FTC’s “Click-to-Cancel” Subscription Rule Won’t Go into Effect
A federal appeals court has blocked a “click-to-cancel” subscription rule issued by the Federal Trade Commission during the final months of the Biden administration. The rule, which was scheduled to take effect next week, aimed to make it easier for consumers to cancel unwanted subscriptions and memberships. Under the rule, businesses would have been required […]
The Rich Benefits of In-House Payment Systems
Bringing payment processes in-house can be expensive, but the rewards can be great enough to make that investment worthwhile. Merchants turn to do-it-yourself payment solutions to take advantage of benefits such as customer data, more control over the experience, and more options. It’s not a way for them to save money; it’s a way to […]
Paper Check Usage Is in Freefall
The federal government’s efforts to phase out checks comes at a time when check usage is already in sharp decline. From 2015 to 2024, check payments dropped from 6% to 2.5% of consumer transactions, according to data from the Atlanta Fed. The study underscores how broad and consistent the decline has been. Consumers across all […]
Beyond Plastic: Why Digital Cards Are the Future of Credit
Digital cards saw a significant boost in adoption during the pandemic, initially driven by necessity. However, it quickly became clear that hygiene was just one of many benefits—and not even the most compelling one. Both consumers and retailers have found digital to be faster, more cost-effective, and more efficient than traditional physical options. In a […]
Cross-Border Plan Re-Emerges at BRICS Summit Meeting
A long-discussed cross-border payment system aimed at facilitating transactions among the ten member nations will be among the key topics at the BRICS summit meeting in Brazil this week. Although previous efforts were stalled by technical concerns, the looming threat of tariffs from the Trump administration has brought the issue back to the forefront. Leaders […]
3 Costly Mistakes Even Smart Teams Make – And How to Fix Them
WEBINAR 3 Costly Mistakes Even Smart Teams Make – And How to Fix Them July 29, 2025 1:00 pm EDT [contact-form-7] You’ve invested in the right tools, hired experienced professionals, and built a strong payments infrastructure — but are you still exposed to hidden risks? In this eye-opening webinar, we uncover three common yet critical […]
What Premium Card Overhauls by Chase and Amex Reveal About the Credit Card Market
When Chase and American Express unveiled plans to enhance rewards for their luxury credit cards—and raise their fees—it seemed that these lenders were focusing on the most rock-solid customer base amid economic upheaval. Though macroeconomic factors have played a part in the renewed focus on affluent customers, these moves involve much more than is apparent […]
Stripe Extends Pay-by-Bank Offerings to France and Germany
Following its success in the UK, Stripe is expanding its pay-by-bank offering to France and Germany. While the process streamlines payment processing for merchants, its adoption by shoppers and end users remains an open question. The technology relies on TrueLayer’s open banking infrastructure, which enables connectivity to bank accounts across Europe. Stripe highlights the benefits […]
Ripple Seeks U.S. Bank Charter to Expand Footprint
As more crypto firms make inroads into mainstream finance, Ripple is applying for a banking license with the U.S. Office of the Comptroller of the Currency (OCC). Although the company is best known for its XRP cryptocurrency and ledger, Ripple launched a stablecoin, RLUSD, last year. If the banking license is approved, the firm would […]
Smells Like Team Spirit: What Makes Cobranded Credit Cards Work
When Apple and Goldman Sachs—undisputed leaders in consumer tech and investment banking, respectively—teamed up to launch a cobranded Apple credit card in 2019, as part of Goldman’s broader strategy to enter U.S. retail banking, many expected it to be a runaway success. “When that big Apple announcement came, it was a typical Silicon Valley deal, […]