Cards & Payments

The European regulators have once again gone on to put pressure on Visa and Mastercard. This latest round of scrutiny has zeroed in on scheme fees, which are the charges that are levied on banks that help in card...

India has asked the Financial Action Task Force - FATF, which happens to be a global money laundering watchdog, to decrease compliance needs when it comes to cross-border payments that are made through its homegrown system. The Unified Payment Interface,...

The digital payments ecosystem in India went on to witness historic growth in the second half of 2024, which was driven by the unified payments interface, also known as UPI. In addition to it, it was also pushed due...

In a recent move, Visa has reportedly offered to hand over $100 million to Apple so as to take over payment processing when it comes to its credit card, thereby replacing Mastercard. The offer comes due to Apple as it...

Vietnam Maritime Commercial Joint Stock Bank has signed a strategic cooperation agreement with TerraPay, a global money movement company. This collaboration will bring digital payment solutions and data capabilities to help MSB enhance efficiency and offer customers the best payment...

PayPal Holdings Inc. announced an expansion of its global strategic partnership with Shopify Inc. in the U.S. PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments, a solution for marketplaces...

AppBrilliance, a pioneer in real-time payment solutions with its cutting-edge Money API™ platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US. Companies like...