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Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...- Visa and Mastercard $38 billion swipe fee settlement gets preliminary approval after 20-year legal battle - what it means for merchants, credit card fees and consumersVisa Mastercard swipe fee settlement explained: A major legal battle over credit card swipe fees has advanced. A US district judge has give...
- A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...
- Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
- Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
- PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- Piyush Goyal engages with over 50 industry leaders in New York to deepen India-US tradeIndia and the United States moved closer to deepening their trade ties as Union Minister of Commerce and Industry Piyush Goyal engaged with...
- BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
- How Mastercard became one of Wall Street’s greatest wealth creatorsMastercard’s two-decade rally showcases digital payment dominance, scalable networks, strong competitive advantages, and long-term compound...
- Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
- Foreign transactions on ICICI Bank debit cards to get costlier: Check revised fee structure for Coral, Rubyx and many other cardsICICI Bank is set to implement revised charges on several debit cards, including a significant increase in Dynamic Currency Conversion (DCC...
- SBI must pay Rs 5 lakh to woman despite 6-year delay in claim: Nagpur consumer panelA Nagpur consumer commission directed SBI to pay Rs 5 lakh to a widow. The payment is for an insurance claim filed six years late. The comm...
- Berkshire Hathaway’s Greg Abel bought sector that Warren Buffett long avoided in his first year as CEOUnder new CEO Greg Abel, Berkshire Hathaway significantly boosted its tech and airline holdings, tripling its Alphabet stake and buying ove...
- Where is Melania Trump? U.S First Lady is not travelling to China accompanying Donald TrumpUS President Donald Trump told the media that among the several items for discussions with China, trade would be a key focus area.
- Elon Musk, Tim Cook and other prominent US executives invited to join Trump on trip to ChinaPresident Donald Trump embarks on a trip to China this week to meet President Xi Jinping. Several prominent US executives from technology a...
- US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
- Elon Musk, Apple's Tim Cook to head to China with Trump: White HouseTop US executives, including Tesla's Elon Musk and Apple's Tim Cook, will accompany US President Donald Trump on his visit to China this we...
- Canada's Shopify Q1 revenue rises 34% on broad growthShopify anticipates second-quarter sales and profit to align with analyst forecasts. This projection indicates a slowdown in demand for e-c...
- Will stablecoins replace Visa and Mastercard? $719 trillion forecast signals major shift in global payments by 2035Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations em...
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