Banking

Are Credit Card Surcharges Hurting Small Businesses and Consumers?
Finance Are Credit Card Surcharges Hurting Small Businesses and Consumers?

Imagine going to your favorite local café, ordering a cup of coffee, and then being asked to pay a small extra charge just because you're using your credit card. This isn't a hypothetical situation; it’s becoming a reality for an increasing number of small businesses in the U.S. According to a

Leadership Changes at PayPal, Amex, and Wells Fargo Amid Payment Evolution
Finance Leadership Changes at PayPal, Amex, and Wells Fargo Amid Payment Evolution

In recent months, the payment industry has faced significant transformations, marked by notable leadership changes at three prominent companies: PayPal, American Express (Amex), and Wells Fargo. These shifts occur amid the rapid advancement of consumer payment methods, as businesses strive to adapt

Evaluating Business Bank Loans: Benefits, Drawbacks, and Alternatives
Finance Evaluating Business Bank Loans: Benefits, Drawbacks, and Alternatives

Acquiring a business bank loan can be a pivotal decision for any business owner. Understanding the intricacies of business bank loans, including their benefits, drawbacks, and how they compare to alternative funding methods, is crucial. This knowledge allows business owners to make informed

TransferMate Becomes Payment Service Provider for Amazon Sellers
Finance TransferMate Becomes Payment Service Provider for Amazon Sellers

TransferMate, an Irish business-to-business payments company, has been named a payment service provider for Amazon. This development comes as a boon for Amazon sellers who now have the advantage of receiving their sales disbursements in their preferred currency, significantly enhancing their

How Is Highnote Revolutionizing Embedded Payments and Card Issuing?
Finance How Is Highnote Revolutionizing Embedded Payments and Card Issuing?

In an era where the digitalization of financial transactions is rapidly transforming industries, Highnote, a San Francisco-based company, is making waves with significant advancements in embedded payments and card issuing. Led by former executives of Braintree, Highnote has recently secured $90

Why Is HSBC Shutting Down Its Zing International Payments App?
Finance Why Is HSBC Shutting Down Its Zing International Payments App?

HSBC has recently decided to close down its international payments app, Zing, which was launched just a year ago. This decision is part of a broader strategy to simplify operations and focus on areas where the bank holds a clear competitive advantage. Unveiled in January 2024, Zing was introduced

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