American Express Expands Further in China Through Alipay Alliance
American Express’ new partnership with China’s fintech giant Alipay marks a significant step in its expansion into the lucrative and rapidly growing Chinese market. The deal allows American Express cardholders to link their cards to Alipay’s popular digital wallet, enhancing their payment options. By integrating with Alipay’s extensive network—boasting roughly 80 million merchants—American Express cardholders […]
PayPal to Expand FastLane Service to UK and EU, With Assist from JPMorgan Payments
Checkout is a critical part of the e-commerce experience, and PayPal aims to reduce friction for UK and European merchants with its Fastlane service. Fastlane was initially announced for U.S. merchants last January and expanded more broadly in August. Its rollout in the UK and EU will be facilitated by JPMorgan Payments (JPM), which will […]
Financial Institutions Can Be the Payments Hub That Small Businesses Need
Commercial solutions offered by banks have typically been tailored to larger corporations, with a one-size-fits-all approach that often doesn’t meet the unique needs of small businesses. As a result, many small business owners have turned to consumer-focused products, which lack many of the key functions they need. The lack of compelling options available have driven […]