Google Pay is losing talent, in the form of both executives and employees, as the division struggles to gain ground.
Verizon and Mastercard Team Up to Apply 5G to the Payments Industry
Verizon and Mastercard are partnering to bring the benefits of 5G to the payments industry.
Fiserve CEO: From Large To Small There’s a Comeback In Payments
It’s a great space a great and a great opportunity says Fiserv CEO Frank Bisignano. The opportunity to build things and grow is always a lot of fun. From large to small there’s a comeback in payments and we see growth going forward.
Square Buying Afterpay Limited
Square has announced it is purchasing Afterpay Limited, the Australian firm that made its name in the “buy now, pay later” business.
Visa Ends Plaid Takeover Bid Amid DOJ Suit
Visa is abandoning its plans to acquire Plaid after the Department of Justice (DOJ) sued over antitrust concerns.
We’re Offering Technology-Driven Virtual Banking, Says WeLab CEO
“We got our virtual banking license in April,” says WeLab CEO Simon Loong. “These are very exciting times. Traditional banks have their own way of doing things, but what we’re looking at is how do we look at offering technology-driven banking through innovation and technology?”
Google Preparing Debit Card to Compete With the Apple Card
Following the success of the Apple Card, Google is preparing its own debit card.
How WEX Has Dramatically Diversified Its Payment Solutions
“Over the last several years in the company’s history we’ve diversified the business so that we have less and less exposure to fuel,” says WEX CEO Melissa Smith. “But as fuel prices go up we do have some benefit from that and when fuel prices go down we do have something negative to that.”
Future of Fintech is Cloud, AI, Blockchain, IoT, 6G, and Quantum Computing, Says KPMG
The future of fintech is cloud, AI, blockchain, IoT, 6G and quantum computing, says Anton Ruddenklau, Global Co‐leader of FinTech at KPMG. Those are the technologies that are fueling the digital transformation and will be central to financial services in the UK and the world going forward.
It Takes Both High-Touch and High-Tech, Says Bank of America CEO
Bank of America has gone massively digital and it is now powering their growth. “We had a billion and a half logins to our apps last quarter,” says Bank of America CEO Brian Moynihan. “This is not theoretical. We are one of the largest digital companies. We are also one of the largest physical companies. It takes both high-touch and high-tech.”