An increasing focus on stablecoin initiatives, agentic commerce, and payments innovation helped propel Visa Inc. to a strong 2025 fiscal year and helped the card network to meet its goal of becoming a “hyperscaler” for companies in the payment ecosystem, Visa chief executive Ryan McInerney told analysts during Visa’s 2025 …

Worldpay Inc. early Monday launched its Authentication Optimization service, which uses artificial intelligence to make real-time decisions on whether to authenticate a transaction using 3D Secure or to directly authorize the payment using such factors as risk and issuer preference. The service is being made available to merchants in non-3D …

Alacriti, a provider of cloud-native payment and money-movement services, has integrated Visa Direct into its Orbipay Payments Hub. The integration will enable financial institutions in North America to provide card-based real-time payments, even if they do not have a connection to a real-time payments hub, such as the RTP network …

Attorneys for plaintiffs and defendants in the lawsuit challenging the Illinois Interchange Fee Prohibition Act presented oral arguments Wednesday on plaintiff’s motion for Summary Judgment in the case. Attorneys for the plaintiffs argued that the preliminary injunction against the IFPA be broadened so that all financial institutions are exempt from …

Payments-technology provider Finzly announced early Wednesday its launch of technology that allows financial institutions to create AI agents to automate payment processing and operational workflows, and make informed decisions on the bank’s behalf in seconds. The launch, what Finzly calls Agentic Galaxy, comes at a time when financial institutions are …

The average payout for a ransomware attack has increased despite a drop in the number of times an organization is attacked annually, a study by cybersecurity firm ExtraHop Networks Inc. finds. The average payout per attack the past year was $3.6 million, up from $2.5 million. The number of ransomware …

Global Payments Inc. has expanded its reach into the highly competitive world of payment processing for sports teams and entertainment venues through a deal with sports and venue-management company Harris Blitzer Sports & Entertainment LLC. Global Payments will be the official payment technology provider for the Prudential Center, as well …

MoonPay USA LLC has launched MoonPay Commerce, a platform that enables merchants to accept cryptocurrency for products, services, and subscriptions. MoonPay built the platform using technology from its acquisition of Helio earlier this year. Developers and merchants can integrate MoonPay Commerce, which is already being used by 6,000 merchants, using …

Universal Air Travel Plan Inc. (UATP) early Thursday announced it has partnered with Burbank, a United Kingdom-based fintech, to deploy an app that enables mobile devices to act as a POS terminal to process card-present transactions over the Internet.   The app is embedded in the merchant’s mobile app, which …

SpotOn Transact LLC has integrated Visa Direct, a faster-payments service, into its DayCheck earned-tip payment app. The integration will allow restaurant owners to simplify tip payouts and enable restaurant employees to move tips directly to their bank accounts. San Francisco-based SpotOn says restaurant operaters are squeezed by working capital challenges …