The payment companies making virtual cards big business

[ad_1] The use of digital card payments is expanding, leading banks and payment companies to embrace virtual cards, an old technology that’s having a resurgence. Virtual cards are fully digital…

BNPL debt accumulates in the U.K., Ripple expands cross-border tech

[ad_1] Twenty-seven percent of U.K. residents have used buy now/pay later lending in the six months between July and December 2022, according to the Financial Conduct Authority, which released this…

Ripple, Coinbase licensed in Singapore; Revolut under fire in the U.K.

[ad_1] Ripple, Coinbase licensed in Singapore; Revolut under fire in the U.K.  American Banker [ad_2] Source link

9 companies investing more in small-business payments

[ad_1] Payment companies and banks are pouring investment into small-business technology, hoping to bring automation to one of the lingering parts of the economy that’s still largely based on checks…

Central Bank of Irleand’s loan data snafu, BofA on Interac

[ad_1] JPMorgan Chase agreed to increase its stake in Brazil’s C6 Bank, stepping up its bet on digital banking in Latin America’s largest economy. The Wall Street giant will boost…

Hybrid work, business travel drive demand for virtual cards

[ad_1] As business travel continues to rebound around the world, virtual credit cards are rising in popularity for companies seeking better control over all employees’ spending, including for those  who…

Latest global payments news

[ad_1] Latest global payments news, March 22, 2023 | PaymentsSource  American Banker [ad_2] Source link