Greece Ups Transaction Limits on IRIS Real-Time Payments System
Instant payments have gained rapid traction in Greece, and regulators are now moving to both increase the transaction limits and integrate the domestic IRIS payments system with other platforms across the European Union. Under the new rules, consumers, freelancers, and sole proprietors will be able to transfer up to 1,000 euros (roughly $1,167) per day […]
Google’s Agentic AI Ambitions Face a Steep Climb
Does Google have what it takes to become the dominant player in agentic AI? Its Universal Commerce Protocol (UCP), unveiled at the National Retail Federation’s annual show, is an ambitious initiative designed to let AI agents manage the entire shopping journey—from discovery through checkout. Still, the effort may face an uphill battle in gaining acceptance […]
10% Credit Cards: A Roadmap for Issuers
When the president announced the following statement on credit card price controls, credit policy managers must take note and prepare for market disruption. Javelin commented on this topic in September 2024, when candidate Trump raised the 10% rate cap during his presidential campaign. (See: Market-Drive, Risk-Based Credit Card Price Controls Would Disrupt Borrowing and Lending). In […]
Defying Expectations: How a Metal Credit Card Found Its Market
India has become a nation known for financial innovation, with the widespread adoption of the UPI payment system and new approaches to lending and insurance that have helped democratize personal finance. But one area that has lagged behind is the credit card sector. Today, there are roughly 50 million credit card holders in India—seemingly a […]