Plans to attach an amended version of the Credit Card Competition Act to a cryptocurrency-infrastructure bill were shelved Thursday, effectively leaving two versions of the bill floating around Congress. The CCCA was amended late last week to include a provision that called for enforcement of the CCCA under antitrust law, …
Read More »Visa Says It’s Positioning Itself to Be a ‘Hyperscaler’ in Payments
Visa Inc. chief executive Ryan McInerney touted the card network’s ability to build and deliver innovations and scalable technologies as drivers behind the company’s strong fiscal first quarter 2026 results. Processed-transaction dollar volume grew 8% year-over-year in the quarter to nearly $4 trillion in constant dollars, with transactions up 9% …
Read More »Zelle Beefs Up Access to CUs and Community Banks, Adds More Resellers
Zelle, the peer-to-peer payment service operated by Early Warning Services LLC, announced late Tuesday 337 financial institutions joined the network in 2025. The majority of the institutions are community banks and credit unions with assets of less than $10 billion. The influx of new financial institutions gives Zelle access to …
Read More »Crypto Is Moving Into the Payments Mainstream, a New Study Finds
Merchants and consumers are embracing cryptocurrency as a mainstream payments option, according to a study from the National Cryptocurrency Association and PayPal Holdings Inc. Some 39% of merchants surveyed accept cryptocurrency at checkout, while 84% believe crypto payments will become common in the next five years, the study says. A …
Read More »Fiserv And Affirm Will Offer BNPL to Debit Card holders
Affirm Holdings Inc. early Monday widened banks’ access to its buy now, pay later loan programs for debit card holders through a deal with Fiserv Inc. The deal will enable banks on the Fiserv network to integrate Affirm’s pay-over-time solution into their debit card programs via their digital-banking and mobile-app …
Read More »Equifax Launches AI-based Synthetic Identity Fraud Detection as Companies Turn to AI
Equifax Inc. early Friday launched an application to identify synthetic identity fraud. The app, known as Synthetic Identity Risk, uses artificial intelligence to analyze identity data, credit histories, and behavioral signals to determine whether an account belongs to a synthetic identity. Synthetic identities, which criminals use to open credit card …
Read More »Stablecoins Are a Mainstream Form of Digital Payments, Zerohash Finds
Stablecoins have moved into the mainstream of digital payments, according to a report from cryptocurrency platform provider zerohash. In 2025, stablecoin transaction volume as measured in U.S. dollars increased nearly seven-fold year over year, while the average transaction size rose 157%. In addition, the number of customers actively transacting with …
Read More »Abrigo Launches an ACH Fraud Detection Solution
Abrigo Inc., a provider of credit risk, compliance, and lending solutions for financial institutions, announced early Wednesday the launch of Abrigo Fraud Detection for ACH. The solution detects fraud for inbound automated clearing house transactions, ACH check deposits, wire payments, and ACH origination and receipt. Support for additional payment types …
Read More »Forage Partners With Adyen to Process SNAP Payments
Forage Technology Corporation Inc. has partnered with Adyen NV to enable Adyen merchants in the United States to accept SNAP EBT payments. Some 42 million U.S. consumers receive the benefits. SNAP, short for the Supplemental Nutrition Assistance Program, is a federal assistance program administered by the U.S. Department of Agriculture’s …
Read More »How Steak ‘n Shake Slashed Costs With Crypto; MEXC Launches a Crypto Credit Card
Restaurant chain Steak ’n Shake says it has reduced its transaction fees by nearly 50% compared to credit card acceptance costs, while at the same time increasing sales by 15%, since it began accepting bitcoin last May. Steak ‘n Shake has nearly 400 locations in the United States. Steak ‘n …
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