Inside Mastercard’s Q3 acquisition, innovation strategy
Two acquisitions and several new products are supporting Mastercard’s ongoing innovation efforts. “All that we’re doing on strengthening our product...
Payments
BofA says U.S. may take action over money laundering, Zelle
Bank of America Corp. said US regulators may take action against the firm over its efforts to detect suspected money...
5 questions with … Terry O’Neil of Citi Retail Services
Citi Retail Services monitors client feedback to drive innovation efforts, Terry O’Neil, head of connected commerce and strategic growth for...
Revolut Business, Amex team up for payments acceptance
London-based Revolut Business is accepting American Express cards to boost revenue. Revolut clients can accept American Express card payments via...
Transactions: PayNearMe, PayPal expand integration
Payments platform PayNearMe announced Oct. 3 that it will integrate PayPal’s full-stack processing capabilities into its platform. “Reliability is of...
Small FIs onboard FedNow for growth, efficiency
As real-time payments become integral to growth strategies, small financial institutions are increasingly signing on with instant payment rail FedNow...
FedNow could soon expedite FEMA payments for hurricane survivors
Survivors of future natural disasters like last week’s devastating Hurricane Helene, could soon be able to receive Federal Emergency Management...
Transactions: Amex, Boost team up on virtual card
American Express and Boost Payment Solutions will provide commercial card processing to U.S.-based American Express merchants, the pair announced Sept....
Transactions: Citizens Bank, Navan team up for travel expense management
Citizens Bank has teamed up with Navan to provide its commercial customers with travel expense solutions. “Dynamic travel policies are...
KeyBank to hold off on FedNow until DDA reach hits 5%
NEW YORK — KeyBank is hesitant to join the Federal Reserve’s real-time payments network FedNow until the payments rail shows...
