March 21, 2024
Banks Advocate Digital Payments as Defense Against Check Fraud

Despite the growing adoption of digital payment solutions worldwide, financial institutions (FIs) continue to process billions of checks each year, setting the stage for a growing trend: check fraud. Last...

March 21, 2024
Chinese President Xi Jinping to Meet CEOs, Seek Foreign Investment

Chinese President Xi Jinping is reportedly set to meet with a group of U.S. business leaders next week in Beijing, seeking to attract American firms amidst a decline in foreign...

March 21, 2024
Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings

Online betting firm Rush Street Interactive is reportedly considering a sale, among other strategic options. The company’s representatives have approached potential buyers, Bloomberg reported Thursday (March 21), citing unnamed sources. Rush Street Interactive did...

March 21, 2024
Microsoft Launches AI-Optimized Devices for Business Users

Microsoft has announced the launch of two new devices designed exclusively for business users: the Surface Pro 10 for Business and the Surface Laptop 6 for Business. These devices are...

March 21, 2024
Coast Raises $92 Million to Improve Fleet Management Payments

Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight...

March 21, 2024
Biden Cancels $5.6 Billion in Student Loans for Public Service...

The White House is canceling nearly $6 billion in student loans for public service workers. The cancellation, announced Thursday (March 21), applies to 78,000 teachers, nurses, firefighters and other public sector employees. “These public...

March 21, 2024
Can Payments Innovations Solve U.S. Merchants’ Top 5 Cross-Border Challenges?

With Wednesday’s (March 20) announcement about Visa’s expanded partnership with LemFi, the focus is on cross-border payments. The cross-border payments landscape itself is a dynamic and fragmented one, full of unique local frictions that...

March 21, 2024
DOJ and Multiple States Sue Apple, Accusing Monopolistic Behavior

The US Justice Department, along with over a dozen states, has initiated a groundbreaking antitrust lawsuit against tech giant Apple. The lawsuit, filed on Thursday, alleges that Apple has unlawfully...

March 21, 2024
Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and...

Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still...