Browsing: PaymentsSource

Early Warning Services’ payments app Zelle logged more than $1 trillion in payments sent by users in 2024, according to its first-ever release of usage data. The…

Bess Adler/Bloomberg News A day after The Clearing House raised the transaction size limit on its real-time payments network from $1 million to $10 million, The…

Elon Musk, left, and Frank BisignanoBloomberg One of Elon Musk’s first business opportunities was an offer for his X.com startup to become a full-fledged bank. He said…

Nathan Laine/Photographer: Nathan Laine/Bloom A federal judge on Friday night prevented President Donald Trump’s government cost-cutting unit from accessing Treasury payment systems for at least a…

Buy now/pay later lender Affirm is leaning into 0% promotional financing offers and its debit card program to drive growth as the company marches toward its…

Elon Musk’s social network X completed a key step in becoming an “everything” app last week with its partnership with Visa, which will allow users to…

Tiffany Hagler-Geard/Bloomberg The Crypto.com exchange has suspended purchases of several cryptocurrencies in the European Union as it works to follow stricter regulations for digital assets. The…

UPDATE: This article includes executive and analyst commentary. Visa’s diversification strategy includes a push to gain a larger share of business with large technology companies, a…

Bread Financial’s earnings fell short of Wall Street’s expectations, though its leadership is optimistic consumer strength will improve financial performance. One major complication is unpredictable politics…

Chip Somodevilla/Bloomberg While President Donald Trump’s broad push for cryptocurrency has given stablecoin issuers reason to believe a payments market is on the way, a new…