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Latest Results from /payments

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Amazon Mexico adds Kueski BNPL payment option

Amazon has added buy now, pay later outfit Kueski as a payments option for shoppers in Mexico.

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US falling behind peers on CBDC progress, warns think tank

The United States' slow progress on central bank digital currencies is seeing it fall behind the likes of China, India and the European Union on the future of money, warns think tank The Atlantic Council.

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Could CBDCs help prevent fraud?

Mandatory reimbursement for victims of authorised push payment (APP) scams came into full effect under the Payments System Regulator (PSR) at the end of last year.

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Mastercard bids to kill passwords with new biometric service

Mastercard is hoping to consign passwords to the history books with a new biometric authentication service.

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Venmo, Zelle and Cash App leave users vulnerable to fraud - Manhattan DA

Manhattan's district attorney has written to the firms behind Venmo, Zelle and the Cash App, calling on them to up their security measures in the face of growing fraud.

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PayPal unveils AI-based products

PayPal has unveiled a host of new AI-driven features for the new year but the plans failed to convince the market, with the payment giant's shares down more than four per cent in afternoon trading.

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US community currency Bilt Rewards scores $200 million fund raise

Defying the downturn in fintech, US loyalty platform Bilt Rewards has scored a massive $200 million fundraise, catapulting the value of the company to $3.1 billiomn.

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Digital pound consultation: User privacy and access to cash key concerns

The UK Government has vowed to pass primary legislation guaranteeing user privacy in the event of a future digital pound.

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Mondu plots European expansion

Berlin-based B2B buy now, pay later startup Mondu is set to expand across Europe after securing €30 million in debt financing from Vereinigte Volksbank Raiffeisenbank.

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Tink launches risk engine to unlock instant payments

Open banking platform Tink has launched a rules-based risk engine to protect merchants from fraud on instant payment rails.

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Revolut unveils Mobile Wallets for cross-border payments

Fintech giant Revolut has launched a service, Mobile Wallets, designed to make it easy to send money abroad.

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BIS and Bank of England seek advisors for financial crime project

The London innovation hub of the Bank for International Settlements is inviting applications for an expert advisory group on a Bank of England-led project on financial crime fighting.