The Fintech Times

JANUARY 26, 2025

” Within just four months of launching FDUSD, the token achieved a market cap exceeding $1billion, becoming the second most traded stablecoin on centralised exchanges, with the highest single-day trading volume exceeding $23billion.

Stablecoins 59

Stablecoins Cross-Border Payments Cross-Border Multi-Currency 59

The Paypers

MARCH 27, 2024

US-based Visa and Mastercard have announced their legal settlement with US merchants, aiming to minimise and cap their credit card interchange rates.

Settlement 41

Settlement Visa Caps Credit Cards 41

Bank Automation

JUNE 14, 2024

A $30 billion settlement between Visa Inc., and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation. Mastercard Inc.

Visa 73

Visa Caps Settlement Credit Cards 73

Payments Source

DECEMBER 16, 2019

Fresh off a public offering and shopping boost, Alibaba Group has entered into an agreement with Commercial Bank of China (ICBC) to build digital finance services in areas such as cross-border finance and electronic payment settlement.

Cross-Border 64

Cross-Border Caps Settlement Agreements 64

The Fintech Times

MARCH 30, 2024

percentage points for a minimum of three years, and to cap them at the same level seen at the end of 2023 for five years – subject to approval by the US District Court for the Eastern District of New York. The ultimate impact of this settlement on credit card rewards and the industry as a whole will depend on how that all plays out.

Settlement 59

Settlement Credit Cards Visa Consumer 59

The Fintech Times

APRIL 4, 2025

Utilising RLUSD RLUSD is ideal for a number of financial use cases, allowing enterprises to: Facilitate instant settlement of cross-border payments. Jack McDonald, SVP of stablecoins at Ripple We’re seeing the market cap continue to grow, outpacing our internal projections. Access liquidity for remittance and treasury operations.

Stablecoins 40

Stablecoins Cross-Border Payments Payment Solutions Cross-Border 40

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. Lyft stormed out of the IPO gate with a vengeance, with a market cap of $26 billion and a stock price of $72 per share. As of Friday (Feb.

Settlement 56

Settlement Visa Online and Mobile Banking Small Business 56

PYMNTS

JANUARY 21, 2021

The Payment Tracker will allow mid-cap and small- to medium-sized business (SMB) clients of iBanFirst working with B2B transactions to track payments in the same way consumers track parcels, the release stated. In addition, the Payment Tracker will offer insights into potential delays of the payment.

B2B 87

B2B Transactions Payee Payer 87

Clearly Payments

AUGUST 14, 2024

Unlike Europe, where interchange fees are capped at 0.3% The European Union’s regulations, such as the Interchange Fee Regulation (IFR), have capped interchange fees, resulting in more competitive pricing for merchants. Due to the EU’s Interchange Fee Regulation, which caps interchange fees at 0.3%

Process 104

Process Credit Cards Alternative Payment Methods Debit Card 104

NFCW

JUNE 25, 2024

TRANSACTION FEE: A step-by-step overview of the digital euro compensation model Payment service providers will be able to charge merchants a fee for enabling them to accept digital euro transactions, the European Central Bank (ECB) has revealed, but a cap will be placed on the amount that it will be possible for them to charge.

Central Bank 103

Central Bank Online and Mobile Banking Legal Framework Caps 103

PYMNTS

JULY 31, 2020

The high-stakes negotiations reached a tentative agreement on Thursday (July 30) over Neiman Marcus’ business plan and a settlement in the dispute over the transfer of its Munich-based MyTheresa business, the newspaper reported. As a result of the ruling, the additional pay for the top executives is capped at $9.95

Settlement 78

Settlement Disputes Caps Rules 78

The Payments Association

APRIL 22, 2025

We’re seeing the market cap continue to grow, outpacing our internal projections. RLUSD is ideal for several financial use cases, allowing enterprises to: Facilitate instant settlement of cross-border payments. Access liquidity for remittance and treasury operations.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Stablecoins Treasury 88

PYMNTS

DECEMBER 9, 2020

million settlement with the district’s attorney general for purportedly misrepresenting that diner tips would go to drivers. Multiple states have put caps on the fees that apps and platforms can charge on eateries. The attorney general of the District of Columbia, Karl Racine, has written a letter ordering DoorDash Inc.

Caps 90

Caps Settlement Regulations Consumer 90

PYMNTS

JULY 27, 2020

For example, only 41 percent of such firms reported adding new digital capabilities to facilitate faster transaction settlements, while just 40 percent said they added technology to attract new customers. SMBs that reported the slowest settlement times were also the most interested in real-time capabilities.

Real Time Payments 93

Real Time Payments Settlement Point-of-Sale (POS) Payments 93

PYMNTS

FEBRUARY 15, 2018

Bank chose to manipulate their software to cap the number of suspicious activity alerts rather than to increase capacity to comply with anti-money laundering laws,” said FinCEN Director Kenneth A. Bank’s own anti-money laundering staff warned against the risk of this alerts-capping strategy, but these warnings were ignored by management.

Money Laundering 43

Money Laundering Fincen Office of the Comptroller of the Currency Settlement 43

Finovate

APRIL 1, 2024

Visa and Mastercard have reached a settlement that will lower interchange fess for U.S. The settlement, which still must be approved by the court, calls for a five-year reduction in fees as well as changes that will enable greater optionality for merchants when it comes to credit card transaction surcharging. Chalk one up for U.S.

Visa 59

Visa Settlement Credit Cards Caps 59

PYMNTS

NOVEMBER 14, 2018

In its latest report, “ Preparing for real-time liquidity ,” Deutsche Bank acknowledged that the value caps on schemes like Faster Payments and Same Day ACH limit the applicability of these trends for corporate payers. Yet, as these caps rise across the globe, treasurers are likely to see disruption.

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Liquidity Management Same Day ACH 78

The Fintech Times

MARCH 13, 2025

Recognising increasing demand across the Middle East from crypto-native firms and traditional financial institutions, Ripple aims to address many of the challenges traditionally associated with cross-border payments – such as high fees, long settlement times, and lack of transparency.

Cross-Border 69

Cross-Border Cross-Border Payments Stablecoins Settlement 69

Electronic Payments Coalition

MARCH 26, 2024

26, 2024– After nearly 20 years of litigation, Visa (NYSE: V) today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The settlement will reduce credit interchange rates for U.S.

Agreements 52

Agreements Payment Networks Settlement Credit Cards 52

The Payments Association

APRIL 23, 2025

Payment companies must take a proactive role in solving these challenges, by offering: Competitive FX rates and multi-currency settlement options. Providers unable to quickly and efficiently integrate a complete range of local payment options are effectively capping their merchants conversion rates in those markets.

Multi-Currency 88

Multi-Currency Payments Settlement Cross-Border 88

PYMNTS

DECEMBER 17, 2018

The discounts were capped at 100,000 yen per transaction. are being called out for their lack of security, prompting settlements with the New York Attorney General. Bloomberg noted that earlier in December, PayPay ran a promotion in which it gave users $88 million in rebates from purchases they made.

Security 63

Security Credit Cards Settlement Payments 63

Stax

SEPTEMBER 26, 2024

It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Some states cap the surcharge rate to a set rate or dollar amount. The amendment caps interchange fees for debit cards to reduce costs for merchants and consumers.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

PYMNTS

SEPTEMBER 6, 2018

The digital asset facilitates the trade, and supplies important settlement instructions. By way of illustration, the company gave a scenario: “Two financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital assets as the bridge asset between any two fiat currencies.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

PYMNTS

DECEMBER 10, 2018

We do not intend to lift the asset cap until remedies to these issues have been adopted and implemented to our satisfaction,” Powell wrote. Previously, Wells Fargo said it expects the assets cap lifted by the first half of 2019. Jerome Powell, chairman of the Federal Reserve, wrote a letter to U.S. Senator Elizabeth Warren on Nov.

Fed 49

Fed Federal Reserve Caps NOV 49

PYMNTS

DECEMBER 13, 2019

The department has the opinion that the company’s conduct went against the merger settlement that Ticketmaster and Live Nation arrived at with the government nearly a decade ago, The Wall Street Journal reported, citing unnamed sources. With the settlement, the antitrust division of the department let the firms join together.

Settlement 52

Settlement Legal Caps Checks 52

PYMNTS

DECEMBER 13, 2019

The department has the opinion that the company’s conduct went against the merger settlement that Ticketmaster and Live Nation arrived at with the government nearly a decade ago, The Wall Street Journal reported, citing unnamed sources. With the settlement, the antitrust division of the department let the firms join together.

Settlement 52

Settlement Legal Caps Checks 52

PYMNTS

MAY 5, 2020

Martinez indicated that the bank can’t fill out its balance sheet with more loans because of the Federal Reserve cap imposed on Wells Fargo following the 2016 fraud scandal. In February , Wells Fargo agreed to pay $3 billion as a settlement with regulators over a scandal involving the creation of fake accounts. percent this year.

Federal Reserve 62

Federal Reserve Caps Settlement Regulations 62

PYMNTS

JULY 24, 2019

But beyond the financial settlement, the settlement also mandates that Facebook change the way it addresses privacy issues. The fine and the new corporate actions cap an FTC investigation into Facebooks’ alleged violation of a 2012 consent decree, where the company had pledged it would be transparent in how it used data.

FTC 43

FTC Privacy Federal Trade Commission Settlement 43

PYMNTS

JULY 24, 2019

But beyond the financial settlement, the settlement also mandates that Facebook change the ay it addresses privacy issues. The fine and the new corporate actions cap an FTC investigation into Facebooks’ alleged violation of a 2012 consent decree, where the company had pledged it would be transparent in how it used data.

FTC 43

FTC Privacy Federal Trade Commission Settlement 43

The Fintech Times

MAY 16, 2024

. “The launch of many tokenised funds and other traditional investment products on public blockchain by major financial institutions is a very significant step – it paves the way to leverage the technology to optimise future transactions of these assets to improve efficiency, transparency and reduce costs and settlement times.”

Innovation 80

Innovation Blockchain Stablecoins Bitcoin 80

PYMNTS

JANUARY 14, 2020

If I have lost my right leg and I have been waiting on my million-dollar settlement for two years, I think it is safe to say I am going to be pretty insistent on leaving my lawyer’s office with my money after all the final paperwork is signed,” Edwards noted. Turning it into cash makes it real and certain.”.

Legal 52

Legal Instant Payments Checks Settlement 52

Stax

FEBRUARY 28, 2024

However, debit card processing fees are capped, and the interchange rates are less than credit card processing rates. Program your terminal Surcharging laws require fees to be listed as separate line items on the cardholder’s invoice and the network authorization request and settlement. Colorado is the outlier, with a 2% cap.

Credit Cards 88

Credit Cards Debit Card Legal Laws 88

BitPay

APRIL 25, 2023

Stablecoins usually don’t draw the amount of media coverage as more volatile cryptocurrencies like Bitcoin or Ether, but stablecoins actually make up a sizable portion of the total cryptocurrency market cap. Making cross-border payments in crypto allows for near real-time settlement while reducing transaction costs.

Stablecoins 52

Stablecoins Cross-Border Cross-Border Payments Payroll 52

The Fintech Times

FEBRUARY 12, 2024

In its first release, the Cambridge Digital Money Dashboard – an open-access digital tool – covers the most prominent stablecoins that together constitute approximately 95 per cent of the overall stablecoin market cap. CCAF is part of the Cambridge Judge Business School at the University of Cambridge.

Stablecoins 64

Stablecoins Use Case Caps Research 64

Clearly Payments

FEBRUARY 12, 2024

These networks have transformed the way payments are processed, moving from paper-based transactions to electronic authorizations and settlements. These disruptors often focus on addressing pain points such as high transaction fees, lengthy settlement times, and lack of transparency associated with traditional card networks.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

PYMNTS

OCTOBER 7, 2020

The study also suggested capping future Big Tech acquisitions and truncating horizontal growth. Meanwhile, a new settlement that European Union regulators reached with chipmaker Broadcom involving the use of a powerful EU injunction for the first time in nearly 20 years is also putting the spotlight on U.S.

Small Business 79

Small Business Laws Acquirers Caps 79

PYMNTS

APRIL 10, 2020

Wells Fargo To Cap SMB Bailout Loans at $10 Billion. Financial institutions (FIs), in one case, are offering APIs that their clients can use to underpin payment and settlement functions per Abdul Raof Latiff, group head of the digital institutional banking group at Singapore-based bank DBS. .

AI 86

AI Payment APIs and Integration Online and Mobile Banking Payments 86