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July 9, 2025

On the web

Mastercard and Pay4You Partner to Enhance Tail Spend Management for Corporations

Mastercard

"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 guarantees card acceptance, providing a seamless and efficient way for corporations to manage their travel spend. Tail spend refers to the portion of a company's expenditures that are not actively managed by procurement."

Intelligent Routing via Payment Hubs

Cleveland Fed

"A payment hub is a centralized technology platform that acts as a financial institution’s center for payment processing and connectivity. There are several potential benefits of payment hubs, including more efficient orchestration of different payment types across various payment rails (that is, payment clearing and settlement systems), reduction in payment processing costs, increased automation rates, and decreased compliance incidents (Chinnapa, 2025)."

On the wires

Bank of England Fines Vocalink More Than $16 Million for Compliance Failure

Reuters

"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 and operates bank account-based payment systems in Britain, processing over 90% of salaries, more than 70% of household bills and 98% of state benefits, according to its website."

July 8, 2025

On the web

Mastercard Expands Small Business Navigator With Penny Rental Offer for Clover

Mastercard

"Mastercard has expanded its U.S. Small Business Navigator platform with a new offer from Fiserv’s Clover, one of the country’s largest point-of-sale and business management systems. As part of this broader collaboration, the first 1,000 small businesses to apply and qualify under the offer terms before December 31 will receive a select Clover device for just one penny per month in hardware rental fees."

Innovations in Payments Acceptance Play Out in Consumer Check Use

Atlanta Fed

"Consumers avoid using checks for many reasons, as reported in the Survey and Diary of Consumer Payment Choice. Consumers rated checks poorly for convenience, security, and speed of payment. Instead, we say we prefer to use cards or an electronic method to pay both purchases and bills. But there's another side to the decrease in the share of consumer payments via check: the payee's increased capacity to be paid by other means."

Revolut Partners With Ant to Enable Alipay Transfers to China

The Asian Banker

"Revolut has partnered with Ant International, a global digital payment and financial technology provider. This partnership allows Revolut customers globally-especially overseas Chinese to send money to China in Chinese yuan, with the recipient’s Alipay ID, powered by Ant International’s global remittance solutions. China remains one of the top five global recipients of remittances in 2024, with an estimated inflow of $48 billion."

On the wires

Powering the Software Platforms of Tomorrow, Worldpay Expands Embedded Payments Across the Globe

Business Wire

"The demand for embedded financial services is growing fast with 90% of small- and medium-sized businesses indicating access to financial products and services from within their software platforms is critical, according to Worldpay® research. To meet this demand, Worldpay is expanding its Worldpay for Platforms offering to Canada and the United Kingdom, while deepening its presence in Australia."

July 7, 2025

Top Post

On the web

Adyen Launches Upgraded Partner Programme for Stronger Collaboration

IBS Intelligence

"Adyen has launched its Global Partner Programme to deepen collaboration and help partners unlock greater value for clients through structured support and incentives. The updated initiative aims to deepen collaboration across its network of more than 1,000 partner organisations, supporting greater joint success through a clearer structure and dedicated resources."

Visa’s Blockchain Leap Redefining Global Payments

Blockchain Magazine

"Visa is pioneering blockchain with two key projects. The Visa Tokenized Asset Platform (VTAP), launched in October 2024, enables banks to issue digital tokens, like stablecoins (digital currencies tied to dollars) or tokenized bank deposits, on public blockchains like Ethereum. In 2025, Visa partnered with Bridge, a Stripe-owned startup, to expand stablecoin payments in Latin America, allowing freelancers in Mexico or Argentina to receive payouts quickly at Visa’s 150 million merchant locations."

July 2, 2025

On the web

Ripple Applies for U.S. Banking License, Following Circle's Lead

MSN

"Crypto firm Ripple Labs has applied to become a U.S. bank, joining stablecoin issuer Circle Internet Group in a push to bring digital asset operations under federal oversight, according to a media report published Wednesday. Ripple, the company behind the XRP token, will need approval from the Office of the Comptroller of the Currency to secure a national banking license, the Wall Street Journal reported."

July 1, 2025

On the web

InComm Payments Picks NCR Atleos for Cardless ATM Cash Pickup

ATM Marketplace

"InComm Payments partnered with NCR Atleos to use its ReadyCode API for cardless cash pickup at more than 23,000 ATMs, according to a press release. Through this partnership, InComm Payment's fintech and banking partners can offer customers a code through their apps to provide the cardless cash pickup. ReadyCode is active at ATMs in more than 40 states."

June 30, 2025

On the wires

Klarna and Bolt Partner to Deliver One-Click Flexible Payments to 80 Million Shoppers in the U.S.

PR Newswire

"Klarna, the global digital bank and flexible payments provider, today announced a strategic partnership with Bolt—the checkout, identity, and payments platform—to integrate Klarna's flexible payment options directly into Bolt's CheckoutOS. With customers increasingly seeking flexible payment solutions tailored to their needs, this integration empowers merchants to deepen engagement and build trust by offering Klarna's payment options directly at checkout."

BILL Delivers Innovation to Transform Payments Experience Between Enterprise Suppliers and SMBs Across Its Growing Network

Business Wire

"BILL, a financial operations platform for small and midsize businesses, today announced the launch of BILL Supplier Payments Plus. This new offering helps large suppliers quickly and efficiently process and reconcile high volumes of payments from thousands of SMBs with greater speed, accuracy and ease–while delivering a more seamless payment experience for the businesses they work with."

June 27, 2025

On the web

On the wires

June 26, 2025

On the web

Crypto Exchange Kraken Debuts Peer-to-Peer Payments App Krak

Reuters

"Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries. The move is a bid to expand Kraken's offerings beyond its digital asset trading business, and puts the firm in competition with PayPal, Venmo and Block's CashApp."

On the wires

Wirex Launches Institutional-Grade Stablecoin Payments on Fireblocks

PR Newswire

"Wirex is proud to announce that Wirex Pay Chain is now officially supported on Fireblocks, a digital asset and payments infrastructure platform. This integration enables Fireblocks' institutional clients to easily access Wirex Pay's self-custodial stablecoin payment infrastructure, offering a secure and scalable gateway to stablecoin innovation."

Balance and Alibaba.com Partner to Bring Flexible B2B Payments to SMEs Across the United States

Business Wire

"Balance, the AI-powered financial infrastructure platform for B2B commerce, announced today the launch of “Pay Later for Business” on Alibaba.com, an embedded financing solution designed to give U.S. small and medium-sized enterprises greater purchasing power and more control over how and when they pay. With this solution, Alibaba.com’s U.S. business users have the option to access instant credit at checkout, enabling eligible ones to finance purchases."

Big Ten and Big 12 Enter Historic Partnerships With PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model

PayPal Newsroom

"PayPal today announced multi-year agreements with the Big Ten and Big 12 Conferences that will modernize the distribution of institutional payments from universities to student-athletes in a new revenue-sharing model. The new institutional payments initiative enables athletic departments to seamlessly dispense payments through PayPal, ensuring a secure, efficient, and transparent way to distribute funds to payees."

June 25, 2025

On the wires

June 24, 2025

On the wires

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