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Cards and Payments Industry News

Weekly News Digest 17 January 2020

Visa has begun the new decade with a bang: the network has announced that it plans to buy API platform Plaid in a $5.3 billion deal. If finalised, this major strategic move will put Visa right at the heart of the burgeoning fintech-bank interface for tens of millions of bank accounts in the United States, Canada and Britain. San Francisco-based Plaid, founded in 2013, provides the programmable connections needed by apps for payments and data interactions with bank customers' accounts. According to Visa's investor presentation on the matter, one in four American bank account... Read more >

Weekly News Digest 10 January 2020

US banking concern | Sapphire fee hike | UK repayments rise | Open Banking to S. Korea, but not yet Australia

Fintech image
Weekly News Digest 20 December 2019

FDIC weighs Tech-favouring move | Open Finance | UK overdraft changes | Australian fines mount

Weekly News Digest 13 December 2019

New York contactless boost | Deutsche saving €100m via retail restructure | N26 adapts to US | Hong Kong neobanks mull launches

Weekly News Digest 6th December 2019

EBA advises cuts & mergers | RBC results | Pay.uk hits new high | NZ capital ratios announced

Rural bank
Weekly News Digest 29 November 2019

US rural bank closures | Chinese rural bank risk | Westpac woes | RBS goes digital | Paytm raises $1bn |

Banks Customer Satisfaction
Weekly News Digest 22 November 2019

US bank satisfaction | Amex network surge | TSB outage lessons | Elavon buys Sage Pay | Apple Pay challenge

Golden Gate Bridge
Weekly News Digest 15 November 2019

Bank of Google | Facebook Pay | Apple Card algorithm alarms | Chinese super-apps open up

Credit cards stack 2
Weekly News Digest 8th November 2019

US loan standards tighten | Spain mulls revolving credit regulations | Australian bank results | Wirecard buys AllScore

Glass buildings
Weekly News Digest 1st November 2019

Mastercard transactions soar | Quarterly results from banks worldwide | Uber Money launch | Raisin plans for US

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Weekly News Digest 25 October 2019

Quarterly results from cards networks | RBS results reveal cards growth | Handelsbanken narrows focus

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Weekly News Digest 18 October 2019

Shining Q3 for US consumer banking | Libra board elected | Machine Learning keeps a banker in the loop and more...

Credit cards – abstract
Weekly News Digest 11 October 2019

Small US issuers struggle with delinquency | PayPal quits Libra | Deutsche IT push | Europe's banks cope with low rates

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