The Latest
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Judge combines Fiserv lawsuits
Shareholder complaints against the payment processor are closely related and should be adjudicated in a New York case, a Wisconsin federal judge ruled.
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Senators query credit bureaus on BNPL
A group of Democrats wants to know how credit agencies are using buy now, pay later data and what changes may be planned in the future.
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Appeals court remands Illinois card fee case
A move by federal officials to preempt Illinois’ interchange fee ban requires further review by a district court, the 7th Circuit said Friday.
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Block leans into its AI future
After cutting 4,000 jobs, the company is eager to demonstrate the benefits of artificial intelligence both internally and for customers.
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Global Payments touts Genius gains
The payments processor has moved quickly to push its Genius point-of-sale solution to Worldpay’s sales channels and financial customers.
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Fed to launch roundtable to fight payment fraud
The Federal Reserve sees a rising threat of payment fraud and wants to collaborate with other agencies to stop it, a Fed Vice chair said.
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US agentic sales to reach $1T by 2030: report
But even as the technology grows in popularity, the physical shopping experience will remain important, per a new report.
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Fiserv moves through ‘transition year’
During its first-quarter earnings report Tuesday, the payments processor’s CEO cited new executive hires and cost cuts aimed at reviving growth.
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PayPal CEO aims to keep company intact
In comments to analysts, the payment player’s new leader side-stepped speculation about breaking up the company, saying he sees PayPal, Venmo and Braintree together.
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How Spirit Airlines customers can navigate payments
One consumer advocacy group is urging the airline’s customers to seek refunds “quickly” after the carrier’s abrupt shutdown.
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Amex to sell travel unit stake for $1.5B
The card company is divesting its nearly one-third ownership of the corporate travel services firm Global Business Travel Group.
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State AGs target e-cigarette payments
Attorneys general across the U.S. have alerted payments providers that their tobacco and nicotine sales may violate state or federal laws.
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Visa, Mastercard cite travel slowdown impact
While the war in Iran is depressing travel and hurting income, the card networks are leaning into stablecoins to drive future revenue growth.
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How AI is bettering B2B payments
AI is a new tool to help optimize accounts receivable, which has become a “data science challenge” for many large companies, Billtrust’s CEO says.
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Nacha confab fun included swag, mixers and games
The Smarter Faster Payments conference this week wasn’t all work. There were games, freebies and parties to balance the heady panels.
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Tourism group decries credit card bill
The organization backed by the Electronic Payments Coalition attacked the Consumer Credit Card Competition Act proposal.
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Stripe, Google partner on agentic commerce
With a Google partnership unveiled Wednesday, the payments processor is bringing agentic checkout to four of the largest AI platforms.
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Why EWS created Certos
Early Warning Services wanted to do more than return to its roots. It’s bolstering its anti-fraud services, following challenges on that front.
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Adyen nabs loyalty platform for $876M
The deal for Talon.One will let the Dutch fintech connect a shopper’s online and in-store interactions so promotions and pricing can be adjusted midstream.
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Amex pushes for agentic standards
The credit card company has offered customers protections for bot shopping, and it’s urging industry players to embrace a shared standard.
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Visa CEO envisions stablecoin, agentic benefit
The card network giant is trying to position its services business as an essential infrastructure component in stablecoins and agentic commerce.
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Mercury nabs conditional OCC charter
The fintech has received conditional approval four months after it applied for a national bank charter, when it named a SoFi alum as CEO of the proposed Mercury Bank.
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Visa, Mastercard defend card fee settlement
Large merchants argued in a Monday court hearing that card surcharges and discounts would pose significant burdens on their businesses.
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Harnessing AI to fight fraud
Payments players are tapping artificial intelligence to beat back fraud bolstered by AI, and Congress may provide an assist.
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Nacha raises same-day ACH network limit
Set to take effect in 2027, the new transaction limit aims to make high-value transactions for tax, payroll and other payments easier.