional support" spurs cryptocurrency price gains; the regulation limits what banks can charge for going negative on accounts.

Sainsbury’s has launched the U.K.’s first mobile-only checkout-free grocery store, inviting comparisons to what Amazon Go is doing in the U.S. But their models are far from identical.

It’s no overstatement to suggest that stored value plays a role in nearly all of our daily lives. This suggests that the digital transformation of these instruments should be life-changing. But that hasn’t happened—yet, writes Chris Demetree, CEO of Lazlo 326.