Payments

By merging with FTAC Olympus Acquisition Corp. and entering a B2B partnership with Mastercard, Payoneer is grabbing for a bigger share of the spotlight.

Mastercard and Visa's one-year delay is only a partial victory for retailers, who want the networks to have less power to set rates.

Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic.

North Korea and other rogue actors present a whole new threat to transaction security, says Capco's Julien Bonnay and Bryce VanDiver.

There are signs that participation in cardholder loyalty offerings is slipping. Credit unions must reengage members if they hope to retain those accounts.

Sen. Dick Durbin, D-Ill., went after Visa and Mastercard during an antitrust hearing Thursday in Washington, suggesting the card brands have likely been looking for a way to increase fees and offset previous legal or regulatory pressure on their pricing structures.

Payoneer is working with Mastercard to offer a new digital card for small businesses, e-commerce sellers and freelancers in the B2B market.

Customers and partners will view an easy and reliable payment experience favorably, says Billtrust's Justin Main.

Mobile banking platform provider N26 is expanding its rewards program through a partnership with card-linked offer platform provider Dosh, enabling customers to earn cash back when using an N26 debit card.

The update, delayed from last year, would be the most substantial change to the interchange rate structure in a decade — and the card networks have not signaled plans to delay it further.