Auto Finance News
"Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to obtain their vehicle faster. The online used-car dealership has integrated financial services provider Plaid’s RFP technology, which leverages The Clearing House’s real-time payment (RTP) network to streamline the consumer-to-business payment process."
Healthcare IT Today
"For many healthcare providers, outdated payment systems are causing unnecessary frustration for patients and staff and costing providers. Leading organizations, like First Choice Neurology, are proving there’s a smarter way. Digital payments speed up revenue collection. Switching to text and online payments cut FCN’s days in AR from 27 to 24—an immediate boost to cash flow and operational efficiency. Modern payment tools drive real cost savings. Transitioning from mailed statements to digital payments saved $8K–$10K per month, with lower transaction costs and fewer print/mail expenses."
Tech Brew
"AI agents might be taking on more responsibilities at work, but maybe think twice before handing over full access to payments. A new paper from researchers at Princeton University and the Sentient Foundation found that certain agents—AI systems that can act beyond the realm of a chatbot—could be vulnerable to memory attacks that trick them into handing over cryptocurrency."
Nat Law Review
"In October 2024, the Federal Trade Commission updated its 1973 Negative Option Rule to address unfair and deceptive online subscription practices. The Rule sparked significant debate, with the original proposal garnering over 16,000 comments. Following some revisions based on this feedback, the Rule went into effect in January 2025. Originally slated for enforcement on May 14, the FTC announced on May 9 that enforcement would be deferred by 60 days, giving businesses until July 14, 2025 to review and comply."
GlobeNewswire News Room
"NeverPay announces the launch of its crypto-based payment system designed to let users make purchases without selling their digital assets or entering into debt. The platform introduces a concept called “Buy Now, Pay Never,” allowing users to leverage the yield generated by their staked crypto to fund real-world purchases."
Reuters
"Airlines fear fee bill could end rewards credit cards. Durbin claims bill saves $15 billion in fees annually. Airlines rely on loyalty programs for significant revenue. Airlines warn fee bill may harm tourism and air travel."
ATM Marketplace
"The New York State Assembly and Senate have passed a law that bans grocers and retailers from refusing cash. The bill aims to protect senior citizens, unbanked and other individuals who primarily pay with cash, according to a press release."
Ledger Insights
"Fortune published a report that several Big Tech firms, including Apple, X, Airbnb and Google, are exploring using stablecoins for payments, citing sources. A month ago the same magazine reported that Meta was exploring digital currencies. The news follows Uber’s confirmation yesterday that it was investigating the potential for stablecoin payments."
Tearsheet
"How do you bring crypto out of its niche and make it accessible, compliant, and useful for people who don’t know what a private key is? PayPal, Coinbase, and Green Dot are each handling this challenge in their own way. In three short case studies, we look at how they’re growing their crypto services by connecting with traditional financial systems."
GlobalData
"As rising prices squeeze household budgets on both sides of the Atlantic, major retailers in the UK and US are turning to Buy Now Pay Later (BNPL) services like Klarna, Affirm, PayPal and Afterpay to offer more flexible payment options. In the US, Affirm is widely used by major retailers including Walmart and Peloton. Walmart enables BNPL at checkout through Affirm for purchases over $144, including electronics, home goods and sports equipment."
Chicago Tribune
"Illinois legislators voted to delay for one year a ban on certain credit card fees that was set to take effect July 1 amid a legal challenge by banks. A measure passed by legislators and signed into law by Gov. JB Pritzker last year would prevent banks and credit card companies from charging retailers a small fee on sales taxes and tips. Pritzker still has to sign off on the legislature’s move to extend the deadline to July 1, 2026."
Financial Regulation News
"The U.S. Department of the Treasury issued a request for information (RFI) related to an executive order that seeks to transition federal disbursements to electronic payments. The executive order (EO) in question is 14247, “Modernizing Payments to and From America’s Bank Account.” Beginning Sept. 30, all federal payments that are currently made by paper check —including Social Security benefits, tax refunds, and vendor payments — will be made electronically."
Ledger Insights
"Artemis has produced a report on stablecoin real world payments based on a survey of 31 companies that process mainstream stablecoin payments. The average size of B2B payments on the Ethereum and TRON blockchains were pretty high ($219,000 each) compared to other chains such as Polygon where the average was under $10,000."
CNBCTV18
"Artificial Intelligence (AI) has just started to deliver on the promises of productivity gains, and banks are probably the front runners in adopting the latest innovations like AI agents. However, they have started to hit roadblocks when scaling AI, such as operating on legacy systems, limitations of surface-level automation, and struggling to get the maximum return on investment solely from employee productivity."
Cision
"Crunchfish Digital Cash AB announced the release of its latest white paper titled Rethinking Offline Payments: A Groundbreaking Ecosystem Approach. This groundbreaking whitepaper tackles the pressing need for resilient offline payment solutions while addressing the critical challenges currently faced by the payment ecosystems."
PR Newswire
"Neema, a global cross-border payments network catering to financial institutions, launched Dynamic Routing®. Dynamic Routing, along with Neema's vast network of financial partners, enables a smarter method for global money movement. Rather than depending on a single pathway, Dynamic Routing establishes multiple real-time routes between countries."
Convera
"A key complexity of the ISO 20022 rollout is that payment schemes around the world are migrating on varied timelines and with different implementation strategies. For example: Fedwire in the United States plans to fully adopt ISO 20022 on July 14, 2025; The Eurosystem’s T2, and EBA Clearing’s EURO1 have already migrated; Australia’s New Payments Platform (NPP) is powered by ISO 20022 messaging standards; The SWIFT network will complete its transition to ISO 20022 for international cross-border payments in November 2025."
ABA Banking Journal
"Payment stablecoins issued by nonbanks are economically equivalent to MMFs. One could even characterize them as tokenized MMFs used for payments. They share the same vulnerabilities with MMFs, and may suffer similar runs under stress. As Congress and regulators debate the right level of stablecoin regulation, these run risks and the potential role of the Fed warrant careful consideration."
Business Wire
"Volante Labs Limited (volantechain.com) has launched the Volante Card, the world’s first Web3-enabled prepaid card designed specifically for salary disbursement—no traditional bank account required. Designed to serve billions of unbanked individuals globally, the Volante Card provides a secure, seamless, and compliant solution for both employers and workers."
WSJ
"The nation’s biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry. The conversations have so far involved companies co-owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks, according to people familiar with the matter. Those include Early Warning Services, the operator of the peer-to-peer payment system Zelle, and the Clearing House, the real-time payment network. [Subscription Required]"
Business Wire
"BHMI announced that its Concourse Financial Software Suite has been updated to support compliance with the Illinois Interchange Fee Prohibition Act (IFPA). The IFPA, enacted in June 2024 and set to take effect on July 1, 2025, prohibits payment card networks, issuers, acquirer banks, and processors from assessing or receiving interchange fees on portions of electronic payment transactions that represent state or local taxes and gratuities."
GlobeNewswire News Room
"TransFi launches BizPay, a unified global payment platform enabling instant, compliant cross-border transactions with AI-powered routing and 250+ local methods across 100+ countries. At the heart of BizPay is an engine built for precision. Using AI-powered dynamic routing and 70+ backend integrations, every payout or pay-in is optimized for the fastest and most cost-effective route—whether that’s via fiat or stablecoin rails. "
AP News
"The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out, a Treasury Department official confirmed Thursday. An immediate annual savings of $56 million in reduced material costs is expected by stopping penny production, according to the official, who was not authorized to discuss the matter publicly and spoke on condition of anonymity to preview the news."
Crypto News
"Circle has officially launched the mainnet for its Circle Payments Network. The CPN will be a new blockchain-based system designed to facilitate real-time cross-border payments and settlements using its stablecoin, USDC. The CPN is built to support business-to-business payments, cross-border remittances, enterprise treasury operations, and payroll disbursements."
KHOU
"More Klarna customers are having trouble repaying their “buy now, pay later" loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” users saying they had fallen behind on payments."
Finsiders Brasil
"In the world of finance 4.0, decisions such as granting credit , pricing insurance and releasing payments are being automated with the help of Artificial Intelligence ( AI ). However, the criteria are not always clear or auditable. AI decisions are still a black box. If even experts can’t explain it, don’t feel bad about not knowing how your company’s model decides who receives credit,” said Osvaldo Aranha."
PR Newswire
"Keynova Group, the principal competitive intelligence source for digital financial services firms, announced the results of its semi-annual Online Banker Scorecard for Q2 2025. The latest findings reveal the Scorecard banks' improvements in debit card controls and management, more consumer-facing security protection tools and the ongoing opportunity for banks to advance real-time alerts messaging."
Inc.
For years, famed restaurateur Danny Meyer has wanted to reinvent the way diners pay their bills. With Checkless Payments, Meyer challenged the Meyer's Union Square Hospitality Group and Fiserv teams to develop a solution that was elegant enough for fine dining establishments.
ABC Money
"As we look ahead to 2035, the cryptocurrency landscape is poised for transformative changes that will reshape our financial systems, technological infrastructure, and global economy. What began with Bitcoin in 2009 has evolved into a complex ecosystem of digital assets, decentralized applications, and financial instruments that challenge traditional economic paradigms."
Crypto News
"Lawmakers in both parties are trying to quickly bring back the GENIUS Act, a stablecoin bill backed by the crypto industry giants, after it stalled last week following backlash over U.S. President Donald Trump‘s growing crypto ventures."