"Apple is expanding the ability to add an Apple Account Card to the Wallet app to more countries, according to backend Apple Pay changes...Now, backend changes to Apple Pay spotted by MacRumors suggest the feature is expanding to additional countries in Europe:...
Payfinia Brings Paze Digital Wallet to Community Financial Institutions
"Payfinia, an independent payment services firm providing an open payments framework, announced its partnership with Early Warning Services to offer PazeSM, an online checkout solution developed by Early Warning Services and offered by participating banks and credit...
Mastercard and Pay4You Partner to Enhance Tail Spend Management for Corporations
"Mastercard and Pay4You, a self-service payment portal, have announced a new partnership to deliver a comprehensive tail spend management solution for corporations across Europe. This collaboration leverages Mastercard's Virtual Card Network (VCN) technology and...
House Announces Week of July 14th as “Crypto Week”
"House Committee on Financial Services Chairman French Hill (AR-02), House Committee on Agriculture Chairman GT Thompson (PA-15), and House Leadership announced that the week of July 14th will be “Crypto Week.” The House of Representatives looks forward to considering...
Bank of England Fines Vocalink More Than $16 Million for Compliance Failure
"The Bank of England has fined payment systems firm Vocalink Ltd 11.9 million pounds ($16.19 million) for falling short of its obligation to have adequate risk management and governance arrangements.Owned by U.S. payment processor Mastercard, Vocalink designs, builds...
Mastercard, Visa’s Merchant Fees Breach Competition Law, UK Tribunal Rules
"Global payments processors Visa and Mastercard's default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in the latest round of the long-running legal saga. London's Competition Appeal Tribunal...
Truist’s Merchant Engage Combines Banking and Payments in One
"Truist Financial Corp. is courting merchants and their banking and payment needs with a new service called Merchant Engage. The free service is an integrated merchant-services platform, enabling small businesses up to large merchants to view all of their transaction...
Adyen Launches Capital for Canadian Platform Customers
"Adyen launched Capital in Canada, which enables platform businesses to offer fast and flexible loans to the small and medium-sized businesses (SMBs) they serve."
Nice Actimize 2025 Fraud Insights Report Shows Scams Still the Method of Choice in Attempted Fraud Transactions
"NiCE Actimize has released the "2025 NiCE Actimize Fraud Insights Report, U.S. Retail Payments Edition," which explores the latest findings on the evolution of fraud attacks across various transaction types, including check fraud, domestic and international wires,...
Appeals Court Voids FTC’s ‘Click to Cancel’ Rule Just Before It Starts
"The Federal Trade Commission’s (FTC) “click-to-cancel” rule was struck down by an appeals court on Tuesday, just days before it was set to take effect. The rule, announced in October 2024, would have required sellers to make it “as easy for consumers to cancel their...