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The payments app is gradually adding network support for substitute card numbers, which can reduce friction at the point of sale while providing fraud protection.
February 9
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Amex and Microsoft are developing a business-travel expense approach that gives users a green, yellow or red code indicating whether an expense is approved, under consideration or rejected.
February 9
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The buy now/pay later lender posted larger-than-expected losses, and following its layoffs it will deemphasize products with an uncertain short-term outlook, such as crypto trading.
February 8
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Bank of England releases digital pound details, CBA adds anti-scam tech, and more. Here's what's happening around the world.
February 8
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The loyalty tech provider aims to bypass credit card networks with an account-to-account payment option leveraging faster payment rails. Observers say it faces long odds for mass adoption.
February 8
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Visa is opening a new office in Atlanta as the payments giant proceeds with plans to triple its workforce in the city even as rivals cut back on their staffing.
February 8
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Companies like CarParts.com and Affirm are tailoring loans for auto repairs, travel and other areas where borrowers are most sensitive to ballooning prices.
February 8
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The U.K. payment company is working to boost its profile in the U.S. and Asia through local partnerships, as it battles Stripe and other fintechs on the global stage.
February 7
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EWA provider ZayZoon is seeing steady growth with an option that offers extra funds when users choose to receive their payouts on a retailer gift card
February 6
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A core issue in the upcoming fight over late fees involves what data is being collected on card issuers' costs and losses associated with late payments.
February 3 -
Familiar face returns to Barclays, a goodbye by NFT at Mastercard and more in banking news this week.
February 3
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Stripe Chief Financial Officer Dhivya Suryadevara is planning to leave the firm to attend to family matters as the company continues to weigh options for raising liquidity.
February 3
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Banks, payment networks and fintechs are competing for a share of a sector that, on the whole, is growing faster than large corporations.
February 3
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The people leading the bank's strategy for EMEA are placing greater emphasis on real-time processing, digital assets, and emerging contactless technology.
February 2
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A plan released Wednesday by the Consumer Financial Protection Bureau was more aggressive than anticipated, leading to share price declines at Synchrony Financial, Capital One and Bread Financial. "This skews toward the worst-case scenario," one analyst wrote.
February 1
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Twitter signals plan for payments, Barclays opens banking pods as a branch alternative, and more. Here's what's happening around the world.
February 1
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Economic woes have driven more consumers to disavow legitimate card purchases via "friendly" fraud, but new card-network guidelines could help merchants fight back — and leave more issuers on the hook.
February 1
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As companies downsize and restructure, American Banker is tracking these decisions to help our readers understand how their industries are adapting.
February 1
