John Adams

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.

Fears of a recession abound, but payment and other financial technology companies that can address pressing business challenges will draw funding, according to venture capital investors.

Meta's Facebook has discontinued a digital wallet that was originally meant to help people use the Diem stablecoin. But its Meta Pay platform is more conventional — and thus more likely to succeed where Novi failed.

Meta's wallet, which was designed to support the Diem cryptocurrency, will close in September. It's the latest setback for Meta's goal to build a broader payments system.

Banks and payment companies may have to decide whether to proactively protect or prohibit transactions for abortion treatment. Any action — or inaction — can be seen as taking a position on the highly divisive issue.

More banks, fintechs and organizations are launching projects or implementing plans to speed transaction processing.

The card network has found common ground with retailers, revising its policies to help them better combat a type of fraud where consumers attempt to dispute legitimate purchases.

The U.K.'s Payment Systems Regulator is reviewing the card brands' fees, and promises to support competition for the U.S.-based companies.

The midsize companies that the Kansas City, Missouri, bank caters to may not be salivating to settle transactions in real time, so UMB says it's being cautious about when and how it implements new technology.

Companies like Euronet are focused on the international use cases for real-time payments that often get overlooked by domestic transaction rails.

The Korean technology firm was one of the few success stories from the early days of mobile payments. But times change, and consumers are demanding more than just the ability to transact.

Pay Monthly, which allows consumers up to two years to repay a single purchase, fills the void between short-term BNPL offerings and long-term bank loans — and strengthens the company's super app.

It's late in the game to get involved in cannabis payments, which is why Golden Ark is looking past physical dispensaries to stake its claim in the virtual world.

Pay Monthly loans will have payment plans of up to 24 months, enabling consumers to make larger purchases and repay over a longer period of time than the standard four months.

A partnership with Marqeta gives the remittance provider the online banking tools necessary to better compete in Europe, where digital money movement is in demand.

Drought, inflation and the lingering effects of the pandemic are making it harder for farms to make ends meet. Many are shifting to a direct-to-consumer model that relies heavily on digital payments and banking.

The card network's corner of Decentraland will host LGBTQ thought leaders and artists, and provide a way for visitors to connect with one another.