Banks That Actively Fight Fraud Retain Their Customers
As bank fraud continues to grow, it’s more important than ever for financial institutions to be proactive in fighting it. Research shows that when banks make a clear effort to identify and catch the criminal, customer loyalty improves—even among those who were directly affected by fraud. When a bank can’t tell a victim who was […]
Visa Aims to Mitigate Fleet Management Obstacles
The payments and expense process in fleet operations has long been a pain point—one that Visa aims to solve with its Fleet 2.0 platform. For companies managing large-scale fleets, lost or misused cards can be a significant financial drain. What’s more, the reporting process—often-manual—has been a constant source of frustration for drivers. According to Visa, […]
How Digital ID Acceptance Creates Opportunities in Payments
In the United States, digital wallets are often associated with big tech firms like Apple and Google. However, the European Union has launched a new program that could not only lay the foundation for government-issued wallets but also be the blueprint for widespread global adoption of digital identification programs. As Christopher Miller, Emerging Payments Analyst […]
FEMA Moves to FedNow Payments as Government Shifts Away from Paper Checks
As the federal government nears its deadline for sunsetting paper checks, the U.S. Treasury has begun sending disaster relief payments through FedNow. The Treasury Department was among the first organizations to go live with FedNow when the service launched two years ago. Now, with the Trump administration’s goal of eliminating paper checks by the end […]
EU Moves One Step Closer to Issuing a Digital Euro
After prolonged contention over the direction of the digital euro, European finance officials may have reached a compromise on the strategy for the central bank digital currency (CBDC). The European Central Bank (ECB) has positioned the digital euro as a much-needed counterweight to the dominance of both Visa and Mastercard’s card networks and dollar-backed stablecoins. […]
Grayscale Gains Approval for First Crypto Mutual Fund
The SEC has approved Grayscale’s multi-asset crypto exchange-traded product, Digital Large Cap Fund (GDLC)—the crypto world’s first equivalent of a mutual fund. Unlike earlier products that invested solely in bitcoin or ether, Grayscale’s fund offers a diversified basket of cryptocurrencies, including XRP, Solana, and Cardano. This approval comes after a long period in which numerous […]
Amex Refreshes Platinum Card Perks and Lifts Annual Fee
As more credit card companies compete for affluent customers, American Express is updating the benefits lineup on its premier card and raising the annual fee to $895. The new fee represents a substantial jump from the previous $695 mark, but Amex maintains that the hike is justified by the expanded perks and partnerships it has […]
Cuts to SNAP, Rising Cash-out Provisions Lead Prepaid Regulatory Concerns
For the prepaid industry, 2025 has been focused on federal legislation, particularly the impact of the omnibus so-called “One Big Beautiful Bill” that was signed into law in July. On the state side, regulators have been mostly quiet, aside from a gift card cash-out proposal still working its way through the California legislature. In his […]
Google’s Agentic Commerce Protocol Gets an Array of Backers
Artificial intelligence agents’ ability to shop and purchase products on behalf of consumers is set to advance with the launch of Google’s Agent Payments Protocol (AP2). The protocol is designed as a neutral, open-source framework that enables merchants, consumers, and third-party platforms to leverage the benefits of agentic AI. It supports multiple payment types, including […]
Alibaba Teams with Slope on B2B BNPL Offering
Buy now, pay later has been a success in the consumer arena, but can the same option work for business payments? Alibaba is betting that it will, partnering with Slope on “Pay Later for Business,” an embedded financing solution that lets U.S. business buyers manage payments in much the same way they do at retail […]