The FIDO Alliance has launched an initiative to accelerate the adoption of verifiable digital credentials and identity wallets. The initiative will be led by the Alliance’s Digital Credentials Working Group (DCWG), EMVCo, the International Standardization Organization, The OpenID Foundation, and the Worldwide Web Consortium are also partnering on the initiative …

Seeking to provide an alternative to rewards credit cards, Klarna AB has expanded its Premium and Max membership programs in the United States. Klarna’s membership program is a monthly fee-based service that offers consumers such rewards as cashback, exclusive deals, and lifestyle rewards, as well as airport lounge access and …

California Pizza Kitchen has signed with restaurant-technology provider OneDine LLC to deploy its platform in more than 100 CPK locations in the United States. The deal is a reminder that restaurant point-of-sale and management technology is one of the hottest acquiring markets in digital payments. OneDine’s platform, which the company …

While credit cards are the most common way small businesses pay for a purchase, a growing number are embracing buy now, pay later loans as a payment option. At the same time, many small businesses are opting not to pay by card in order to avoid a surcharge, finds J.D. …

Consumer spending is expected to remain strong on Cyber Monday, after merchants saw robust holiday sales over Thanksgiving weekend. Shoppers in the United States are projected to spend $14.2 billion online on Cyber Monday, a 6.3% increase from a year ago, says Adobe Analytics. Spending is expected to peak at $16 …

Online shoppers have spent $79.7 billion in the first 23 days of the 2025 holiday shopping season, a 7.5% year-over-year increase, Adobe Analytics finds. Within that period, online shoppers spent more than $3 billion in a single day on 22 days, up two days from last year. Discounts played a big …

Consumers will spend less between Black Friday and Cyber Monday than they did last year, despite a higher percentage of consumers planning to purchase during the four-day holiday shopping period, finds Deloitte’s 2025 Black Friday-Cyber Monday survey. Consumer spend per person during the Black Friday and Cyber Monday shopping events …

Worldpay LLC has launched an open-source standard to help developers create artificial intelligence-based commerce agents and connect AI apps to external systems. The standard, known as the Model Context Protocol, enables such AI apps as ChatGPT to connect to databases, search engines, and workflows, or specialized prompts, to access information …

Fraudsters are becoming better organized and building industrial-strength infrastructures to commit fraud, making their actions harder to detect and prevent, says Visa Inc.’s Fall 2025 Biannual Threats Report. The report, which pulls data from the Visa’s global network, identifies the five biggest fraud threats facing the payments ecosystem: the industrialization …

FICO (Fair Isaac Corp.) has partnered with open-banking platform Plaid Inc. to develop the UltraFICO score, a credit score that includes real-time cash-flow data from Plaid. The new scoring model is intended to give lenders a more comprehensive view of a consumer’s credit readiness. The UltraFICO score will weigh a …