Credit and debit card use is up, but cash remains in 76% of consumer wallets, finds the 2026 Diary of Consumer Payment Choice, released by Federal Reserve Financial Services. Now in its 10th year, the report found that, on average, a consumer made six monthly cash payments in 2025, down …
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Visa Inc. said it made the first-ever use of its Tap to Confirm and Tap to Activate technology for issuing banks in collaboration with fintech Keyno and Fidelity Bank (Bahamas) Ltd. Visa said instead of using one-time passcodes, call center verification, or other processes, cardholders can confirm their identity or activate …
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A Colorado bill that would eliminate sales tax as part of the interchange fee calculation has moved to Gov. Jared Polis’s desk for review following passage Wednesday in the Colorado House. It passed a state Senate vote last week. Similar in some ways to the Illinois Interchange Fee Prohibition Act, …
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Point-of-sale technology provider NCR Voyix Corp. reported March-quarter revenue dipped slightly to $606 million compared to $612 million in the year-earlier period, led by a 6% slide in restaurant revenue, to $179 million. The company narrowed its net loss to $5 million from $17 million a year ago. Point-of-sale systems provider Aptos LLC said Boot …
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Card-issuing platform Marqeta Inc. reported it processed $112 billion in transaction volume in the March quarter, up 33% year-over-year, generating revenue of $166 million, a 19% rise. Net income swung to a positive $8 million from an $8-million net loss a year ago. MoneyGram will work with the crypto platform Kraken worldwide to allow …
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Fiserv Inc. posted revenue of $5 billion in the first quarter, a 2% decrease from $5.1 billion in the 2025 first quarter. By segment, merchant solution revenue was flat at $2.4 billion, though the operating margin for it fell to 26.4% from 34.2%. Fiserv’s financial solutions segment at $2.3 billion was …
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Loyyal, a payments and loyalty platform operating internationally, introduced OfferPoint, a marketplace seeking to help banks and digital wallets boost card-based spending and consumer engagement. Collectly, a credit card and buy now, pay later specialist, said it is partnering with the fintech Sunbit to offer financing options to patients both …
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Like other international payments networks, Mastercard Inc. is wrestling with the impact of the conflict in the Middle East while at the same time adjusting to the ripple effects of agentic commerce and digital currency. Early Thursday, the company’s top executives took pains to assure the financial community that they’re …
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Shift4 Payments Inc. said it will provide point-of-sale services at Wrigley Field, home of the Chicago Cubs Major League Baseball team, and at Gallagher Way, the entertainment district adjacent to the ballpark. American Express Co. announced new and beefed-up benefits to mark the 60th anniversary of its gold card, including quintupled membership …
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Visa Inc. early Wednesday announced it is expanding support for agent-led commerce to Latin America and the Asia-Pacific region, and also said it is widening its venture in stablecoins with the addition of five blockchains, bringing the total to nine. The five additional blockchains include Arc from Circle Internet Financial, …
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