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Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards

PYMNTS

In today’s top news, Germany’s deputy finance minister wants to restructure accounting firm regulations, and consumers are turning away from travel rewards cards. FDIC) is looking to modernize bank reporting. Consumers Sour On Travel Rewards Cards. FDIC Looks To Modernize Bank Reporting.

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i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Tuesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

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i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Wednesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay.

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