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March 18, 2025
On the web
Adyen Goes Live With Tap To Pay on iPhone in Nine Additional European Markets
Adyen
"Adyen has officially enabled Tap to Pay on iPhone in nine new markets: Bulgaria, Finland, Hungary, Poland, Portugal, Slovakia, Slovenia, Switzerland and Liechtenstein. The functionality allows businesses, such as gastronovi, the all-in-one solution for the hospitality industry, to enable iPhones to accept contactless payments without the need to purchase or manage additional hardware."
ABA, Others Seek Court Ruling in Illinois Interchange Fees Lawsuit
ABA Banking Journal
"The American Bankers Association joined other plaintiffs in filing a motion for summary judgment in a lawsuit challenging an Illinois law restricting interchange fees, pointing to the court’s previous finding that the plaintiffs were likely to succeed on their argument that federal law preempts the state law."
Apple Introduces Tap To Pay on iPhone in More European Countries
Apple
"Apple today introduced Tap to Pay on iPhone in Bulgaria, Finland, Hungary, Liechtenstein, Poland, Portugal, Slovakia, Slovenia, and Switzerland, enabling millions of merchants to use iPhone to seamlessly and securely accept in-person, contactless payments. In collaboration with payment platforms, app developers, and payment networks."
ACI Worldwide and Ingo Payments to Power Faster, Flexible Digital Disbursements
ACI Worldwide
"ACI Worldwide announced a partnership to provide a flexible, fast and secure digital disbursements solution: ACI Speedpay Digital Disbursements. This new solution is a value-added feature as part of the ACI Speedpay platform to help businesses scale their disbursement operations efficiently to meet customer expectations and evolving regulatory standards."
Airwallex Collaborates With Discover® Global Network To Expand Payment Acceptance Options
Airwallex
"Global fintech Airwallex has announced a new collaboration with Discover® Global Network, enabling Airwallex merchants to accept Discover® and Diners Club International® Cards, and other domestic scheme cards as a payment method, providing greater payment flexibility for businesses and their customers."
March 17, 2025
On the web
This Underrated Google Wallet Feature Is One of My Favorite Things About the App
Android Authority
"Over the last couple of months, I started using a little-known and often-forgotten Google Wallet feature that began rolling out last summer: custom passes. You’ve long been able to add anything with a barcode or QR code to Wallet, but the implementation was pretty barebones. Last August, Google upgraded the experience to use AI to help you create a custom pass for virtually anything."
Mastercard Open Banking Collaborates With Virgin Money on Account Aggregation
Open Banking Expo
"A new partnership between UK-based Virgin Money and Mastercard will enable the bank’s customers to view their credit card and current account balances and transactions from other banks in one place on the Virgin Money Credit Card app. Mastercard’s Open Banking technology is behind the account aggregation solution, which is designed to make it easier for Virgin Money customers to manage their finances."
On the wires
Jack Henry and Moov to Implement Mastercard Move to Enable Fast, Seamless Domestic Payments
PR Newswire
"Jack Henry™ announced an extended collaboration with Mastercard to offer Mastercard Move, Mastercard's portfolio of money transfer solutions, through Jack Henry Rapid Transfers™, a cloud-native service that will enable near-real time* money movement. This includes account funding and a variety of payment use cases in the United States via the Mastercard network."
Klarna, OnePay Unveil Installment Loans Tie-up for Walmart Shoppers in US
Yahoo Finance
"Swedish payments firm Klarna is partnering with consumer finance app OnePay to offer installment loans for purchases at retail giant Walmart in the United States. The fintech said the exclusive partnership with OnePay will give millions of Walmart customers flexible payment options and will be directly integrated at checkout this year."
Cash App Begins Roll Out of Afterpay’s Pay Over Time Offering at Hundreds of Thousands of Merchants
Business Wire
"Starting this week, eligible Cash App customers will begin to have access to Afterpay’s leading pay over time products when shopping online at partner merchant sites. Cash App and Afterpay, part of Block, Inc., have debuted an evolved brand, Cash App Afterpay, with a new logo for their checkout to expand access to a seamless Pay Over Time experience connecting with thousands of merchants."
March 14, 2025
Top Post
Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow
Business Wire
"Block, Inc. announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer loan product Cash App Borrow. The expansion of Square Financial Services, Inc. to offer small, easy-to-repay consumer loans to Cash App customers will continue to drive economic empowerment to consumers."
On the web
PNC Bank Warns: This Is the Limit When Withdrawing or Depositing Cash at the ATM
e-notícies EN
"PNC Bank has implemented new measures to strengthen user security. Standard account holders have limits at ATMS ranging from $500 to $1,500 per day. Limits have now been imposed on deposits, reducing the number of bills or checks that can be processed in a single transaction. They have also implemented changes in the use of debit cards at ATMs where additional security checks when conducting transactions at non-PNC ATMs could lead to delays or declined transactions."
Open Banking 2025 Thoughts & Trends
Finicity
"As we head into the new year, we are highlighting a few topics that are top of mind for Mastercard Open Banking, and how we see the Open Banking landscape evolving over the next 12-24 months."
Amex Trendex: B2B Payments Study Finds 8 in 10 Businesses Plan to Improve Payments Processes in 2025
American Express
"The new Amex Trendex: B2B Payments Edition reveals that there is an opportunity to enhance the payments experience on both sides of the transaction. Top Findings: The vast majority (91%) of business decisionmakers say that easy, streamlined and secure payments drive business growth. One quarter (26%) of business decisionmakers cite late or slow payments as a common reason for why they have stopped working with a buyer or supplier. Yet only 17% of businesses surveyed have fully automated their payments processes."
AvidXchange Said to Weigh Sale After Takeover Interest
Bloomberg
"AvidXchange Holdings Inc., a financial technology company that helps midsize businesses pay and receive bills, is weighing a sale after getting takeover interest, according to people familiar with the matter. While conversations are ongoing, a final decision hasn’t been made and AvidXchange might opt to not proceed with a sale, particularly given the recent turmoil in the equity markets, the people added."
National Payment Volumes, Detailed Data, ACH, Checks, Wires, and Alternative Payments
Board of Governors of the Federal Reserve System
"The Federal Reserve Payments Study is an ongoing effort to estimate aggregate trends in noncash payments in the United States. This release contains national estimates of the number and value of transaction accounts, checks, automated clearinghouse (ACH) transfers, and wire transfers for the United States in the years 2015, 2018, and 2021."
On the wires
President of Ant International: Working With All AI Models to Drive Asia Growth for Global Merchants
Business Wire
"Ant International connects 1.7 billion consumer accounts of 36 digital wallets, mainly in Asia, to 90 million merchants online and offline globally...Ant International has been working with partners around the world including JP Morgan, Standard Chartered, and HSBC on tokenised deposit solutions to move money and increase settlement efficiency. On the AI front, the company "keeps an open approach" as to model choices, and work with multiple foundational models in its merchant payment and financial solutions."
March 13, 2025
On the web
Bilt Rewards Acquires Banyan to Transform Neighborhood Commerce Through Item-Level Intelligence
Bilt Rewards
"Bilt Rewards, the leading payments and commerce platform transforming the $2.1 trillion housing payments market, today announced the acquisition of Banyan, the industry-leading platform for item-level receipt data. This strategic acquisition—Bilt's first—significantly expands Bilt's ability to create innovative, frictionless experiences that drive neighborhood commerce and deliver unprecedented value to both residents and local merchants."
dLocal and Coda Announce Global Strategic Partnership to Expand Gaming Payment Streams in Emerging Markets
dLocal
dLocal has announced a strategic partnership with Coda, a leader in digital content monetization. This partnership strengthens Coda's ability to deliver innovative payment solutions by expanding access to trusted local payment methods, unlocking new monetization opportunities for gaming publishers worldwide, with a strong presence in Latin America.
Nexi Leads the Growth of Mobile Payments in Italy: The European Paytech Recorded a 61% Rise in Spending Volumes in 2024
Nexi Group
"The number of virtualized Nexi cards on mobile payments wallets also increased (+36%),as well as the number of transactions made with smartphones and smartwatches (+68%)"
Global Mastercard Outage Leaves Customers Unable to Make Payments
Mail Online
"Mastercard users all over the world reported being unable to make online or in-person payments early Sunday morning. Hundreds of people in as many as 65 countries - including the United States, Japan, Italy and Australia - all experienced a loss in services for a brief but troubling period, according to DownDetector, a website that catalogues real-time reports of issues and outages. Mastercard told Fox Business there was a glitch affecting transactions that has since been resolved."
Contactless 101: What You Need to Know About Tap and Go
Mastercard
"Tap and go — also known as contactless payments — account for more than two in every three in-person transactions globally on Mastercard’s network, up from one in three prior to the pandemic. That spike in adoption can be attributed to two major factors. First, shoppers and merchants were both seeking touch-free ways to transact amid the global pandemic."
On the wires
Oracle Brings AI Agents to the Fight Against Financial Crime
PR Newswire
"Oracle Financial Services is supercharging its Investigation Hub Cloud Service with the addition of a broad class of AI agents and agentic workflows that enable financial firms to automate investigative processes needed to uncover complex patterns and fight financial crime. The agents help improve the overall quality and speed of reviewing suspicious activity by using generative AI-driven narratives to supplement investigators' own analysis."
March 12, 2025
Top Post
10 Years of Cash, Cards and Crypto: Worldpay’s Global Payments Report Tracks a Decade of Transformation
Worldpay
"The 10th edition of the Worldpay® Global Payments Report (GPR) reveals a global transformation in payments. In just a decade, innovation such as digital wallets, buy now pay later (BNPL) and real-time account-to-account (A2A) technology has revolutionized the way consumers pay."
On the web
Visa Unveils its Scam Disruption Practice, Helping Protect Consumers and the Financial Ecosystem Globally
Visa
"Visa unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), saved victims $350 million across dozens of scams last year. This is in addition to the $40 billion PERC blocked in attempted fraud on the Visa network last year."
A Price to Pay for a Separate Amazon Pay [India]
Tech In Asia
"Rolling out a new offering is something Amazon is mulling in India. The ecommerce giant may launch a standalone payments app in the country. This move could better position it to challenge Google Pay and PhonePe, which have a combined market share of 85%."
March 11, 2025
On the web
Mastercard, Visa Pledge Vigilance Following Investigation Into Payments to Illegal Gambling Sites
CDC Gaming
"Mastercard and Visa are probing claims that illegal gambling websites facilitated deposits through their networks. An investigation into the sites found that Mastercard and Visa were failing to prevent their networks from being used for those transactions, The Guardian reported last week."
On the wires
Dwolla and Plaid Expand Integration; Unified API Now Available to Enterprise Customers
PR Newswire
"Dwolla announced the general availability of its expanded integration with Plaid, a data network powering the digital financial ecosystem. Dwolla's clients are now able to leverage Plaid's instant account verification and real-time balance check alongside comprehensive pay-by-bank payments through a single vendor and a single API."
Blackhawk Network Completes Tango Card Integration to Offer New, Globally Available Digital Rewards Portfolio
Business Wire
"In less than a year since its acquisition of Tango Card, global branded payments provider and rewards innovator Blackhawk Network (BHN) has completed its integration of Tango’s digital solutions into the larger BHN platform. This creates synergies at a global scale for businesses looking to embed rewards into their own business processes and applications through BHN’s leading digital platform."
Intuit QuickBooks Enables Tap to Pay on iPhone for Small and Mid-Market Businesses to Accept Contactless Payments
Business Wire
"Intuit Inc. announced the availability of Tap to Pay on iPhone for its QuickBooks Online customers in the U.S., enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone."
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