Industry

New York Proposes New Rules to Protect Buy Now Pay Later (BNPL) Borrowers

CR Advocacy

“Consumers who make purchases using BNPL loans would enjoy protections under proposed regulations by the NY Department of Financial Services. This includes clear disclosures (loan terms to borrowers, costs, repayment schedule, dispute options, any reporting to credit reporting agencies); Similar rights for disputing charges and getting refunds under the federal Truth in Lending Act when […]

Companies

Paysafe Unveils Strategic Partnership with Spreedly

Spreedly

“Paysafe announced a strategic partnership with Spreedly. Under the partnership, Spreedly’s global payments orchestration platform has integrated Paysafe as an acquirer to process credit card and debit card payments for online merchants targeting Europe, North America and other global markets.  Spreedly’s Open Payment Platform, which boasts connectivity to 140+ different payment gateways plus 40+ unique […]

Tags: Spreedly

Companies

Walmart Says AI Users Build 35% Bigger Baskets Than Others

Modern Retail

“Walmart customers who use the company’s Sparky AI-powered shopping assistant have an order value that’s about 35% higher than those who don’t, newly appointed Walmart CEO John Furner said in the company’s fourth-quarter earnings call. In addition to its AI shopping features on its website and mobile app, Walmart is also partnering with OpenAI and Google […]

Tags: Walmart

Companies

Shopify Says AI Shopping Will ‘Not Bypass’ Its Checkout

Retail Brew

“Shopify says it is ready for shopping that happens inside AI chats, but not without its popular payment tool. Products from Shopify merchants will now get discovered and bought entirely within conversations taking place on ChatGPT or Claude. But the company said AI shopping will still have to go through Shopify’s checkout. AI-powered shopping orders […]

Tags: Shopify

Companies

Fintech GoCardless Introduces MCP : An AI-Native Solution for Bank Payment Integration

Crowdfund Insider

“GoCardless has launched its Model Context Protocol (MCP), a tool that lets developers and merchants interact with its bank payment platform using everyday natural language. MCP enables users to connect their preferred large language models—such as those powering tools like Claude or GitHub Copilot—directly to GoCardless. Through simple conversational queries, merchants can receive instant responses, […]

Tags: GoCardless

Industry

PayPal Attracts Takeover Interest After Stock Slide, Bloomberg News Reports

Yahoo Finance

“Digital payments company PayPal is attracting takeover interest from potential buyers after a stock slide, Bloomberg News reported on Monday, ‌citing people familiar with the matter. The payments firm has fielded meetings ‌with banks amid unsolicited interest from suitors, the report said, adding that at least one large rival ​is looking at the whole company, […]

Companies

Stablecore Joins the Jack Henry™ Fintech Integration Network to Bring Stablecoins and Digital Assets to Banks and Credit Unions

Business Wire

“Stablecore, the digital asset core for banks and credit unions, announced that it has joined the Jack Henry™ Fintech Integration Network (FIN). This strategic milestone enables Jack Henry’s approximately 1,670 bank and credit union core clients, as well as the more than 1,000 financial institutions on the Banno Digital Platform™, to deploy institutional-grade, fully-compliant digital […]

Tags: Jack Henry & Associates

Companies

FIS Launches 24/7 AI Assistant to Ease Risk Models Management

FIS

“Actuaries spends a substantial amount of their time searching for information buried in technical documentation on risk modeling. Global financial technology leader FIS ® is changing that with the launch of its Insurance Risk Suite AI Assistant, a generative AI tool that instantly answers complex questions about building and maintaining risk models—in any language.”

Tags: FIS

Companies

TNS Launches TNSPay SmartRoute to Put Merchants and Acquirers in Control of Payment Routing

Business Wire

“Transaction Network Services (TNS) announced the launch of TNSPay SmartRoute, an intelligent transaction routing solution that lets merchants, acquirers, processors and FinTechs balance performance, cost and uptime on their terms – across data centers, hosts and even multiple processors. With a secure, multi-tenant portal, teams can set and update routing rules in real time, automate failover […]

Tags: Transaction Network Services (TNS)

Companies

New BofA Rewards™ Program to Reach Millions More Clients with Expanded Benefits

Bank of America

“Bank of America announced plans to launch BofA Rewards, a no fee loyalty program designed to reward and recognize clients for their full relationship across their Bank of America banking and Merrill investing accounts. Starting May 27, millions of clients can enroll in the new program to unlock benefits on eligible credit cards, cash back […]

Tags: Bank of America

Industry

Sumsub Debuts AI Copilot to Transform Compliance Workflows and Fraud Investigations

Sumsub

“Sumsub announced the launch of its new Summy AI Copilot (“Summy”), the first platform-native AI agent for compliance and fraud teams. Operating within thresholds and controls set by compliance teams, Summy keeps AI-driven actions aligned with established policies, eliminating black-box automation and ensuring decisions remain under human control. In practice, it significantly reduces manual analysis […]

Industry

FBI Says ATM ‘Jackpotting’ Attacks Are on the Rise, and Netting Hackers Millions in Stolen Cash

TechCrunch

“According to a new security bulletin issued by the FBI, hackers have rapidly ramped up their attacks in recent years, with more than 700 attacks on cash dispensers during 2025 alone, netting hackers at least $20 million in stolen cash. Per the bulletin, the FBI says hackers are using a mix of physical access to […]

Industry

OCC-Regulated Anchorage Digital Brings Stablecoin Minting to Banks

Bitcoin News

“Anchorage Digital has introduced a federally regulated stablecoin platform aimed at helping licensed international banks move U.S. dollars across borders in minutes instead of days. The company, which operates as a federally chartered trust bank under oversight from the Office of the Comptroller of the Currency, said its new “ Stablecoin Solutions” platform consolidates stablecoin minting and redemption, custody, fiat treasury management […]

Industry

FTC's "Click-to-Cancel" Rule Gets New Life As FTC's Enforcement Wave Continues To Target Negative-Option Sellers

MarketScreener

“The Federal Trade Commission (FTC) is increasingly directing both its enforcement and rulemaking efforts toward auto-renewal programs, with a particular focus on burdensome or opaque cancellation procedures. In ongoing litigation against Uber, the FTC recently upped the ante, adding a civil penalty claim and 21 state co-plaintiffs to its complaint that alleges, in part, that its UberOne membership is […]

Companies

PhonePe Rolls Out AI-Powered Feature to Pay Via Voice or Text

The Economic Times

“PhonePe has introduced a new AI feature. Users can now use voice or text commands to complete tasks within the app. This simplifies payments and navigation. The feature uses Microsoft Foundry technology. It understands user intent for payments, purchases, and support. This launch coincides with India hosting the AI Impact Summit 2026. Big AI investments […]

Tags: PhonePe