Payments News

On The Web

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Providers

Bunq Simplifies Group Payment Tracking and Adds Analytics

“European challenger bank Bunq is announcing a handful of updates today. You now get a better overview of your account with more insights on how you spend money. If you’re going on vacation with someone else, you can now choose to automatically add transactions to a Slice Group. There are also improvements to VAT management […]
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Providers

Here’s How the New Apple Card Could Put Pressure on Verizon and AT&T

““Any iPhone purchased with Apple Card would naturally entail monthly payments to Apple rather than to Verizon or AT&T. That would make the phone much more ‘portable’ between carriers. Coupled with the coming arrival of eSIM technology in Apple phones, switching between carriers for Apple Card holders could then be virtually frictionless,” the analysts said. […]
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Providers

How U.S. Banks Took Over the World

“A decade after fueling a crisis that nearly brought down the global financial system, America’s banks are ruling it. They earned 62% of global investment-banking fees last year, up from 53% in 2011, according to Coalition, an industry data provider. Last year, U.S. banks took home $7 of every $10 in merger fees, $6 of […]
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Deals

Spendesk Raises $38.4 Million for Its Corporate Card and Expense Service

“Spendesk is an all-in-one corporate expense and spend management service. It lets you track expenses across your company, empower your employees with a clear approval process and simplify your bookkeeping. The service essentially works like Revolut or N26, but for corporate needs. After you sign up, you get your own Spendesk account with an IBAN. […]
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Domains

POS Providers Invite Developers To Attract More Merchants

“As integrated payments continue to garner more interest from payments companies amid increasing merchant demand, two point-of-sale system providers are making it easier for developers to create software programs for merchants.  Revel Systems Inc. last week launched Revel Integrated , a program that offers developer tools and infrastructure to integrate their work into the Revel […]
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Providers

Citigroup Doubles Down on Credit Cards Even As U.S. Economy Softens

“Citigroup, the third-largest U.S. card issuer, according to payments industry publication The Nilson Report, has been among the most aggressive promoters of zero-interest balance transfers. For a small fee, customers can move debt from a rival card onto Citi’s plastic and pay no interest for 21 months. That is currently the longest 0% deal in […]
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On The Wires

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Providers

Organic Payment Gateways Launches New Service Dedicated to Topical CBD Websites

“Even now, after the passage of the industry-changing Farm Bill, few domestic payment gateways and merchant providers allow CBD in any form, even topical only products as benign as a hemp soap. As the newly refreshed Organic Payment Gateways site states, “traditional, US-based credit card processing for topical CBD sites are available, you simply need […]