Visa and Mastercard currently rank 7th and 11th on the S&P 500; their stock prices have increased around 50% over...
China’s central bank as accepted Amex’s application to start a bank card clearing business, but they still need to receive...
Mastercard said today that is acquiring Finicity, a leader in real-time access to financial data, for $825 million; there is...
Morgan Creek Digital Joins $3.1 Million Round for Tokenized Real-Estate Firm Finxact Secures $30M in Equity Funding Goin Raises €2.2M...
After the Bust, Are Bitcoins More Like Tulip Mania or the Internet? Google’s Ulku Rowe on how innovative financial services...
Santander’s partnership with MasterCard will make them the first UK big five bank to issue a debit card with MasterCard;...
WhatsApp launches payments in Brazil and is unceremoniously shut down by the central bank a week later, MasterCard buys Finicity to protect itself against Visa’s recent acquisition of Plaid, Checkout.com continues its largely silent meteoric rise in payments, Softbank-backed and DAX 30 index component Wirecard “loses" $2 billion from its balance sheet and files for insolvency, Upgrade raises $40 million at a $1 billion valuation to extend its personal credit offering.
After a successful pilot last summer Venmo has started to roll out instant bank transfers; the service will require a Visa or Mastercard debit card and allow for transfers to be done within 30 minutes for $0.25 fee; the free version of bank transfers will remain; PayPal, who owns Venmo, hopes the instant transfers will help with revenues. Source.
The Wall Street Journal is reporting that Facebook has been quietly working on a new cryptocurrency-based payments system. Dubbed Project...
Facebook plans to reveal their crypto plans next week and now they count a group of impressive backers to support...