Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …

Small businesses in June felt the impact of consumer reaction to reduced inflation, with their overall sales up 4.4% from June 2024, according to the Fiserv Small Business Index for the month, released early Wednesday. While the year-over-year rebound was strong, sales from May to June this year retreated 1.4%, …

Banks’ position at the center of the U.S. payments system is under siege. New business arrangements, new regulations, and even new legislation seem to be looking to push financial institutions to the sidelines. Before now, banks and credit unions seemed to have a comfortable spot where they were needed to …

In an astonishingly brief time, crypto backed by fiat currency has been thrust from the margins to the main stage of the payments industry. It was easy to miss because it wasn’t widely reported outside of the business press, but it carried massive meaning for the payments industry. The Wall …

ATM producer and network-services provider NCR Atleos Corp. announced Monday that InComm Payments has adopted its ReadyCode application programming interface to enable cardless cash pick-ups at more than 23,000 U.S. ATMs. Atlanta-based NCR Atleos says ReadyCode-enabled ATMs are located inside retailers in 40 states. InComm, also based in Atlanta, provides …

It’s not a secret how cloud-based connectivity has changed payments, and now a quantifiable 78% of all point-of-sale product providers have at least one cloud-based POS product, finds the 2025 Directory of POS providers from TSG, an Omaha, Neb.-based payments advisory firm. The directory, which catalogs more than 5,500 data …

FlightLogger, a provider of software for flight training, has chosen BlueSnap Inc. as its payments provider globally. Gross proceeds to Circle Internet Group Inc. from its recent initial public offering came to $1.2 billion, a total that includes an agreement by underwriters to purchase an additional 5.1 million shares of Class A common stock …

PNC Bank early Wednesday announced the launch of PNC Mobile Accept, a card-acceptance solution for micro-merchants. The app allows very small merchants to accept card payments using their mobile phones or tablet computers without a requirement for external hardware and without paying monthly subscription fees, the bank says. The app …

Over the weekend, President Donald Trump withdrew the nomination of Jared Isaacman, Shift4 Payments Inc. founder and chief executive, as the nominee to lead NASA, the Associated Press reported. In a statement on Truth Social, Trump wrote, “After a thorough review of prior associations I am hereby withdrawing the nomination of Jared …

Filled with ideas and enthusiasm, U.S. small businesses have the drive to grow their businesses, but a low availability of tools and resources may hamper some of that ambition. Mastercard Inc. says its new Small Business Navigator can help with that. The program offers education, insights, protection, and planning tools, …