As payments companies, merchants, and consumers prepare for the growing use of artificial-intelligence agents in commerce, vendors, too, are getting ready for these independent, digital agents. Among the latest is Experian plc, best known as a credit-reporting agency, with its new Experian Agent Trust service and Kite AI with its …
Read More »Three Months In, the New PayPal CEO Sparks a Sweeping Reorganization
Barely three months since taking over the top spot at PayPal Holdings Inc., Enrique Lores is heading up a reorganization of the venerable payments company. Announced late Wednesday following a CNBC report earlier in the day, PayPal says it will migrate to a three-business operating model. The three are checkout …
Read More »Eye on Point of Sale: MoneyGram Adopts Stripe for Retail Locations; Lightspeed Divests Upserve
Stripe Inc. has notched money-transfer services as a customer category with MoneyGram’s adoption of the payment processor’s technology for its retail locations. Additionally, Lightspeed Commerce Inc. is selling Upserve, a hospitality point-of-sale platform it acquired in 2020. Dallas-based MoneyGram International Inc., which went private in 2023, says it will use …
Read More »A $10 Million Same-Day ACH Limit Could Be a B2B and Treasury Boon
Already a key growth area for same-day automated clearing house transactions, business-to-business and corporate-treasury payments could be set up for even more growth with Monday’s announcement of a new $10-million transaction cap set to take effect Sept. 17. Announced by Nacha, the ACH rulemaking body, the new cap is 10 times greater …
Read More »Many Consumers Say ‘No Thanks’ to Agent-Based Payments
It’s still early days for agentic commerce, in which artificial-intelligence agents could complete a shopping transaction on behalf of a consumer. And it appears consumers may want to forestall such transactions until they get much more comfortable with the technology, suggests the Riskified Agentic Commerce Pulse first-quarter report. Riskified, with …
Read More »FedNow Participants Get an API To Help Counter Fraud
FedNow, the real-time payment service offered by the Federal Reserve, will make what it calls a network intelligence API available beginning April 28. The API means FedNow users, be they banks, credit unions, or service providers, will be able to access receiver account-level data seen over the instant payment network. …
Read More »Zelle in Bill Pay Test with Truist
Zelle, the peer-to-peer payment service launched in 2017, is testing a potential new use case with the announcement of a bill-payment pilot with Truist Financial Corp. The pilot will look at how consumers could use Zelle to pay recurring credit card bills, with the potential for other bill payments, such …
Read More »Nuvei’s Direct Acquiring Move in Mexico Has Local and International Impacts
Nuvei Corp. is making its next move in Mexico with the launch of direct acquiring. This will enable businesses to process card transactions locally through Nuvei’s own licensed infrastructures, Montreal-based Nuvei says. The move enables Nuvei to operate directly inside domestic payment systems in Mexico, which should help merchants improve …
Read More »The Decrease in Identity Fraud and Scam Losses Might Be an Omen, Javelin Suggests
While there may be apparent good news in the 23rd edition of the Javelin Strategy & Research Identity Fraud Study, it’s likely premature to think that criminals and scammers are backtracking. In 2025, the combined impact of identity fraud and scams totaled $38 billion, down $9 billion or 18.6% from …
Read More »Nacha: Same-Day ACH First-Quarter Volume Grew 23.6%
The climb in same-day automated clearing house volume continues as 403 million of these payments were made in 2026’s first quarter, a 23.6% increase from the same quarter a year ago. Started in 2016 for credit payments only, same-day ACH volume has steadily grown, especially with the 2017 addition of …
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