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Hey FinTech Fanatic! The Payment Systems Regulator (PSR) in the UK has released an interim report on card scheme and processing fees, focusing on Mastercard and Visa. The PSR is now seeking feedback on its provisional findings to inform its final report. The PSR's interim report reveals that

Hey FinTech Fanatic! Google Pay has introduced three new features focused on security, convenience, and smart spending tools. Vice President Ben Volk highlighted that these enhancements are based on user feedback. The updates include: 1. Smart Checkout Benefits: Card benefits for American Express and Capital One users now appear during

Hey FinTech Fanatic! Payments Giant Stripe has introduced new payment tools and financing options in the UK to enhance access to capital and support the growth of UK businesses. The new features include business financing through Stripe Capital, cost-effective open banking payments, and faster payouts for UK companies. Last year,

Hey FinTech Fanatic! Mastercard and Ualá are launching a new limited-edition credit card featuring Lionel Messi, the official ambassador of Mastercard. This card provides access to an extensive program of exclusive promotions and benefits under the campaign concept "Viene de 10." Issued by Uilo, it will be available

Hey FinTech Fanatic! Revolut, the UK's FinTech giant, plans to sell up to £400 million in shares, allowing employees to cash in. Morgan Stanley is expected to manage this secondary share sale. Despite not raising new capital, the sale, restricted to employees, aims to maintain Revolut's

Hey FinTech Fanatic! At its yearly Payments Forum, Visa introduced seven new consumer payment products to make its mobile banking app central to digital commerce. Here's a summary of the updates: 1. Visa Payment Passkey Service: This service uses facial or fingerprint scans to authorize online payments, replacing

Hey FinTech Fanatic! Last week, Nubank celebrated a significant milestone by crossing 100 million customers. Today, the neobank released its latest earnings report for Q1 2024, showcasing impressive growth and financial performance. Key Q1 Metrics and Highlights: * Customer Growth: * Nubank now serves 99.3 million customers, marking an increase of