Browsing: PaymentsSource

Buy now/pay later provider Sunbit has its sights set on the co-branded credit card industry in an effort to create a distinct niche in a market…

The Treasury Department has named Bank of New York Mellon to take over the lucrative contract previously held by Comerica Bank to operate the Direct Express…

Even though buy now/pay later is a rival product to credit cards, Visa and Mastercard have both embraced installments, with Visa adding BNPL fintech Affirm as…

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…