New research from Visa and PYMNTS shows that only 21% of payment issuers achieve a customer lifetime value of $2,500…
Breakthrough RTP applications reshape payments with speed and security
Recent innovations in Real-Time Payments (RTP) are transforming the financial landscape, with solutions from Truist, Balance, and Tyfone enhancing speed…
How FIS’s money movement hub is transforming payment rails and reducing industry losses
FIS’s Money Movement Hub is tackling banking rail fragmentation by integrating ACH, wires, and real-time networks, reducing payment failures by…
Variable recurring payments reshape UK utilities and rail sectors with real-time flexibility
A 31-member consortium including Acquired.com and Lloyds Bank is developing Variable Recurring Payments (VRP) for utilities and rail, driven by…
U.S. Bank’s ‘co-opetition’ model bridges fintech partnerships and in-house innovation
U.S. Bank’s hybrid strategy blends blockchain partnerships like TassatPay with proprietary tools such as Avvance, targeting AI-driven fraud prevention and…
Capital One and Discover merger faces regulatory scrutiny as Senate hearing looms
The $35B Capital One-Discover merger, set to create a payments giant with 100M customers, is under intense regulatory review. The…
Brazil’s mobile commerce boom defies generational stereotypes
Brazil’s mobile commerce surge sees 63% of transactions on smartphones, with 41% from users aged 45+. Pix dominates payments while…
Generative AI and biometrics reshape fraud prevention in e-commerce
Payment processors are rapidly adopting Generative AI and biometric solutions to combat rising e-commerce fraud, with Mastercard and Visa leading…
Will Fiserv and stripe pave path for more special bank charters?
Fiserv and Stripe are seeking special banking charters (MALPB) to process transactions directly, reducing reliance on traditional banks. This move…
Stripe applies for US banking license to expand merchant acquiring capabilities
Stripe’s application for a Merchant Acquirer Limited Purpose Bank charter in Georgia could streamline transactions and reduce costs by bypassing…
Why AI fortune favors the brave: WEX’s agentic AI revolution in financial services
WEX is pioneering the use of agentic AI to transform financial services and payments, emphasizing experimental approaches, workflow enhancements, and…
Zepz secures €152 million financing to enhance global remittances
Zepz, the parent company of WorldRemit and Sendwave, has secured €152 million in funding to strengthen its financial position and…
