Payments

Revolut works on its internal culture, Splitit collaborates with Alipay, and more.

The Federal Trade Commission singled out Mastercard in its recent proposed consent order, but other implicated card networks and issuers are unlikely to escape censure.

The processor wants to accommodate multiple mobile wallets and real-time processing.

Crypto pain deepens, credit union merger is official and more in banking news this week.

Some Affirm customers reported duplicate charges this week to their bank accounts for Affirm's buy now/pay later loans. The San Francisco-based fintech on Friday said it's resolved the problem.

By extending access to easy payments and delivery to more merchants, the e-commerce giant can gain ground in the "super app" race.

Because they have mature revenue streams or can support embedded finance, payment companies may find themselves favored by investors at a time when other tech firms are tightening their belts.

Amex signed a deal to buy Nipendo, a Tel Aviv-based startup whose technology reduces business check usage by laying the groundwork to digitize payments between buyers and suppliers.

TCH wants to boost adoption of its real-time payments rail without undermining the Federal Reserve's option, which is set to launch this year.

Ant Group's Alipay teams up to expand mobile wallet acceptance, CaixaBank forms a cybersecurity consortium, Santander plans buy now/pay later for businesses, and more.