Card issuers are under pressure to make their card programs do more than process transactions. Consumers expect cards to work instantly, safely and everywhere, whether the card is physical, virtual or loaded into a digital wallet. At the same time, issuers are trying to deepen...
Watch more: Monday Conversation With Mastercard’s Sherri Haymond For nearly 60 years, Mastercard has answered one question over and over. How do you get two parties who’ve never met to trust each other enough to do business? The answer was a card, a network, a...
Millennials are moving through their prime earning, spending and household-forming years with unusual economic weight. More than 74 million strong, millennials already account for nearly 3 in 10 consumer-spending dollars in the United States, and that share is projected to reach one-third by 2035. They...
Revolut has enabled Visa Click to Pay for eligible Visa cardholders, making the feature available to its more than 13 million customers in the United Kingdom and 40 million across Europe. The company will also make Click to Pay available for merchants in the U.K....
Visa announced new artificial intelligence (AI), stablecoin and token initiatives Wednesday (June 10). While unveiling these initiatives at Visa Payments Forum 2026, the company said they are designed to help clients unlock a new generation of commerce that is fast, automated and intelligent, it said in...
Mastercard has launched a service that enables a new class of payments by allowing artificial intelligence agents to complete transactions among themselves. The new Agent Pay for Machines builds on Mastercard’s Agent Pay program by adding capabilities for high-frequency, low-latency, low-value payments executed by agents...
Cash App says several new retailers now offer its payment products at checkout. The new integrations with Afterpay and Cash App Pay are designed to give shoppers greater flexibility, the Block-owned company announced in a news release Monday (June 8). “More brands, more flexibility, more ways for customers...
For decades, wire payments operated largely behind the scenes, serving as the dependable infrastructure supporting high-value transactions across the financial system. Today, that infrastructure is being asked to do far more than simply move money. According to a new PYMNTS Intelligence and Volante report, financial...
Backbase is integrating Mastercard’s money movement service Mastercard Move into its banking operating system (OS). This collaboration, announced Monday (June 8), is designed to help financial institutions adopt near real-time cross-border payments. “The Backbase ecosystem extends the AI-native banking OS with best-of-breed capabilities across payments,...