With consumer spending remaining resilient, stablecoins and remittances represent future growth opportunities, Visa Inc. chief executive Ryan McInerney told equity analysts during the network’s 2025 fiscal third-quarter earnings call late Tuesday. On the stablecoin front, McInerney said Visa is supportive of the recently passed GENIUS Act, which provides a regulatory …
Read More »COMMENTARY: The Cost of Friction: Rethinking the Payment Experience
In the world of payments, it’s easy to focus on the visible costs—processing fees, transaction expenses, vendor rates. But often, the real cost hides in plain sight. It shows up when a payment fails, when a customer gives up mid-transaction, or when confusion leads to a flood of support calls. …
Read More »Darwinium Launches New Tools to Combat AI-Assisted-Fraud
Darwinium, a provider of cybersecurity software, has rolled out two new modules aimed at enhancing its digital-security and fraud-prevention platform. The modules detect criminals’ use of malicious AI agents to bypass a business’s fraud prevention defenses. The two new modules, called Beagle and Copilot, simulate malicious AI-based attacks to distinguish …
Read More »PayNearMe Shares a Lane With a Software Firm Catering to Auto Dealers and Lenders
Furthering its penetration into the transportation sector, PayNearMe Inc., a fintech that enables paying for online transactions with cash and other payment methods, on Monday said it has integrated its payments system with a business platform from Emotive Software Inc. for automobile dealers and independent lenders. The Emotive deal comes …
Read More »PayPal Launches Pay with Crypto for Cross Border Transactions
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 »Card 91’s AI Gambit and other Digital Transactions News briefs from 7/28/25
Card91, a payments-software platform based in India, announced merchant onboarding and verification technology based on artificial intelligence and aimed at banks and payment aggregators. FreedomPay’s gateway will support e-commerce and in-store payments for restaurants as part of an agreement with Deliverect, a provider of commerce technology for fast-food chains, including Taco …
Read More »Fiserv Faces a Suit Over Claims It Misled Investors on a Merchant Migration to Clover
Payment processor Fiserv Inc. faces a lawsuit over allegations it misled investors over how it handled migrating merchants to Clover from its now retired Payeezy payment gateway, according to Labaton Keller Sucharow LLP, the New York City-based law firm representing the plaintiff, the City of Hollywood Police Officers’ Retirement System …
Read More »Corpay’s Working Capital Move and other Digital Transactions News briefs from 7/25/25
Corporate card issuer Corpay announced it is selling off a fuel-card portfolio in a deal it says will bring in $60 million and free up $35 million in working capital, funds the company says will aid its $2.2 billion acquisition of Alpha Group International plc., a United Kingdom-based banking company. Pumpkin Insurance …
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 »Nuvei Looks to Boost Card Authorizations for North American Merchants
With merchants growing more heated in their opposition to card-acceptance costs, processors are looking for strategies that could help sellers gain from improvements in card authorizations. An example emerged early Thursday with news from the big Canadian processor Nuvei Corp. that it has introduced a pair of technologies it says …
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