Near-field communication technology that has found its way into almost every credit and debit card could also be used to enable video gamers to pay for new games and movies with a tap of the card against a Sony PlayStation controller, according to a recent patent by the electronics giant. …
Read More »FedNow To Test International Real-Time Payments
International expansion of U.S. real-time payment services seems to be at hand as FedNow, the instant-payment service operated by the Federal Reserve, prepares to test cross-border transactions. Announced Wednesday, the test will involve a group of organizations that were not named. They will test “FedNow enhanced message formats that facilitates …
Read More »Consumers Yearn for Cheaper And Faster Remittances, Visa Finds
Remittances across borders are a welcome but expensive cross-border payment service for many, finds a new Visa Inc. report, “Money Travels 2026.” With the U.S. alone sending $107.1 billion in outbound remittances in 2025, according to World Bank data, remittances can have a significant impact on recipients. Yet, many have …
Read More »Fanatics Names Afterpay to Preferred BNPL List; Landmark Global’s Shopify App Debuts
With the e-commerce arena weeks away from one of its busiest times of the year, retailers and vendors are readying their checkouts. Sports apparel merchant Fanatics Inc. says Afterpay is its preferred buy now, pay later provider and Landmark Global, which helps merchants with cross-border e-commerce transactions, says its new …
Read More »Eye on AI: Juniper Forecasts AI-Fueled Banking Fraud; True Fit Sizes up Glance
Consumers and merchants may stand to benefit in many ways from agentic commerce and artificial intelligence, but fraudsters may also see what they consider plusses of the data-centric technology, with Juniper Research forecasting global fraudulent transactions in digital banking and money transfer surpassing 2.2 billion by 2031, influenced by the …
Read More »The Business of Payments Isn’t Technology
Square Doubles Down on Its Renewed Interest in ISOs as a Sales Channel
Square is making a big play for independent sales organizations, a merchant-sales model it shunned 16 years ago in favor of direct acquiring. Square, the point-of-sale and acquiring unit of Block Inc., is one of the sponsors of the Western States Acquirers Association conference this week in Palm Desert, Calif. …
Read More »Eye on POS: Kwik Fill Picks PAR; TNS Eyes Unattended Payments with UCP
Convenience-store chain Kwik Fill, with more than 300 locations in New York, Pennsylvania, and Ohio, will use PAR Technology Corp.’s PAR Retail service for payments, loyalty, and a mobile app. In related news, Transaction Network Services Inc., or TNS, says a new partnership with Unattended Card Payments will boost its …
Read More »Digital ‘Frankenstein’ Identities Saturate The Dark Web
In an ideal world, a report about the low costs of personally identifiable data that can be stitched together to create a synthetic identity, a proverbial Frankenstein, would be nonexistent. That’s not the world today, however. A new report from Coveron, an identity-theft protection service, outlines how cheap it is …
Read More »Cash App Is Testing Peer-to-Peer Business Payments For Very Small Merchants
Sole proprietors on the Cash App platform may have a way to accept payments from consumers who also have Cash App accounts. Cash App, a part of Block Inc., says a test of Cash App-funded payments to a sole proprietor with a Cash App account is under way now. It …
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