Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years
- 3 weeks 1 day ago
- Payments
After nearly 20 years of litigation, Visa today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments. The agreement’s multi-year benefits for businesses include:
Barclays and Breeze Airways Unveil the Breeze Easy Visa Signature Co-Branded Credit Card
- 3 weeks 2 days ago
- Payments
Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.
Australia's Leading Spend Management Platform Weel Partners with Nium and Visa to Accelerate Global Growth and Customer Offering
- 3 weeks 2 days ago
- Payments
Weel, Australia's leading spend management platform, and Nium, the leader in real-time cross-border payments, today announced a new strategic partnership to help finance teams better manage their corporate spending. Nium will serve as Weel's preferred financial services provider, offering a comprehensive suite of products that will enable Weel to accelerate its global growth and customer offering.
Elavon and Softpay Offer SoftPOS Solution
- 3 weeks 2 days ago
- Payments
Elavon customers across Europe can now accept card payments with only their smartphone after the global acquirer and payments leader partnered with innovative Copenhagen-based Softpay to offer a SoftPOS payment solution. The game-changing technology allows merchants to turn any Android mobile device into a fully card-present payments terminal by simply downloading an application that integrates with the Elavon payments platform. No additional... more
Australian Fintech Stables Launches International Remittances Between Australia and The Philippines
- 3 weeks 2 days ago
- Money Transfers
Australian digital wallet provider and payment startup Stables has today announced the launch of international remittances for its thousands of users (focusing on the AU-PH Corridor). From today, Stables users in over 130 countries can send Australian Dollars or Philippine Pesos to over 140 million people across Australia and the Philippines, all powered by stablecoins.
Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border Transactions as Interlinking Solution Finds More Use Cases
- 3 weeks 2 days ago
- Cryptocurrencies
Swift has announced the findings of the second phase of industry-wide sandbox testing on its central bank digital currency (CBDC) interlinking solution, with the results showing that its connector can enable financial institutions to carry out a wide range of financial transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.
La Banque Postale and JCB Join Forces to Elevate Payments Experience for Travellers in France
- 3 weeks 2 days ago
- Payments
La Banque Postale and JCB today announced the signature of a partnership aimed at facilitating easy and seamless payment transactions for JCB cardmembers throughout France. This long-term collaboration will be rolled out in several major phases.
Unlimit Partners With Xiaomi to Improve GetApps Payments Experience for Brazilian Customers
- 3 weeks 2 days ago
- Payments
Unlimit, a leading global fintech company, today announced it has partnered with Xiaomi, one of the world’s leading consumer electronics and smart manufacturing companies, to strengthen the expansion of Xiaomi’s GetApps, the company’s app distribution platform for international markets in Brazil. By providing PIX, Unlimit will greatly simplify the payment process for GetApps’ local customers, and support GetApps’ development goals in the region.
Teya Announces Launch of the Business Account, a New Wallet and Debit Card Offering for Its Members
- 3 weeks 3 days ago
- Payments
The business technology company, Teya, announced today its latest product called the Business Account, a wallet and debit card offering designed for Teya members. In collaboration with Visa, a world leader in digital payments, the Business Account will allow Teya members to receive settlements directly in a Teya account and spend with a Visa Platinum Business Debit Card.
Hargreaves Lansdown Adds LHV Bank Personal Savings Products and First Cash ISA to Active Savings Platform
- 3 weeks 3 days ago
- E-Wallets
Personal savings products from LHV Bank, one of the UK's newest licenced banks, are now available on the Hargreaves Lansdown Active Savings platform, including the Bank’s first cash ISA product which will be available before the end of the current tax year. The UK’s number one platform for private investors, the Hargreaves Lansdown Active Savings platform gives savers access to a wide range of easy access and fixed rate products offering... more
Ericsson and Juniper Research Report: Mobile Financial Services Critical for Future MNO Growth
- 3 weeks 6 days ago
- Payments
Ericsson, in collaboration with Juniper Research, unveils the report “What Will Drive Mobile Financial Services’ Growth?”, providing profound insights into the dynamics of Mobile Financial Services (MFS) and transformative opportunities for Mobile Network Operators (MNOs) globally.
Amazon Uses Stripe Terminal to Power Payments for Just Walk Out Technology in Australia and Canada
- 3 weeks 6 days ago
- Payments
Stripe, a financial infrastructure platform for businesses, announced an expansion of its Amazon partnership by powering payments for retailers using Just Walk Out technology in Australia and Canada.
New Mastercard Report Reveals Key Trends & Opportunities to Digitize Remittances in Latin America and the Caribbean
- 3 weeks 6 days ago
- Payments
Mastercard has released a whitepaper on the state of remittances, also known as cross-border payments, in Latin America. Remittances play a key role in strengthening financial inclusion in the region, boosting economies, and alleviating poverty –often serving as an essential source of income for people in low- and middle-income communities.
TaxBit Expands Digital Asset Accounting Services, Adding IFRS and Multi-Functional Currency Support for International Customers
- 3 weeks 6 days ago
- Cryptocurrencies
TaxBit, the leading provider of compliance solutions for digital assets, today announced that the TaxBit Digital Asset Accounting Suite now supports International Financial Reporting Standards (IFRS) and multi-functional currencies, bringing the solution to a globally recognized standard for accounting compliance.