March 11, 2024
Commercial Cards in Action: Businesses Gain Working Capital Flexibility

Against today’s shifting macroeconomic backdrop, companies are prioritizing their agility and ability to react to unforeseen events. Increasingly, firms are backing that ability up with savvy working capital management strategies...

March 11, 2024
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms...

If there’s a surety in financial services, it’s that hackers and bad actors probe ecosystems and platforms for points of vulnerability, looking for weak links to yield access to data...

March 11, 2024
Tokenized Credentials Accelerate Fraud Reduction and Get Higher Approval Rates

The holy grail of payments — for merchants, for consumers and financial institutions — has two essentials: Reduced friction, and reduced fraud. Individuals want to be “known” to the entities...

March 11, 2024
Nexi Picks Mastercard for European Open Banking Partnership

Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across Europe,” the companies said in...

March 11, 2024
Why the Credit Card Competition Act Won’t Lower Merchant Interchange...

In 1955, the island nation of Borneo was in the throes of a serious malaria virus outbreak. It turned to The World Health Organization for help. WHO recommended spraying massive...

March 11, 2024
Real-Time Payments Need Orchestration Layer to Solve Interoperability Gap

The financial landscape is rapidly evolving in an era of faster payments, presenting a blend of opportunities and setbacks. One of the major hurdles that U.S. banks are facing today...

March 10, 2024
Eye Security Raises $39 Million Led by JPMorgan as EU...

Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The Wall Street Journal (WSJ) reported...

March 10, 2024
White House Wants UnitedHealth to Expedite Payments Following Hack

The White House wants UnitedHealth Group to speed payments to healthcare providers following a recent cyberattack. In an open letter published Sunday (March 10), the U.S. Department of Health and Human Services and...

March 10, 2024
UnitedHealth Cyberattack Could Hurt Hospitals’ Credit

American healthcare providers may see their credit hurt following the recent cyberattack on UnitedHealth. That’s according to ratings agency Moody’s, whose projections were cited in a Sunday (March 10) report by Seeking Alpha....