Olympics Payments Hurdles Are a Microcosm of EU Challenges
Visa has been the sole card provider for the Olympic Games for roughly 40 years, but its dominant positioning has become a point of concern at this year’s Winter Olympics. The main issue is that all official souvenir stores at the Milano Cortina games only accept Visa or cash. With cash usage declining across Europe, […]
From Cross-Border Payments to Community Banks: The Future of Zelle®
In just eight years, Zelle has revolutionized the way people send money. And the best is yet to come—peer-to-peer payments are expanding to small businesses and cross-border transactions, opening up a world of new possibilities. In a PaymentsJournal Podcast, Tina Shirley, Senior Director of Product for Fiserv, and Brian Riley, Co-Head of Payments at Javelin […]
Who Wins If the Debit Fee Cap Limit Gets Raised?
More than a decade after the Dodd-Frank Act redrew the regulatory boundaries of the banking industry, two Republican senators are seeking to revisit one if its key thresholds—a move that could steer millions in additional debit card revenue to community banks, credit unions, and their fintech partners. According to Bloomberg, the legislation, introduced by Sens. […]
After FanDuel Cuts Credit Cards, Stored-Value Accounts Take Center Stage
Using debt to fund gambling activities is a highly risky proposition, even more so when transaction fees are involved. That’s why online betting giant FanDuel will no longer allow customers to fund accounts with credit cards. The ban will apply to the company’s U.S. sportsbook, casino, and racing segments and follows mounting industry pressure and […]
Fighting Fraud in the Era of Faster Payments
The Iron Triangle of Service suggests that a product can be good, fast, or cheap—but not all three. That adage has taken on new meaning in the world of instant payments, where speed has often come at the expense of fraud detection. Is it possible to deliver payments that are both fast and secure, or […]
Coinbase Unveils Agentic Wallets to Power Autonomous AI Spending and Investing
The next phase of agentic commerce may not be about browsing or checkout, it may be about control of the wallet. Coinbase is introducing agentic wallets designed to function as full-service, autonomous money management tools, enabling AI agents to make payments, trade tokens, and earn yield on investments without constant human oversight. The objective is […]
As the P2P Arms Race Accelerates, Cash App Adds Payment Links
Splitting a bill or chasing down a friend for concert tickets often takes more messages than the payment itself. Cash App is betting it can shrink that friction by turning everyday conversations into payment moments. The company is allowing users to send payment links, which it hopes will provide a more informal way to request […]
Solving for Fraud in Cross-Border Payments Requires Better Counterparty Verification
As information highways have opened new avenues to the global marketplace, many business owners have been attracted to these new frontiers. However, there are unique challenges associated with cross-border operations that go far beyond currency conversions and product delivery. When businesses start moving money across borders, it introduces more gaps for cybercriminals who are increasingly […]
The Battle Between Apple and App Developers Reaches Japan
After regulators in the European Union forced Apple to scale back its App Store payment rules, could Japan be next? Apple recently announced changes to its app distribution rules and payment options in Japan, ostensibly to comply with the country’s Mobile Software Competition Act (MSCA), according to 9to5Mac. But now a consortium of seven IT-related […]
Why Do Consumers Stop Using General-Purpose Reloadable Cards?
General-purpose reloadable cards play an important role in the prepaid ecosystem, but continued usage is not guaranteed. While many consumers adopt these products for budgeting, convenience, or access to digital payments, a range of factors can influence whether they keep using them over time. Understanding why consumers discontinue use offers valuable insight for issuers, program […]