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Tap to Pay on iPhone turns any of the tech giant's recent smartphones into a card reader, but since Apple doesn't provide its own merchant services, it stops short of becoming a direct threat to acquirers and payment facilitators.
February 8
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The U.K. financial technology startup GoCardless raised $312 million in new funding to speed up its expansion in open banking across products and geogrophies.
February 8 -
Borrowing on plastic climbed by $52 billion in the fourth quarter, the New York Fed found, as consumers splurged on holiday shopping and inflation drove up the cost of goods and services. It's the biggest jump in the 22 years the data has been tracked.
February 8
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PSCU is working with EnaComm to build web and mobile applications for prepaid cards.
February 8
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The card network joins a growing number of payment-card companies and fintechs providing digital bank accounts.
February 8
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The $650 million deal would add services for financial institutions seeking a faster path to upgrade their technology.
February 7
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Stablecoins are unlikely to be the future of payments despite their growing market value in the last two years, according to a Federal Reserve Bank of New York blog post.
February 7
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Six members of the Senate Banking Committee are asking questions about a flurry of lawsuits against credit card customers. The bank denies that it has resumed using robo-signing.
February 7
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On Sep. 30, 2021. Dollars in thousands.
February 7 -
The Pakistan-based buy now/pay later startup is expanding to the U.S. and regional markets by introducing its one-click checkout product, its CEO says.
February 7
