The Latest

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    Getty Images via Getty Images
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    JPMorgan taps Gusto to offer embedded payroll

    Chase Payment Solutions’ small and medium-sized business customers can use Gusto to combine the payroll process with financial operations.

  • Screenshots of Uber Eats' AI assistant tool
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    Courtesy of Uber
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    Uber to add more payments tools to its app

    The planned updates to Uber Eats include the addition of SNAP and healthcare benefits payments starting next year.

  • Cleveland Browns Stadium on game day
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    Permission granted by The Harris Agency
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    Stadium payments competition heats up

    Fiserv, Shift4 and rival payments players are vying aggressively for a bigger share of the market catering to pro teams, stadiums and other venues.

  • Amazon's tech at work at the Climate Pledge Arena in Seattle, Washington.
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    Courtesy of Amazon
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    Amazon adds RFID to cashierless tech

    The new capability enables cashierless shopping for goods such as clothing, fan gear, hats and shoes.

  • Mature women shopping online using mobile phone at home
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    FG Trade via Getty Images
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    EMVCo floats click-to-pay guidelines

    The proposed guidelines are the latest effort by the organization to introduce more industry standards for payments processing.

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    Steve Jennings / Stringer via Getty Images
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    Brex adds AI tool

    Brex, which got its start by offering corporate credit cards to startups, is one of many software vendors racing to bet on artificial intelligence.

  • An employee uses Square point of sale hardware
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    Courtesy of Square
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    Square CEO to depart

    Alyssa Henry, CEO of Block’s merchant business Square, will leave the company Oct. 2, handing over the post to co-founder Jack Dorsey.

  • Connecticut State Capitol
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    DenisTangneyJr via Getty Images
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    Connecticut moves to regulate EWA

    The state is instituting new lending regulations that are likely to apply to some earned wage access providers starting next month.

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    Justin Sullivan via Getty Images
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    Citi launches token service for institutional clients

    The service uses blockchain technology to convert clients’ deposits into digital tokens that can be used for instant, cross-border payments 24/7, the bank said.

  • A person's hand holding a phone and on the screen is an image of a shopping cart with a banner above that says "BUY NOW PAY LATER!A
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    Creative via Getty Images
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    BNPL users seek and use more new credit, Fed study finds

    Researchers with the Philadelphia Fed’s Consumer Finance Institute also discovered a typical BNPL user’s credit score was more than 50 points lower than a non-user's.

  • Dollar disintegrates into cyberspace.
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    Jason Reed via Getty Images
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    Digital dollar bill resurfaces in Congress

    The proposed digital dollar would create an electronic version of the U.S. currency, but it wouldn’t be the same as a central bank digital currency.

  • A customer pays for a purchase with a mobile device
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    Creative via Getty Images
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    Small businesses embrace digital payments

    Small business owners envision a cashless future, according to card giant Visa, even as some legislators move to protect unbanked and underbanked consumers.

  • People walk around in front of a truck offering free donuts.
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    Permission granted by Steve Smith
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    Battle over credit card bill escalates

    The fight over the Credit Card Competition Act is intensifying on Capitol Hill, with Senate floor diatribes and doughnut truck freebies. 

  • The exterior of the Consumer Financial Protection Bureau building
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    The image by Ted Eytan is licensed under CC BY-SA 2.0
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    CFPB flags risks of tuition payment plans

    In a new report, the federal watchdog highlighted the pitfalls of school-based tuition payment plans, including confusing repayment terms and a high cost for credit.

  • A corporate headshot of Stephanie Ferris, CEO of payment processor Fidelity National Information Services
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    Courtesy of FIS

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    FIS battles higher labor costs

    The run-up in labor costs at Fidelity National Information Services has eased, and the paytech services company is eyeing AI to keep them in check.

  • A person uses Square point of sale hardware
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    Courtesy of Square
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    Square apologizes for last week’s outage

    Block’s mea culpa for outages last week at its merchant unit, as well as its peer-to-peer business Cash App, acknowledged “this situation was made more difficult by our communication.”

  • An exterior image of a hotel
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    Robert Mora via Getty Images
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    Payments at MGM Resorts disrupted by cyberattack

    The incursion is part of a spate of recent attacks against hospitality companies, including at Caesars Entertainment, that have affected card transactions, ATMs and reward programs.

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    Courtesy of Grabango
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    Grabango lays off employees across several departments

    The frictionless checkout provider declined to specify the number of impacted team members, though multiple LinkedIn posts indicate cuts hit 40% of the company.

  • binance
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    Michael M. Santiago / Staff via Getty Images
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    CEO out at embattled Binance.US

    Brian Shroder joined the U.S. arm of the world's largest crypto exchange in 2021. Now, he's gone, as are one-third of the company's employees — who, unlike Shroder, were laid off this week.

  • Federal Reserve Board Vice Chair for Supervision Michael S. Barr with hand to ear as if trying to listen.
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    Win McNamee via Getty Images
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    Fed officials tout FedNow, seek adoption

    Fed officials are on a campaign to increase adoption of the new instant payments system, noting it may have implications for other Fed services.

  • Close up image of a person’s hand using a ballpoint pen to put a check or tick mark in a row of boxes on a paper form sheet. In an office environment.
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    Laurence Dutton via Getty Images
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    Discover shares pricing error findings with regulators

    Discover executives met with regulators on the issue Monday, and the company expects further discussion, CFO John Greene said.

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    katleho Seisa via Getty Images
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    Visa tracks spike in retail, e-commerce fraud

    Fraudsters developed sophisticated techniques to evade safeguards and steal payment credentials, the card network said in its biannual report.

  • Senator Roger Marshall (R-Kan.) speaks during a Senate HELP committee hearing
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    Kevin Dietsch via Getty Images
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    CCCA backers target vote this year

    Supporters of the proposed Credit Card Competition Act say Republican Sen. Roger Marshall foresees a Senate vote on the legislation this year.

  • Customer pays with card
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    dikushin via Getty Images
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    Stax CEO zeroes in on embedded payments

    Stax is honing its strategy to build on embedded payments as the company pushes its payment facilitation offering, CEO Paulette Rowe said.

  • PayPal CEO Dan Schulman sitting and gesturing with his hand.
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    Eugene Gologursky via Getty Images
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    PayPal CEO stresses stablecoin potential

    The digital payments pioneer has set its expectations high for growth in stablecoins, as regulators circle the space.