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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...
JPMorgan prospers on payments | Payments Dive
JPMorgan Chase, the biggest U.S. bank, is benefiting from its increasingly lucrative sale of payments services on the commercial bank...
Mastercard Nears Zerohash Acquisition to Expand In Stablecoins
In what could be a blockbuster acquisition, Mastercard is reportedly closing in on a deal to acquire Zerohash. Zerohash provides...
Fiserv CEO orders major changes
Dive Brief: Fiserv Chief Executive Mike Lyons announced “a critical and necessary reset” for the payments giant on Wednesday, with...
PayPal, OpenAI Team Up for Agentic Shopping
In a step forward for agentic commerce, PayPal has signed a deal with OpenAI to embed its digital wallet into...
PayPal, Mastercard advance agentic strategy
Dive Brief: The digital payments company PayPal Holdings and card network Mastercard are building on their longtime ties to advance...
Credit Card Usage in India Has Increased, Debit Card Use Declines
Over a five-year period, the number of credit card transactions in India has doubled, while the total value of those...