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.
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May 12, 2025
On the web
Adyen Partners With Fiskil to Enhance Merchant Onboarding and Account Verification
Fiskil
"Adyen has chosen Fiskil as its data-sharing partner to improve the onboarding and account verification experience for merchants in the Australian market. This collaboration will streamline the way businesses connect their financial data, reducing friction and ensuring a seamless, secure process."
On the wires
Recurly Announces Strategic Acquisitions of Redfast and Prive to Accelerate the Future of Subscription Growth
Business Wire
"Recurly announced that it has acquired the Shopify-first subscription platform Prive and subscriber engagement personalization tool Redfast. With these additions, Recurly becomes the first and only subscription management suite to fully integrate billing, payments, analytics, real-time subscriber engagement, and ecommerce subscription management."
May 9, 2025
On the web
Mastercard Launches Agent Pay to Enable Secure AI-Powered Transactions
CDO Magazine
"Mastercard has introduced Agent Pay, an initiative aimed at embedding secure, intelligent payments into AI-driven experiences, advancing what it terms “agentic commerce”. The Agentic Payments Program, which includes Mastercard Agentic Tokens, builds on the company’s existing tokenization technology to allow AI agents to make personalized, secure, and seamless purchases on behalf of users."
dLocal Expands PayPal Partnership to Unlock Payments in 40 New Markets
TechAfrica News
"dLocal announced an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets. By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments, previously known as Braintree, can now easily accept cards and process local and alternative payment methods across Latin America, EMEA, and APAC markets without needing to establish local entities."
Apple Tries to Delay Ruling That Bars It From Taking a Cut on External App Payments
TechCrunch
"In an attempt to protect a valuable revenue stream, Apple is trying to delay a court ruling that forces the company to let iOS app developers in the U.S. redirect users to external payment systems and avoid paying a commission to the iPhone maker. The company filed an emergency motion late on Wednesday, asking an appeals court to grant a partial stay on a previous ruling."
Cash App Pay Hooks up With Domino’s as Its First Ever Us Wide Pizza Restaurant Partner
Retail Technology Innovation Hub
"Cash App has announced a partnership with Domino’s, marking one of the first restaurant tie ups for Cash App Pay. The latter lets people pay for purchases either by scanning a QR code or by tapping Cash App Pay at checkout to be redirected to Cash App. It is available when you shop online or in person at Square sellers and select third party merchants."
Ramp and Stripe Deepen Partnership to Accelerate Global Commerce Through Stablecoin-Backed Cards
PR Newswire
"Ramp, the fastest-growing corporate card and financial operations platform in the U.S., will expand its issuing partnership with Stripe, a programmable financial services company, to launch the industry's first stablecoin-backed corporate cards with fully integrated spend management software."
Perpay Taps Marqeta To Power Consumer Credit Card
Marqeta, Inc.
"Marqeta, Inc. announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck."
May 8, 2025
On the web
Verifone and Stripe Partner to Deliver Unified Commerce
GlobeNewswire News Room
"Verifone, the global payments leader for the world’s best-known merchants, financial institutions, and fintechs, announced that it is entering into a partnership with Stripe, a programmable financial services company. Through this partnership, Stripe services will natively run on Verifone payment devices, offering Stripe customers even more flexibility and choice in deploying durable and performant in-person payments."
Nuvei Offers Canadian Businesses Near Instant Pay-Outs via Mastercard Move
Mastercard
"Canadian fintech company Nuvei and Mastercard are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate payouts to a consumer’s Debit Mastercard or Reloadable Mastercard Prepaid card."
Stripe Unveils AI-Powered Fraud Detection and Stablecoin Accounts in Global Crypto Push
TokenPost
"Stripe is doubling down on crypto and AI with major updates unveiled at its annual user conference in San Francisco. The payments giant announced the launch of Stablecoin Financial Accounts, enabling businesses in over 100 countries to hold balances in dollar-backed stablecoins such as USDC and USDB. These accounts support global payments and allow firms to send, receive, and manage stablecoins alongside traditional payment methods."
May 7, 2025
Top Post
Stripe: Our Top Product Updates From Sessions 2025
Stripe
"This morning at Stripe Sessions, the Stripe annual conference, they shared the biggest changes they ever made to Stripe with thousands of business leaders and builders. The keynote covered their progress in four core product areas: Payments, Connect, Revenue, and Money Management. This post recaps the top announcements and product releases."
ISO 20022 in Bytes for Payments: Just Six Months to Go
Swift
"As the financial sector rapidly approaches the November 2025 CBPR+ deadline, adopting the ISO 20022 global payment standard has never been more essential. With the industry moving forward, now is the time to act."
On the web
Discover Survey: Americans Seek to Improve Their Financial Lives Amid Uncertainty
Discover
"More than four in five Americans (84%) are interested in improving their financial situation, but two in five (41%) are unsure about how to best manage their personal finances, according to a new national survey conducted by Discover® Personal Loans. Many Americans believe their financial situation will stay the same (41%) or get better (38%) in the year ahead, but 20% expect their financial situation to be worse off."
Patreon’s App Can Now Accept Web Payments After Us App Store Changes
TechCrunch
"Creator platform Patreon has rolled out an updated version of its app that now allows users to make purchases via the web, in the wake of the Apple-Epic court ruling that forced Apple to allow app developers to include links to alternative forms of payment without being subject to Apple’s commission. In the updated version released on Monday (version 125.5.0), users now have the option of making a purchase via the web, where they can choose to pay with other payment methods, including credit cards, Venmo, and PayPal, as well as with Apple Pay."
Plaid: “Claude, Let’s Analyze And Improve My Plaid Integration”
Plaid
"We're excited to announce our new Model Context Protocol (MCP) server that will make it easier to manage your Plaid integration. Initially available through Anthropic's Claude, you can now access personalized data and insights.Through a simple conversation, optimize your Plaid Link conversion rates, monitor your Plaid usage metrics, and streamline support workflows with intelligence that adapts to your unique implementation patterns."
On the wires
US Payments Forum Resource Showcases Test Automation’s Role in Streamlining Payment Acceptance
GlobeNewswire News Room
"As the payments industry evolves, manual EMV testing processes have proven to be costly and time-consuming. Automated testing, Continuous Integration (CI) and Continuous Deployment (CD) practices offer a great alternative, enabling faster implementation cycles and more robust payment flows. The U.S. Payments Forum seeks to educate the industry on these solutions with its new white paper, "Optimizing EMV Testing and Certification: Automation Strategies for Streamlining Payment Acceptance."
Balance Integrates RTP Rails to Deliver Frictionless B2B ACH Payments and Improve Merchants’ Cash Flow
Business Wire
"Balance, the financial infrastructure platform for B2B commerce, announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH setup for buyers and speeds up payments to merchants—improving cash flow and reducing processing costs."
TPG, Corpay to Buy Payments Firm Avidxchange in $2.2 Billion Take-Private Deal
Reuters
"Global alternative asset manager TPG will partner with Corpay to buy payments solutions provider AvidXchange and take it private in an all-cash deal worth $2.2 billion, the companies said on Tuesday."
May 6, 2025
On the web
dLocal and PayPal Expand Access to Local Payments Across Emerging Markets
dLocal
"dLocal announced an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets. By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments, previously known as Braintree, can now easily accept cards and process local and alternative payment methods across Latin America, EMEA, and APAC markets without needing to establish local entities."
Visa Invests in Stablecoin Platform BVNK as It Doubles Down on Digital Asset Strategy
Crypto Briefing
"Visa Ventures, Visa’s global investment arm, has made an investment in BVNK, a stablecoin payment infrastructure provider. “We’re proud to support BVNK as they help accelerate global adoption of stablecoin payments,” said Rubail Birwadker, Head of Growth Products and Partnerships at Visa, in a statement. Birwadker said the move reflects Visa’s belief that stablecoins are becoming a mainstream part of global payments. This also marks the company’s first strategic investment in stablecoin infrastructure."
May 5, 2025
On the web
Suppliers and the Demands of the Digital Economy: A Powerful Case for Commercial Card Acceptance
Mastercard
"Until recently, business-to-business payments hadn’t changed much — dominated by bank or wire transfers and paper checks, they were slow, inefficient and prone to error. Now more financial decision-makers are realizing that the value of digital payments, including cards, extends far beyond the transaction itself, from streamlining reconciliation to optimizing working capital to improving transparency to reducing fraud."
“Better Than Cash”: PayPal Announces Plans to Revolutionize In-Store Payments in Germany
PayPal Newsroom
"PayPal is expanding in physical stores across Germany this summer. One of the most trusted brands in Germany, PayPal announced plans to bring everything consumers love and trust about PayPal in store. In the coming weeks, PayPal’s first-ever contactless mobile wallet will launch nationwide, available to PayPal consumers in Germany before anywhere else in the world."
April Small Business Sales Improved from March, Though Consumers Continue to Trim Discretionary Spending
Fiserv, Inc.
"Fiserv, Inc. has published the Fiserv Small Business Index for April 2025, with the seasonally-adjusted Index at 151, a one point increase from March. As National Small Business Week begins in the U.S., consumers are making notable shifts in purchasing behavior – spending more on the essentials, trimming back discretionary purchases, and spending less when they choose to dine out."
May 2, 2025
On the web
Apple Changes US App Store Rules to Let Apps Link to External Payment Systems
TechCrunch
"Apple has changed its App Store rules in the U.S. to let apps link users to their own websites so they can buy subscriptions or other digital goods. This change comes after a U.S. court ruled in favor of Epic Games in a case against the iPhone maker, ordering the latter not to prohibit apps from including features that could redirect users to their own websites for making digital purchases."
Venmo Gaining Ground in Payments as Cash App Struggles [Video]
CNBC
"In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch. The parents of both businesses reported quarterly results this week. PayPal, which owns Venmo, reported an earnings beat and kept its forecast for the year. Block, meanwhile, plummeted in extended trading on Thursday after the Cash App parent missed on revenue and issued disappointing guidance. "
Klarna Hits 11 Million UK Customers as UK Revenue Soars 30% in Breakout 2024
Klarna
"Klarna crossed 11 million active customers and has doubled its merchant base in a year to 60,000, launching with names like Argos, eBay, Eurostar and John Lewis. The UK is now Klarna’s third-biggest market globally, with revenue up 30% in 2024 alone. It’s a major moment for the Swedish fintech giant as it cements its place in the British retail scene."
Bringing Agentic AI to Payment Operations
Modern Treasury
"Today, we’re launching Modern Treasury AI: a product with AI-native features that address many of those asks—and, more importantly, fundamentally change how payment teams work. Modern Treasury AI blends a context-aware AI Agent with a powerful set of workspace capabilities that will become the cornerstone of daily work for all treasury and payment ops teams. The Agent will augment how teams work, and the AI Workspace will uplevel where teams work."
Finalize Your ISO® 20022 Preparedness and Contingency Plans
FRB Services
"Federal Reserve Financial Services (FRFS) will transition to the ISO 20022 format for the Fedwire® Funds Service on July 14, 2025. It is critical that you have a contingency plan in the event that you are not ready to send or receive ISO 20022 messages through the Fedwire Funds Service or your wire ecosystem is not ready for ISO 20022 messages beginning July 14."
Stripe Radar Now Protects ACH and SEPA Payments From Fraud
Stripe
"Programmable financial services company Stripe announced an expansion of Radar, Stripe’s AI-powered fraud prevention product, for ACH and SEPA payments. Radar assesses more than 1,000 characteristics of a potential transaction in order to determine, in less than 100 milliseconds, the likelihood that it’s fraudulent. On average, Radar users see a 42% reduction in SEPA fraud and a 20% reduction in ACH fraud."
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