July 02, 2024
Nexi Enables Bancomat Pay Transactions on Amazon’s Italian eCommerce Site

Customers of Amazon’s Italian eCommerce site will be able to make purchases with Bancomat Pay, following the retailer’s new partnership with Nexi. In the collaboration between the two companies, Amazon.it...

July 02, 2024
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page...

After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa,...

July 01, 2024
State Bank of India Launches Web-Based Invoice Financing Solution

The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). The new MSME Sahaj solution allows the bank’s customers to...

July 01, 2024
Supreme Court Sides With Retailers in Debit Card Swipe Fee...

The Supreme Court handed a victory to retailers battling debit card “swipe fees.” The high court’s 6-3 ruling Monday (July 1) sided with the plaintiffs in a case challenging a...

June 30, 2024
Federal Judge Suggests Visa and Mastercard Can Afford Higher Settlement

U.S. District Judge Margo Brodie in Brooklyn rejected a preliminary $30 billion settlement between Visa Inc. (V.N) and Mastercard Inc. (MA.N) and merchants who claimed they were overcharged on swipe...

June 30, 2024
Swipe Fee Settlement Judge Says $30 Billion Agreement Is ‘Paltry’

Last week, a federal judge rejected Visa and Mastercard’s $30 billion settlement with merchants. Now, new court filings provide more detail about U.S. District Judge Margo Brodie’s rejection of the...

June 28, 2024
New Data: GenAI Emerges as Effective Weapon in Banks’ War...

Traditional rules-based systems for detecting payments fraud are increasingly inadequate due to the complex schemes devised by fraudsters. This leads to high false positives and limited adaptability. Predictive artificial intelligence...

June 27, 2024
This Week in B2B: Digital Innovation, Data-Driven Insights, FinTech Partnerships

Interoperability is viewed by many to be the holy grail of business-to-business (B2B) innovation. By enabling systems to work together seamlessly, businesses can reduce costs, improve accuracy, enhance security, and...

June 27, 2024
Are Stablecoins Winner-Take-All?

Stablecoins have the potential to significantly increase competition in payments and financial services, although achieving this is not certain. Success hinges on fostering a diverse ecosystem with multiple issuers and...