Browsing: PaymentsSource

Key insights: Klarna has issued a stablecoin and extended its gift card scale.  What’s at stake: The Swedish financial institution is looking to build a market in…

Key insight: U.S. Bank’s stablecoin pilot is part of a broader trend in which banks are moving toward tokenized settlement.Supporting data: Stellar supports about 1,000 transactions…

Key insights: Diebold Nixdorf has updated its ATM technology following its 2023 bankruptcy.What’s at stake: As cash usage wanes, ATM makers need to serve other needs. Forward…

Key insights: U.S. Bank launched the Split card, a Mastercard that turns purchases into three-month installment plans.What’s at stake: Buy now/pay later is gaining a larger…

Key insights: Lloyds Banking finalized its controversial acquisition of Curve, a London-based digital wallet provider.What’s at stake: Apple has opened its mobile payments technology, creating room…

Key insights: Klarna beat analysts expectations on revenue but missed on loss estimates. What’s at stake: Third quarter earnings marks Klarna’s first earnings report since going public…

Key insights: BNY and Standard Chartered are both predicting digital assets will play a major role in payments and finance in the short term. What’s at stake:…

Key insight: ICBA says Bridge’s stablecoin plan violates historic scope of the trust charter.Supporting data: The industry group cites deposit-like business plans and the lack of…

Key insights: Block is updating Cash App’s menu to draw more consumers into its ecosystem, hoping they will use it as their primary banking relationship.What’s at…

Key insights: Debit card rewards programs are becoming more popular nearly 15 years after the Durbin amendment capped debit card interchange fees. What’s at stake: Airlines and…