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, […]
Klarna Inks BNPL Deal with Walmart Amid Continued U.S. Expansion
Klarna will become the exclusive buy now, pay later (BNPL) provider for the world’s largest retailer, Walmart, following its integration with Walmart’s OnePay platform. Previously operating as One until its rebrand earlier this month, the OnePay platform had relied on Affirm for its BNPL program. According to CNBC, Klarna will now underwrite installment loans ranging […]
Fintech Opportunities to Watch for in 2025
The next wave of payment innovation will come from areas poised for major growth, making identifying those areas a key focus for payment processors and venture capitalists who are chasing their next big opportunity. A Javelin Strategy & Research report, Fintech Investing: 3 Trends to Watch in 2025, from Christopher Miller, Lead Analyst of Emerging […]
How are Consumers Using Their Mobile Devices?
Mobile devices have become essential tools for consumers navigating daily life, extending far beyond communication and entertainment. Increasingly, smartphones serve as digital entry points, enabling seamless access to events, transportation, and secure locations. Whether scanning a mobile ticket to enter a stadium, using a digital boarding pass to board a plane, or presenting a QR […]
While Most B2B Companies Value Payments Tech, Automation Adoption Lags
More companies are placing a premium on the technology that enables fast and accurate payments, yet many business-to-business (B2B) companies still lag in payments automation. According to a study by American Express, 91% of business leaders surveyed recognize that an optimized payments system drives overall business growth. However, while roughly a quarter of respondents said […]
India Weighs the Return of Debit Fees
Three years after eliminating them, India’s government is considering reinstating merchant charges on UPI (Unified Payment Interface) and RuPay debit card transactions. “A formal proposal to bring back MDR [merchant discount rate] on UPI payments for large merchants was sent to the Union government by the industry and now the concerned departments are considering it […]
To Build Lasting Customer Relationships, Financial Institutions Should Expand the Onboarding Process
Onboarding has traditionally been viewed as the process of engaging and retaining a financial institution’s customers during the 60 to 90 days after they sign up for services. However, as technology—and competition—has reshaped the banking industry, it has become imperative for financial institutions to widen the scope of their onboarding approach. In his latest report, […]
Travelers Are Increasingly Worried About the Security of Their Payments
Fueled by concerns over fraud, global travelers are increasingly worried about the security of their payments. Research from Outpayce from Amadeus found that more than 70% of surveyed travelers prefer to book with travel companies known for their secure payment processes. The survey also asked whether respondents would accept a discount to book with a […]
How AI Agents Can Perform Autonomous Phishing Attacks
Phishing is already a favored technique among criminals, and a demonstration by Symantec showcased how AI agents can supercharge these attacks. The security company tasked OpenAI’s recently launched Operator agent with carrying out a phishing attack on a member of Symantec’s organization from start to finish. First, the agent identified the person who performed a […]
AI Has Become an Integral Part of Fraud Prevention—and Fraud Attacks
Just as organizations are implementing artificial intelligence and machine learning in novel ways, cybercriminals are continually looking to incorporate AI into their attacks. The disruptive technology allows criminals to find targets more effectively, scale their efforts, and forge better attacks that are increasingly harder to detect. In a PaymentsJournal podcast, Alex Cox, Director of Threat […]