Browsing: PaymentsSource

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…

The Consumer Financial Protection Bureau has been issuing a barrage of rules and enforcement actions ahead of next year’s change in the White House, including an…

David Paul Morris/Bloomberg Marqeta has spent the past two years trying to diversify its revenue sources beyond major client Block and believes facilitating buy now/pay later…

This news is developing. Please check back here for updates.Mastercard’s revenue rose 13% in the third quarter, topping analysts’ expectations and buoyed by healthy consumer spending…

Global Payments’ migration away from non-core products is accelerating as the payment company looks to supercharge a restructuring that initially fell flat with investors. The company…

The timing couldn’t have been worse for Hope Dmuchowski. There was a storm of bank failures, a scuttled acquisition by a well-heeled buyer with compliance issues. And…

UPDATE: This article includes comments from the company’s top executives and Visa’s outlook for its new fiscal year.Visa’s Chief Executive Ryan McInerney was critical of the…

Mobile wallets are becoming more popular with consumers, but banks shouldn’t expect plastic cards to disappear anytime soon.”It’s low-tech, but it’s also super easy. And muscle…