Caution among consumers when it comes to spending has led more than half of them to favor debit cards for purchases by a wide margin over credit cards, while a significant percentage want control over when their bills are paid, according to the latest ACI Speedpay Pulse Report from the …

Bottomline Technologies Inc. early Thursday unveiled Global Pay Connect, a platform aimed at easing real-time payments adoption for banks through APIs. The move comes as the company’s research indicates 40% of chief financial officers at banks name outdated technology as the biggest obstacle to real-time payment adoption. “Financial institutions are …

As spending enabled by stablecoins picks up momentum, payments players are beginning to see a need to guard against agentic transaction fraud involving cryptocurrency as the medium of exchange. The latest example of this unfolding concern emerged Thursday. Contending that “blockchain analytics was built for a pre-agentic world,” London-based risk-management …

Block Inc.’s Square point-of-sale unit said early Thursday it will support transactions at just under 100 locations belonging to Whit’s Frozen Custard, a 23-year-old restaurant chain based in Granville, Ohio. The move comes as the chain begins planning expansion to more locations. Whit’s, which operates stores in 11 states located …

The stablecoin-payments platform Circle Internet Group Inc. said early Tuesday it has agreed to acquire Tazapay, a business-to-business cross-border payments technology developer based in Singapore and serving financial institutions and payment-service providers. Tazapay processes more than $25 billion in payment volume annually, of which approximately 60% includes stablecoins. The parties …

As embedded services take on added importance in payments and banking, financial institutions are adding the products at a faster clip, presenting payments processors with new business opportunities. On Thursday, the processor FIS launched FIS Embedded Banking Platform, which it says is its first embedded-finance platform designed for banks. With …