Mobile Wallets

Research released by processor FIS Inc. indicates almost 75% of consumers would be open to trying stablecoins if the digital currency were offered by their bank, whereas 3.6% profess comfort with unregulated providers. The research surveyed nearly 1,000 U.S. consumers. Digital financial-services platform SoFi Technologies Inc. has launched SoFi Crypto, a service allowing consumers …

It’s a busy day for PayPal Holdings Inc. and its payments services. Five years after launching PayPal Pay in 4 in the United States, PayPal now offers the buy now, pay later product in Canada. PayPal also said Venmo, its social-based money movement service, launched Stash, a rewards program for …

The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross profit of $2.66 billion during the quarter, an 18% increase from a year earlier, Block chief …

Buy now, pay later specialist Affirm Holdings Inc. says Amazon.com Inc. extended by five years its deal with Affirm to offer installment-payment services, an option first offered in 2023. The move comes as Affirm posted $933.3 million in revenue for its 2026 fiscal first quarter. Affirm, in a shareholder letter, …

Faster payments continues to be among the more advanced payment options coming from acquirers and processors. Now, Nuvei Corp. is among the first to integrate Visa Direct for Account, the processor says. Announced Thursday, the integration means clients on the Nuvei platform can use Visa Direct for Account to send …

Shift4 Payments Inc. executive chairman and founder Jared Isaacman was again nominated by President Trump to serve as the NASA administrator. An earlier nomination of Issacman to that role was withdrawn by Trump in May. U.S. Bank launched Split World Mastercard, a credit card that enables automatic no-fee, no interest equal monthly payments …

The VerifiedX Foundation has launched Butterfly, a social-payment and commerce platform that allows users to send and receive VFX, the native VerifiedX cryptocurrencies—Bitcoin, USDT, and USDC coins—instantly via text message, email, or any social-media handle. The new service combines the ease of the Venmo and Zelle peer-to-peer payments networks with the sovereignty of blockchain …

The fintech Atomic Financial announced its launch of PayDirect, a service that it says lets consumers view, manage, and pay bills directly from a bank or fintech app. Zip Co Ltd., a payments-app developer, announced it is working with Forage Technology Corp., a processor for government benefits, on a plan to waive …

An increasing focus on stablecoin initiatives, agentic commerce, and payments innovation helped propel Visa Inc. to a strong 2025 fiscal year and helped the card network to meet its goal of becoming a “hyperscaler” for companies in the payment ecosystem, Visa chief executive Ryan McInerney told analysts during Visa’s 2025 …