Fintech
Mastercard Expands Embedded Virtual Card Technology to Transform Commercial Payments
Mastercard is set to revolutionize commercial payments with the launch of a new program designed to integrate embedded virtual card technology seamlessly into ...
Fintech
Global: QorPay Integrates Visa Platform Connect to Enhance Payment Solutions
FinTech company QorPay has strengthened its payment ecosystem through a collaboration with Cybersource, integrating Visa Platform Connect (VPC) and other Visa value-added services ...
Global
European Payment Alliance Advances Instant Cross-Border Transactions
The European Payment Alliance (EuroPA) has initiated a major shift towards instant cross-border payments by integrating mobile transfer schemes such as Italy’s Bancomat, ...
Global
Global: xAI Acquires X for $45 Billion to Launch AI-Powered Content Platform
Elon Musk’s artificial intelligence company, xAI, has officially acquired his social media platform, X, in a multibillion-dollar deal aimed at creating a next-generation, ...
Global
FDIC Introduces ‘New Approach’ for Banks Engaging in Crypto Activities
The Federal Deposit Insurance Corporation (FDIC) has announced a significant shift in its regulatory approach, allowing FDIC-supervised institutions to engage in cryptocurrency-related activities ...
Global
Cleo AI Agrees to $17 Million Settlement in FTC ‘Fast Money’ Case
Online cash advance provider Cleo AI has reached a $17 million settlement with the Federal Trade Commission (FTC) following allegations that the company ...
Global
Global: Standard Chartered Rolls Out Generative AI Tool Globally
Standard Chartered has launched a Generative AI-powered tool, SC GPT, across 41 markets, enabling over 70,000 employees to enhance operational efficiency and client ...
Global
Global: CFPB to Revoke BNPL Rule Amid Legal Challenge
The Consumer Financial Protection Bureau (CFPB) is set to reverse its stance on Buy Now, Pay Later (BNPL) regulations, retracting an interpretive rule ...
Fintech
Global: Visa and Extend Partner to Expand Virtual Card Solutions for Middle-Market Businesses
Visa has entered into a referral agreement with virtual card and spend management platform Extend, aiming to enhance digital payment solutions for emerging ...
Global
World Bank to Invest $15 Million to Enhance Nigeria’s Statistical Infrastructure
The World Bank has highlighted concerns over Nigeria’s statistical performance, emphasizing that the country is lagging behind its aspirational peers, including Mexico, Colombia, ...