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Digital Transactions
4 天
Merchants Hit Back at a Banking Group’s Request That the Fed Hold off on Reducing a Debit ...
In a letter to the Fed, the MPC argues the banking industry wants to extend the “status quo” on debit interchange, which it ...
Digital Transactions
4 天
An Injunction Against Illinois’s Interchange Act Leaves Both Sides Claiming Victory
United States District Court Judge Virginia Kendell granted a preliminary injunction late Friday that provides banks some ...
Digital Transactions
4 天
AI, Interchange, And Open Finance Are the Top Prospective 2025 Payments Trends
The top three payments trends next year will be open finance, instant payments adoption, and point-of-sale innovations, says ...
Digital Transactions
5 天
Fiserv Snaps up Payfare for Embedded Payments; Mastercard Closes on Recorded Future
In related news, Mastercard Inc. on Friday announced it has closed on its $2.65-billion deal for Recorded Future, a ...
Digital Transactions
8 天
WooCommerce Makes Affirm Its Go-To BNPL Provider
WooCommerce is making Affirm Holdings Inc. its default buy now, pay later payment option, the e-commerce platform provider ...
Digital Transactions
8 天
The CFPB Sues Early Warning, BofA, Chase, And Wells Over Zelle Fraud
Besides the three defendants in the CFPB suit, Early Warning is owned by Capital One, PNC Bank, Truist, and U.S. Bank. It ...
Digital Transactions
8 天
Mergers & Acquisitions
The city of El Monte, Calif., has extended its agreement with GiveCard, a prepaid debit card platform, to manage the city’s Guaranteed Income pilot program, which embraces 125 low-income participants.
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