UK Court Paves the Way for Lower Interchange Fees
A court in the United Kingdom has ruled in favor of bringing down what it has termed excessively high fees...
The Hottest Area for Digital Payments? Latin America
Spearheaded by Brazil’s Pix, Latin America has become a global leader in digital payments. According to a new study from...
Klarna Moves into UK Open Banking
Klarna’s entry into the UK’s open banking arena should be seen as an evolutionary move. For a decade now, the...
Consumers Brace for Credit Problems, Have Little Patience With Poor Service
More than half of young Americans expect to face financial hurdles this year, with credit card debt being the foremost...
Money Pours Into Crypto, but for How Long?
Investors poured a record $2.7 billion into crypto assets last week, bringing the year’s total inflows to more than $10...
How Young Consumers Are Transforming Buy Now, Pay Later
A growing number of younger consumers are choosing buy, now pay later services to make purchases across various categories, including...
The Promise of Generative AI May Be Further Off—and Less Visible—Than Many People Think
For the past year, generative AI has dominated discussions about how emerging technology stands to transform our lives, and the...
Making Payments in China Just Got Easier for Foreign Visitors
The payments landscape in China continues to loosen up, with news that foreign visitors can now spend up to $2,000 a...
FedNow’s Slow Rollout Is Not a Matter of Concern
Fewer than 500 banks out of the roughly 4,000 U.S. banks are making use of the Federal Reserve’s instant payment...
What’s Driving the Drop in Credit Scores
Despite a rebounding economy, the average U.S. consumer credit score has dropped for the first time in a decade. The...
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