Visa, Mastercard Settlement Unlikely to be Approved
Visa and Mastercard agreed to a $30 billion settlement with merchants in March, but a judge has indicated she won’t...
Deepfake AI Threat Can Go Far Beyond Financial Losses
Most financial institutions haven’t invested in identity verification programs that root out deepfake AI fraud. Though fraudsters could use the...
eBay to Accept Venmo in Play for Younger Demographic
Online marketplace eBay will now accept payments from Venmo, the second most popular U.S. payments platform, in a strategic move...
Apple Pay to Add BNPL, Windows, and Chrome Support
In its upcoming fall iOS update, Apple will add buy now, pay later services to Apple Pay and Apple Wallet....
Mastercard to End Manual Card Data Entry in EU by 2030
By 2030, Mastercard plans to phase out the manual entry of card information in European e-commerce transactions. Digital buyers who...
Affirm’s New BNPL Options Coincide with Payday
Affirm announced its newest buy now, pay later (BNPL) options, giving consumers more flexibility in how they pay for their...
Lack of Standardization Could Delay Widespread Tokenization
Industry executives have raised concerns that the widespread tokenization of assets might take longer than expected. Tokenization, the process of...
eBay to End American Express Payments Over Interchange Fees
Online marketplace eBay announced it will no longer support American Express card payments due to their high transaction fees. eBay...
Criminals Impersonating Top Brands Cost Consumers Millions, Says FTC
Criminals are increasingly impersonating retailers to scam consumers out of money. According to the Federal Trade Commission, Best Buy, Amazon,...
Deutsche Bank-Bitpanda Partnership Is a Win for Crypto
Deutsche Bank, the largest financial institution in Germany, announced it will process the deposits and withdrawals for Austrian cryptocurrency broker...
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