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Paystand acquires Bitwage | Payments Dive
Dive Brief: Paystand, the business-to-business payments company, has acquired Bitwage, the cross-border, stablecoin-supported payments provider, for an undisclosed sum, according...
PayPal Brings BNPL to Canada as Holidays Approach
As more consumers feel the impact of holiday spending on their budgets, PayPal is launching its buy now, pay later...
Visa, Mastercard reach legal pact with merchants
Visa and Mastercard have agreed to end their longstanding “honor all cards” rule and temporarily lower interchange fees as part...
Massachusetts Updates Money Transmission Laws
Massachusetts is the latest state to update its money transmission laws—a move welcomed not just by consumers but also by...
Shift4 founder to keep stake
Shift4 Payments’ founder and executive chairman, Jared Isaacman, intends to retain his company ownership stake in the payments processor even...
Fannie Mae to Drop Minimum Credit Score for Homebuyers
Fannie Mae is lowering its minimum 620 middle credit score requirement for purchases and refinance loans—a move that could broaden...
Amazon sues Perplexity over AI shopping agents
Dive Brief: Amazon sued Perplexity in U.S. District Court for Northern California on Tuesday to stop the AI company’s Comet...
EU Institutions Challenge the Merits of the Digital Euro
The digital euro has faced a difficult path to fruition, with many of Europe’s leading financial institutions questioning whether a...
Global Payments leans into Genius
Dive Brief: Global Payments is leaning into its rollout of the Genius brand worldwide to increase its payments volume and...
Experian Adds Rental Payments to Its UK Credit Scores
Experian is rolling out a new version of its credit scoring model in the UK that, for the first time,...
Executive Shuffle: Fiserv, Mastercard and DailyPay
Big payments players and emerging rivals made executive hires this month with some naming new CEOs and others aiming to...
Inflation Will Put a Dent in Holiday Shopping This Year
Consumers are expected spend more on holiday shopping this year—as usual—but much of that apparent gain will be offset by...