Tokenization: From Security Tool to Future-Ready Payments
High-profile data breaches at major retailers exposed thousands of consumers’ personal account numbers (PANs), spurring the adoption of tokenization—a solution that replaces sensitive account data with surrogate values, protecting both consumers and merchants. As tokenization scaled, its benefits proved to extend well beyond fraud prevention. Merchants often saw meaningful lifts in authorization rates. But the […]
Visa Enhances Payments Orchestration Tools for Merchant Acquirers
Consumers can now pay with everything from digital wallets to crypto and real-time payment rails—and merchants increasingly expect to support them all. That shift is putting new pressure on merchant acquirers, the financial institutions responsible for processing payments on merchants’ behalf. Acquirers now face fresh challenges as payment methods grow more complex. To help address […]
Irish Banks Launch Zippay, a Zelle-Like P2P Payment Service
Three Irish banks are launching a new peer-to-peer (P2P) payment service Zippay, which is going live this week. The platform is designed to compete with Revolut, which already has around 3 million P2P users in Ireland. Zippay will initially be available to more than 5 million customers served collectively by AIB, Bank of Ireland, and […]
Despite Fintech Encroachment, Banks Can Remain the Go-To for SMBs
For many small business owners, the workday doesn’t end when customers leave. It continues late into the evening—logging into multiple dashboards, exporting spreadsheets, reconciling transactions, and trying to make sense of scattered financial data. In the absence of a centralized solution, many have been forced to stitch together a patchwork of banks, fintech apps, payment […]
Swift Moves Ahead with Retail Cross-Border Payments Network
Group of 20 (G20) nations have committed to making cross-border payments more efficient, but regional complexities and outdated infrastructure have made progress slow. The correspondent banking model adds another layer of complexity, requiring multiple banks to shuttle payments across borders. While the Swift messaging network has long served as the global hub connecting these banks, […]
Digital Euro Enters Pilot Phase, with Questions Around Its Viability
The European Central Bank has invited licensed payment service providers (PSPs) to help shape the long-awaited digital euro as it enters its pilot phase—a chance to prove the currency still has a role in the global payments landscape. Participating PSPs will test the technical and operational readiness, evaluate the user experience, and experiment with communication, […]
Young Customers May Not Prioritize Retirement Investing, But Banks Should
The best time to start investing for retirement is now, but conveying this message to younger adults can be challenging. Many Gen Z and millennial individuals face pressing financial concerns today, making it difficult to prioritize saving for a distant future like retirement. Because retirement investing is not typically top of mind for younger consumers, […]
Authorities and Tech Firms Team Up to Take Down Phishing Platform
One of the most prolific phishing-as-a-service toolkits of all time was not widely used to send consumers phony unpaid toll texts or urgent account alert emails. Instead, Tycoon 2FA was primarily leveraged to target paid accounts associated with organizations. Although financial services and healthcare companies have typically been prime targets for fraud attempts, cybercriminals appeared […]
ACH Modernization in Motion: How Banks Can Scale, Streamline, and Future-Proof Payments
WEBINAR ACH Modernization in Motion: How Banks Can Scale, Streamline, and Future-Proof Payments March 24, 2026 1:00 pm EST [contact-form-7] How can banks modernize ACH to handle rising volumes? Legacy ACH systems are under pressure as volumes grow and new payment rails reshape the market. Banks are moving from outdated, monolithic platforms to cloud-native payment […]
Robinhood’s Platinum Card Enters a Packed Premium Market
Robinhood is jumping into an already crowded premium credit card market with the invite-only Robinhood Platinum Card. With a $695 annual fee and a range of perks, the card will compete with established offerings such as Chase’s Sapphire Reserve and the American Express Platinum Card, which carry fees of $795 and $695, respectively. Expected to […]