Payments

A new debit card for military veterans, Google expands a billing test and more in banking news this week.

Companies like Blockchain.com are teaming up with traditional financial firms to meet a demand that has endured despite the crash in many digital currencies' valuations.

Musk's public statements provide a rough road map for the creation of a financial services business. Social media sites has been down this road before.

In global news this week, HSBC offers real-time processing for investments, Ant adds buy now/pay later loans in Hong Kong, and Santander limits crypto in the U.K.

Small-business owners need all the savings they can get, but the proposed legislation will ultimately cost consumers and entrepreneurs.

The merchant service firm's stake in SoftPos.eu, which supports software-based smartphone payments, positions it to better serve the businesses that want to move away from traditional terminals.

U.S. credit card balances surged to a record in the third quarter as banks bet that consumers with less-than-stellar credit will be able to handle more debt. 

Atlanticus is testing a debit card that converts to a credit card within three months if customers demonstrate financial responsibility.

Gas, or the fee associated with crypto transactions, is spiking. Canvas and other tech firms are trying to ease this expense to promote the technology's use for payments and other financial services.

The Federal Reserve's latest rate hike will cost Americans with outstanding credit card debt more than $5 billion in additional interest over the next 12 months, according to an estimate from the personal-finance site WalletHub.