Processor Stripe Inc. launched the Stripe Corporate Card, a Visa credit card that can be branded with the merchant’s logo. New merchants can get a card when they sign up for a Stripe account. In addition to 2% and 1% cash-back rewards, the card also offers $50,000 in free payment processing …

Now that the Fed’s so-called public option is no longer a matter of speculation, the race is on to dominate a crucial payments market. But in real-time transactions, will the race go to the swift? After 10 months of playing it coy, the Federal Reserve early last month finally jumped …

With fintechs nipping at their heels, the payment card networks are buying up companies big and small in a range of industries. How far will the networks venture beyond their core business—and at what price? Mergers and acquisitions tend to come in fits and starts, and lately M&A activity involving …

CannaTrac Technology Inc., a cashless payment provider to the cannabis industry under the CannaCard brand, announced a letter of intent with an unnamed cannabidiol distributor to create an online-payment service using the CannaCard platform. CannaTrac said the distributor’s clients currently generate $80 million in annual revenue and will use CannaCard …

Fidelity National Information Services Inc. (FIS) said it has closed on its $43-billion cash-and-stock acquisition of processor Worldpay Inc. The deal was announced in March. Wednesday’s announcement follows approval of the merger by Worldpay shareholders last week and by the Federal Trade Commission in April.Apple Inc. CEO Tim Cook reported the Apple Pay mobile-payments service is now completing nearly …

Microsoft Corp. will stop supporting its Windows 7 operating system next January, and that’s set off the latest dash by ATM deployers to convert to the next OS while there’s still time. For most deployers, that’s Windows 10, but some might be in a better position to meet the deadline …

(Editor’s Note: Part I of this two-part article appeared on Friday.) How can we in the payments business best mirror our services to fit the changing needs of a growing, global consumer base? One way is to focus on the consumer throughout the entire payment process. Almost 50% of consumers …

For banks, introducing real-time bill pay is not enough. They must also spruce up the online and mobile experience. Some are starting to, but can they finally leave the biller-direct model in the dust? It’s been a long, steady retreat for banks in online bill payment. Since 2010, banks’ share …

While legislators and regulators focused much of their attention on the Facebook-backed Libra cryptocurrency this week, tariffs on Chinese-made goods re-emerged in Washington as a threat that could raise prices for merchants and merchant acquirers. The Electronic Transactions Association payments trade group filed comments with the Office of the United States …

The Facebook-led announcement of the Libra cryptocurrency is evoking blowback both in the United States and overseas. House Financial Services Committee chairwoman Maxine Waters (D-Calif.) called for Facebook to halt the planned launch of Libra until Congress has had a chance to hold hearings on the cryptocurrency. Elsewhere, the governor …