The Fed’s Quarles points to downsides of digital currency
U.S. Federal Reserve Vice Chair for Supervision Randal K. Quarles made disparaging remarks about a potential U.S. central bank digital ...
Tag: digital payments
Wealth management referral platform Smart Asset becomes latest unicorn
This week’s funding rounds added wealth management referral platform SmartAsset to the ranks of fintech unicorns, while a European payments provider, Indonesian BNPL player and South Korean financial app company respond to the demand for regional digitalization. Here are the week’s highlights: SmartAsset Wealth management ...
Touchless payments are here to stay, Amex says
The rise in digital and contactless payments among consumers and merchants is likely to stick post-pandemic as preferences shift from ...
5 Questions with Ben Soccorsy, Wells Fargo’s head of digital payments
In this monthly Q&A segment, FinAi News directs five questions to executives and industry thought leaders who highlight technology and ...
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 ...
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 ...
Mastercard to debut one-click checkout for online purchases
Taking a page from Amazon Pay, Mastercard is working with tech company EMVCo to create a one-click checkout experience for ...
3 Notable M&A Deals in Payments
Two of the biggest M&A deals in fintech history occurred in the past three months: Fiserv Inc’s $22 billion purchase ...
Nexi Raises $2.3 Billion in Europe’s Largest IPO in 2019
The initial public offering of payment-service company Nexi SpA raised 2.01 billion euros ($2.3 billion), making it the biggest listing ...
Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible
Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions ...
