Robuta

The digital currency is already demonstrating its value across a variety of use cases in multiple markets, a cryptocurrency executive writes.

The company says new consumer loans to be made by its Square bank through the digital wallet are a less expensive alternative to predatory short-term...

Payments companies and industry organizations alike tapped new executives to cultivate new relationships in their ecosystems.

“It’s not a great customer experience,” Visa CEO Ryan McInerney said of merchant surcharges, while speaking on an earnings webcast Tuesday.

Sen. Dick Durbin is poised to make good on his long-time threat to further rein in the two big U.S. credit card companies Visa and Mastercard with legislation...

“Payment processors and merchants must strongly oppose claims conflating credit card surcharging with mandatory or ‘junk’ fees,” say legal pros.

The digital payments provider has cooked up a new set of tools for restaurant clients as the contest to attract customers heats up.

The payment processor said Thursday that it raised $75 million and is seeking to grab a bigger slice of a payments market dominated by larger rivals.

The digital processor signed a Dallas-based chain of driving ranges as a customer in the first quarter, and has made a push to add movie theaters, bowling...

The bank cited higher payments fees for helping to lift third-quarter revenue, with income from that segment reaching another quarterly record.

Veem and Melio are among the fintechs bulging with new capital and taking aim at the small and mid-sized end of the trillion-dollar business-to-business...

The card giant is set to impose a new surcharge cap of 3% tomorrow, but many payments processing professionals are still searching for details about it.

After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.

Thousands of payments and fintech professionals at the Money 20/20 conference in Las Vegas this week are racing ahead with high-growth businesses, even as a...

Stores can automate more tasks than ever, including pricing, inventory management and checkout. But for theft prevention, customer service and brand...

The cross-border player is targeting Latin American countries to test stablecoins, but consumers won’t necessarily know it's part of the payment.

The state may become the first in the nation to outlaw the imposition of credit and debit card interchange fees on state excise tax and tips.

The CEO of the payment and technology company has led two space missions for the private company SpaceX.

Services were disrupted for about eight hours over two days by a distributed denial of service attack, the Dutch company said on its website.

Affordability and budget control are the top reasons U.S. consumers are using buy now, pay later services, according to a PayPal survey.

The Federal Reserve Financial Services suggests that financial firms draw from a range of data sources to spot possibly fraudulent transactions.

“The winners in this consolidation won't necessarily be the biggest players,” writes a checkout technology company CEO. “They'll be the...

The search for faster and cheaper global payments is leading many companies to consider the use of stablecoins for remittances.

Capital One’s proposed acquisition of the smaller Discover seems “too small to be a core antitrust concern,” said Barry Barnett, an antitrust lawyer.

A group of Democrats queried seven buy now, pay later companies for information about who uses their services and how often.

EWS, Nacha and the Financial Technology Association told regulators that collaboration, information-sharing and more consumer education are needed to tackle...

Fiserv, Shift4 and rival payments players are vying aggressively for a bigger share of the market catering to pro teams, stadiums and other venues.

The FedNow system logged a bigger jump in payments volume for the second quarter than did the RTP network, but the latter accounts for more activity.

New partnerships focused on common consumer transactions recently allowed the Australian buy now, pay later company to boost revenue in the U.S. market.

“The health care industry is a case study for what’s at stake when industries resist or delay modernizing their payment systems,” writes one payments...

Even with the backing of the nation’s largest banks, the platform, set for a June launch, will have adoption and security hurdles to overcome to grab a slice...

The digital payments giant disclosed late Monday that its chief accounting officer has resigned to take a job with another company.

A federal judge ruled against the earned wage access company in a decision earlier this month, saying lending laws apply to its business.

The new council is tasked with providing “strategic guidance” to the San Francisco-based card giant’s Washington think tank, but none of the initial...

The payments players, both of which are owned by private equity firms, switched leaders this month as they charge ahead with growth plans.

The food waste-reduction service worked with payments processor Forage to allow SNAP shoppers to place pickup orders for items nearing their expiration dates...

A proposed settlement to end 20 years of credit card swipe fee litigation generated strong reactions for and against the agreement.

The Consumer Financial Protection Bureau won’t prioritize enforcement actions related to buy now, pay later payments, the agency said in a notice.

The processor is working with a North Dakota state-owned bank to establish a new digital asset.

Google’s settlement with attorneys general this week includes a lengthy list of changes the tech titan must make in its approach to in-app payments.

PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

The two companies aim to provide payment processing and church management software through a single digital hub.

The software firm is contemplating a system that lets restaurants store customer payment cards to give diners a quicker exit after they finish a meal.

Despite Institutional Shareholder Services urging shareholders to vote against the company's executive compensation proposal for Tuesday's...

Mastercard said it expects to close on the acquisition within six months, and is still assessing how its ownership might affect that company's Seattle...

Major payments services providers made new C-suite hires this month as they geared up for 2026.

Retailers, restaurants and others oppose a proposed court settlement with Visa and Mastercard over swipe fees as insufficient and favorable to the networks.

Fidelity National Information Services has been buying up businesses as it seeks to expand, especially in providing services to chief financial officers and...

Differing regulations across borders makes the instantaneous movement of money a nearly insurmountable challenge, an executive with The Clearing House said.

The Federal Reserve Board said it has received some 2,500 comment letters regarding its Regulation II proposal to cut the fees that merchants are charged...

Payments and fintechs reset leadership this month with new CEOs and fresh executives to jump-start finance, sales and marketing functions.

PayPal is planting a flag in the stablecoin space despite the slow uptake of digital assets in consumer payments and the lingering crypto chill.

Discover Financial Services said it now expects the transaction to be completed by May 19, three months later than initially expected as the companies await...

The payments pioneer is fine-tuning its strategy with Elliott Investment Management, which now has a $2 billion investment in the company.

The Genius Act, a law enacted this year to provide stablecoin regulations, doesn’t adequately protect consumers, one think tank lawyer writes.

Block’s financial services unit is pressing growth of short-term consumer loans, confident that its underwriting data will support profitable lending.

Another shareholder, Barington Capital Management, urged the finance and payments software provider to cut costs and consider a sale.

The Federal Reserve plans to unleash a U.S. real-time payments system next year in the form of FedNow, but it’s an open question as to whether, or how,...

Cleveland Fed President Loretta Mester in a speech this week spelled out tools the new instant payments system will have for thwarting fraud.

The student loan sale is the latest loose end Discover seeks to tie up since Capital One announced its intent to purchase the card company.

The top U.S. card networks are speeding to develop payments services that will enable bot-based buying, with digital rival PayPal also making a play.

The fledgling U.S. instant payments system can learn from real-time systems that have flourished in Brazil and India using QR codes and broad missions, say...

“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.

Fifth Third’s corporate card program, previously operated in-house, will soon be powered entirely by fintech Brex.

The Federal Reserve’s nascent instant payments system has collected hundreds of bank participants across the country in its first year of operations,...

Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a...

The findings of a J.D. Power survey indicate that merchants are passing the cost of swipe fees onto customers, even though they’re lowering consumer...

Forcing banks to reimburse authorized payments could encourage bad behavior and would not deter scammers, bank executives said in a Senate hearing.

The major payments processing company said higher interest rates, increased wages and foreign exchange rates were putting pressure on the business.

Payments software juggernaut Stripe said it has landed crypto company Blockchain.com as a new customer and that it's aiming to aid the digital...

The Consumer Financial Protection Bureau faces a budget crunch or closure in early 2026, clouding the fate of its open banking rule revision.

The card network may soon be sued by the Department of Justice over its debit card practices, according to multiple news reports citing anonymous sources.

Sens. Dick Durbin and Roger Marshall reintroduced their proposal calling for more competition in the card network industry after the president endorsed it.

The Bank for International Settlements is seeking private sector participation in a smart-contract project designed by seven central banks to improve...

The venture between the payments processor and the bank will expire in April, prompting a cash payment from one to the other.

For CFOs at billion-dollar B2B companies, outdated AR approaches are becoming a strategic liability, trapping capital and limiting growth when agility matters...

In a change of plans for the payments processor, Gary Norcross will hand off the CEO title to Stephanie Ferris earlier than expected and won’t become...

The digital payments provider agreed to pay penalties to the Consumer Financial Protection Bureau and a group of states under settlements that alleged the...

The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch”...

The private label card company behind many retailers’ credit options may develop its own digital wallet, but for now it’s deferring to others’ wallets.

Sens. Dick Durbin and Roger Marshall may have lost their latest bid to win a congressional vote on the Credit Card Competition Act, via stablecoin legislation,...

PayPal and American Express both said executives are leaving the company and Wells Fargo said a long-time payments executive is being replaced.

The Fed has an uphill effort ahead in pursuing a central bank digital currency, as evidenced by extensive skepticism from two disparate groups.

The growing payments processor has agreed to acquire the cloud-based peer, and may have more targets in its sights.

The bill payments company is cutting about 140 jobs as it comes under pressure from activist investors, including Starboard Value.

Bank, fintech and consumer advocacy panelists disagreed this week during a panel discussion about the basis for imposing fees for data use.

The digital payments pioneer has applied with the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions to form an industrial bank.

The payments platform will use its recent acquisition of U.S. startup OpenPay to build out a billing platform in the Americas.

The major processing firm is considering using the digital assets for bank-to-bank transactions outside of normal business hours.

The fintech has signed Paze agreements with two pro sports teams since September, banking on fans' loyalty to their teams.

The retail behemoth and its credit card issuer said in a terse, joint press release Friday that they’re parting ways.

The use of generative AI and fraudulently obtained accounts to execute synthetic identity fraud is on the rise, a Federal Reserve official said in a podcast...

The company also appointed an alum of SoFi, Green Dot and Goldman Sachs to serve as CEO of the proposed bank.

Bank card issuers say there isn’t enough network competition to meet the July debit card routing rule deadline, adopting regulators’ argument to push...

Regulatory change and artificial intelligence are widely expected to drive challenges and opportunities across the landscape this year.

“Well-meaning legislation shouldn’t leave behind the very people it intends to help,” writes one bank CEO.

The digital restaurant payments provider raised processing fees for some restaurant clients. Separately, it’s aiding clients in adding surcharges on their...

Deregulation, artificial intelligence and stablecoin use are among the industry forces that will drive more digital payments use and innovation this year.