November, 2025

• 1 November

  Online, Yet Card Present

  

  Universal Air Travel Plan Inc. (UATP) last month announced it has partnered with Burbank, a United Kingdom-based fintech, to deploy an app that enables mobile devices to act as a POS terminal to process card-present transactions over the Internet. The app is embedded in the merchant’s mobile app, which eliminates …
• 1 November

  Payments 3.0: How Emergencies Spotlight the Need for Wage Access

  

  The latest government shutdown shows why workers need options for accessing their money independently of employer-set pay periods. From the start of the shutdown, many government employees were still working, but without the promise of a paycheck. Unfortunately, their bills did not stop when their paychecks did. They still needed …

October, 2025

• 1 October

  Security Notes: Cryptology: The Battle of Wits May Be Ending

  

  It has been going on for thousands of years. Smart people build secret codes, and smarter people crack them. New codes are put forth, smarter cryptanalysts show up. This long-lasting battle of wits has decided the fate of two world wars, as well as ancient conflicts. This smart-versus-smart drama is …
• 1 October

  Payments 3.0: AI’s a Big Deal. But Not As Big As You Think

  

  Artificial intelligence will be the reason many companies return to the office. Like every new technology, AI has sparked predictions of sweeping change. But history shows reality is usually more measured. The Internet didn’t erase brick-and-mortar retail or banking. Amazon bought Whole Foods and launched its Go stores, and the …
• 1 October

  Zelle Launches an SMB Feature As Volume Soars

  

  Zelle, the peer-to-peer payment service, appears on track for a banner year with a record 2 billion transactions processed in the first six months of 2025, a 19% increase from the 2024 first half. The dollar amount of these transactions increased more, reaching nearly $600 billion, up 23% from $481 …

September, 2025

• 1 September

  Security Notes: The Ever-Present Privacy Challenge

  

  “Tell me what you are buying and how much you are paying, and I will tell you what you are thinking of, what you wish for, what your plans are.” Our payment profiles, chewed on by artificial intelligence, serve as an open window to our most intimate whims and desires, …
• 1 September

  Sorting Winners From Losers in Debit

  

  With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while Capital One Financial Corp. emerges as the big winner. U.S. District Court for the District of North Dakota Judge Daniel …
• 1 September

  Payments 3.0: Who Owns the Data Shared Through Open Banking?

  

  A moonshiner’s case from almost 50 years ago could have an effect on the future of open banking. In 1973, firemen and a sheriff’s department responding to a warehouse fire found a 7,500-gallon-capacity distillery and 175 gallons of whiskey. The problem was no one had paid any taxes on the …

August, 2025

• 1 August

  QR Codes Make a Real Time Splash

  

  QR code payments have taken a big step towards becoming not only a mainstream payment option but also one that can accelerate the adoption of real-time payments. Early last month, the technology was used to facilitate a transaction over the FedNow network using the X9 standard. The demonstration transferred funds in …
• 1 August

  Payments 3.0: A Lighter Touch Doesn’t Mean You Can Ignore Regulators

  

  The payments industry expected the new administration to bring with it a wave of deregulation, but the reality seems to be a little different from the expectation. Under the leadership of Russell Vought, Consumer Financial Protection Bureau has withdrawn 67 guidance documents since January. This includes eight policy statements, seven …