Fintech

Google has begun notifying some of its advertisers that, as of July 31, it will accept only bank-based payments. Last week, Jeremy Brandt of We Buy Houses posted the text of the email he received from Google on X, formerly Twitter. The email read, in part: “Accepted forms of payment include check or wire transfer via the […]

Doha Bank and Mastercard have formed a major long-term partnership to boost the commercial bank’s payment solutions and support Qatar’s digital transformation goals. This collaboration is designed to bolster Doha Bank’s leadership in customer service and innovative payment solutions, while aligning with its ‘Himma’ roadmap – aimed at redefining how it operates and serves its […]

Apple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later program that launched last year. The move comes after Apple said it would start allowing installment loans later this year in its Apple Pay checkout process through third-party companies, such as Affirm, and credit and debit cards from issuers, such as Citigroup. Apple […]

Buy now, pay later (BNPL) provider Affirm has launched two new payment options. The company on Thursday (June 6) announced the debut of Pay in 2 and Pay in 30, designed to offer customers more flexibility and affordability. As the name suggests, the new offerings let consumers split the cost of their purchase into two […]

Visa and Mastercard agreed to a $30 billion settlement with merchants in March, but a judge has indicated she won’t approve the settlement. The deal was reached after a nearly two-decades long legal battle between retailers and the credit card companies over transaction fees. The initial sentiment after the settlement was merchants had secured a […]

Affirm announced its newest buy now, pay later (BNPL) options, giving consumers more flexibility in how they pay for their purchases. Pay in 2 allows customers to split a purchase into two interest-free payments, while Pay in 30 lets users pay for a purchase, with no interest, within 30 days. The company says the short-term […]

As it rolls out a cloud-based in-house-built technology platform in the US, Spanish banking giant Santander is already planning to introduce the system around the world. Earlier this year, Santander set out plans to launch its Openbank digital offering – and its tech platform – across the US and Mexico later in 2024. The lender has hired Swati […]

The new technology enables the US giant to streamline pricing, improving the experience for both customers and associates. After trialing digital shelf labels (DSL) at one US location, Walmart announced the rollout of the new technology to an additional 2,300 stores across the country by 2026. Accelerating the digitisation of their stores, the retailer stated […]

Existing point-of-sale terminals in the UK could be used to initiate digital pound payments, according to research from the Bank of England. This year, the central bank moved on from the research and exploration phase of its digital pound roadmap to the design phase. The UK has decided that any future CBDC would need to […]

Visa and Mastercard agreed to a $30 billion settlement with merchants in March, but a judge has indicated she won’t approve the settlement. The deal was reached after a nearly two-decades long legal battle between retailers and the credit card companies over transaction fees. The initial sentiment after the settlement was merchants had secured a […]