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M&M labs
Mastercard and Microsoft are expanding their collaboration to accelerate work on cloud research at Mastercard Labs and combine Azure and artificial intelligence.
The two firms plan to develop and test augmented and virtual reality and the internet of things to create new user experiences for consumers, companies and governments, reports
Mastercard and Microsoft have co-developed technology in several areas, including
Compare and contrast
Shortly after picking up a fresh $80 million from
Customers will be able to compare recurring bills from a range of suppliers, make changes and access incentives through Revolut's app.
Revolut recently entered a partnership with
Free food?
Two Chick-fil-A franchises are offering food in exchange for coins. While that sounds like the most mundane thing ever, the stores are linking it to a coin shortage.
The franchises, in Huntsville, Ala., and Lynchburg, Va., are accepting $10 worth of rolled coins in exchange for a $10 bill and a card for a free sandwich, reports
Coronavirus workarounds, including closed stores and a rush to digital commerce, has slowed the flow of
New exec
Former PayPal finance director Scott Weller has joined Curve as its first chief financial officer.
Curve has tweaked its all-in-one card model over the past year, launching a
It also added support for all three major
From the Web
TECHCRUNCH | Wednesday, July 29, 2020
TransferWise, the London-headquartered international money transfer service, is disclosing that it is now valued at $5 billion by private investors, confirming an earlier Sky News report. The new valuation represents an increase of 43% since May 2019, and has been triggered by a further $319 million in secondary share sales.
REUTERS | Wednesday, July 29, 2020
Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it's a tough time to be seeking up to 15 million pounds ($19 million) for a start-up.
TECHCRUNCH | Wednesday, July 29, 2020
Investment app eToro is to launch a debit card, following its acquisition of Marq Millions Ltd, the UK based e-money business. Marq Millions will now trade as eToro Money and will be the issuer for eToro’s card. The acquisition was for an undisclosed amount, and the Marq Millions management team stays on.
More from PaymentsSource
The coronavirus outbreak has caused economic activity to crater, and Visa says its focus on services, partnerships and e-commerce has provided stability and a route to growth.
Republicans and Democrats are negotiating a new coronavirus stimulus package, but there’s still no law on the books designed to erase the problems that prevented many stimulus payments from getting directly to recipients.
E-commerce payments provider dLocal has added a merchant dashboard to provide a simpler display of transactional data and multi-currency management for cross-border payments.
The global card issuer Marqeta will provide its tokenization technology for JPMorgan Chase's virtual card program in early 2021.
The coronavirus pandemic has greatly disrupted many people's cashflow, and made financial management much more stressful. Earned wage access is one way to provide relief to those who still have an income but find themselves financially strained. PaymentsSource senior analyst Michael Moeser talks about earned wage access with Safwan Shah, the founder and CEO of Payactiv, a company that's operated in this space for nearly a decade.
While you’re adapting, don’t abandon the fundamentals that got you where you are today. Even as you’re innovating, certain fundamental business activities still apply.
Digital wallets arguably reached a tipping point this spring when contactless payments jumped 40% in response to concerns that cash and payment terminals were helping to spread the coronavirus, says Marqeta's Vidya Peters.
Bill Clerico created WePay during the last financial crisis, and sees a similar opportunity now. The coronavirus pandemic is affecting different markets in vastly different ways, and easing the flow of capital is just one way to provide help.
Checkout-free stores still feel experimental, but the coronavirus pandemic is pushing more retailers to contemplate how to reduce human interaction in larger settings.
