PayPal Holdings Inc. early Monday launched Pay with Crypto, a cross-border payment option that instantly converts cryptocurrencies to stablecoins or fiat currencies. The new payment option provides merchants and consumers a unified platform that connects fiat and digital payments and supports more than 100 cryptocurrencies and crypto wallets, such as …
Read More »Samsung Adds Installment Loans to Its Mobile Wallet
Samsung Electronics America is partnering with Splitit USA Inc. to offer installment payments to Samsung wallet users. The new feature will enable Samsung wallet users to make in-store purchases using an existing Visa or Mastercard card in their wallet and pay for the purchase over time. Samsung wallet users will …
Read More »PayPal Enables Mobile Wallet Interoperability Globally With the Launch of PayPal World
PayPal Holdings Inc. early Wednesday launched PayPal World, a series of partnerships that will connect digital wallets outside the United States to its platform and enable interoperability with PayPal and Venmo wallets at the point of sale. PayPal World, which will go live this fall, will enable users to pay …
Read More »PayPal Leverages AI to Roll Out Dynamic Real-Time Fraud Alerts
PayPal Holdings Inc. announced early Tuesday the launch of an AI-powered fraud-detection system that provides PayPal and Venmo users real-time alerts before a payment is made. The new feature, available to PayPal and Venmo users globally, is intended to protect users from sending payments that are not eligible for refunds, …
Read More »Same Day ACH Remains the Driver of Overall ACH Volume
Same-day automated clearing house payments continue to enjoy robust growth, totaling 336.4 million transactions during the second quarter, a 15% increase compared to a year earlier, says Nacha, the regulatory body for the automated clearing house network. Same-day ACH dollar volume during the quarter totaled $980 billion, up 22%. Through the …
Read More »Congress Passes The GENIUS Act Without a CCCA Amendment
The House of Representatives on Thursday passed the GENIUS Act, a bill aimed at regulating stablecoins, giving the nascent digital currency a boost as a mainstream payment option. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act is intended to provide a legal structure for stablecoins and enhance …
Read More »Peter Piper Pizza Rolls Out SoundHound’s AI Ordering Platform
SoundHound AI Inc. announced late Wednesday that the restaurant chain Peter Piper Pizza has begun rolling out its AI ordering system. The chain, which operates more than 120 locations in the United States and Mexico, is starting the rollout across its 41 restaurants in Arizona and Albuquerque, New Mexico. The …
Read More »Data Breaches Remain High As Troubling New Threats Emerge
The number of publicly reported data breaches through the first half of 2025 totaled 1,732, up 5% from the same period a year ago, according to the Identity Theft Resource Center. Despite the year-over-year increase in breaches, the number of victim notices in the first half of 2025 totaled 165.7 …
Read More »Chargebacks Are Costing Merchants More As Consumers Look to Their Bank First to Resolve Disputes
Chargebacks cost U.S. merchants more than $170 billion annually, according to Chargebacks911’s 2025 Cardholder Dispute Index. The average dollar value of a transaction disputed with a consumer’s bank over the prior 12 months was $84, a 10.5% increase from 2024. The top reason for chargebacks is unauthorized transactions on a …
Read More »Amazon Closes the Books on Record-Setting Prime Day Sales
Online shoppers spent a record $24.1 billion during Amazon.com Inc.’s annual Prime Day sales event, a more than 30% increase from a year ago, according to data compiled by Adobe Analytics, which tracks the epic sales event. The final sales tally for the four-day extravaganza was more than twice what …
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