Sign in Subscribe

Daily News

New Innovation for Banks from Mastercard

New Innovation for Banks from Mastercard

Hey Payment Fanatic! At the annual Sibos conference in Beijing, Mastercard introduced Mastercard Move Commercial Payments, a solution that will transform commercial cross-border payments for banks and their business customers. Mastercard’s new solution offers near real-time, predictable payments with complete transparency. Banks now have a tool to optimize liquidity,

Cash App Pay Teams Up with Lyft for Seamless Payments

Cash App Pay Teams Up with Lyft for Seamless Payments

Hey Payments Fanatic! Starting today, Cash App and Lyft are partnering to make payments even easier for digital-first riders. With Cash App Pay now integrated into Lyft’s app, riders can pay for their trips without entering card details—just link Cash App and go. This partnership caters to Gen

Klarna Now Available at Checkout with Apple Pay

Klarna Now Available at Checkout with Apple Pay

Hey Payment Fanatic! Klarna, the AI-powered global payments network and shopping assistant, has just landed on Apple Pay, bringing its flexible payment options to even more users across the U.S. and U.K. Whether you're shopping online or in an app, you can now split your purchases

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