Cards & Payments

CME Group, the world’s leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced their enhanced cross-margining arrangement has received Securities and Exchange Commission (SEC) and...

Global payment giant PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin (BTC). On Sept. 11, PayPal introduced new on- and off-ramps for Web3 payments, allowing users in the United States to convert their...

Xbox, Barclays and Mastercard announced the Xbox Mastercard, Xbox’s first-ever co-branded credit card in the United States. The no annual fee card provides players with best-of-both-worlds value they need for gaming and everyday purchases, including points to redeem on...

NatWest has selected Icon Payments Framework (IPF) to accelerate the bank’s payments modernisation as it continues to align with the new global ISO 20022 payment data message standards. The partnership allows Natwest to initially leverage a Single Euro Payments Area...

Astra Tech, a consumer technology holding group in the MENA region, has partnered with Ant Group, one of the world’s largest digital payment platforms. This transformative collaboration will witness the integration of Alipay+’s global cross-border digital payment and marketing solutions...

Reliance’s newest entity Jio Financial Services (JFS) will have products in the payments and insurance segments in India besides being in the asset management business, Reliance chairman Mukesh Ambani said during the 46th annual general meeting (AGM) of the...

Bank of America has rolled out its new solution, Global Digital Disbursements, to its commercial clients holding deposit accounts at the bank’s branch in Canada. The company is providing the solution through Interac e-Transfer, a money movement solution offered by...