"Wells Fargo and Google Cloud are further cementing their longstanding strategic partnership with the introduction of artificially intelligent agents into Wells Fargo’s systems, the companies announced. As part of the agreement, Wells Fargo employees—everyone from...
American Express and Toast Announce Strategic Partnership to Help Elevate Hospitality Experiences
"American Express and Toast announced a strategic, multi-year partnership, focused on powering more personalized hospitality experiences across the vast network of Resy, Tock, and Toast restaurant locations in the United States to create better dining experiences that...
Wix Launches Financial Services Suite to Power Business Growth
"Wix announced the launch of Wix Checking¹ and Wix Capital, a new financial services suite aimed to help users manage cash flow and fund growth. Wix Checking, powered by Unit's embedded finance solution, gives users a fully integrated business checking account...
Push to Add ‘Buy Now, Pay Later’ Loans to Credit Scores Hits a Snag
"Credit scores are supposed to start incorporating “buy now, pay later” loans this fall. The plans may already be hitting a speed bump. Klarna, one of the biggest providers of the popular loans, said it wouldn’t share data about the bulk of its loans with credit...
ICICI Bank Starts Charging PhonePe, Google Pay While UPI Hits 700 Million Daily Transactions
"India’s Unified Payments Interface (UPI) has reached a new milestone, crossing 700 million transactions in a single day for the first time on August 2, according to NPCI data reported by Moneycontrol. Meanwhile, ICICI Bank has begun charging payment aggregators like...
Getting Paid for Shopping Just Got Even Easier, Rakuten.ca Launches Interac e-Transfer Payouts
"Getting paid for shopping just got a major upgrade. Rakuten.ca is thrilled to introduce Interac e-Transfer as a brand-new, faster, and more secure way for members to cash in on their Cash Back - straight to their bank accounts in minutes via email. Interac e-Transfer...
Gocardless Launches Industry-Leading AI Tool for Faster, More Reliable Same-Day Payments
"GoCardless has announced the launch of a groundbreaking new feature to redefine same-day settlement for Direct Debit. The tool, Same Day Settlement+, leverages proprietary machine learning algorithms and transaction data from over 38 million accounts to significantly...
How AI Accelerates and Enhances Payment Operations
"The speed and scale of modern payment systems demand optimized operations. AI is changing that—accelerating processing, reducing human touchpoints, and giving end users more control over their payment experience. Manual tasks, such as reconciling returns, correcting...
Paymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa
"Paymentology has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs in South Africa extend fast, secure, and intuitive card services to their customers. This is the first digital card platform provided by a processor in...
Earmarking in Programmable Payments
"As programmable payments become more common, an old-school budgeting idea is making a comeback: earmarking. At its core, earmarking just means setting money aside for a specific purpose—like rent, payroll, or taxes—so it's only used for that. It's a simple concept,...