The regulator stated that the bank paid insufficient attention to risks linked to its credit and charge card products. Credit: Sadi Hockmuller / Shutterstock.com. American Express was fined $350m by ...

Visa described the move as an “important milestone”. Credit: Tada Images / Shutterstock.com. Visa has secured regulatory approval to start preparations to establish a domestic bankcard clearing ...

The initial rollout is expected to centre on Upfront’s SME customers in the UAE. Credit: Emagnetic/Shutterstock.com. Upfront, a financial operations platform serving SMEs across MENA, has partnered ...

SoFiUSD is redeemable 1:1 for US dollars. Credit: Panchenko Vladimir/Shutterstock.com. SoFi Technologies and Mastercard have launched stablecoin settlement across SoFi Bank’s debit and credit card ...

The settlement volume was booked through Lloyds’ Corporate Markets branch in Jersey and transferred to Visa in the US. Credit: William Barton / Shutterstock.com. Lloyds Banking Group and Visa have ...

Bitget claimed that customer funds remain unaffected. Credit: Mehaniq / Shutterstock.com. Crypto exchange Bitget will begin restoring withdrawal services today (28 September) following a security ...

The study found that 46% were likely to use stablecoins within the next five years. Credit: Panchenko Vladimir/ Shutterstock.com. A Visa survey found growing interest among consumers across Asia ...

PhonePe will now work towards final authorisation before beginning operations. Credit: Mamun_Sheikh / Shutterstock.com. PhonePe has secured in-principle approval from the Central Bank of the UAE ...

Customers who want to take part in the pilot can opt in through the Revolut app. Credit: Summit Art Creations/Shutterstock.com. Revolut has launched an initial UK pilot of an in-store facial ...

Mynt has set the final offer price for its initial public offering (IPO) at 6.60 pesos ($0.11) per share. Credit: ANDRANIK HAKOBYAN/ Shutterstock.com. Mynt, the parent company of Philippine mobile ...

Credit: Piotr Swat / Shutterstock.com. ACI Worldwide is extending ACI Connetic to support payments orchestrated through Swift’s ledger. The company said in a statement that the update brings ...