Browsing: PaymentsSource

Key insights: PayPal has expanded its U.S.-focused Venmo P2P app to a global audience. What’s at stake: The payment company is trying to recover from a…

Key insights: Some of the country’s largest financial institutions are rolling out stablecoins, and with the right strategy, community and mid-tier banks can also reap the…

Piermont Bank in New York City has created a new executive role focused on payments and it’s hired Dennis Day to lead the development of its…

Key insights: While AI is seen as a threat to jobs, there’s also opportunity, according to payment leaders who spoke at ETA’s Transact conference. Expert quote: “Feeling…

Key insight: Two recent reports come to very different conclusions as to the feasibility of public blockchains for finance; the differences matter for global stablecoin adoption.What’s…

Key insights: Mastercard agreed to acquire stablecoin tech firm BVNK for $1.8 billion. What’s at stake: Banks and payment companies are building strategies for stablecoins, providing potential…

Key insights: Chargebacks are on the risk and are on pace to reach 359 million in the next three years. What’s at stake: U.S. banks lose billions…

Key insights: PayPal’s size and digital-payments model makes it a target for digital crooks.What’s at stake: The firm is adding AI and collaborating with law enforcement…

Key insight: Zelle, with Bank of America, has added charitable disbursements as a new use case for its seldom-mentioned disbursement business. What’s at stake: The bank-owned instant…

Key insights: Mastercard has expanded its use of agentic commerce and has recruited cryptocurrency firms for an advisory council. What’s at stake: Payment firms and banks are…