With Wirecard, UnionPay takes aim at Visa, Mastercard
China's UnionPay, the world's largest card issuer with 57.6% of the world's payment cards in circulation, has global ambitions. Its...
Payments
Wells Fargo using blockchain for corporate international money transfers
Wells Fargo is turning to blockchain to speed up cross-border money transfers for its corporate clients. The bank is using...
GoCardless launches direct debit option for US payers
GoCardless, the direct debit payment company based in London, is now offering its payments solution to U.S. customers. The company...
Mastercard’s Miebach: Prepaid cards are not a niche business
Mastercard is doubling down on its prepaid card business, which it sees as fuel for the rise of many consumer-facing...
Retail rewards as in-app cash: Venmo embeds with loyalty programs
Brands have begun to Venmo their most loyal customers with rewards points converted to Venmo cash. Image via PayPal PayPal-owned...
Weekly Wrap: Varo drops goals-based savings, as banks woo SMEs with faster payments
Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, September 13, 2019. In...
Jack Dorsey’s Square is testing a new free stock trading service
Jack Dorsey’s Square already lets customers buy and sell Bitcoin on its popular Cash App. Soon, it may let them buy and...
Daimler Mobility expands ePayment services
Daimler Mobility is integrating its ePayment service, Mercedes pay, into Mercedes-Benz vehicles, the company announced at the International Automobile Exhibition...
US Bank acquires startup Talech to enhance point-of-sale tools for SMEs
In an effort to reach more merchants, U.S. Bank is hoping its acquisition of payments company Talech will help it...
Plugging leaks: Bento for Business uses tech to help clients streamline payments
As consumer payments go digital, startups and banks now are focusing on digitizing business-to-business payments, an area where small business...
