Tag Archives: Showcased

The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day. The President’s backing breathes new life into the bill, which has been bandied about Capitol Hill for years. The last major …

Online shoppers spent a record $257.8 billion from Nov. 1 through Dec. 31, a 6.8% increase from the same period in 2024, according to Adobe Analytics. Over the same period, daily e-commerce spending totaled or surpassed $4 billion on 25 days, compared to 18 in 2024. Cyber Week, the five …

PayPal Holdings Inc. is embarking on another stage in its evolution with its application for a Utah-chartered industrial loan company to be called PayPal Bank. PayPal announced the move late Monday saying it submitted applications to the Federal Deposit Insurance Corp. and the Utah Deptarment of Financial Institutions. A successful …

Fees paid by merchants to accept credit card and debit cards will dampen consumer spending power this holiday shopping season as sellers look for ways to offset the cost, says the Merchants Payment Coalition. Swipe fees are projected to cost merchants at least $19.9 billion this holiday shopping season, up …

Worldpay LLC has launched an open-source standard to help developers create artificial intelligence-based commerce agents and connect AI apps to external systems. The standard, known as the Model Context Protocol, enables such AI apps as ChatGPT to connect to databases, search engines, and workflows, or specialized prompts, to access information …