A shopper who reaches checkout has already selected what to buy. For tens of millions of consumers, however, the available ways to pay can still determine whether the purchase happens. PYMNTS Intelligence’s “The Hidden Cost of Checkout Gaps: What 56 Million Abandoned Carts Mean for...
Consumer artificial intelligence (AI) agents are getting the keys to inboxes, browsers and payment accounts. Meta’s Muse, launched Sept. 8, can send emails, fill out forms and pay at checkout through Stripe’s Link, PYMNTS reported. Three weeks later, OpenAI introduced “dots,” AI agents which run...
A financial market that trades around the clock can’t wait until the next banking day to settle. A business selling digital services overseas has a different problem: the product can cross the border more easily than the payment. Both issues surfaced last week at the...
Standard Chartered and HSBC have completed the first interbank transaction executed on Swift’s blockchain-based ledger, Standard Chartered said in a Wednesday (Aug. 19) press release. This live cross-border transaction demonstrated interbank operability and helped advance industry progress on 24/7 cross-border payments, according to the release. By doing so, it marked...
October 13, 2026
Watch more: Need to Know with Splitit’s Nandan Sheth In 1949, a businessman named Frank McNamara finished dinner at a New York restaurant and realized he’d left his wallet at home. The story may be part legend, but the product it inspired was real. Diners Club gave members a card to use all month and […]
October 07, 2026
A shopper who reaches checkout has already selected what to buy. For tens of millions of consumers, however, the available ways to pay can still determine whether the purchase happens....
July 28, 2026
Wire payments are starting to look less like back-office plumbing and more like a competitive tool for banks. That shift anchors “Rewiring Wires: Modernizing CHIPS and Fedwire for a New...
June 09, 2026
The title of Tuesday’s House Financial Services Oversight and Investigations Subcommittee hearing pointed toward Chinese money laundering networks and cartel financing. But witness testimony and lawmaker exchanges centered on a...
August 21, 2026
Standard Chartered and HSBC have completed the first interbank transaction executed on Swift’s blockchain-based ledger, Standard Chartered said in a Wednesday (Aug. 19) press release. This live cross-border transaction demonstrated interbank operability and helped advance industry progress on 24/7 cross-border payments, according to the release. By doing so, it marked a milestone in the use of tokenized deposits by regulated […]
August 19, 2026
With stablecoins increasingly moving through existing payment networks, many merchants don’t know they are receiving stablecoin payments, Rain CEO Farooq Malik told The Block, according to a report posted Wednesday (Aug. 19). Rain facilitates stablecoin payments that...
August 18, 2026
Klarna is getting consumers to use it for more than pay-in-four, but the second quarter also showed what happens to transaction growth when discretionary spending slows in a major market....
August 17, 2026
Blockchain-powered bank N3XT has secured approval from Wyoming regulators to let customers use its digital token to transact with foreign counterparties, Bloomberg reported Monday (Aug. 17), citing its interview with N3XT Founder Scott Shay. This...
