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Wirecard, Ctrip Roll Out Multi-Currency Card; Missguided Launches ‘Pay Later’ Option

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Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. Digital financial technology company Wirecard and online travel agency Ctrip are rolling out multi-currency Visa cards to Ctrip customers in China, Wirecard said in an announcement. In addition, U.K.

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UnionPay, Wirecard Team Up For Global Expansion

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billion cards, which makes up about 57.6 percent of the cards in circulation around the world. As the world’s largest card scheme in terms of card issuance, UnionPay will be one of our key alliances in Asia,” said Georg von Waldenfels, EVP of group business development at Wirecard. UnionPay has issued more than 7.59

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FinTechs Take On Payment Rail Status Quo

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With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance. and Sweden, it noted.

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

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Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. The Congressional House Financial Services Committee held a hearing last fall, “Buy Now, Pay More Later?

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Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 

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FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. WEX and Phillips 66 have partnered since 2010, the release said, to develop a sales and marketing program that depends on new payment technologies for fleet customers.

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How Synchrony Financial Is Upgrading Its AML Strategy

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Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

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US Government Sees The Benefits Of Blockchain

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government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.