Vital Fed payment system experiences second delay of 2019
The Federal Reserve is investigating the second significant disruption in 2019 of a payments service administered by the U.S. central ...
Tag: payments
Cheatsheet: Why PayPal is suing the CFPB regarding its Prepaid Rule
PayPal this month filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) regarding fee disclosure requirements, arguing that the ...
UK startup Curve adds wearable payments as it plans US expansion
U.K.-based card startup Curve is launching payments through wearables, including on Garmin, Fitbit and Sony Wena devices. The company offers ...
BIS wants central banks at center of digital cash revolution
Central banks must embrace the revolution under way in digital money to ensure they remain at the heart of the ...
Japan cashless incentives could be extended as part of stimulus
Japan’s measures for encouraging the spread of cashless payments will likely need more funding beyond the end of March and ...
Paytm raises $1 billion at $16 billion valuation
India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors, ...
With Honey, PayPal focuses on the path to purchase
On Wednesday, PayPal agreed to acquire digital coupon platform Honey for $4 billion. Despite the hefty price tag, Honey offers ...
WorldRemit opens Toronto office to help grow Canadian customer base
U.K.-based digital money transfer company WorldRemit opened its Canadian headquarters in Toronto this week, a move that puts it in ...
Ant may join race for Singapore virtual bank licenses
Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move ...
Weekly Wrap: FICO fights fraud with selfies, as tech providers pitch ‘social’ banking
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, November 15, 2019. In ...
