The Rise of Autopay: Simplifying Payments for Younger Generations
Automatic payments remain a favorite among bill payers, especially younger generations. Though many payers fear there may not be enough money in their accounts to cover bills, they still prefer being automatically enrolled in autopay processes. In addition, affluent and urban households are more likely to enroll in automatic payment solutions, according to The 2025 […]
Kids Can Use Google Wallet to Tap-to-Pay in Stores, with Parental Supervision
Financial literacy is essential for all age groups, especially children, as they develop habits that will benefit them in the long run. Recently, Google announced a new feature that enables children with Android phones to make in-store purchases using Google Wallet. Parents and guardians will still need to load the payment card, and they will […]
How Midsized Banks Can Gain a Competitive Edge with ISO 20022 Adoption
A major deadline for ISO 20022 adoption is approaching: Swift, the European Central Banks’ real-time payment system, will require the new messaging protocol for payments starting November. This marks an important moment for all financial institutions, especially midsized banks. While they often offer a diverse range of products that align with ISO 20022 standards, they […]
Fiserv Acquires CCV to Expand Clover’s European Footprint
In a strategic move to expand the global presence of its point-of-sale platform Clover, Fiserv is acquiring the European payment service provider CCV. This step is part of Fiserv’s ongoing strategy to support its ambitious expansion plans through acquisitions. CCV provides a range of transaction processing solutions, online and closed-loop payments, acquiring services, and payment […]
Affirm to Report BNPL Data to Experian, Clarifying Lending Practices
In a significant move for the buy now, pay later (BNPL) industry, Affirm will begin reporting data on all its products to credit bureau Experian. As borrowers seek alternatives to high-APR credit cards, BNPL installment have gained traction. These loans often come with little or zero interest and are typically available regardless of the consumer’s […]
Down the Path to Full Payments Orchestration
Many businesses are familiar with payments optimization, which focuses on enhancing the outcome of individual transactions. However, the growing field of payments orchestration takes a broader approach. It addresses larger issues, such as deploying the latest payment methods and technologies faster than competitors and improving payment performance at scale. The goal is to deliver the […]
Credit Card Applicants See Rockier Times Ahead
Americans expect it to become harder to obtain a new credit card over the next year, to the point that many are no longer bothering to apply. The New York Fed’s Survey of Consumer Expectations found that the share of respondents who expect it to be harder to obtain credit a year from now jumped […]
Microsoft Identifies Remote Access Trojan Built to Drain Crypto Wallets
Sophisticated malware is becoming an increasingly potent threat, as evidenced by the remote access trojan (RAT) that was recently discovered by Microsoft. Dubbed StilachiRAT, the malware is designed to scan the Google Chrome browser for any of 20 crypto wallet extensions, including platforms like Coinbase Wallet, MetaMask, and Trust Wallet. According to Microsoft, once the […]
The Untapped Power of Payments Data in Bill Pay
E-commerce giants such as Amazon and Shopify use data to create highly personalized customer experiences. Yet, bill payment remains largely untouched by this transformation, leading to friction, higher costs, and customer frustration. Despite the wealth of payments data available, many organizations fail to leverage it to enhance customer interactions and reduce costs. This gap presents […]
Wyndham Introduces Debit Rewards Card, Targeting Young Travelers
Wyndham Hotels is expanding its lineup of rewards credit cards by introducing a debit card, reportedly the first of its kind from a major hospitality brand in the U.S. In some ways, the Wyndham Rewards Debit Card transforms the hotel chain into a financial institution. There is no minimum balance required to open an account, […]