"The SEPA Instant Payments regulation, which took effect on January 9, 2025, has ushered in a new era for Europe’s financial ecosystem with the immediate requirement for all banks and payment service providers (PSPs) in the eurozone to receive instant payments. The...
U.S. Faster Payments Council Unveils Comprehensive Guideline for Instant Payment Sending Capabilities
"The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, released the latest guideline from the FPC Operational Considerations Work Group: Operational Considerations for Instant...
The Instant Payments Experience — What Does It Look Like?
"Star One Credit Union, one of Silicon Valley’s largest member-owned financial institutions has over 123,000 members worldwide and over $10 billion in assets. Within just several months after launching the instant payment service, Star One members transferred over...
MagTek’s Magensa Cloud Services Debuts Robust eCommerce Solution with PAAY Partnership
"MagTek unveiled Magensa Cloud Service eCommerce solutions with PAAY, a leader in consumer transaction authentication. Magensa's payment expertise expands beyond card-present into card-not-present online transactions."
Klarna Is Now Available to Millions of New Businesses, in Strengthened Partnership With Stripe
"Klarna has strengthened its global partnership with Stripe, a financial infrastructure platform for businesses. Stripe-powered businesses in 25 countries can now instantly offer Klarna to their customers."
Sezzle Unveils Money IQ: An Interactive Rewards Program Promoting Financial Education
"Sezzle leads the industry as the first BNPL to launch an in-app financial education product, designed to reward users for learning"
CFPB Proposes to Include Virtual Currency Transactions Under the EFTA
"The Consumer Financial Protection Bureau (CFPB) issued a proposed interpretive rule that, if finalized as written, would bring certain virtual currency products and services, such as stablecoins and digital wallets, within the scope of the Electronic Funds Transfer...
Many Small Businesses Add Card Payment Surcharges to Customer Purchases as Point-of-Sale Payment Methods Proliferate, J.D. Power Finds
"Small business owners are less optimistic than they were a year ago and, as they accept a wider variety of payment methods such as debit and credit cards, digital wallets, Buy Now, Pay Later (BNPL) and even cryptocurrency, many are applying surcharges to customer...
Unmasking Vulnerabilities: Tackling APP Scams in India’s Rapidly Evolving Digital Payment Landscape
CXOToday has engaged in an exclusive interview with Ankur Saxena – Senior Director and Head of Sales, South Asia & Middle East (UAE & Oman) at ACI Worldwide.
Square partners with Salt Edge to offer open banking capabilities to UK-based SMEs
"Square has partnered with Salt Edge, a leading open banking platform, to help streamline and simplify payment operations for sellers in the UK."