Payments

The San Francisco-based fintech Cardless has teamed with Amex and Simon Property Group, the nation's largest shopping mall operator, to launch a new credit card.

The rising value of the U.S. dollar has created higher demand for its use in cross-border e-commerce, just as a joint European/American instant processing project prepares for launch.

By applying its scale and expertise to security and compliance, the card network hopes to provide a comfortable option for cautious financial institutions and consumers.

"We're not used to seeing growth in our check business," said Deluxe's Tracey Engelhardt, who reports a 6% to 7% increase in revenue for check orders from businesses and consumers in each of the last three quarters, driven by various factors originating from the pandemic.

No, it's not about fingerprints this time. Banks are testing biometric technology to help spot unusual behavior that suggests the user of a P2P app like Zelle is being tricked into sending money to a scammer.

The London fintech is trying to build name recognition against established competitors like PayPal and Square.

The tech giant's planned savings account would receive deposits from the Apple Card's Daily Cash rewards, encouraging users to spend more on Apple's credit card as a way to build their balances.

Eyeing the 50 million artists, musicians and video game designers who develop online content for a living, Visa is partnering with several digital platforms to get payments, tips and donations in the hands of the creative community faster.

In global news this week, U.K. banks face more pressure on branch closures, Deutsche Bank launches a small-business banking unit with Fiserv, Bank of America adds to international payments, and more.

As more Americans live paycheck to paycheck, options for flexible salaries are proliferating, with several companies introducing new ways to for clients to offer payroll.