Justin Bachman

A court official appointed for the swipe fee settlement is working through about 40,000 merchant claims issues, based on a quarterly update.

Buy now, pay later financing impacts consumer prices as merchants pass along processing costs, a consumer advocate report asserts.

“Regulation should preserve confidence in the system, but it should not inhibit responsible innovation,” writes one financial services lawyer.

A settlement over swipe fees could mark a major shift for retail payments as merchants embrace surcharges on high-end cards.

Business-to-business card company Pex said Tuesday it raised $160 million in debt and equity financing from a private equity firm to help expand its commer

The greenback will retain its dominance as stablecoins increasingly shape cross-border payments, speakers at a Fed conference predicted.

Amid price increases, the iPhone maker’s CEO says a new lease program run by BNPL player Klarna is designed to boost consumers’ ability to buy.

The card network must defend itself against a 2021 lawsuit related to sexual videos of underage minors that were posted on pornography sites.

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