Fraud & Security

Visa Inc. said the People’s Bank of China has approved the global payment network’s Application to Prepare, a step toward the establishment of a domestic bank-card clearing institution in China. Visa’s goal is to establish processing for domestic payments in that country. Euna Solutions, a technology provider for the public sector, …

With the U.S. buy now, pay later market predicted to increase to $423.08 billion in volume by 2031, according to ResearchandMarkets.com, BNPL providers are busily updating and developing their products. Among them are equipifi Inc., with a tweak to its decision utility, and Zip Co Ltd. enlisting Google Cloud as …

Ransomware victims around the world totaled 2,760 in the third quarter, up 21% from the second quarter and 75% from the same period last year, according to the Q3 2026 Ransomware and Cyber Threat Insights Report from GuidePoint Security. Hospitality technology provider Mews released survey results that found 89% of guests …

Banking infrastructure provider Increase said it will use services from Spade to enable real-time merchant data for card transactions to appear on statements provided to consumers. FIS Inc. also said it would use Spade to provide clearer debit card descriptors. PAR Technology Corp. updated Bridg, its identity resolution and shopper …

Onboarding merchants is a critical part of acquiring, and two companies are tailoring their efforts to make it as easy and safe as possible. Payroc WorldAccess LLC released its Payroc for Developers platform to help software companies, independent software vendors, and development teams expedite their Payroc integrations. Meanwhile, LegitScript updated …

Invoice-management platform Basware has closed on its acquisition of Trustpair, a fraud-prevention technology provider focused on payments. Terms were not disclosed. The deal was announced in late August. The digital-asset trading platform XT Exchange launched a scan-to-pay capability for its XT Pay service, allowing XT app users to make purchases …

Consumers in New York City have a new option for canceling their online subscriptions with new rules issued by Mayor Zohran Kwame Mamdani becoming effective Thursday, Oct. 1. The click-to-cancel rules require subscription providers to make it as easy to cancel as it was to sign up. A similar federal …

E-commerce payments provider FastSpring announced it has introduced Cash App Pay as a payment method for its checkout. Block Inc. launched Cash App Pay on Square in 2021 and extended it to external sites the next year. Grocery chain The Kroger Co. launched its Kroger Rewards World Elite Mastercard, a credit card offering rewards good for …

Two-thirds of consumers walk away from a payment process that requires more than three steps, according to “The Competition for Consumer Payments,” a report from Datos Insights sponsored by SBT, a payments platform specializing in regulated industries. Datos surveyed 2,000 U.S. consumers in the second quarter for the report. 934 Ltd., …

Processor and core banking services provider FIS Inc. is taking a step to make it easier for debit card users at banks and credit unions to understand debit card transactions on their statements. It’s a move that could reduce chargeback inquiries. Developed with Spade, a New York City-based transaction data …