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- Banking
Google fattens its Wallet to counter Apple Pay
Google Wallet is adding more services that can tie to the company’s payment app.Chris Ratcliffe/Bloomberg A year after resurrecting its…
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American Express veterans’ fintech fund isn’t looking to disrupt
Former Amex Ventures managing directors Lindsay Fitzgerald, Dana Eli-Lorch and Julia Huang founded Vesey Ventures, which focuses on fintechs that…
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Diebold Nixdorf’s bankruptcy filing emphasizes the squeeze on hardware
Diebold Nixdorf expects to restructure its business in the months ahead.Ty Wright/Bloomberg The unrelenting retreat from static points of contact…
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How Venmo’s teen account is meant to hook adults
Venmo is adding access to teens aged 13 to 17.Andrew Harrer/Bloomberg As payment apps expand, capturing the next generation becomes…
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Citizens launches Private Client card with feature for visually impaired
Citizens is the first issuer in the U.S. to support Mastercard Touch Card, which includes a notch to help people…
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Visa working with Brazil’s farmers to cultivate uses for CBDC
Brazilian farmers could get wider access to capital via digital currency.Bloomberg As central banks seek tangible uses for central bank…
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Small, far-flung institutions see a lifeline in instant payments
HawaiiUSA Federal Credit Union is hours behind many of its partners, a gap it hopes real-time settlement can fix. Real-time…
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Startup uses AI to combine purchases from multiple cards
“We saw a gap where consumers struggled to pay without putting their credit score at risk,” said Sam Miller, CEO…
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A debt-ceiling breach could cause chaos for payments
As negotiations on lifting the debt ceiling continue, a potential June 1 deadline for default nears. If the fight over…
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KeyBank using real-time payments to speed up home sales
Real-time real estate payments are part of KeyBank’s larger embedded finance strategy.Joe Buglewicz/Bloomberg Closing on a house can take almost…
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