Browsing: PaymentsSource

Patrick T. Fallon/Bloomberg U.S. payment companies have long had difficulty establishing their business in China because of logistical and regulatory hurdles, a challenge American Express is…

Jakub Porzycki/NurPhoto/Photographer: Jakub Porzycki/Nur Block is unifying its Afterpay, Cash App and Square units as part of a broader expansion strategy  that it projects will show…

Enjoy complimentary access to top ideas and insights — selected by our editors. Chris Ratcliffe/Bloomberg UPDATE: This article includes comments from Zelle. JPMorgan Chase is taking…

Consumers today have become accustomed to speed: Amazon allows one-click purchases that arrive no more than two business days later; Uber provides taxi services with payments…

Cameron Bready, CEO of Global Payments Global Payments contends its restructuring is showing signs of progress, but noted the benefits will become more apparent in the…

Jean Claude Coutausse/Bloomberg News The Trump administration’s pressure on Cuba has led Western Union to discontinue its payment services in the country. Secretary of State Marco Rubio…

Buy now/pay later lender Affirm and global fintech FIS are gearing up to offer pay-over-time financing to debit cards in a move that is poised to…

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…