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Marcel van Oost

Swift Launches AI Fraud Defense for Cross-Border Payments

Swift Launches AI Fraud Defense for Cross-Border Payments

Hey Payment Fanatic! Swift is stepping up the game in fraud prevention with its latest AI-enhanced fraud detection service, set to launch in January 2025. After a successful pilot, this new feature promises real-time detection of suspicious transactions by analyzing billions of data points across Swift's vast network.

Aspire Secures MAS Approval for Payments License

Aspire Secures MAS Approval for Payments License

Hey Payment Fanatic! Aspire has just received in-principle approval for a Major Payment Institution license from the Monetary Authority of Singapore (MAS). This is a key milestone in Aspire’s mission to streamline financial services, offering everything from international payments to corporate cards and payables management—all through one seamless

Revolut Rivals Square, SumUp with New Terminal

Revolut Rivals Square, SumUp with New Terminal

Hey Payments Fanatic! Revolut is ramping up its competition against Square and SumUp with the launch of a new payment terminal designed for larger businesses and retailers. The London-based banking firm will debut the device, known as Revolut Terminal, in the UK and Ireland just in time for the busy

Citi and Mastercard Join Forces on Cross-Border Debit Payments

Citi and Mastercard Join Forces on Cross-Border Debit Payments

Hey Payments Fanatic! Big news in the world of payments! Citi and Mastercard are teaming up to simplify cross-border debit card payments, making it easier than ever for consumers and businesses to send money worldwide, 24/7. Citi is the first global bank to roll out Mastercard's Move

Stripe Tour NYC: 6 Must-Know Updates

Stripe Tour NYC: 6 Must-Know Updates

Hey Payments Fanatic! Stripe just dropped a series of updates at Stripe Tour NYC, and I’ve got the top 6 right here for you: Expanded Integrations: Stripe will soon integrate with 12 non-Stripe acquirers, including WorldPay. Crypto Payments Return: 'Pay with Crypto' is officially back! US businesses

Venmo Adds Payment Scheduling Feature

Venmo Adds Payment Scheduling Feature

Hey Payment Fanatic, Last week, I mentioned this new feature was coming, and now it's here. Venmo just rolled out a new feature that lets you schedule one-time or recurring payments or requests with friends and family. Whether it’s rent, utilities, or just regular living expenses, you

Bizum Is Introducing Bizum Pay to Rival Apple Pay and Google Pay

Bizum Is Introducing Bizum Pay to Rival Apple Pay and Google Pay

Hey Payments Fanatic! Bizum is stepping up to the plate, ready to take on Apple Pay and Google Pay with its very own NFC payment system, aptly named Bizum Pay. You can send money instantly to a contact using Bizum without fees. Bizum is already a go-to option for in-store