It launched the standalone Google Wallet, and a new Chrome feature lets online shoppers convert their cards to virtual cards.
CanPay, SuperNet, and POSabit offer digital solutions to cannabis dispensaries, which have historically relied on cash payments.
PayPal launched a softPOS solution that lets merchants accept contactless payments and can help PayPal gain more in-store volume.
Across generations, retirement is the No. 1 investing goal in the US. That said, Gen Z is far more likely to focus on getting rich or learning to invest than older age groups. While 81% of baby boomer investors have their eye on retirement—no surprise as they approach that milestone—just 35% of Gen Z investors consider it their main priority.
Block’s gross payment volume increased 31% YoY, aided by strong Cash App engagement.
Proposed open banking guidance allowing consumers to share financial data with third parties is reportedly delayed by concerns over safeguarding data.
Fiserv will let merchant clients using Carat offer Affirm to their customers as demand for BNPL intensifies.
The US bank bought fintech Long Game in an effort to “future proof” its core business and appeal to millennials and Gen Zers.
TCH partnered with Fiserv to make the network more accessible and also added new security tech.
The Federal Reserve started onboarding participants for its FedNow pilot test as its 2023 launch date approaches.
The card network posted Q1 growth across the board—especially in cross-border volume—despite boycotting Russia.
The payments behemoth singled out digital wallets as a way to boost engagement going forward.