"Checkout.com announced its intention to expand its card issuing capabilities in the UAE, marking a first-of-its-kind investment by a global digital payment service provider in the region. Checkout.com aims to roll out domestic card issuance in the region in 2026,...
PayPal Doubles Down on Checkout and Pay Later with New Will Ferrell Campaign and Biggest Sweepstakes Ever
"PayPal has been transforming checkout to make paying with PayPal fast, easy, and even more rewarding both online and in-store. Now, PayPal, one of the most ubiquitous leaders in checkout, is further enhancing the experience and giving customers broad choice and...
Branch Launches New Paycard Built for the Modern Workforce
"Branch, the leading workforce payments platform, announced the launch of a full-service paycard, with enhanced features that reimagines the traditional paycard experience for workers. Branch's paycard can be easily integrated with time and attendance systems. The new...
Top Acquirers of Card Payments at US Merchants
"J.P. Morgan Payments, a unit of JPMorgan Chase & Co., became the largest acquirer of card payments from US merchants in 2024 based on 40.98 billion transactions processed. Fiserv, which held the top rank in 2023, slipped to second place with 40.72 billion....
Cash App Owner Block Pays $40 Million Fine to New York Over Compliance Failures
"Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money laundering on its Cash App mobile payment service. New York's Department of...
B2B Customers ‘Don’t Want Boring’: Why Wise Rebranded Its Business Arm
"Wise currently moves about 5% of the world’s money that goes across borders, but the business sees a big opportunity for growth by targeting large enterprises with its B2B arm."
Sunoco to Launch In-Car Fuel Payments Across North America
"Sunoco LP and connected vehicle technology provider Sheeva.AI are partnering to offer modern fuel payment in North America. The collaboration will see Sheeva.AI’s platform integrated into over 5,700 Sunoco fuel stations, enabling drivers to authorize and pay for fuel...
Payments Without Borders: A New Era for Latin America
"Latin America is undergoing a remarkable transformation in the payments industry, driven by a blend of innovation, collaboration and a shared vision for a more connected and efficient financial ecosystem. As the region embraces the future of payments, the focus is on...
BC Opens Consultation That Looks at the Market Power of Digital Wallets of ‘Big Techs’ [Brazil]
"Regulator wants to hear from the market by June 2 to discuss creating rules for card tokenization. The Central Bank is evaluating two options for regulating digital wallets. One would be to create a specific type of participation for “token applicants." The other...
RBI Eases UPI Rules To Enable High-Value Merchant Payments [India]
"The Reserve Bank of India has introduced a significant update to its Unified Payments Interface (UPI) framework by allowing banks and payment service providers more control over transaction limits for in-person payments at merchant outlets. Under the new guidelines,...