Search Results for: digital payments
PayPal and Visa collaborate to accelerate the adoption of digital payments
July 26th, 2016
PayPal (NASDAQ:PYPL) and Visa (NYSE:V) today announced a U.S. strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in how consumers pay with the PayPal and Venmo wallets. The partnership puts PayPal and Visa ...
MasterCard Continues to Define the Future of Digital Payments
June 22nd, 2015
MasterCard Continues to Define the Future of Digital Payments with Tokenization Support for App, eCommerce and Recurring Payment Card-on-File Programs MasterCard Digital Enablement Service (MDES) Helps Merchants Easily Increase Security and Consumer Convenience when Storing Card Numbers MasterCard announced it ...
Israel central bank is examining issuing digital currency for faster payments
December 27th, 2017
The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed ...
Electronic Payments Remain Top Priority for Global Companies in Digital, Mobile Age
August 20th, 2015
While companies around the world are taking note of the growing emergence of mobile and digital payment applications, many treasury departments still grapple with the continued existence and enormous cost of paper payments. Clients at the Bank of America ...
EU lawmakers skeptical on Digital Euro plans
April 21st, 2023
The European Union’s elected lawmakers seem skeptical about the point of issuing a central bank digital currency (CBDC) as the bloc prepares to make key decisions on a digital euro in the coming months. During a Wednesday debate, members ...
The Fed is evaluating whether to launch a digital currency and in what form, Powell says
September 29th, 2021
The Federal Reserve is pushing ahead with its study into whether to implement its own digital currency and will be releasing a paper on the issue shortly, Chairman Jerome Powell said Wednesday. No decision has been made on the ...
Japan prepares for digital currency, in line with China and others
December 30th, 2020
Japan is gearing up its preparation for the issuance of digital currency in both the public and private sectors following swift moves by China and other countries to do the same. Virtual money issued by central banks around the ...
Italy promotes cashless payments with 10% rebates
December 30th, 2020
Consumers in Italy can now receive an automatic 10% refund into their bank account for cashless in-store payments made using a credit, debit or prepaid card or payment app between now and the end of the year — as ...
A digital euro
November 19th, 2020
The ECB, as guardian of the euro, provides currency in two forms: we issue banknotes and we transfer electronic deposits to banks and other financial institutions. Digitalisation has spread to every corner of our lives and transformed how we ...
Doubling down on failed policies with central bank digital currencies
August 27th, 2020
Many central banks are researching retail digital currencies, which if implemented, would allow them to issue a new currency directly to the public, managed on a centralised ledger bypassing commercial banks. While there is an element of feeling the ...
