DailyPay Inc., a provider of technology for the fast-growing earned-wage access market, said early Thursday it will add a savings feature to its new DailyPay Visa prepaid card. The goal is to let users put aside earnings as they receive them, the New York City-based company says. The company says …

Chase emailed its cardholders Friday that it will soon offer Paze, a new online checkout service from Early Warning Services LLC, and that eligible Chase credit and debit cards will be linked to Paze. The bank will notify cardholders when Paze is ready for use. Chase also provided the option to opt …

American Express Co. said fintech Knot is testing a new feature that enables select AmEx cardholders to add their payment information at participating merchants, including Bloomingdale’s, Hilton, and Macy’s. With Knot, AmEx can enable its customers to update card-on-file information instantly, AmEx said, using Knot’s CardSwitcher technology and proprietary AmEx tech. …

FIS Inc. said it will make a peer-to-peer payment service from Neural Payments available to its banking customers. The white-label product enables bank customers to transfer money from their accounts to anyone, regardless of weather the recipient’s financial institution uses Neural Payments and without the need to download a third-party app …

When Bruce Lowthers took over a struggling Paysafe Ltd. two years ago, he immediately plunged into what he noted then was a wide-ranging reclamation project. On Tuesday, he called out some progress but also offered a blunt update on his transformation efforts. “We have the right strategy and our execution …

Mastercard Inc.’s chief executive early Wednesday deplored the recent collapse of a key interchange settlement and highlighted the card company’s rapid progress in tokenization, a key technology that masks actual card data from potential cyberthieves. Pointing to a U.S. District Court judge’s rejection last month of an agreement between merchants and …

Barely more than a year after the Federal Reserve launched its FedNow platform, banks and service providers are finding ways to bring real-time payment capability to niche businesses. The latest example emerged early Tuesday with an announcement that Cross River Bank, a technology-oriented financial institution, is working with payments platform …

Companies that can make immediate worker payouts are poised to outcompete those that can’t. Personalization in banking and financial management is critical. Today, customers have high expectations for a cohesive financial experience, and the banks and companies that refuse to adapt will certainly be left behind. According to a survey …

In the Visa Flexible Credential, has the payments industry found its ultimately secure identity solution? New ways to use technology, changing consumer preferences, and comfort with digital payments may all be fostering the first steps toward a digital-payment identity. But is it time for a digital-payment identity? Visa must think …

As the Federal Reserve’s real-time payments network celebrates its first birthday, the payments industry takes stock of its impact on instant transfers. Launched with great fanfare in July 2023, the widely and long-anticipated FedNow has largely enjoyed a successful first year. One area where the network has excelled is in …