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Mastercard has teamed with self-service payment portal Pay4You on a spend management solution for European companies.
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The collaboration, announced Monday (July 7), employs Mastercard’s Virtual Card Network (VCN) technology, and is designed to guarantee card acceptance, giving corporations a better way to manage their tail spend.
“Tail spend refers to the portion of a...
A group of Belgian banks have signed onto Europe’s digital wallet project Wero.
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Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank are all planning to begin offering the digital wallet and instant account-to-account (A2A) payment solution starting next year, the European Payments Initiative (EPI) announced Sunday (July 6).
“Wero is about Europe, and it starts with...
Revolut is still reportedly waiting for permission to offer credit services in the U.K.
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That’s according to a report Monday (July 7) by the Financial Times (FT), which notes that this is the latest in a series of roadblocks on the company’s journey to become a full-service bank in its home country of Great Britain.
Sources told the FT that Revolut is still waiting for...
Initial public offerings (IPO) funding in the London market has reportedly reached a 30-year low.
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The five listings on the British market in the first half of the year took in 160 million pounds, the Financial Times (FT) reported Friday (July 4). That’s the lowest six-month level in Dealogic data dating back to 1995.
According to the report, this total represents a 98...
AI startup M...
For many Americans, saving money at the grocery store was once a Sunday evening ritual. Out came the scissors and spreadsheets to clip coupons from the Sunday papers stuffed with dozens and dozens of circulars. And a week’s worth of shopping excursions were planned to get the best deals.
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Couponing started with Coca-Cola’s hand-written free drink offers in 1887, and the...
Watch more: Autonomize Says Agentic AI Will Trim $1.5 Trillion Spent on Healthcare Administration in US
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Healthcare is a complex and fragmented sector that has long been weighed down by legacy systems and regulations.
If that sounds like a recipe for innovation, you might want to get your ears checked.
The industry’s longstanding institutional inertia when it comes to...
Watch more: AI Takes Command in Finance as Banks Shift to Real-Time Operations
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Artificial intelligence has become a buzzword so pervasive in financial services that it may already be at risk of losing its punch.
Behind the hype, the fundamentals of how banks and FinTechs operate are being fundamentally reshaped.
This isn’t a wholesale rug-pull of core infrastructure....
Brazil has become a global leader in mobile shopping adoption, with its consumers consistently demonstrating high engagement in digital commerce activities. The 2025 Global Digital Shopping Index: Brazil edition, commissioned by Visa Acceptance Solutions and researched by PYMNTS Intelligence, reveals that 61% of Brazilian consumers used a mobile phone for their latest retail purchase, whether...
While real-time networks like The Clearing House’s RTP® network have surpassed 1 billion transactions, a critical gap persists.
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The PYMNTS Intelligence report “The Real-Time Leap: Closing the Gap Between Receiving and Sending,” a collaboration with TCH, found that financial institutions (FIs) have enabled real-time payment receipt, but few offer the ability to send...