A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.

Search Payments News

February 6, 2025

On the web

P2P Brings Digital Finance to Brazilians in the USA - Launches Ahead of Schedule With Mbanq’s Embedded Finance Platform

Business Wire

"P2P, an innovative digital finance platform tailored for the Brazilian community in the United States, is now live—launching two months ahead of schedule in partnership with Mbanq, a global leader in financial technology and Embedded Finance. By leveraging Mbanq’s comprehensive technology, white-label app, and regulatory expertise, P2P delivers a seamless suite of financial services designed to meet the unique needs of Brazilians in the U.S."

February 5, 2025

On the web

Hawley, Sanders Push for 10 Percent Cap on Credit Card Interest

The Hill

"Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill Tuesday seeking to cap credit card interest rates at 10 percent. Hawley and Sanders said credit card interest rates have become 'exploitative,' citing a recent Forbes report that found the average credit card interest rate is 28.6 percent."

On the wires

Worldpay to Acquire Ravelin, a Leading AI-Native Fraud Prevention Platform

Worldpay

"Worldpay today announced it has entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform headquartered in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of value-added solutions and enable merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally."

TransUnion Introduces TruVision Alternative Bank Risk Score to Help Lenders Better Assess Consumers With Limited Credit Histories

GlobeNewswire

"Despite a strong employment picture, some consumers are still struggling financially due to elevated inflation and higher than normal interest rates. In an effort to provide lenders with a clearer picture of thin- or no- file consumers, including those who may not be gaining sufficient access to credit, TransUnion introduced today the TruVision Alternative Bank Risk Score."

Alipay Records Surge of China Inbound and Outbound Travel Spending During the 2025 Chinese New Year

Business Wire

"During the 2025 Chinese New Year, Alipay recorded a significant increase in China’s outbound and inbound travel spending. Through the Alipay+ cross-border mobile payment and digitalization solutions, Chinese travelers, along with users of the other 34 e-wallets in Asia and Europe, can use their own home payment app across 66 markets without the need to exchange currency or carry cash."

February 4, 2025

On the web

Olo, FreedomPay Improving Restaurant Payment Experiences

FastCasual.com

"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 transaction processing."

On the wires

FIS Unlocks Second Half of FedNow Instant Payments Network Potential With New Send Certification

FIS Global

"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’ financial institution clients to fully harness the entire FedNow service by providing their consumers and commercial borrowers with a modernized and unified digital payment experience."

February 3, 2025

Top Post

WeChat Pay Launches in North America

Fashion Network

"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 mobile payment program aimed at connecting merchants around the globe with Chinese travelers."

On the web

RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

The Clearing House

"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 underscores the expanding acceleration of instant payments adoption in the United States."

Jack Henry and Moov to Implement Visa Direct to Enable Fast, Seamless Payments

PR Newswire

"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 announced alliance with Moov to enable community and regional financial institutions to offer digital payment services to consumers and small and medium-sized businesses (SMBs)."

Yapily Inks Deal to Power Adyen European Merchant Services With Open Banking Technology

Retail Technology Innovation Hub

"Open Banking platform, Yapily, has agreed on a partnership with Adyen. It will use the features to "streamline onboarding and strengthen account verification, giving merchants across Europe a more seamless, secure experience.  Additional Open Banking driven services, including creditworthiness assessments for loan decisions and beyond will be explored."

January 31, 2025

Top Post

Payments Post #18: The Year of the Anti-Regulator?

Glenbrook Partners, LLC

"After we declared 2024 the year of the regulator, 2025 looks to be quite different. We’ve been thinking about the tension that’s emerged in the regulatory space as a result of the change in government, especially since the CFPB has been particularly active in the months leading up to Trump’s second inauguration. Let’s get into our (not legal advice!) thoughts on what we see playing out in Washington, and what it might mean for the payments industry."

On the web

January 30, 2025

On the web

When Synthetic Identities and Artificial Intelligence Collide

FedPayments Improvement

"Depending on what you read and who you speak with, generative artificial intelligence (Gen AI) is either a big problem or the solution to a multitude of challenges. It can be both in the case of synthetic identity fraud, as explained in a new downloadable resource of the Federal Reserve’s online Synthetic Identity Fraud Mitigation Toolkit."

Gift Cards Win Holiday: Demand Fueled by Flexible Delivery, AI, Loyalty Programs and Gift Cards for Returns

Business Wire

During another record-breaking holiday shopping season with retail sales growing 4% over 2023, gift cards also saw significant year over year growth. According to the latest consumer research from global branded payments provider, Blackhawk Network (BHN), 56% of surveyed consumers reported that they purchased a gift card this holiday season, an 8% increase over 2023.

NMI Announces Support for Network Tokenization, Reducing Operational Costs and Enhancing Security for ISOs, Software Providers, and their Merchants

Business Wire

"NMI®, a global leader in embedded payments infrastructure, announced NMI Customer Token Vault, a new extension to the NMI Gateway. Customer Token Vault introduces network tokenization with dynamic tokens issued and managed by major card networks, along with the ability to securely store and protect sensitive card data for processor agnostic provider tokens."

Goodpods Top 100 Payments Podcasts

Listen now to Payments on Fire™ podcast

Payments News

Stay on top of the rapidly evolving payments world with Glenbrook’s free curated news feed, delivered daily to your inbox.

Payments Views

Read our commentary and opinion blog written by members of the Glenbrook team on payments industry topics, large and small.

Glenbrook’s live and on-demand workshops help you understand and apply the innovations shaping the payments industry. Register today or schedule a custom workshop for your team.