The Latest

  • American Express sticker on a window
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    Justin Sullivan via Getty Images

    Amex debuts B2B payments system

    The card company is adding to its product line-up in an attempt to cater to small businesses as they try to recover from COVID-19 pandemic lows and face inflationary pressures.

  • bank of america flag waving in Charlotte
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    Davis Turner/Stringer via Getty Images

    Credit card delinquencies, charge-offs climb

    Despite the increases, consumers are still faring better in paying off balances than they were prior to the COVID-19 pandemic, according to S&P Global Market Intelligence.

  • A person holds a mobile phone with a screen that has a vest on it.
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    Anchiy via Getty Images

    Harvard researchers flag BNPL risks

    The working paper shines a spotlight on BNPL risks just as the payment method lures more consumers amid high inflation.

  • An image from NFL Zone featuring Visa branding.
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    Courtesy of NFL

    NFL expands Fortnite presence with Visa

    The NFL Zone will be a persistent presence featuring mini-games, virtual tailgating experiences and content from creators. 

  • Amazon Go
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    Retrieved from Amazon press page.

    Amazon adds store with Just Walk Out tech

    The 5,000-square-foot location in Southern California marks the latest addition in a region where the e-commerce giant operates numerous brick-and-mortar retail stores.

  • Person laying back on a couch with a computer and a credit card shopping.
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    pixdeluxe via Getty Images

    Struggling consumers turned to financing for holiday shopping: report

    Buy now-pay later providers saw increased use during Black Friday, but credit and debit were the top payment methods for online orders.

  • Woman paying at boutique.
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    bymuratdeniz via Getty Images

    FIS, Fiserv could benefit from credit legislation

    Legislation aimed at creating competition for card giants Visa and Mastercard could be a boon for payments companies FIS and Fiserv.

  • Person shops online with a Christmas tree in the background.
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    NoSystem images via Getty Images

    ACI charts 15% rise in holiday e-commerce

    The payments software company said buy now-pay later made a big showing as e-commerce shot up for holiday shopping between Friday and Monday.

  • Visa cards stacked and splayed
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    Justin Sullivan via Getty Images

    Visa growth tapers in October, November

    The card network’s payments volume grew in October and November, relative to last year, but at a slower pace than earlier in the year.

  • Shoppers pass stores on Black Friday.
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    Jessica McGowan / Stringer via Getty Images

    Afterpay BNPL transactions climb

    Afterpay transactions more than doubled last week relative to the first week of October, Block reported, as more consumers leaned on buy now-pay later financing.

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    Justin Sullivan / Staff via Getty Images

    Banks discuss refund rule for customers defrauded on Zelle: report

    Under measures being discussed, banks would share liability inside Zelle’s system and guarantee to reimburse one another, sources told The Wall Street Journal.

  • Officials and employees celebrate the grand opening of Fiserv's Berkeley Heights, New Jersey office on Nov. 15.
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    Permission granted by Fiserv

    NJ official: No reason to doubt Fiserv job growth plan

    Fiserv “has given us no indication that (the company has) any change of plans in New Jersey,” said Tim Sullivan, CEO of the state’s Economic Development Authority.

  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images

    PayPal counts on its digital app for gains

    The digital payments pioneer is scouting for new ways to increase customer use of its digital wallet, including plans to add a new Venmo teen account.

  • A handful of people using the escalator at an indoor mall
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    Kena Betancur / Stringer via Getty Images

    Winners, losers on Black Friday

    With inflation looming, consumers yearned for deals and sought financing options, such as buy now-pay later installment payments.

  • A cashier hands a shopper their credit card
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    Joe Raedle / Staff via Getty Images

    FIS may cut thousands of workers, Bloomberg reports

    The news report on workforce reductions at the payments processor follows its announcement earlier this month that it would embark on a $500 million cost-cutting program.

  • Fiserv headquarters in Brookfield, Wisconsin
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    Google Maps

    Fiserv adopts new executive severance policy

    The payments company’s board adopted the executive severance policy this week even though it opposed a similar shareholder proposal in May.

  • Window with sticker showing logos for Visa, Mastercard and American Express.
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    Scott Olson via Getty Images

    Demand for credit cards climbed this year

    Consumer demand for credit cards rose this year over prior years, and card issuers increasingly approved their applications despite the worsening economic climate.

  • Person walking by Chase bank building
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    Spencer Platt via Getty Images

    JPMorgan’s crypto wallet trademark is approved

    The green light comes more than two years after the bank submitted paperwork to the U.S. Patent and Trademark Office, and is at odds with some statements by its CEO.

  • Several passengers in silhouette walk through a concourse at Ronald Reagan National Airport.
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    Drew Angerer via Getty Images

    Afterpay, Expedia link for travel BNPL

    The buy now-pay later provider and the travel booking company are teaming up to allow consumers to spread out payments for flights and hotels.

  • Visa cards stacked and splayed
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    Justin Sullivan via Getty Images

    Visa’s next CEO sees a world of growth

    Ryan McInerney, who will become CEO of the card network juggernaut next year, recently detailed the areas where he sees opportunities for the company.

  • 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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    B4LLS via Getty Images

    BNPL connected to overdraft charges, card fees: study

    Heavy users of buy now-pay later ― which researchers said inspires consumers to spend beyond their means — showed larger declines in financial health, a recent academic study determined.

  • A stethoscope rests on a medical insurance claim form.
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    iStock / Getty Images Plus via Getty Images

    PayZen raises $20M, lands debt facility

    The fintech aims to extend buy now-pay later financing options to consumers for healthcare payments.

  • A person sits in front of a computer online shopping while a Christmas lights are in the background.
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    Anchiy via Getty Images

    Holiday shoppers boost card use this year

    Families of all income levels plan to increase holiday spending this year, and they expect to rely more heavily on credit cards for their purchases.

  • Venezuelan soccer players on field
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    Edilzon Gamez via Getty Images

    World Cup offers stage for payments tech

    While one card network giant has grabbed center stage at the World Cup event in Qatar, other payments companies have landed bit roles too.

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    Roy Rochlin via Getty Images
    Opinion

    Credit swipe-fee relief needed

    “Congress has a responsibility to bring much-needed transparency and competition” to credit card swipe fees, writes the chairman of the trade association for 7-Eleven franchisees.