June 20, 2024
Microservices Are at the Core of Core Banking’s Appeal
For traditional financial services players, core banking beckons as a way to enable other financial firms — banks and FinTechs included — to set up embedded payments, instant payments and...
June 20, 2024
TreviPay to Provide Payments, Invoicing Solutions to HDA Truck Pride
TreviPay will provide payments and invoicing solutions to a new program offered by HDA Truck Pride, an independent provider of parts and services to the commercial vehicle aftermarket. The FUSE...
June 19, 2024
Card Disputes Projected to Jump 40% as Friendly Fraud Persists
Shoppers are reportedly getting increasingly comfortable disputing credit card charges. That’s because consumers have discovered how easy it is to do so, the Wall Street Journal (WSJ) reported Wednesday (June...
June 17, 2024
Apple Shutters Pay Later as It Paves Broader Path for...
Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued. In the wake of that announcement, the company is...
June 17, 2024
Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global network and digital solutions and...
June 16, 2024
Discover’s Pulse Network Settles Antitrust Suit Against Visa
Discover’s Pulse Network has settled a 10-year-old antitrust suit against Visa. Pulse had accused Visa of preventing competition in the debit card network services market, thus raising fees for merchants....
June 16, 2024
Discover Financial Services’ Pulse Network Settles Antitrust Lawsuit Against Visa
Pulse Network, a unit of Discover Financial Services, has agreed to settle a long-standing antitrust lawsuit against Visa. The settlement, disclosed in a court filing on Friday in a federal...
June 14, 2024
WEX Appoints Jason Hancock Managing Director of International Payments Division
WEX has appointed Jason Hancock as managing director of its international payments division. Hancock has been with the global commerce platform since 2021, serving as senior director strategy, WEX Travel, and...
June 14, 2024
Deposit Tokens Gain Favor in Commercial Banking
There’s a new on-chain token in town, and it’s not the one you’re thinking of. While there exists a variety of “tokens” within the 21st-century payments and financial services landscape,...
Embedded finance can help nonfinancial brands reach their full potential by allowing customers to transact seamlessly wherever they are, reducing the risk of cart abandonment online, says Mastercard’s Sherri Haymond. Read more in the “Embedded Finance Tracker®,” a collaboration with Galileo,