John Adams

After enabling used-car sales with The Clearing House's RTP rail, the bank has implemented the same technology for real-time funding of vehicle loans.

A real-time refund can allow travelers to quickly rebook after a cancellation, and instant credits can make longer airport waits more bearable, according to fintech experts.

Jifiti is among the technology companies that want make it easier for retailers and banks to offer installment lending. The disruption caused by inflation and a hawkish Fed are combining to create an opportunity.

Business-to-business payments have long been stuck in the past, with a heavy emphasis on paper checks. The need for modernization has attracted a flurry of technology developers.

The prepaid card issuer's senior vice president of partner services and delivery, one of this year's Most Influential Women in Payments Next honorees, has had to address the impact of multiple global crises on the underbanked.

The very upstarts that gave the prepaid card issuer a run for its money in recent years are seeing their valuations fall and their belts tighten. At the same time, Green Dot CEO Dan Henry expects that it can help consumers manage their cash flow amid economic stress.

The payments company has agreed to acquire EVO Payments for $4 billion and sell off the consumer-focused portions of its Netspend unit as part of an industrywide emphasis on automated business-to-business payments.

The payment processor is an early user of Apple's smartphone payments capability, which provides a DIY option for retail workers, but doesn't necessarily cover all merchants in all use cases.

Dee Hock, who recently passed away, was CEO of the card brand from 1970 to 1984. He championed a mix of competition and collaboration among financial institutions to foster innovation, an idea that is still used in technology development.

A potential Senate bill could pressure interchange fees, while the broader economy faces a downturn. Mastercard CEO Michael Miebach contends the firm is prepared for both.

American Banker's second annual Most Influential Women in Payments, Next recognizes women under 40 who have demonstrated a strong talent for leadership and an expertise in their respective fields.

The card brand has not seen "any evidence" of consumers reducing spending major categories or markets, the card network's chairman and chief executive said.

Pagaya, which drew attention for wild swings in its stock price last week, says uncertainty is part of what makes its product compelling.

Buy now/pay later lenders, digital payment providers and companies building "super apps" have suffered hits to their stock prices and valuations during the market slump, causing some to conduct layoffs. But most are pushing ahead with new products and services.

The recent drop in stock prices and valuations is prompting fintechs to focus more on their core competencies. This doesn't mean an end to innovation, but companies will be more selective about how they allocate resources.

A partnership with the business payment technology firm Melio supports card payments even when one party is stuck in the world of paper checks and cash.

By accumulating a network of specialized fintechs, the card brand can connect those vendors to banks and merchants that want to build new payment services.

Public transit is recovering slowly from the pandemic, but ridership could increase if cities cater to a strong demand for contactless ticketing and digitized fare discounts, according to Visa.

The mobile-focused challenger bank is adding payments hardware, expanding its services for consumers and businesses.

By acquiring the Latvian data-sharing specialist, the London-based payment company hopes to beat fintech rivals in the race to power account-to-account transactions.