Visa denies DOJ debit card allegations
The largest card network said it doesn’t have a monopoly in the debit card market and that its agreements don’t pay others to avoid competing.
https://www.paymentsdive.com/news/visa-denies-doj-debit-card-allegations-networks-consumers/756534/
EWS schools Zelle users on fraud
The company has locked arms with a national nonprofit to educate consumers about fraud and scams on the peer-to-peer payments tool.
https://www.paymentsdive.com/news/ews-early-warning-services-zelle-payments-fraud-scams/756417/
Payroc scoops up another peer
The suburban Chicago payments processor nabbed payments orchestration firm BlueSnap as the latest purchase in its acquisition streak.
https://www.paymentsdive.com/news/payroc-scoops-up-another-peer/756587/
Secured cards find new niche in earned wage access
Direct-to-consumer earned wage access provider EarnIn is rolling out Live Pay, a finance product that "streams" consumers' earned wages using constructs typically found with secured credit cards.
https://www.americanbanker.com/payments/news/secured-cards-find-new-niche-in-earned-wage-access
Ramp raises $500M to rush #AI
The fintech has amassed $700 million in funding over two months as it tries to capitalize on corporate finance’s adoption of artificial intelligence.
https://www.paymentsdive.com/news/ramp-raises-500m-to-rush-ai/756360/
Block takes aim at Google, Apple
The company’s new Cash App group payments feature lets users pool money with transfers from Apple Pay and Google Pay. That could allow it to poach customers from the rivals.
https://www.paymentsdive.com/news/block-cash-app-pooled-payments-google-apple/756301/
Wise shareholders vote to move primary listing to US
One of the money transfer company’s co-founders criticized the stock listing move to New York from London.
A2A payments are picking up. What banks need to know
Stand-alone A2A consumer spending at merchants grew 13% to $834 billion in 2024, according to a report from Datos Insights.
https://www.americanbanker.com/payments/news/a2a-payments-show-promise-for-consumer-spending
PayPal embarks on $300M restructuring
The digital payments company has begun to log expenses for a “large-scale initiative” to overhaul its technology infrastructure, including job cuts.
https://www.paymentsdive.com/news/paypal-embarks-on-300m-restructuring/756453/
Mastercard boosts 2025 outlook, betting on consumer strength
Mastercard is feeling optimistic about the year ahead as the card network comes off a strong quarter that beat Wall Street's consensus.
https://www.americanbanker.com/payments/news/mastercard-beats-on-earnings-revenue-in-q2
Meet Stéphanie Riso, the EU’s budget brain and ‘toughest cookie’ – POLITICO
A French Commission veteran with scars from the eurozone crisis, Brexit and the EU’s pandemic recovery, Riso has…
#Europe #brexit #Budget #CélineGauer #crisis #diplomacy #DonaldTusk #FARMERS #negotiations #Payments #PiotrSerafin #StéphanieRiso #UrsulavonderLeyen #war
https://www.europesays.com/2292547/
Lithuanian PM resigns amid probe into business dealings – POLITICO https://www.byteseu.com/1246175/ #Baltics #DemocraticParty #Elections #FinancialCrime/fraud #GitanasNauseda #Lithuania #Parliament #Payments #SauliusSkvernelis #SocialAffairs
Japan’s Defense Force and Shipbuilders Colluded in Fraud Payments and Gifts
Japan’s Ministry of Defense issued a final report detailing a more than 40-year scheme in which the country’s shipbuilders collected fraudulent payments that funded equipment used on the country’s submarines and gifts to mem…
#Japan #JP #JapanNews #defense #fraud #gifts #news #Payments #shipbuilders #submarines
https://www.alojapan.com/1335522/japans-defense-force-and-shipbuilders-colluded-in-fraud-payments-and-gifts/
https://www.alojapan.com/1335522/japans-defense-force-and-shipbuilders-colluded-in-fraud-payments-and-gifts/ Japan’s Defense Force and Shipbuilders Colluded in Fraud Payments and Gifts #defense #fraud #gifts #Japan #JapanNews #news #Payments #shipbuilders #submarines Japan’s Ministry of Defense issued a final report detailing a more than 40-year scheme in which the country’s shipbuilders collected fraudulent payments that funded equipment used on the country’s submarines and gifts to members of the Maritime Self-Defense Force. The Ministry apo
Germany’s budget woes set to return, finance minister warns – POLITICO https://www.byteseu.com/1244266/ #austerity #Budget #Debt #Defense #Elections #Finance #FriedrichMerz #Germany #Growth #INFRASTRUCTURE #InterestRates #OlafScholz #Payments #pensions #Policy
Clearpool Expands to Payments Financing, Debuts Stablecoin Yield Token - Clearpool, a decentralized credit marketplace, unveiled a suite of products to fin... - https://www.coindesk.com/tech/2025/07/31/clearpool-expands-to-payments-financing-debuts-stablecoin-yield-token #stablecoin #clearpool #payments #credit #tech #news
Visa CEO McInerney expands on the company's #Stablecoin strategy
Visa has been testing stablecoins on Visa Direct, its instant #Payments scheme and remittance platform, and specifically looking at cross-border transactions where the settlement still has a delay.
https://www.americanbanker.com/payments/news/visa-beats-estimates-on-revenue-misses-on-earnings
Capital One delivers few details on $265B community plan
A year after touting a community investment proposal as part of an effort to acquire Discover Financial, the card issuer has yet to lay out program specifics
Bilt’s new cards expand options
The points-for-rent loyalty company is retooling its credit card lineup and terms with a new partner, Cardless, and moving into more areas of housing payments.
Splitit pivots customer strategy
The #BNPL player will rely less on partnering with individual merchants thanks to a partnership with Samsung’s digital wallet.
https://www.paymentsdive.com/news/splitit-bnpl-payments-customer-strategy/754167/
