Payments

This week in global news, U.K. banks suffer an online and mobile outage, Wordline enters the metaverse, a new cross-border payment option comes to Ukraine, and more.

Tandym, headed by a former Capital One executive, is rolling out a digital private-label credit card program that ties into sellers' loyalty programs. It has $60 million in backing from investors including Google’s AI-focused venture fund Gradient.

Cathy Beardsley, the CEO of Segpay, and Christiaan Brand, a security expert from Google, discuss how to overcome the hurdles that are still in the way of cryptocurrencies being widely used for payments.

10 things to know in May: The Credit Union Women’s Leadership Alliance is set to launch its coaching program, U.S. Senate confirms first Black appointee to Federal Reserve, and more.

One of the largest money-transfer services in the U.S. is attempting to broaden the adoption of digital currencies.

EMV and contactless payment technologies evolved at different paces around the world. Brian Byrne of the standards body EMVCo explains how the organization plans to cut through the clutter with its latest release.

The payment company has created a data pipeline to upgrade connections to storage clouds. It's a bid to make Stripe more appealing as competition from other fintechs heats up.

PayPal Holdings began laying off staffers who worked in risk management and operations this week as the firm seeks to shore up profits after growth in spending on its platform stagnated in recent quarters.

American Express is the first issuer to use the search giant's virtual card technology, which uses tokenized credentials to replace other authentication methods.

The payments startup Bolt Financial is cutting staff, its CEO said in a message to employees on Wednesday.