Latest Results from /payments
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Turkey's Garanti BBVA has rolled out a Mastercard contactless credit card with a built-in fingerprint scanner.
21 February 2024
Ecospend is looking to drive account-to-account payments into the mainstream via an open banking-only competition on national television network ITV.
Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.
20 February 2024
The European Central Bank says banks are "barking up the wrong tree" when they fret over the impact of deposit flight from a future digital euro, arguing instead that stablecoins and electronic money institutions pose more of a threat to the deposit base.
UK fintech startup Revenir AI has developed a white label app for banks to help travellers claim back VAT on purchases made abroad automatically using their phones.
19 February 2024
The use of digital payments around the world continued to grow in 2022, while the number of cash withdrawals and small-denomination banknotes declined, according to BIS figures.
Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics, and much more.
16 February 2024
Payments platform Checkout.com has reportedly suffered a £100.5 million loss in its UK company.
Nigerian digital bank Carbon has acquired Vella Finance for the launch of an AI-powered platform for SMEs. Financial terms were not disclosed.
Lawsuits are flying between JPMorgan and Viva Wallet, the European cross-border payments platform in which the US bank acquired a 49% stake last year.
15 February 2024
New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks and payment providers.
The European Central Bank has been explaining to MEPs its decision to search for possible providers to develop a digital euro platform and infrastructure.
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