Browsing: PaymentsSource

Buy now/pay later interest has picked up steam in recent years as more consumers become attracted to short-term installment lending to finance a variety of everyday…

Mastercard is accelerating its generative AI strategy as the technology makes inroads in the financial services industry, providing a source of new business for the card…

(Kyle Campbell/American Banker) The Clearing House’s real-time payments network and the Federal Reserve’s FedNow have gained hundreds of banks, but overall acceptance of instant settlement is…

Chris Ratcliffe/Bloomberg The Financial Conduct Authority has instructed the Treasury to designate certain technology firms as “critical technology providers,” or firms that could destabilize the United…

Crowd-sourced innovation is picking up steam with credit unions as they look to compete with larger banks in developing new payment technology. One payment fintech, Prizeout,…

As more businesses turn to digital assets for payments, banks should pay careful attention. “I can’t stress enough how much of a threat [that] crypto within B2B…

Affirm is drawing more consumers for its buy/now pay later loans and is now doubling down on getting those borrowers to use the firm more often.For…

The Republican party’s lurch to the populist right has changed the traditional script for payments industry deregulation, which is bad news for credit card interests hoping…

This is breaking news. Check back for more updates.Block’s shares were reeling Thursday, falling nearly 10% in after hours trading after reporting third quarter revenue of…

The election of Donald Trump as president and a Republican-led U.S. Senate projects an isolationist posture toward international commerce, threatening cross-border payments volume.London-base Wise, which processes…