Payment processing

The company is selling its Genius platform to large restaurant and entertainment companies in an attempt to counter the wave of improvements from its rivals.

Early Warning Service's peer-to-peer payments network saw payment volume growth accelerate in the first six months of 2025, buoyed once again by small-business payments.

The government-powered network is allowing larger payments to settle instantly, a move The Clearing House has also made for its RTP network. Payment experts say more than higher limits are needed to make speedy processing ubiquitous.

From FedNow to Venmo, banks are tapping QR codes for speed and security. Scammers are also exploiting the blind trust they elicit.

Attackers used stolen vendor credentials to move $130M, underscoring vulnerabilities in real-time payment systems.

The card brand is partnering with Adyen, Worldpay and other processors to expand Click to Pay, a simplified e-commerce authentication and processing tool.

In Brazil, QR codes have been powering Pix, the country's instant payment scheme, for years. Two fintechs are hoping that connecting QR codes to instant payment schemes such as FedNow will help drive uptake for instant account-to-account payments.

A2A, or pay by bank payments, are an alternative to card networks, a lower-cost option that is catching on with consumers and merchants.

Fedwire has migrated to ISO 20022, a messaging standard designed to make it easier for digital real-time processing rails to work together. It's a difficult lift for banks, but the agency promises it will be worth it.

The Dallas-based lender, which reported a year-over-year decline in earnings, is anticipating increased loan activity and deposit growth later in the year.