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Scooped by
Vineet Anand
November 20, 2015 11:07 AM
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Apple Pay will be switched on in Australia on Thursday, but only American Express card holders will be able to use it.
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Scooped by
Vineet Anand
August 14, 2:13 PM
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Apple Inc. will begin letting third parties use the iPhone’s payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform.
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Scooped by
Vineet Anand
August 6, 1:18 PM
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Americans who want to tap the rising equity of their homes without giving up their low mortgage rates are increasingly turning to home equity lines of credit.
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Scooped by
Vineet Anand
July 26, 8:47 AM
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The share of credit card balances past due reached a series high in Federal Reserve Bank of Philadelphia data back to 2012, adding to a variety of figures indicating emerging fissures in the US economy.
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Scooped by
Vineet Anand
June 14, 8:45 AM
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A $30 billion settlement between Visa Inc., Mastercard 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.
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Vineet Anand
May 17, 10:40 AM
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Total U.S. household debt levels increased in the first quarter as already stressed credit card borrowers faced rising challenges, a report from the Federal Reserve Bank of New York said on Tuesday.
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Scooped by
Vineet Anand
April 11, 9:58 AM
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US credit-card delinquency rates were the highest on record in the fourth quarter, according to a Federal Reserve Bank of Philadelphia report.
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Vineet Anand
April 4, 6:21 AM
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Klarna Bank AB is turning over a smaller share of UK customers to debt collectors as the threat of late fees the company introduced last year prompts more of them to keep up with their bills.
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Scooped by
Vineet Anand
March 27, 3:19 PM
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Visa Inc. and Mastercard Inc. agreed to cap credit-card swipe fees — a deal that US merchants say will save them at least $30 billion over five years — in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
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Scooped by
Vineet Anand
February 20, 11:07 AM
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Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.
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Scooped by
Vineet Anand
January 25, 3:23 PM
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From fuel and groceries to hotels and airline tickets, consumers are putting more purchases on credit cards—and taking longer to pay them off.
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Vineet Anand
January 10, 9:48 AM
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Elon Musk's social media platform X, formerly known as Twitter, announced it will launch peer-to-peer payments this year.
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Vineet Anand
January 4, 12:42 PM
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The Consumer Financial Protection Bureau's planned new open banking rules do not go far enough to protect consumer data, say two industry groups.
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Vineet Anand
December 13, 2023 11:08 AM
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Apple has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine.
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Vineet Anand
December 13, 2023 9:41 AM
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Coinbase Global Inc. is rolling out spot crypto trading on its international exchange as part of a global expansion, saying some users are wary of US venues due to the country’s uncertain regulatory backdrop.
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Vineet Anand
November 29, 2023 9:31 AM
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Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a potential way out of its partnership with Apple Inc.
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Vineet Anand
November 10, 2023 9:02 AM
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All 12 of the pending spot Bitcoin ETF filings will enter a “window” for possible approval within the next eight days, say Bloomberg ETF analysts James Seyffart and Eric Balchunas.
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Vineet Anand
October 27, 2023 11:01 AM
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Elon Musk wants X to manage users' "entire financial life" so that they "won't need a bank account" by the end of next year.
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Scooped by
Vineet Anand
October 19, 2023 11:14 AM
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The move would reduce the fees that banks receive when consumers shop with debit cards.
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Vineet Anand
August 16, 2023 12:17 PM
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Global consumer finance provider Splitit Payments (ASX: SPT) has confirmed it will delist from the Australian Stock Exchange and re-establish itself as a new entity in the Cayman Islands.
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Vineet Anand
August 1, 2023 5:16 PM
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As the only two real-time payments rails in the U.S., the rivalry between RTP and FedNow could get intense, but maybe not.
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Scooped by
Vineet Anand
August 1, 2023 4:35 PM
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Apple's relationship with Goldman Sachs led to the creation of the wildly successful Apple Card, but post-launch friction and a change in priorities has crashed the relationship into the rocks.
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Scooped by
Vineet Anand
April 17, 2023 4:11 PM
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Apple Card credit-card holders can open an account with a 4.15% annual percentage yield.
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Scooped by
Vineet Anand
April 12, 2023 4:40 PM
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NBFIs have emerged as key players in the financial sector, and global financial stability could hinge on their resilience as policy is tightened to tackle high inflation
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Scooped by
Vineet Anand
March 29, 2023 4:36 PM
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Apple on Tuesday introduced Apple Pay Later, which will allow users to split their purchases into four payments spread over six weeks.
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Scooped by
Vineet Anand
August 11, 2021 5:39 PM
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800 Citi staff will join NAB's workforce when the deal closes in March next year. Find out more.
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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Much awaited ETF approvals likely this month ... market cap for Crypto to grow with SEC approvals. Blackrock to expand Ethereum ETF.
And while some Crypto participants are recovering from FTX, BlockFi, Gemini, Celsius (judge approved bankruptcy), new regulations will strengthen the market for expansion!