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Division that covers payments and remittances valued at more than $5bn
Introducing smaller players and novel technologies could create hacking vulnerabilities
Payments company also not concerned about threat from development of central bank digital currencies
Ajay Banga tapped by Joe Biden as institution shifts to greater focus on climate change
They have little exposure to the risks from borrowers in hard times and benefit when consumers feel flush
The fintech disrupters of the payments sector are no such thing
Consumers may not feel much benefit from greater competition
Card networks under investigation over levies on UK-EU transactions
Court ruling in lawsuit alleging profits from illegal content lead credit card issuers to distance themselves from TrafficJunky
The adult industry’s de facto regulator isn’t government, international convention or business itself. It’s Mastercard and Visa
Watchdog says Visa and Mastercard have increased cross-border transaction fees fivefold
Payments using gestures have struggled to gain widespread adoption among consumers
I need one to help pay for his day-to-day personal expenses
Planning highlights risk for western powers that sanctions reorder the international payments landscape
Plus, how informed. IQ uses artificial technology to underpin loan underwriting and Meta set to introduce virtual coins
Move by payment networks worsens country’s financial isolation over Ukraine invasion
The group faces some of the lowest cost pressures among financial services companies
Many products outlive their usefulness, but it is strangely difficult for companies to let them go
Groups to pay more than £33m after being found to have broken competition law
Decisions made this year have paved the way for a particular type of collective claim in 2022
US payments giant launches lending product with UK tech company Demica
Plus, pressure builds on Apple’s payments franchise and a Q&A with the co-founder of an Indian fintech modernising cash collection for small business owners
Deal for anti-money laundering company is payment giant’s latest move into digital assets
Tougher rules from the likes of Mastercard are being applied unevenly
Tim Stokely says Bank of New York Mellon ‘flagged and rejected’ all interbank wires linked to website
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