Consumer spending propelled both networks’ volumes upward in Q3. But new rules from the Fed could put a damper on their debit programs.
Hyundai’s in-vehicle payments system can add more hands-free utility, attract more potential buyers, and bring in payments revenues
Details surrounding the increases are sparse—and Mastercard rebuffed the report as untrue. But the outcry may be overstated
Growth in digital account openings for credit cards is slowing, thanks to tightening standards and changing generational behaviors. But issuers are utilizing new tools to keep it afloat.
The partnership will help them capture more of the growing in-car commerce market, which could reach $600 billion by 2030
Visa may buy paytech Pismo, and Fiserv is exploring acquisitions. Other incumbents can take advantage of the weak funding climate.
The card network is hoping rewards will be enough to finally make inroads in the debit card industry
Mobile P2P payments are reaching market maturity in the US as spending soars, but security challenges threaten to reverse gains. Providers are working to assuage consumer fears while adding a robust array of features to tighten user relationships.
The crypto winter has brought assets crashing down to earth and dampened payments growth. But key crypto payment use cases remain intact, drawing continued investment from major payment providers. This helps set a path for US crypto payment adoption to grow by a 21.3% average annual rate from 2022 to 2025 and worldwide volume to grow by 12.6%.
Cryptocurrency volatility has tempered expectations for crypto payments. But it hasn’t erased them: Retail, remittance, and cross-border B2B payments remain in growth mode.
The partnership is part of the BNPL provider’s operational overhaul and pivot to a fully white-label strategy
New travel features will help Amazon better compete in the co-brand space and rack up volume.
Resilient consumer spending was a bright spot for Mastercard, but higher costs squeezed profits in Q1.
Cross-border and B2B payments pushed up the network’s payments volume during fiscal Q2.
EPI wil pilot a digital wallet and instant payments system after axing its plans for a pan-European payments network
Visa+ will connect Venmo and PayPal before expanding to other wallets. Here's what it means for P2P apps.
Visa and Mastercard are among the firms vying for cloud-based payments and banking platform Pismo, and Ingenico bought softPOS startup Phos.
The Wall Street lender’s pilot shows the space is maturing and could prompt other banks to launch their own biometric products.
Visa, Mastercard, and several paytechs said their businesses were mostly uninterrupted despite ties with the now-collapsed bank.
Canada is behind other Western economies in digital payments adoption, but new technologies are finding footing against cards. Diving into usage among different demographic groups foretells how adoption will progress.
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