Payments

The U.K. fintech has added support for online and in-person transactions, potentially fueling its international growth even though it reportedly faces scrutiny over its accounting practices.

The coffee giant, a pioneer in mobile payments, will let customers earn or buy non-fungible tokens through its mobile app as part of an overhaul of its rewards program.

The German vendor, which competes with firms like Block and PayPal, plans to reward shoppers who use its wallet app with SumUp merchants.

Renovite Technologies supports reconciliation and security, and is part of a series of moves the bank is making to counter the fintech incursion into payments.

VTB, one of the largest state-run financial institutions in Russia, is allowing transfers in yuan without using the SWIFT messaging system. However, building scale without access to Western markets will be a challenge.

The new card is meant to make the advance-payroll offering a more appealing way to fight rising expenses.

Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts.

The total value of transactions flowing through Early Warning Service's peer-to-peer payments service rose nearly 30% during the second quarter, as more consumers used Zelle to pay recurring expenses.

The card network's test enables consumers to round up transactions to the nearest $1, $5 or $10 for donations to the organization of their choice.

In global news this week, Russia unveils its alternative to SWIFT, Revolut faces pressure in the U.K., Hong Kong reaches out for fintech talent, and more.