Payments News

On The Web

nbsp;

Uncategorized

SPENN and Mastercard Partner to Boost Digital Inclusion in Africa

“SPENN and Mastercard have today announced a strategic partnership that will enable SPENN Mobile Wallet users – even those without bank accounts – to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions.  Under the agreement, SPENN will launch a Mastercard virtual card, giving its Mobile Wallet App customers new ways to access and pay for […]
nbsp;

Uncategorized

Global Payments to Acquire EVO in $4 Bln Deal to Boost B2B Segment

“Global Payments Inc said on Monday it would buy smaller peer EVO Payments Inc. for nearly $4 billion including debt, as the fintech firm seeks to expand its footprint in the business-to-business (B2B) space. Companies such as EVO strive to digitize and streamline B2B payments which are usually more complex than business-to-consumer payments as they […]
nbsp;

Uncategorized

ANZ Plus Improves Feature Offering

“ANZ today announced it has delivered a suite of new or enhanced features to its first ANZ Plus product, including BPAY, Pay to a PAY ID and instant access to a digital card. New features also include a Visa dynamic CVV (card verification value), providing customers with an extra layer of fraud protection when shopping […]
nbsp;

Uncategorized

Marqeta Announces Expansion of its Credit Platform, Further Empowering Customers to Design Innovative Credit Card Experiences with Greater Control and Speed

“Marqeta, the global modern card issuing platform, today announced a significant expansion of its credit platform with a new, intuitive dashboard and over 40 new credit APIs that enable customers to design, test, and launch differentiated credit card experiences. Marqeta’s credit platform provides customers with greater flexibility and control than legacy credit solutions, with customers […]
nbsp;

Glenbrook

LATAM Women in Payments (June 6, 7 2022)

Join Elizabeth McQuerry at the upcoming LATAM Women in Payments Symposium where she will moderate a panel on the new generation of payments systems. Please reach out to Elizabeth (elizabeth@glenbrook.com) to learn more.
nbsp;

Uncategorized

Apple Pay is Anticompetitive, says EU in Preliminary Ruling

“Apple has been hit with an antitrust accusation by the European Union over its exclusion of rivals from its Apple Pay mobile payment system. The EU has sent Apple a formal “Statement of Objections” with the preliminary view that Apple has abused its dominant position in mobile wallets on iOS.  “The Commission takes issue with […]
nbsp;

Uncategorized

ATM Software Standards Aim to Transform the Industry

“ATM software has reached a new era. It is now entering the realm of the cloud, as the CEN XFS Standard Committee is pressing forward with its new standard: XFS4IoT. This standard aims to be truly OS agnostic, while also integrating fully into the cloud. By doing this, ATM operators will more easily be able […]
nbsp;

Uncategorized

WSJ News Exclusive | Banks Weigh Using Zelle to Challenge Visa, Mastercard

“Banks are debating a plan to bring Zelle to the checkout at big retailers. The money-transfer service boomed during the pandemic, when people avoided ATMs and replaced cash and checks with digital money transfers. Zelle recorded some 1.8 billion transactions in 2021 totaling $490 billion, both more than double their prepandemic levels.”
nbsp; nbsp;

Glenbrook

What’s the intersection of digital currency and the payments ecosystem?

Cryptocurrencies are dominating economic headlines. From the rise of NFTs to El Salvador making Bitcoin legal tender, there’s never a quiet day on the crypto frontlines.  And yet, amid all of the conjecture, no one has truly addressed the most pressing question: What’s the intersection of digital currency and the payments ecosystem? On October 20 – […]