Klarna and Afterpay Opt Not to Send BNPL Data to Credit Bureaus
For now, Klarna and Afterpay have declined to participate in the new credit scoring model that incorporates consumers’ buy now, pay later (BNPL) loan information. In contrast, competitor Affirm has been working with FICO to develop two credit score models that include BNPL data. These models aim to give lenders a clearer picture of how […]
What Texans Credit Union Learned from Upgrading its General Ledger
When credit unions look for ways to improve service for their members, accounting systems may not be the first thing that comes to mind. But when Texans Credit Union upgraded its accounting platform, the benefits cascaded throughout the organization—saving money, streamlining operations, and even boosting morale. In a PaymentsJournal Podcast, Tracy Montez, SVP, Controller at […]
Remitly Unveils Stablecoin Wallet for Cross-Border Usage
As stablecoins play an increasingly prominent role in cross-border payments, Remitly is preparing to offer users digital wallets capable of sending and receiving funds in stablecoins. These disbursements will be handled through Remitly’s partnership with Bridge, the stablecoin infrastructure provider for Stripe. The first step will be the launch of Remitly Wallet, a multi-currency digital […]
As Fraud Rises, Identities Are More Valuable Than Ever
A recent fraud survey from a UK fraud consortium reveals a troubling evolution in criminal tactics, highlighting that fraud isn’t just growing—it’s getting smarter. The findings from Cifas point to a critical shift: as traditional fraud methods are disrupted, criminals are rapidly adapting, leveraging more advanced and often AI-driven tools to bypass detection. Cifas noted […]
Why More Merchants Are Centralizing Their Payments Infrastructure
As the technology behind payments processing accelerates, it’s also reshaping how merchants need to think about the ways their customers pay. Increasingly, acquirers are discovering that by focusing on areas like reconciliation and streamlining the payments workflow, they can build stronger relationships—not only with their customers, but also with their employees. In a PaymentsJournal podcast, […]
Handwave Sharpens Focus on Palm Biometrics in Retail
Handwave has raised $4.2 million to bring its biometric tech into stores. The startup’s contactless system allows shoppers to leave their phones and wallets in purses and pockets, enabling them to pay, verify their identity, and collect loyalty points simply their palm. By and large, the company is betting that its palm-scanning tech can eliminate […]
Why Embedded Finance Is Rewriting the B2B Sales Playbook
The most important skill for B2B sales professionals is no longer persuasion; it’s mastering financial fluency. Yes, many sales veterans will read that line and laugh. But, as the adage goes, past performance does not guarantee future results. And now more than ever, those results are reliant on an entirely new approach. More specifically, it’s […]
Conversational AI’s Impact on Banking’s Key Moments
WEBINAR Conversational AI’s Impact on Banking’s Key Moments August 12, 2025 1:00 pm EDT [contact-form-7] Banks are investing heavily in digital transformation—but are they truly meeting customers where it matters most? In this upcoming webinar, we’ll explore how AI-powered conversational systems are reshaping customer engagement in banking. From the evolution of basic chatbots to emotionally […]
More Americans Think First-Party Fraud Is Justified
As first-party fraud continues to surge, data from FICO reveals that nearly a third of respondents believe that lying on credit applications is either justifiable in certain situations or simply common practice. Inflation and high interest rates have placed increasing pressure on consumers in recent years, leading to a surge in credit card debt. In […]
Whether Market-Led or Directive-Driven, Open Banking Marches On
The European Union is working on the third iteration of its regulatory framework governing open banking. Meanwhile, across the Atlantic, open banking rules remain in legislative limbo and have faced pushback from many financial institutions, causing some to speculate whether the model will ever gain traction in the U.S. At its core, open banking is […]