Credit Cards

Citigroup Inc.’s U.S. consumer-cards business says it will acquire card-marketing specialist Kard Financial Inc., while card issuer processor platform Lithic pairs with Monavate and online-gaming specialist Grandstand Ltd. issues a high-limit debit card. Citi, which has not disclosed terms of its deal, says New York City-based Kard provides personalized rewards …

Findustry AI, an artificial intelligence platform specializing in payments, said its Chargeback Agent program is available for merchants processing with Maverick Payments. Chargeback Agent helps merchants automatically collect evidence from merchant systems, interprets card network requirements, builds the rebuttal, and submits responses, reducing the time to respond to a chargeback and potentially …

Small businesses dominate the U.S. economy, and two payments companies are taking steps to ensure they offer relevant services. First, Square added 3% cash back on Square Bill Pay transactions and the ability to pay vendors even if they don’t accept cards. And, with J.P. Morgan Payments’ backing, Dream Payments …

Repay Holdings Corp. reported second-quarter revenue of $100.7 million, up 33% year-over-year, with $21 million contributed by Kubra Data Transfer Ltd., a bill-payment platform Repay acquired for $372 million in cash on June 1. Repay narrowed its net loss to $11.5 million from $108 million a year ago. Bill pay services …

Account-to-account payments are about to meet the agentic-commerce age with a new partnership between Sionic, a bank-to-bank payments provider, and Agentix, an agentic-commerce technology firm. In the deal, Atlanta-based Sionic will supply an artificial-intelligence shopping agent with its Bank Perks to enable payment directly from a user’s bank account. Bank …

Payments platform Repay Holdings Corp. launched REPAY Voice, a voice-response system using artificial intelligence to process consumers’ bill payments. Earlier this month, the company said it was working on a system to enable bill payments via text messaging. PAR Technology Corp., a specialist in restaurant point-of-sale processing, reported June-quarter revenue of $133.4 million, …

Buy now, pay later provider Klarna AB said it completed an integration with J.P. Morgan Payments that enables merchants on the processor’s Commerce Platform to offer Klarna’s BNPL options at checkout with no integration on the merchant’s end. Fraud prevention services firm Signifyd said e-commerce fraud increased 33% this year over last in its …

Point-of-sale technology provider Toast Inc. reported gross payment volume of $60.7 billion for the June quarter, up 22% year-over-year, as total locations served also grew 22%, to approximately 180,000. Revenue totaled $290 million, up nearly 28%, with net income totaling $154 million, a 93% rise. Also, BHW Hotels, parent of WorldHotels, Best Western, …

The Western Union Co. and payments-technology developer Rain have launched a digital wallet and credit card that can enable money transfers using stablecoins from a card-linked account. Called Stablecard, the product works with the stablecoin USDPT, also introduced Tuesday. Stablecard is going live in 37 markets, according to Western Union, …

More evidence has emerged that consumers are wholeheartedly embracing payment apps and digital wallets as these two payment methods are used by most consumers, finds the WSFS Bank 2026 Money Trends Survey. Among the 1,022 respondents, 73% regularly use a payment app in 2026, up from 67% in 2023, and …