March 21, 2024
CapOne Informs Regulators $35.3 Billion Deal with Discover Aims to...

Capital One has officially filed for regulatory approval for its proposed $35.3 billion merger with Discover Financial, a development that could potentially invigorate competition and enhance financial stability. Sources familiar...

March 21, 2024
Capital One to Regulators: Discover Deal Will Increase Competition

Capital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday (March 21) by Reuters, citing information shared by a source who had seen the bank’s...

March 21, 2024
FinTech and Bank Partnerships Will Boost Open Banking in the...

Dave Scola, CEO, U.S. at Form3, said the transformation of banking and financial services is demanding collaboration between traditional banks and digital upstarts. The most notable, and long lasting, changes in...

March 20, 2024
Merchants Leverage Split-Pay Plans to Drive Spending With High-Income Shoppers

As brands and retailers look for ways to win the spending of their highest-value customers, PYMNTS Intelligence research found that installment plans linked to bank-issued credit cards can go a...

March 20, 2024
Tracking Big Tech’s Responses to the EU’s DMA Gatekeeper Requirements

Under the EU’s Digital Market Act (DMA), which is intended to increase competition in the digital economy, Big Tech innovations — coming from both the U.S. and abroad — are...

March 19, 2024
Payment Networks and Providers Leverage Data, AI in Battle vs...

First-party fraud is, increasingly, warranting a first line of defense from the payments networks, using data and AI to uncover what’s really going on with transactions and whether consumers are...

March 19, 2024
Airtel and Noise Launch Smartwatch That Enables Contactless Payments

India’s Airtel Payments Bank partnered with smartwatch company Noise to launch a smartwatch that enables users to tap to pay. The Payments Bank Smartwatch enables hassle-free payments, Airtel Payments Bank said in a Tuesday (March 19)...

March 19, 2024
Mastercard Expands Cross-Border Offering With Alipay Partnership

Mastercard is expanding its cross-border payment solutions by connecting to China’s Alipay. The collaboration lets Mastercard’s bank, FinTech and corporate clients offer customers a connection to an e-wallet that has more than 1...

March 18, 2024
Interbank Pilot From Visa, Goldman and Others Seeks Real-World Blockchain...

For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector,...