Early Warning Services LLC, which operates the Zelle peer-to-peer payment network, announced early Friday it has appointed Cameron Fowler as chief executive, effective October 2, 2023. Fowler replaces Albert Ko, who left the company in May to become CEO of Auctane, which provides shipping software and operates such brands as …

Debit card networks are gearing up for an expected flood of new online transactions in the wake of a Federal Reserve rule clarification that took effect more than a month ago to require that issuers enable network choice for online as well as in-person transactions. The latest example emerged late …

Marqeta Inc. late on Tuesday announced it will continue processing transactions for Block Inc.’s Cash App card product for another four years under a new agreement between the companies. The renewal will see San Francisco-based Block using Marqeta’s issuing platform through June 2027. The announcement comes days after Block reported …

As account-to-account payments raise their profile in the payments arena, Dwolla Inc. has launched Dwolla Connect to enable businesses to integrate the payments into their apps and connect with existing cash-management systems. One of its chief utilities is enabling a centralized location for payment information. Announced Tuesday, Dwolla Connect provides …

Card skimming remains a vexing problem in the United States, with the number of reported incidents increasing 20% during the first half of 2023 compared to the same period in 2022, according to the credit-data firm FICO. More concerning, however, is that the number of cards compromised as a result …

Fintech iWallet, whose technology lets repair personnel and other field-service providers process checks on a smart phone, said it is seeing growth among small businesses such as those in the plumbing, appliance-repair, electrical, and HVAC fields. Financial-technology provider Ascend will provide its billing-technology platform to process transactions for NFP, a property and casualty …

The Digital Dollar Project announced benefits such as reduced cost and risk from a recent pilot of a retail central bank digital currency for cross-border transactions. The DDP ran the project in the Philippines in partnership with The Western Union Co., supported by the consulting firm Accenture. Digital-currency platform Circle Internet Financial Inc. launched the …

FedNow, the Federal Reserve’s real-time payments platform, was supposed to start up toward the end of last month. It’s been eagerly awaited by the U.S. payments industry and will add to the rarefied ranks of instant-payments services for businesses and consumers. But what can we expect when the rollout’s hullaballoo …

The top brass at fast-growing payments processor Shift4 Payments Inc. indicated early Thursday the company is banking on sophisticated platforms like its SkyTab point-of-sale system in the face of rivals’ efforts to hit hotels and restaurants with additional fees. The Allentown, Pa.-based company is also looking to expansion in Europe …

As FIS Inc. prepares to dispose of a majority interest in its merchant-acquiring unit, the big processor confronts other key questions regarding potentially favorable developments in the payments business. Still, its top brass proved reluctant early Wednesday to discuss those questions, one of which touched on opportunities the proposed Credit …