"Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries. The move is a bid to expand Kraken's offerings beyond its digital...
Big Ten and Big 12 Enter Historic Partnerships With PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model
"PayPal today announced multi-year agreements with the Big Ten and Big 12 Conferences that will modernize the distribution of institutional payments from universities to student-athletes in a new revenue-sharing model. The new institutional payments initiative enables...
Episode 267 – Fanning the Flames: Agentic Commerce
Russ Jones and Drew Edmond spent some time at the Glenbrook water cooler this week to consider the rapidly emerging topic of agentic commerce and agentic payments. Tune in as they explore different industry perspectives in order to understand the implications of this new technology in the payments ecosystem.
New Zealand’s Xero to Buy US Fintech Melio for up to $3 billion
"New Zealand accounting software giant Xero agreed to buy U.S.-Israeli payments provider Melio for as much as $3 billion, the companies said on Wednesday, accelerating the Kiwi firm's push into the U.S. with the country's biggest outbound deal in over a decade."
FedNow Service Launches New Risk Mitigation Features and $1 Million Transaction Limit
"A new account activity threshold feature is now available for the FedNow Service, allowing financial institutions to strengthen risk mitigation efforts by defining dollar value and transaction velocity thresholds based on customer segments. The new functionality...
Spreedly Announces Just-In-Time Card Updates for Visa Cards to Reduce Failed Payments
"Spreedly today announced a strategic enhancement to its platform through the integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater. Outdated card details are a key driver of failed payments, particularly in recurring billing or...
Taco Bell Introduces PayPal and Venmo as New in-App Payment Options with Exclusive 20% Cash Back Summer Offer
"Today, PayPal announced it has teamed up with Taco Bell to deliver a fast, secure, and deliciously rewarding way to pay in the Taco Bell app and website. Now, Taco Bell customers can choose to pay with PayPal or Venmo, giving them more choice and rewards while...
EuroPA and EPI Launch Collaboration to Expand Sovereign Pan-European Payments
"The EuroPA alliance (European Payments Alliance) – represented by Bancomat, Bizum, MB WAY (SIBS), and Vipps MobilePay – and EPI Company (EPI) have announced their cooperation, now exploring solutions to rapidly address Europe’s sovereignty challenge in payments,...
Chainlink and Mastercard Partner to Enable Over 3 Billion Cardholders to Purchase Crypto Directly Onchain
"Chainlink and Mastercard are connecting the offchain payments world directly to the onchain DeFi world in close partnership with zerohash, Swapper Finance, Shift4 Payments, and XSwap, while leveraging the Uniswap protocol."
Buy Now, Pay Later Loans Will Factor in to Americans’ Credit Scores
"FICO plans to launch a suite of credit scores later this year that incorporate BNPL data, providing lenders a window into what’s been a big blind spot: consumers’ repayment behavior on these increasingly popular installment loans."