"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 Outdated card details are a key driver of failed payments, particularly in recurring billing or...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."
Mastercard Makes a Move Toward Stablecoins, in an Effort to Boost Mainstream Use
"Mastercard Inc. said it’s working to weave Fiserv Inc.’s FIUSD stablecoin into a range of its payment products. It’s another traditional financial firm jockeying for a seat at the table as cryptocurrencies become more mainstream."
Klarna Integrates With Google Pay to Expand U.S. Payment Options
"Klarna, an interest-free payments, banking, and shopping service, has integrated with Google Pay, a digital wallet originating from the United States."
Report: 2025 Dark Economy Survey
"Financial crime inflicts a devastating toll on the global economy. Nasdaq’s Global Financial Crime Report estimates $3.1 trillion in illicit funds moved through the world’s financial system in 2023. Scams and fraud amounted to $485.6 billion in projected losses."