Cards & Payments

Mastercard announced it has entered into an agreement to acquire the majority of the Corporate Services businesses of Nets, a leading European PayTech company, for €2.85 billion (approximately US$3.19 billion). The acquisition comprises the clearing and instant payment services, and...

Mastercard announced the launch of Identity Check Express, a next-generation, mobile-first authentication solution that aims to redefine the e-commerce journey for millions of Indian consumers. The solution, will help eliminate unnecessary friction and enhance the security of online transactions....

Even in 2019, there persists this idea in the mainstream that invention stems from the epiphany and late-night toil of the solitary scientist. The image stems from about two or three centuries ago, when medieval superstitions were being seriously...

Global payments provider Ingenico Group has launched TravelHub to connect travel companies with end-to-end payment processing across Asia, Latin America and Europe. With TravelHub, travel companies can access more than 150 payment methods with smart transaction routing capabilities intended to...

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions (BENEFIT) to develop a blockchain-powered B2B payments solution. Together, the firms are developing a platform to enable faster, more secure cross-border corporate payments that would allow companies to more seamlessly...

Following a year-long pilot, WhatsApp is now officially introducing a payments utility in India. The Facebook-owned messaging app is responding to the increased demand for digital payments in its largest market, Reuters reported on Friday (July 26). “It’s a regulatory approval...

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. A press release issued Wednesday (July 31) said ISO 20022 has the potential to promote...