Payments

FedNow and RTP are only going to get better and more efficient as they become interoperable and develop new use cases. It's time to get on board.

The financial institution released details of an FDIC consent order, weeks after the unexpected departure of longtime CEO Roger Hochschild. The bank must submit several action plans to address consumer protections within three months.

With worries about inflation and the economy, fintechs and banks sense an opportunity for new technology that speeds transactions and slices overhead.

Less than a month after Ripple said it had agreed to acquire custodian Fortress Trust, the crypto company is backing out of the deal.

The card network has teamed with Rochester Institute of Technology's Dubai satellite to foster local AI talent, and has several other AI efforts underway.

Through its commitment of up to $4 billion in Anthropic, the e-commerce giant can bring advanced analysis, shopping and checkout tech closer to the point of sale — and farther away from traditional transaction processors.

Cash remains king, but some credit card customers prefer giving their rewards to nonprofits, so the Minneapolis banking giant has made it a year-round option where it's matching donations dollar for dollar.

Citi's hiring a global instant payments exec, Australian regulator hits National Australia Bank over fees and more.

Young, financially fragile bank consumers are more likely to use BNPL, but the popular interest-free products also reach a wide audience, according to research from the Federal Reserve Bank of New York.

The payment company's partnership with tech firm Jane is focused on Canada, but it enables a quick expansion if the SAFER Banking Act passes.

JPMorgan Chase's U.K. digital lender is blocking customers from making crypto payments, citing an increase in frauds and scams.

After delays, the bank-owned consortium that launched Zelle in 2017 is poised to launch a limited-market test of Paze, its card-powered online checkout method.

During Hunger Action Month, firms in the payments and fintech space should consider the many ways they can leverage their products to improve Americans' access to healthy foods.

The company's scale has helped it become a force in many payment niches, but that wasn't enough to make its PYUSD coin an immediate threat to Tether's USDT and Circle's USDC.

Banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. sold $8.64 billion of debt to fund the partial leveraged buyout of Worldpay Inc., boosting the size of the offering in a sign of growing investor demand for LBO debt.

Affirm is considering a subscription service in a bid to create more recurring revenue beyond interest collected from its buy now/pay later plans.

The messaging organization, which faces growing competition from newer tech firms, is working with the card network and payments company to ensure that its own offerings stay relevant.

BMO Financial Group is the fourth bank to partner with the fintech to enable employers to offer early access to the wages they pay.

U.K. regulators rule on complaints about bias from politicians, Brazil's Ebanx extends to India and more in our weekly financial news roundup.

The move, which follows the launch of the service in Brazil and Singapore, taps a market with more than 400 million WhatsApp users.