Bank payment company GoCardless has extended its partnership with Intuit QuickBooks by launching apps in the US and Australia Leading payments company GoCardless has expanded its partnership with Intuit QuickBooks by introducing a GoCardless app in the Intuit QuickBooks Marketplace in both the US and Australia. Launching two new apps in...
When PayPal recently announced that its cross-border money transfer platform, Xoom, would now support the PayPal USD (PYUSD) stablecoin, reactions were largely muted. While PayPal’s history with crypto has been somewhat shaky, it’s clear that the company is taking deliberate steps to fuel...
Tracing the Origins of Card Payments Card payments are on a path of tremendous growth: in 2022, global card networks processed a whopping 624 billion transactions, marking a growth of 7.5% compared to 2021. Today, payment cards reign...
Tesla shares sank in premarket trading on Monday, while China’s Li Auto plummeted to an 11-month low, after both companies slashed prices of their electric vehicles in various markets amid intense competition. U.S. EV giant Tesla cut the starting price...
Stock futures pushed higher Monday as Wall Street looks to find its footing following a steep sell off for tech companies. Futures the S&P 500 rose 0.4%. Nasdaq 100 futures gained 0.5%, while those for the Dow Jones Industrial Average added 158 points,...
Over the past few years, there has been a consistent campaign to lower the fees credit card companies charge merchants. That campaign scored a victory with the recent $30 billion settlement that Visa and Mastercard agreed to pay retailers. Because rewards cards like airline miles cards generally charge higher processing...
If a credit card number gets stolen and used for unauthorized purchases, the expectation is for the bank to make things right. But in the case of wire transfer fraud draining a bank account, victims may not receive the protection they expect. Criminals commit transfer fraud by obtaining valid transfer...
The Federal Reserve chairman this week doused any hope homebuyers had that mortgage rates would soften anytime soon. Instead, rates jumped above 7% after Jerome Powell said inflation was taking longer to come down to the Fed's intended target, a sign that any rate cuts investors were betting on may...
American Express's first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking to broaden its appeal among small businesses, the details for which are expected to be laid out at its investor day. The credit card lender's high-income clientele has shielded it from...
Germany’s largest federal bank, LBBW, signs a strategic partnership with Bitpanda to onboard investing-as-a-service infrastructure for crypto custody. Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has signed a strategic partnership with Bitpanda to leverage its...
error: Content is protected !!