For Top Issuers, Credit Cards Are Just the Starting Point
Credit cards were once relatively straightforward products: banks extended credit, consumers spent money, and issuers earned revenue from fees and interest. Today, the largest card issuers are pursuing a far more ambitious objective. Leading issuers are using credit cards to build ecosystems spanning shopping, travel, banking, and personalized financial services. The goal? To deepen customer […]
Revolut Continues Global Expansion with UAE Approvals
Revolut is expanding its presence in the Middle East receiving approval to operate in the United Arab Emirates, a key market for international payments and remittances. The UAE’s central bank granted the fintech Stored Value Facilities and Retail Payment Services (Category II) licenses, allowing it to offer services ranging from multicurrency accounts and cards to […]
A Career in Payments: Insights from Three Decades at Nacha
Few payments professionals have been able to observe and influence the industry as much as Jane Larimer, President and CEO of Nacha, who has helmed the organization that governs the ACH Network through challenging industry transitions and considerable organizational success. In her nearly 31 years at Nacha, Larimer has seen firsthand the shift away from […]
Fed Proposes AML Rules for Stablecoin Issuers
Stablecoin issuers could soon face some of the same anti-money laundering (AML) obligations as traditional banks under a new federal proposal. While the rule stops short of requiring surveillance of every stablecoin transaction, it signals another milestone in Washington’s determination to establish a comprehensive regulatory framework for digital assets. The proposal would require stablecoin issuers […]
Study Finds Millions Lost to First-Party Fraud in Retail Returns
Consumers are exploiting merchants’ returns process in record numbers, and the costs are adding up. A study of UK retail data found £29 million (over $38 million) in potentially fraudulent returns in just one year. The report from returns firm ReBound Returns was based on analysis of one million retail returns from July 2025 to […]