Airbnb Adds “Reserve Now, Pay Later” to Its Repertoire
U.S. travelers will be able to reserve an Airbnb without paying anything up front, giving them more flexibility to adjust their travel plans. The vacation rental company is launching a “Reserve Now, Pay Later” feature in response to the growing demand for flexible payment options in the travel sector. Airbnb cited data showing that a […]
Share and Share Alike: The Promise of Cyber Fusion
One of the most effective tools in the fight against cybercrime is information sharing—particularly through anonymized consortium data signals—a practice increasingly referred to as cyber fusion. Despite its promise, many institutions remain wary of collaborating in this way, often even within their own organizations. Greater cooperation—through shared data and interoperable fraud, anti-money laundering, and cyber […]
New York State Launches New Suit Against Zelle
Zelle faces a new lawsuit over allegations that it lacked critical safety features, enabling criminals to steal more than $1 billion from consumers. The suit builds on an earlier complaint from the U.S. Consumer Financial Protection Bureau, which was dropped in March. Although Zelle has since implemented protective measures, the lawsuit seeks to compel the […]
Google Requires Licensing for Crypto Wallet Providers
After generating some controversy with its initial announcement, Google has clarified its rules regarding crypto wallets in its app store. Google Play will require crypto wallet companies in many regions, including the United States and the European Union, to be licensed with their domestic regulators and comply with industry standards. U.S. wallet providers would need […]
The Greatest Payments Mistakes, and How to Solve Them
Wirecard was once the darling of the German stock market and a leading global payments player—until it went bankrupt due to mismanagement and fraud. The collapse left many major organizations unable to accept payments, having become too reliant on Wirecard as their sole payment service provider (PSP). While this may be an extreme case, overreliance […]
Wall Street Welcomes Institutionally Focused Crypto Exchange
Bullish has completed its initial public offering, with the company valued at more than $5 billion. The strong debut signaled that digital assets have firmly established a place on Wall Street. Bullish operates a crypto exchange focused on institutional investors, as well as the trade publication CoinDesk. The IPO was led by Wall Street heavyweights […]
Thredd and Mastercard Launch Custom Cross-Border Payments for Travel
Payments company Thredd is leveraging Mastercard’s network to give its travel agency clients a more efficient way to conduct international transactions. Online travel agencies (OTAs) such as Expedia or Airbnb face unique payments hurdles due to the nature of the industry. These companies often reserve hotel rooms or airline seats based on partial payments—transactions that […]
With Rising Compliance Demands, Reconciliation and Reporting Take Center Stage
Many organizations treat their reconciliation and reporting as mere check-the-box activities, investing only the bare minimum to remain compliant. However, companies that deprioritize these critical back-office functions risk being caught unprepared when faced with a more stringent regulatory environment. In a recent PaymentsJournal podcast, Roger Binks, Chief Commercial Officer at Kani, and James Wester, Co-Head […]
Why Newcomers to Canada Struggle to Build Credit Histories
Building and maintaining a good credit score is generally challenging, but newcomers to a country often face an even steeper climb. A study by TD Bank found that individuals who have moved to Canada within the past five years have struggled to make headway in the country’s credit system. The survey revealed that roughly 80% […]
Google Integrates Pay Over Time into Its Autofill Menu
Google Pay has rolled out a handful of updates to its Chrome autofill platform, with the most notable being that “pay over time” options now appear beneath credit and debit cards in the menu. This change underscores the idea that buy now, pay later services are becoming a standard payment method. The biggest immediate winner […]