The Latest
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Amazon sues Perplexity over AI shopping agents
The mass e-commerce company — which alleges Comet agents are covertly making purchases for users — is open to third-party agentic commerce, but on its own terms.
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Courtesy of Apple
Apple sets sights on travel spending
The tech company is embedding its digital wallet as a method of payment at many stages in the travel process in a bid to attract more consumer use.
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Toast mulls eat-and-run options
The software firm is contemplating a system that lets restaurants store customer payment cards to give diners a quicker exit after they finish a meal.
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Courtesy of FIS
FIS benefits from NYCE, AI
Fidelity National Information Services said the growth of its NYCE debit card network and increased use of artificial intelligence bolstered financial results.
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Courtesy of Shift4. Shift4 CEO Jared Isaacman
Trump taps Shift4 founder again
The president renominated Jared Isaacman on Tuesday to lead NASA, but did not acknowledge previously withdrawing the executive’s name.
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Cash App claims deadline passes
A judge will consider final approval next month of a $12.5 million settlement covering Washington residents who got text messages from Cash App.
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Fiserv turns to AI for help
Fiserv is embracing artificial intelligence as new executives try to fix major portions of the company and placate peeved customers.
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How agentic AI could turbocharge fraud
Generative artificial intelligence that can shop on a consumer’s behalf could be leveraged by bad actors to commit fraud on a wide scale.
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Lynne Marek/Payments Dive
Global Payments leans into Genius
Global Pay is counting on its rising use of the Genius brand to bolster volume, as it expands with the acquisition of Worldpay.
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Open banking lurches onward
Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial services.
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Capital One launches community benefits plan
After its Discover Financial acquisition closed in May, the credit card giant has begun to open up about elements of its community benefits plan.
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JPMorgan prospers on payments
The bank cited higher payments fees for helping to lift third-quarter revenue, with income from that segment reaching another quarterly record.
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Lynne Marek/Payments Dive
Why one cross-border payments pilot was stymied
Differing regulations across borders makes the instantaneous movement of money a nearly insurmountable challenge, an executive with The Clearing House said.
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Executive Shuffle: Fiserv, Mastercard and DailyPay
Payments and fintechs reset leadership this month with new CEOs and fresh executives to jump-start finance, sales and marketing functions.
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Judge blocks open banking rule enforcement
The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.
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Courtesy of Mastercard
Mastercard sidesteps reported crypto deal question
“There isn't just one big bet,” the card network’s CEO said, before opting not to comment on the company’s reported interest in buying a crypto startup.
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Courtesy of Mastercard
Q&AAgentic commerce portends merchant headaches
AI agents used by shoppers will change the equation for online sellers, Mastercard’s executive vice president for security solutions said on the sidelines of the Money 20/20 conference.
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Permission granted by Fiserv
Fiserv CEO orders major changes
The processor replaced its CFO and added new directors as it seeks to revamp after a management review and troubled quarter revealed deep weaknesses.
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PayPal spots ‘softer’ consumer spending
The digital payments pioneer pointed to consumers’ smaller purchases in the third quarter, and sees the trend continuing.
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Sam Silverstein/Payments Dive
BNPLs intrude on banks’ turf
The buy now, pay later industry is increasingly offering services that are the purview of banks, such as deposit accounts and debit cards.
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Nazar Rybak via Getty Images
Agentic AI raises liability issues
Payments companies seek ways to address problems with AI agents making mistakes when shopping for consumers.
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Spencer Platt via Getty Images
Klarna touts perks to take on banks
The buy, now pay later company is adding airport lounge access and magazine subscriptions to its monthly memberships to lure more customers.
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Shoppers to tap BNPL for holidays
Affordability and budget control are the top reasons U.S. consumers are using buy now, pay later services, according to a PayPal survey.
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George Walker/AP
Deep DiveEWA chases regulatory clarity
The evolving earned wage access industry continues to be buffeted by federal regulatory upheaval, divergent state approaches and legal battles.
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Courtesy of Amazon
PayPal, Mastercard advance agentic strategy
The digital payments pioneer and card behemoth are locking arms to add agentic e-commerce shopping options.
