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In global news this week, the U.K. debates a plan to protect cash, the EU sets a timeline for its Digital Markets Acts, PayPal and Standard Chartered invest overseas, and more.
May 11
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The card company and financial institutions are collaborating with cross-border settlement platform Carbonplace to improve processing and risk management for environmentally-focused transactions.
May 10
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Card issuers have pushed for more direct access to iPhones for years, and with the tech giant's policies facing fresh political and legal heat, Wells Fargo exec Ukrike Guigui says a more open mobile payment market would benefit merchants and consumers.
May 10
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Twenty companies have joined the “Visa Ready” list of suppliers offering streamlined connections to installment loans online and at the point of sale.
May 10
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The standards body's new guidance would prevent vendors from managing multiple protocols in different countries.
May 9
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The bank is working with invoicing vendor IFG to simplify the process of paying multiple suppliers.
May 9
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Citing inflation’s effect on rising payment card pricing, the senator convened a Judiciary Committee hearing to reassess rules that resulted in caps on debit transaction fees 11 years ago.
May 6
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Shortly after the reveal of Stripe Financial Connections, the CEO of its longtime partner Plaid took to Twitter to accuse the company of exploiting their relationship to build the new service. At stake is the growing market for digital transactions.
May 5
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Financial losses stemming from sanctions and the threat of cyberattacks are just some of the major concerns from across the industry.
May 5
