Industry

Visa Becomes First Digital Payments Network to Issue Green Bond

Visa Becomes First Digital Payments Network to Issue Green Bond

Visa has priced its inaugural green bond offering, totaling $500 million, paying a semi-annual coupon of 0.75% and maturing August 15, 2027. The green bond, believed to be the first issued by a digital payments network, will be used to help advance the company’s commitment to environmental sustainability and a sustainable payments ecosystem.

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Contactless Payments Win Out Among Health and Safety Concerns

Contactless Payments Win Out Among Health and Safety Concerns

The contactless payment landscape is one that has benefited from the growing health concerns across the globe, according to new analysis from global digital business transformation consultancy Publicis Sapient.

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Debit Cards Dominating Retail Payments, Fueled by P2P and eCommerce

Debit Cards Dominating Retail Payments, Fueled by P2P and eCommerce

For a product that was introduced before any Millennials were born — much less members of Gen Z — the debit card continues to show it has as many lives as the proverbial cat, adapting surprisingly well to an increasingly digital world. Debit card transactions grew 6.5% in 2019, a healthy number in itself.

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This John Legend-backed Startup Uses AI to Improve Your Credit—for Free

This John Legend-backed Startup Uses AI to Improve Your Credit—for Free

Credit cards are a trap. They’re easy to use, but difficult to pay. When you inevitably forget to pay your bill on time, or you spend more than you can afford, late fees and interest kick in. And suddenly, like over half of credit card carrying Americans, you’re in serious debt.

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The Digital Transformation of Payments Reaches Its Next Phase

The Digital Transformation of Payments Reaches Its Next Phase

Carl Slabicki is head of strategic payments, BNY Mellon Treasury Services. The views expressed herein are the author’s and may not reflect those of BNY Mellon. This does not constitute Treasury Services advice, or any other business or legal advice, and it should not be relied upon as such. A digital revolution is driving U.S.

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Wirex Launches Global Brand Campaign After Becoming Mastercard Principal Member

LONDON, Aug. 3, 2020 /PRNewswire/ — Just two weeks after becoming Mastercard’s first crypto-native principal member, pioneering payments platform Wirex have launched their first global TV brand campaign.

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Mastercard VP: Removal of Cross-border Frictions Will Improve Forecasting

Mastercard VP: Removal of Cross-border Frictions Will Improve Forecasting

In its latest report, the Committee on Payments and Market Infrastructures (CPMI) identified key frictions to cross-border payments – including funding costs, weak competition, and the complex processing of compliance checks.

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Amex Adjusted Its Reward Offerings to Bounce Back From the Drop in Travel and Entertainment Spending

Amex Adjusted Its Reward Offerings to Bounce Back From the Drop in Travel and Entertainment Spending

This story was delivered to Insider Intelligence Payments & Commerce Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry with the Payments & Commerce Briefing. You can learn more about subscribing here.

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We’re All in This Together: Financial Wellness Is a Universal Need

We’re All in This Together: Financial Wellness Is a Universal Need

An April survey released by the National Endowment for Financial Education found that 88 percent of Americans – nearly nine in 10 – say the COVID-19 crisis is causing stress on their personal finances. What are they worried about? Everything.

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B2B Payments 2019-2020 – Key Drivers of Innovation

B2B Payments 2019-2020 – Key Drivers of Innovation

An overview of some of the B2B payments trends and initiatives from late-2019 to mid-2020, the Covid-19 impact, the productisation of B2B payments, and future perspectives for this industry Around the world, B2B payments growth is driven by technological innovations within the industry, changes in customer behaviour, new market participants, new te.

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3 Major E-Commerce Trends That Will Get Bigger in 2020

3 Major E-Commerce Trends That Will Get Bigger in 2020

Although the world is reeling amidst the pandemic known as Covid-19, people are spending vast amounts of time in their homes. While stuck at home, there are few brick-and-mortar retail locations to shop, leading consumers to their digital devices for essentials, and stipend splurges.

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Visa, Mastercard and PayPal Are Changing Their Tune on Bitcoin and Crypto

Payments giants Visa, Mastercard and PayPal have had a rocky relationship with bitcoin and cryptocurrencies in recent years (though have been softening their stances for some time).

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