PaymentsDive

Shareholders angry over the stock's decline are alleging fraud with a complaint that has no merit, the payment processor said in its response.

States are taking a larger role to regulate emerging payments offerings, like earned wage access and buy now, pay later. How will that unfold? Here is the perspective of one lawyer who worked for California state government.

The payments processor sees a large opportunity to expand merchant services sales within its Global Blue retail network, CEO Taylor Lauber said.

If enacted, the new law would provide a federal framework for how to round cash retail transactions as pennies grow scarce.

Stripe, Visa, Wise and industry trade groups back the Federal Reserve's plan to expand its instant payment system for cross-border use.

The card network will argue that the DOJ's view of the debit card market is too narrow, legal experts predicted as the case heads toward trial.

Nacha attributes the growth to financial firms' increasing demand for faster payments.

"Supervision will need to answer practical questions: what operational resilience should be required before a participant touches core payment infrastructure?" wonders an SRM industry consultant.

The company received FDIC approval in its quest to create a bank that moves beyond the legacy approach to settlements.

The payments processor said a slowdown in the merchant service unit's hardware sale is negatively impacting results.