August 14, 2024
Mastercard and MetaMask Team to Launch Crypto-to-Fiat Card

Mastercard has launched a crypto-to-fiat card with Web3/blockchain platform MetaMask and cryptocurrency payments firm Baanx. The MetaMask Card, announced Wednesday (Aug. 14), lets MetaMask wallet customers use crypto for everyday...

August 13, 2024
Russian Central Bank Pulls Amex Subsidiary’s Banking License

Russia’s central bank has reportedly canceled the banking license of the in-country subsidiary of American Express. As Reuters reported Tuesday (Aug. 13), the central bank did so at the company’s request. American Express...

August 13, 2024
Mastercard Debuts Enhancements to Open Banking Program

Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. The new features, announced Tuesday (Aug. 13), lets Mastercard offer income and employment coverage to the...

August 12, 2024
Digital B2B Payments Turn User Experience Into a Superpower

Not all B2B payments have a great user experience (UX). But all great B2B payments elevate the end-user experience. The problem with building convenience into business payments is that, while...

August 08, 2024
The American Express Decision and its Critics

The Supreme Court’s 2018 American Express (“Amex”) decision was its first involving two-sided platforms since the emergence of platform economics. As the Internet continues to facilitate the growth of two-sided...

August 08, 2024
GenAI Tools Show Promise of Reducing Payments Fraud by 85%

The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Conventional rules-based systems, relying on static rules and predefined patterns,...

August 06, 2024
Zafin and 10x Partner to Facilitate Core Banking System Modernization

Zafin and 10x Banking have partnered to enable banks and financial institutions to modernize their core systems incrementally. This phased approach makes the implementation less disruptive while delivering immediate value,...

August 05, 2024
CredibleX and Fracxn Partner on Financing Solutions for Small Businesses

CredibleX and Fracxn partnered to provide small- to medium-sized businesses (SMBs) with access to a variety of financing solutions. With this collaboration, Fracxn’s instant financing solutions for SMBs will be...

August 02, 2024
They Said That: Notable Quotables for the Week of July...

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Here are some of the most notable quotables for...