Mastercard Move Commercial Payments Stakes Its Place as a Rival to Visa B2B Connect
Mastercard introduced its new near-real-time cross-border product, Mastercard Move Commercial Payments, this week. Although Mastercard didn’t mention its longstanding credit card rival in its announcement, the product clearly has the goal of taking on Visa’s B2B Connect. Mastercard Move, unveiled at the annual Sibos conference in Beijing, is touted as a way for banks to […]
Stripe Furthers Crypto Initiatives with Bridge Acquisition
Stripe has made another substantial investment in crypto, buying stablecoin platform Bridge in a reported $1.1 billion deal. After speculation about the acquisition swirled last week, TechCrunch founder Michael Arrington recently confirmed that the deal was finalized. The Bridge acquisition will be the largest purchase Stripe has made to date and one of the largest […]
Should Boomers Factor Into a Digital Banking Strategy?
Financial institutions have customer bases that span multiple generations. While baby boomers are financially well-established and open to adopting new technologies, it might be tempting for banks and credit unions to focus on making digital banking inroads with older generations. However, as Gregory Magana, Digital Banking Analyst at Javelin Strategy & Research, highlighted in his […]