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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...