"Mastercard is teaming up with Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch and six other 'sesquipedalian' — a long way of saying long — towns across the continent to take the pain out of online shopping, with Click to Pay."
Olo, FreedomPay Improving Restaurant Payment Experiences
"Olo, a provider of restaurant technology, is partnering with FreedomPay to improve restaurant payment experiences nationwide. The partnership also deepens Olo's relationship with Stripe, a financial infrastructure platform for businesses, which will include in-person...
FIS Unlocks Second Half of FedNow Instant Payments Network Potential With New Send Certification
"FIS today announced it is one of the first providers in the fintech industry certified to enable send capabilities for credit transfers in the Federal Reserve’s FedNow instant payment service. The addition of send capabilities and real-time alerts will enable FIS’...
Checkbook Launches Global Push-to-Card Payments Powered by Visa Direct
"Checkbook's Global Push-to-Card service is now live in multiple countries, with plans to extend its reach further in 2025. The expanded service utilizes Visa Direct’s extensive network, which offers access to 4 billion eligible cards."
Statement on Designation of Treasury Secretary Scott Bessent as Acting Director of the Consumer Financial Protection Bureau
"On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB)."
What Lies Ahead for The XMoney-Visa Partnership?
"Leveraging tie-ins with sister companies to facilitate payments and converting fiat currency to cryptocurrency are some of the possibilities that lay ahead for XMoney, the digital wallet from social-media platform X, in the wake of its partnership with Visa Inc."
RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation
"The RTP® network has achieved a major milestone, surpassing 1 billion payments – just 18 months after crossing the 500 million transaction mark. After taking more than five years to reach the first half a billion payments, the network’s recent rapid growth...
Jack Henry and Moov to Implement Visa Direct to Enable Fast, Seamless Payments
"Jack Henry™ announced its collaboration with Visa to offer Visa Direct through Jack Henry Rapid Transfers™. The addition of Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets, is part of Jack Henry's previously...
India, Russia in ‘Active Discussion’ Over RuPay & MIR Mutual Transactions
"In a significant move, India and Russia are in negotiation over the use of their respective payment systems, RuPay and MIR, in both countries, as Moscow continues to face Western sanctions over its banking systems since the start of the war with Ukraine in February...
WeChat Pay Launches in North America
"The United States has proven to be one of the most popular destinations for Chinese tourists. In order to capitalize on this popularity, China’s WeChat Pay is making a move stateside, launching in North America for the first time for a partnership with Citcon, a...