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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
5 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
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
23 天
Payments Execs Head into Government As Fiserv And Shift4 CEOs Are Nominated for Key Federal ...
“We’re in very good shape and expect to deliver on our 2024 commitments as well as medium-term commitments,” chief financial ...
Digital Transactions
10 天
A CFPB Circular Warns of Illegal Rewards Practices; Shareholders Will Vote on the Cap One ...
The Consumer Financial Protection Bureau early Wednesday released a circular to law-enforcement agencies warning that ...
Digital Transactions
11 天
Zelle Enlists Star Power in a Fraud Awareness Campaign
Zelle, the peer-to-peer payments service from Early Warning Services LLC, will put the detective powers of its S.A.F.E. Squad ...
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
11 天
Visa Uses AI To Thwart Cyber Monday Fraudsters; Card.com Adds Visa Direct Cross Border Payments
In announcing its fraud-detection rate on Cyber Monday, Visa touted its use of AI as evidence it is staying a step ahead of ...
Digital Transactions
16 天
Slope Taps Marqeta for a B2B BNPL Card; Equipifi Partners With Synergent on BNPL
The partnership fills a need for credit unions to offer BNPL payment options, equipifi says. Founded by credit unions in 1971 ...
Digital Transactions
9 天
Consumers Are Struggling to Pay Their Credit Card Bills on Time, J.D. Power Finds
Consumers say they are having a harder time paying their bills, including their credit card bills, on time in 2024 than they did in 2023, the report says. On a five-point scale, consumers’ ability to ...
Digital Transactions
15 天
The ABA’s Letter to the Fed Is the Latest Salvo in the Battle Over Debit Card Interchange
Comments on the Fed’s proposed action, which would cut by nearly one-third the maximum interchange fee banks can charge on ...
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