BofA payments app for businesses handled record $500 billion by mid-year
Bank of America’s corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023,
July 25, 2024Bank of America’s corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023,
July 25, 2024The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay and Alphabet's
April 26, 2024Payments processing giant Visa Inc. has posted an 18% rise in its fiscal fourth-quarter profits
October 24, 2023A glitch in the network that processes electronic transfers between nearly all U.S. bank accounts has led to delays in settling deposits, some of which remain stalled
November 06, 2023German lender Commerzbank and U.S. company Global Payments announced on Thursday a joint venture to offer digital payment services to small- and medium-sized business customers across
April 26, 2024Social media platform X received approval for a money transmitter license in Virginia, the 17th U.S. state to grant approval, as the Elon Musk-owned company advances efforts
April 26, 2024Barclays plc is sounding out private equity firms about taking a majority stake in its UK merchant
April 26, 2024Visa on Wednesday said it received directions from the Indian central bank to halt all transactions for business payment solution providers (BPSPs) in commercial and business
April 26, 2024JPMorgan Chase & Co said on Tuesday it had joined France's leading payments network Cartes Bancaires (CB), becoming the first U.S. bank to do so as it seeks to offer cheaper card
April 26, 2024Payments companies Nexi, Stripe and Adyen have started offering businesses in Italy a way to accept payments from customers that relies on Apple's iPhones, they said on Wednesday.
June 13, 2024Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna
June 18, 2024Although Apple is discontinuing its buy now, pay later service launched last year, the company is sticking with the product, with a successor to the offering launching later
July 01, 2024Italian payments group Nexi said it had signed a partnership with Amazon's local arm allowing clients of the e-commerce giant to shop on its Italian website paying with a local debit
July 02, 2024The European Union says it’s accepting Apple’s pledge to open up its “tap to pay” iPhone payment system to rivals as a way to resolve an antitrust case and head off a potential hefty fine
July 11, 2024Apple will open its tap-and-go mobile payments system to rivals, EU antitrust regulator said on Thursday, even as its chief Margrethe Vestager said the iPhone maker
July 11, 2024Brazil's central bank said on Monday a new feature for its popular Pix instant payment system aimed at automatically paying recurring bills will be launched next June instead of
July 22, 2024Payment processing giant Visa Inc. said its fiscal third-quarter profits rose 9% on an adjusted basis as it benefits from consumers and businesses moving their payments from cash to credit and debit cards
July 23, 2024