Klarna Aims to Replicate Super App Success in the U.S.
The super app concept has seen great success in China with Alipay and WeChat Pay, and Klarna aims to follow a similar blueprint. Best known for its buy now, pay later (BNPL) products, the company has been steadily expanding its offerings. Its latest move is the launch of mobile phone plans in the U.S. featuring […]
Embedded Lending as a Growth Strategy for ISVs—How to Maximize Revenue Potential
As consumer expectations for seamless buying experiences continue to rise, independent software vendors (ISVs) that embed payments into their platforms position themselves to capture greater market share in a growing and increasingly competitive software landscape. Consider this: the global ISV market clocks in at USD 2.35 billion in 2025, growing to USD 5.5 billion by […]
Payment Processor Paddle Fined Over Role in Scams
The Federal Trade Commission has fined Paddle $5 million over charges that the UK-based payment processor facilitated access to the U.S. credit card system for fraudulent foreign tech support operations. These schemes allegedly defrauded U.S. consumers out of millions of dollars. The FTC alleges that Paddle used its position as “merchant of record” and a […]
JPMorgan Pursues Trademark for Potential Stablecoin
As more organizations consider branded stablecoins, a recent JPMorgan Chase trademark application has fueled speculation that the bank is gearing up for a stablecoin launch. The document filed with the U.S. Patent and Trademark Office seeks to trademark JPMD, which has been considered to stand for JPMorgan Dollar. The application states that the bank is […]
Merchants Find More Use Cases for AI Amid Risks
Walmart has Sparky; Amazon has Rufus. These AI-powered shopping assistants have begun to take a more prominent place in the e-commerce apps of the world’s largest retailers. Although chatbots have been an early use case for artificial intelligence, they are just the beginning of how merchants can leverage this powerful technology. As Don Apgar, Director […]
Two Trailblazers in Unattended Retail Are Teaming Up
The future of unattended retail may have taken a big step forward with the union of two major players in the market. Cantaloupe, a fintech specializing in self-service commerce, has been acquired by 365 Retail Markets for $848 million. The acquisition combines Cantaloupe’s expertise in payment processing and software services with 365 Retail Markets’ self-checkout […]
Chase and American Express Plan Premium Card Revamp
As credit card debt hovers near historic highs, American Express and JPMorgan Chase are preparing to revamp their luxury credit card offerings. Amex has long catered to a higher-end customer base with its line of cards that offer perks at airlines, hotels, and exclusives, all for an annual fee. At the top of its portfolio […]
Taking the Check Out of Paycheck: The Role of Prepaid in Payroll
The traditional model of biweekly or monthly physical check payouts is rapidly becoming a thing of the past. For businesses, moving away from checks results in lower processing costs and a reduced risk of check fraud. While direct deposit offers clear benefits for employees, it’s not always their preferred method of receiving pay. In today’s […]
New Tools Available in the Fight Against Elder Fraud
Nacha is expanding its support for banks and financial institutions in addressing elder financial abuse. The organization’s Payments Innovation Alliance has issued new tools designed to help account holders who may be at risk of elder fraud and to raise broader awareness about financial exploitation targeting older adults. The tools are being released in conjunction […]
Walmart and Amazon Mull Launching Branded Stablecoins
The two largest retailers in the world are considering stablecoin launches—moves that could shift a significant volume of transactions away from the traditional financial system. The Wall Street Journal reports that both companies are exploring this strategy as they eye the potential passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act—a […]