Mobile Wallets

Chip cards for recipients of the Supplemental Nutrition Assistance Program may be on the horizon because the Food and Nutrition Administration of the U.S. Dept. of Agriculture has issued a proposed rule that all states adopt the technology as one way to count fraud. Currently, just eight states issue chip …

The U.S. Faster Payments Council on Friday released guidelines for messages that financial institutions use in association with real-time payments or other transfers processed within a matter of hours or minutes. Such messaging can cover matters related to payment requests, return of money, payment status reports, and exchange of other …

Chargebacks911 launched an AI agent to help merchants protect qualifying purchases made through AI agents without replacing their existing fraud prevention tech or restructuring their payments systems. The new service also provided indemnification against qualifying chargebacks associated with these purchases. Investment firm Francisco Partners completed its $650 million acquisition of …

Fiserv Inc. is bringing global availability to its Commerce Hub, which allows enterprise-size merchants to manage payments via a single link to Fiserv, the processor says. First offered in beta testing in 2022, Commerce Hub offers users a single integration for onboarding, APIs, reporting, and operational controls for Fiserv merchant services. …

Two of the world’s largest payments networks early Thursday announced programs geared to bring stablecoins further into the mainstream of money movement. Visa Inc. said its Visa Direct faster-payments platform is launching a commercial service that will incorporate stablecoins. And Mastercard Inc., with its BVNK unit, launched Mastercard Global Money …

Accertify Inc. released a post outlining the distinction between agentic shopping and agentic checkout, concluding that agentic checkout, when an AI completes a purchase on its own, is less than 1% of transactions measured in basis points per Accertify data. Independent sales organization Deposyt expanded its partner program to three …

The stablecoin platform Rain announced early Tuesday it is offering non-custodial stablecoin wallets that stand behind Rain’s cards, making the cards usable at 175 million merchant locations around the world, the New York City-based company says. Founded five years ago, Rain became a Visa principal member in 2024, following up …

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 …

Exodus Movement Inc. has launched Exodus Checkout, which allows businesses to accept dollar-denominated stablecoins. The rollout is starting in Argentina, with plans to expand across Latin America. The launch is taking place in partnership with DGO, the streaming platform for DirecTV in Latin America. The move comes as stablecoins—digital currency …