Competitive Strategies

Chime Financial Inc., a banking-services fintech, unveiled Chime Prime, a rewards platform for customers who use Chime as their primary checking account. Users must receive at least $3,000 each month in qualifying direct deposits to be eligible for rewards, which include 5% cash back on certain spending using the Chime …

As artificial intelligence continues to work its way into more facets of commerce, consumers and businesses may not be ready to go all in just yet. That day may come, however, if a report from Visa Inc. and another from Aevi prove accurate. First, Aevi, a Germany-based payments platform, found …

Elavon Inc., the merchant-services subsidiary of U.S. Bancorp, has expanded its relationship with embedded-finance platform provider Liberis US Inc. to offer its Quick Capital service to merchants in Canada. The expansion will enable small and medium-size businesses in Canada to access funding through Elavon’s merchant portal. The move is expected …

A fintech startup called CARD91 launched VerifyIQ, an AI-based identity-verification tool for card issuance, account opening, and other applications. BitRail LLC, a provider of digital wallets and payment technology, said it has added new services in partnership with the processor PaymentLock Inc., including branded online checkout and pay-now buttons, a virtual terminal, …

U.S. consumers are nothing if not habit-driven. New research from Global Payments Inc. suggests that credit and debit cards accounted for 49% of all online shopping and 71% of in-store shopping in 2025, as reported in the 2026 edition of the Global Payments Report. That is virtually unchanged from 49% …

Firms looking to bring stablecoins and other cryptocurrencies into the payments mainstream are working a variety of angles, as illustrated by news on multiple fronts that emerged early Tuesday. Convera USA LLC, a business-to-business payments platform and provider of foreign-exchange services, announced it will work with Ripple Labs Inc. to …

Repay Holdings Corp. said it has agreed to pay approximately $372 million to acquire Kubra Data Transfer LTD., a provider of bill-payment technology with more than 250 clients. The payment will be financed with cash on hand and debt financing, Repay said. Payway Inc., a developer of payment software, said its …

Zelle, the peer-to-peer payment service from Early Warning Services LLC, is renewing its effort to bring more minority deposit institutions, be they banks or credit unions, into its program. Announced Monday, this year’s effort again works with credit union service organization Velera to recruit financial institutions that primarily provide services …

Metro Credit Union will install the nFinia Digital Banking Platform from banking and payments technology provider Tyfone Inc., citing a need for faster-payments and open-banking capabilities. Governments are finding that while they can create digital payment services getting people to use them is another story. 78% of agencies are now offering …