The Latest
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Balance, Alibaba team on BNPL for biz clients
Small and mid-sized businesses can now use Balance’s buy now, pay later financing on the global e-commerce marketplace.
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Processors lean on AI to fight fraud
Payments players are urging Washington policymakers to leave artificial intelligence less regulated so they can use it to fight fraud.
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Q&A
Small business isn’t quitting checks
The paper check will persist for decades for small companies, despite the growth of digital payments, BillGO’s CEO predicts.
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Visa, Mastercard trials postponed
Courts in New York and Chicago rescheduled two antitrust trials over Visa and Mastercard swipe fees to next year as merchants decried further delays.
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Early Warning pitches Zelle to Treasury
The company that owns the peer-to-peer service Zelle suggested the U.S. Treasury Department use that tool to replace checks with digital payments.
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Affirm delves into in-game payments
The buy now, pay later player is for the first time partnering with a company that provides in-game payment services to video game developers.
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Fintechs ask court to uphold open banking
Banks and the Consumer Financial Protection Bureau are misreading the law that enables open banking, the Financial Technology Association told a federal court.
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Payments firms switch up CFOs
ACI Worldwide, Bill and Corpay lured chief financial officers from other companies this month as the health of the U.S. economy wavers.
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Visa, FIS boost value-added card services
The companies say they aim to strengthen tech tools available for smaller financial institutions in issuing cards.
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NY crafts BNPL rules
New York’s regulation of buy now, pay later will be based on data and BNPL firms’ input, DFS boss tells fintech conference amid industry disapproval.
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Payments firms pursue top talent
Companies developing digital wallets, cryptocurrency strategies and pay later tools are still seeking top talent despite economic turmoil, recruiters say.
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Q&A
TreviPay CEO fears fraud ‘AI arms race’
The payments and invoicing firm’s chief, Brandon Spear, sees artificial intelligence as “transformational” in its capacity to scale business scams.
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Stablecoins may act as finance bridge
Stablecoins are like “another payment rail,” said Vince Tejada, who heads treasury and strategic finance at stablecoin infrastructure provider Bastion.
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PayPal lines up Big Ten, Big 12 ties
The digital payments pioneer will handle the collegiate conferences’ payments to student athletes as it makes a bid for more student spending.
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Payments conferences yet to come in 2025
Artificial intelligence, FedNow and the ISO 20022 standards are expected to be hot topics at this year’s payments conferences.
Updated June 26, 2025 -
FedNow delivers new risk management tools
Alongside those instant payment security features, the Federal Reserve increased the maximum payment that can be sent over the real-time system to $1 million.
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Visa loses bid to toss DOJ debit lawsuit
A New York federal judge ruled Department of Justice allegations against the card network over an illegal monopoly in the debit card market are plausible at this stage of litigation.
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Melio swallowed in $2.5B deal
The New York bill-pay company is set to be acquired by Xero, a New Zealand provider of accounting and payroll management software for small businesses.
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Stablecoins may push aside payments
Digital assets have the power to “disintermediate” the financial system by bypassing traditional payment rails, according to a Deloitte report.
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Klarna, Google join forces
The Swedish buy now, pay later business integrated its payments tool into the search giant’s digital wallet, making its services more widely available.
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Court approves $197M ATM settlement
The class action agreement covers consumers and ATM operators who alleged that Visa and Mastercard restrained competition in the cash machine market.
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CFPB medical debt rule weighed
With additional briefs in hand, a federal judge will consider a Consumer Financial Protection Bureau rule that bars medical debt on consumer credit reports.
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Fiserv launches new stablecoin
The payments processor wants to be an early mover as banks, the U.S. government and other payments players press for stablecoin adoption.
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Shift4 buys Smartpay for $180M
The payments services provider bought the distribution network business to keep building its presence in Australia and New Zealand.
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Walmart settles FTC money transfer fraud case
The $10M deal resolves US allegations that the retail giant turned a blind eye to scams and fraud that cost consumers hundreds of millions of dollars.