The steady development of the cryptocurrency industry worldwide and domestically has led the executive branch of the federal government to lay the groundwork for regulation of these assets. The move, embodied in an executive order signed Wednesday by President Joe Biden, has drawn applause from some payments trade groups, though …

Consumers accustomed to the PayPal and Venmo digital wallets from PayPal Holdings Inc. can now deploy them to make federal tax payments when using the ACI Payments Inc. service. Announced Tuesday by parent company ACI Worldwide Inc., the service adds another digital tax payment option. And ACI Payments, which ACI …

Despite the economy reopening after the disruptions caused by the Covid-19 pandemic, e-commerce continues to boom as consumers embrace shopping online from home or via their mobile device.  A recent study from FIS Inc. reveals that e-commerce transaction values in the United States grew 10% in 2021 compared to 2020, …

Open banking, single-click checkout wallets, and the hot buy now, pay later trend will all help drive e-commerce volume worldwide in the coming five years, predicts Juniper Research in a report released Monday. This momentum is likely to push online sales long after the short-term impetus from the pandemic subsides, …

You don’t have to look up in the sky to spot a super app. They’re starting to pop up in consumers’ phones everywhere. Here’s why—and why that’s so important. Most consumers don’t go to bed at night pining away for a new mobile app. They don’t likely request an investment …

The share of payments claimed by the automated clearing house rose faster in 2020 than the share for cards, while checks dropped markedly. All the while, the share of payments claimed by cards, which had been steadily on the rise for years, flattened out. And while contactless transactions did rise …

The word “block” may have a number of meanings, but for Square Inc. it could mean a stronger emphasis on blockchain. That’s how some observers interpret the company’s announcement Wednesday afternoon that it is changing its name effective Dec. 10 to Block Inc., a dozen years after its founding as …

Real-time payments have proven value for many payment needs. Now, experts are looking at mining the potential for real time at the point of sale. The technology to enable real-time payments at the point of sale is available today. But many questions remain: Are consumers ready? Are merchants ready? Is …

Debit cards have become the preferred payment method among Millennials and Gen Zers for online purchases and for use in digital wallets. A recent Carat Insights Report from Fiserv Inc. reveals that 59% of Millennials and Gen Zers use debit online because they prefer the financial control debit cards provide …

Regulatory changes in its European market have hammered Paysafe Ltd.’s digital wallets, chopping the company’s quarter-to-quarter payments volume and revenue and forcing its top executives to spend a good deal of time Thursday morning explaining the impact to stock analysts. “We are facing challenges in our digital-wallet business. It’s performing …