Law and Regulation

With at least two AI agents available that can make payments on behalf of users, payments companies are preparing for a larger role for agentic commerce. American Express Co. Tuesday published a framework for trusted agentic commerce, something it hopes could be part of a larger standard for the payments …

The Federal Trade Commission is looking into whether Block Inc. stopped short of assisting Cash App users whose accounts had been frozen or deactivated, Bloomberg reported Thursday. Block, the parent company of the point-of-sale technology platform Square and the financial technology Cash App, froze or deactivated Square accounts holding funds …

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 …

Canadian consumers made 26.7 billion retail payments in 2025 totaling $12.9 trillion, up 5.7% in value over 2024, according to the Canadian Payment Methods and Trends Report released Tuesday by Payments Canada. Point-of-sale system maker NCR Voyix Corp. said its new integration with TruAge, a digital age-verification service, will help its …

Surcharging compliance, once the sole domain of card brands, has spread into a patchwork quilt of state regulations that is making software providers and their payments partners feel the squeeze. The issue has little to do with the card brands, which altered their rules in 2013 to allow surcharging on …

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 …

Fiserv Inc.’s digital-asset platform went live on Thursday with Roughrider Coin, a stablecoin from Bank of North Dakota intended to ease money movement among banks in that state. The development comes after Fiserv announced in June last year it would build the platform to address growing interest among financial institutions …

A federal judge has ruled that a case brought by three financial institutions against Apple Inc. can proceed as a class action. The ruling, issued Wednesday by Judge Jeffrey White of the U.S. District Court for the Northern District of California, certifies the plaintiffs as a class while dismissing Apple’s …

A federal court ruling issued Tuesday has re-ignited a longstanding dispute over the question whether tips and tax can be exempted from the calculation of interchange merchants pay on credit card transactions in Illinois following that state’s adoption in 2024 of the Illinois Interchange Fee Prohibition Act. The controversial act …

In a proposed settlement, the payment platform Corpay Inc. agreed to pay $100 million to the Federal Trade Commission to resolve FTC allegations that the company had used false marketing and unfair billing practices. The proposal is subject to final approval from the FTC after a period of public comment. Payroc World …