Payments

The trucking and transportation industry is highly fragmented with hundreds of thousands of participants and different processing systems. The $1 trillion in revenue has drawn processors and card companies armed with new tech.

In August's roundup of top tech news: Banks and retailers wrestle with the unseen consequences of artificial intelligence, Mastercard lays off roughly 3% of its workforce and more.

The payments platform is preparing for expansion to a market that has a fast-growing real-time transaction rail, making the country a hot spot for international investment.

City National Bank plans a new branch in California that fulfills one of its settlement obligations with the DOJ; Fiserv and PayPal expand their tech collaboration; Banc of California's Monica Sparks steps down; and more in this week's banking news roundup.

The buy now/pay later company beat analysts' expectations on revenue, net income and earnings per share as it issued new guidance for the end of its next fiscal year. Its stock was up as much as 31%.

Payment experts say keeping customers happy is the key to maintaining partnerships Here's what J.D. Power has to say about user satisfaction.

The indictment of Telegram's CEO has added scrutiny to the ways in which messaging apps are facilitating check fraud — and what banks can do to stop them.

Goldman Sachs, Capital One and Wells Fargo have all suffered pitfalls in their merchant partnerships. Payment experts discuss how issuers can keep retailers and consumers onboard.

The Swedish financial institution reports generative artificial intelligence will enable the company to lower headcount, while a digital payment rail is improving the financial performance at Walmart's PhonePe unit.

The Most Influential Women in Payments: Next execs discuss risks and rewards of generative artificial intelligence for their firms and careers.