Daily curated intelligence on credit card, P2P, QR-code, ACH and real-time payment processing.
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Artificial intelligence agents add information to a card payment that merchants, issuers and networks don’t routinely exchange today: what the consumer authorized the agent to do and whether the transaction falls within that authority. EMVCo is developing a technical framework for carrying that information through card
NG.Cash, the "Brazilian Cash App" founded by a former YouTuber, has raised $15 million to back its efforts to bring credit and crypto services to the country's young, unbanked population.
BMO and Mastercard today announced the availability of a new embedded Commercial payments capability that enables eligible Corporate Card clients to initiate and manage BMO Commercial virtual card payments directly within the software platforms they use to run their operations.
BMO and Mastercard today announced the availability of a new embedded Commercial payments capability that enables eligible Corporate Card clients to initiate and manage BMO Commercial virtual card payments directly within the software platforms they use to run their operations. Through this expansion, BMO becomes the f
Mosaic Processing invites software platforms to review how payment acceptance fits into their products, customer relationships and business economics. The invitation includes booking, membership, billing, ERP and practice-management software companies that serve businesses accepting credit and debit cards.
Consumers under financial pressure are buying bigger baskets and choosing value-focused merchants, giving retailers an opportunity to help shoppers make each purchase go further. That’s a central finding of “The New Checkout: Crimped Consumers Lean Into Online Retail and Digital Wallets,” a PYMNTS Intelligence report b
BMO and Mastercard have launched a new embedded commercial payments capability that can be integrated into participating enterprise software platforms in Canada and the United States, BMO said in a Thursday (Oct. 1) press release. When this capability is enabled in a platform, BMO’s eligible Corporate Card clients can
Personal finance platform Monarch has acquired MBI, the digital banking fintech formerly known as HMBradley.
Australia's WeMoney has launched an AI-powered lending assessment service built on the country's Consumer Data Right.
The biggest mistake merchants could make in agentic commerce may be waiting for one protocol to win. There probably won’t be one. The emerging infrastructure for artificial intelligence (AI)-driven shopping is beginning to look less like the early browser wars and more like the internet stack itself, comprised of multi
It’s not just the tech banks need to think about. The talent that is needed to make most organisational AI aspirations a reality is a huge part of the successful AI adoption — per an expert panel at the 2026 Sibos conference in Miami.
Some of Europe's biggest payments groups - Bancomat, Bizum, Wero, Sibs-MB WAY and Vipps MobilePay - have banded together to create a cross-continent network that can take on Visa and Mastercard.
The Payments Association (TPA), the trade association representing the payments industry, has acquired its European sister organisation, The Payments Association EU (TPA EU), bringing the two communities under one umbrella and creating a combined network of more than 350 member organisations.
Nubank thinks highly of fellow digital bank Monzo but doesn’t want to buy it. The Brazilian lender made that pronouncement Wednesday (Sept. 30) in a securities filing, prompted by recent news reports that it was interested in acquiring the U.K.-based Monzo. “As a matter of general practice, the company does not c
Watch more: Government Disbursements Need to Move at the Speed of Need For a household waiting on food assistance or disaster relief, a payment that is somewhere between the government and a bank account isn’t money that can buy groceries or pay for a hotel room. The gap between issuing funds and getting them where [&#
Stripe plans to strengthen its support for platforms by acquiring Parafin, an embedded financial products platform, the company said in a Wednesday (Sept. 30) press release. Parafin provides platforms with credit offerings for their small business customers. The company has helped more than 60,000 businesses gain acces
A Department of Defense recordkeeping unit, the Defense Manpower Data Center (DMDC), has alerted millions of current and former military members and staff that their data was stolen during a breach that lasted from October 2025 to July 2026, TechCrunch reported Wednesday (Sept. 30). The breach exposed people’s name, da
<figure><div><img src="https://imgproxy.divecdn.com/R1c7DozIXhlIp2W5pJU_QrDNsbTwcIaFIqKq0I7suu8/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MjA1NDkwNTAuanBn.webp"/></div></figure><p>The Wero project launched by European banks is making progress in challenging the card networks&rs
Trading Technologies International, Inc. (TT), a global capital markets technology provider, today announced it has acquired TRAFiX LLC (TRAFiX), a leading provider of equities and equity options order and execution management systems (OEMS) and FIX connectivity solutions.
Oracle Financial Services today expanded its financial crime and compliance management portfolio with the availability of Oracle Nexus Case Flow and Oracle Nexus Reach for financial crime investigations.
Thunes, the Smart Superhighway to move money around the world, has signed a new agreement with Aljazira Bank, one of Saudi Arabia's leading financial institutions, to modernize and expand its international remittance services.
Visa and Lloyds Banking Group have completed a live pilot exploring how stablecoin-based settlement could support faster, more transparent and flexible cross-border transactions.
Google Gemini and Antom, a leading merchant payment and digitisation services provider under Ant International, today announced a strategic partnership to make AI tools for learning, creativity and productivity more accessible to users in Asia.
A debit processor migration can look successful on a project plan and still create problems at the checkout counter. That’s one of the central findings in “The Hidden P&L of Legacy Debit: What Processor Migration Actually Costs, Saves and Breaks,” a June 2026 report from PYMNTS Intelligence and Galileo. The report
Watch more: What’s Next in Payments With Chris Trainor of Paymentus Giving an artificial intelligence agent a wallet is easy to understand. Giving it permission to use that wallet safely is where the payments industry gets complicated. “Large language models are probabilistic, and financial execution can’t be,” Chris T
Consumer confidence fell in September as consumer concerns about the cost of fuel and other goods and services rose to new heights, The Conference Board said in a Tuesday (Sept. 29) press release. The Conference Board Consumer Confidence Index fell by 6.7 points during September to reach 81.9 at the end of the month, a
Most small and medium-sized businesses (SMEs) trading internationally are set to switch their current cross-border payment provider in the next two years, according to a Mastercard report.
<figure><div><img src="https://imgproxy.divecdn.com/shkLTsUnylv3UUgTJS0VkFxskpHjrhXHraAC5bpGHC0/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMTU3ODU4OTIyLmpwZw==.webp"/></div></figure><p>The measure to provide merchants a cash rounding framework, and to formally phase out the penn
<figure><div><img src="https://imgproxy.divecdn.com/sgUcj39UUauLy1BhB7Hhoh_WeGgjDlcemL3THUZtoHI/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS8yVDk5SjU0LmpwZw==.webp"/></div></figure><p>The Federal Reserve is inching toward adding some sort of cross-border capability to FedNow, but it’s not cl
Arab African International Bank (AAIB) achieved further progress in strengthening its digital payments security and fraud prevention capabilities through its collaboration with IBM and TECH-HUB.
SEON, the AI Command Center for Fraud Prevention and AML Compliance, today announced that DeeMoney, Thailand’s leading fintech for international money transfers, has selected SEON as its fraud and compliance partner.
Artificial intelligence has reached nearly every part of the large companies surveyed by PYMNTS Intelligence, but its place in the daily workflow varies from one business function to another. The September report “AI at Work: Why Deeper Enterprise Use Produces Stronger Returns” found that the 60 enterprises in the Unit
U.S. Bank has launched two new small business credit cards that are designed to deliver “straight-forward rewards” on everyday business purchases, the bank said in a Monday (Sept. 28) press release. The new U.S. Bank Business Essentials Visa Card has no annual fee, offers unlimited 2% cash back on everyday business pur
Shopify now enables browser agents to check out on the websites of all its eligible merchants, Gil Greenberg, staff product manager, checkout at Shopify, wrote in a Monday (Sept. 28) article on LinkedIn. Shopify already enabled agents to search products, browse collections and add items to a cart through structured too
BNY has unveiled a Pay-to-Wallet capability, making it possible for banks to send cross-border payments from bank accounts to participating retail digital wallets, using existing Swift payment messages and correspondent banking infrastructure.
US banks have been given the green light to pursue a class action lawsuit against Apple over historical fees paid for access to the firm's mobile wallet.
Watch more: What’s Next in Payments With Spreedly’s Adam Hiatt Artificial intelligence’s near-term payments value may come less from autonomous checkout than from making the payment stack itself more intelligent and machine-readable. “There’s a ton of payments optimization potential in these payments rails, particularl
Education has always been slow to change. The basic structure of the classroom, a teacher at the front, students in rows, a fixed curriculum delivered on a fixed schedule, has survived every wave of technology that promised to transform it. AI is different. Not because it is more powerful than what came before, but bec
Consumer packaged goods (CPG) brands have identified a checkout capability they want. The spending to build it has yet to follow. Fifty two percent of CPG brands and manufacturers say an embedded, automatic smart tool at checkout would most improve their promotional capabilities, according to a new PYMNTS Intelligence
Amazon spent decades building a machine designed to make consumers come back constantly. Walmart has had one all along. It’s called grocery. Food and beverages now account for roughly 60% of Walmart’s retail business. Findings in the September 2026 edition of the Share of Wallet: Amazon vs. Walmart report from PYMNTS I
Revolut has received the regulatory go-ahead to acquire small Argentinian lender Banco Cetelem from BNP Paribas.
New York City has found a new use for the tap card: opening a public toilet. The city is installing 17 modular bathrooms across its five boroughs. Visitors can unlock a door with a text message, QR code, app or card. The bathrooms are free, which may come as a relief to anyone who has ever bought […] The post New
Costco’s third-party same-day delivery offering is helping draw younger customers to the retailer, CEO Ron Vachris said Thursday (Sept. 24) during the company’s quarterly earnings call. Costco highlighted its expansion of third-party same-day delivery channels in the United States in a presentation released Thursday, s
Walmart plans to continue adding ways to make health and wellness products and services affordable and convenient for customers, the retailer said in a Monday (Sept. 21) press release marking the 20th anniversary of its $4 generic prescription program. “Over the past 20 years, the $4 generic program is estimated to hav
https://www.samsung.com/us/Oura is preparing to launch an initial public offering (IPO) on Nasdaq next week with a pitch that reaches past the smart ring it is known for. The company has spent the past year turning the sleep, heart rate, temperature and stress signals its rings collect into personalized health guidance
Watch more: The Agentic Experience With Mastercard’s Sabrina Therani Agentic commerce is becoming an infrastructure race. The biggest agentic constraint today is not whether AI can shop but whether the systems surrounding that AI can determine what an agent is allowed to do, who is responsible when something goes wrong
Fraud budgets are moving in two different directions. Fifty-one percent of global eCommerce merchants expect spending on fraud-management staff to remain flat or decline, while 63% plan to increase investment in fraud-management technology. The numbers frame fraud orchestration as an operating-efficiency question as we
AI can produce a first draft. Someone still has to make the finished work worth paying for. The September 2026 edition of The Wage to Wallet Index is a collaboration between PYMNTS Intelligence and WorkWhile. Digital freelancers are navigating a change in what clients want. Some buyers use AI to complete work themselve
Revolut is moving ahead with the completion of its acquisition of Argentine bank Banco Cetelem Argentina S.A. after receiving approval from the Central Bank of Argentina, the company said in a Thursday (Sept. 24) press release. Revolut is acquiring the bank from BNP Paribas Personal Finance and is building its local op
The oldest tension in B2B payments is becoming one of its newest business models. A dollar cannot simultaneously stay longer on the buyer’s balance sheet and arrive earlier on the supplier’s balance sheet unless somebody finances the interval. And while the modernization of B2B payments is well underway, with checks st