Browsing: payments

The company says the 90-day non-mortgage balance delinquency rate was 1.63%, up 14% compared with the third quarter last year. The increase came as overall consumer…

Things are getting more interesting in the mortgage world, at least when it comes to earning rewards.One of the nation’s largest mortgage lenders, Fairway Home Mortgage,…

Key insights: Lloyds Banking finalized its controversial acquisition of Curve, a London-based digital wallet provider.What’s at stake: Apple has opened its mobile payments technology, creating room…

Key insight: Agentic AI is automating repetitive back-end payment operations for banks and credit unions.Expert quote: Human oversight remains essential amid regulatory scrutiny, according to Cornerstone…

Key insights: Affirm’s founder and CEO discusses how he sees agentic AI reshaping shopping and personal finance and why that’s good for consumers, and Affirm. What’s at…

Key insights: Global Payments earnings beat Wall Street estimates. What’s at stake: The payment company’s deal to acquire Worldpay has cleared major regulatory hurdles. Forward look: Global Payments…

Key insights: The government shutdown could harm payment flows for thousands of businesses. What’s at stake: A lingering dispute could spread uncertainty into broad sectors of the…

Sopa Images | Lightrocket | Getty ImagesPayPal has signed a deal with OpenAI to have its digital wallet embedded into ChatGPT so users can pay for…

Key insight: Cross-border payments are popular, but still complex and expensive. What’s at stake: Not supporting international commerce can harm a bank’s ability to compete. Forward look: Swift…

Key insights: JPMorgan Payments logged record revenues of $4.9 billion in the third quarter, a 14% year-over-year increase. Excluding the impact of equity investments, payments revenue…