Justin Bachman

As Block reorients around artificial intelligence, the app will become more interactive and predictive, co-founder Jack Dorsey said Tuesday.

The payments processor and banking tech provider has divested its education and ATM businesses this month, with more sales possible.

The Office of the Comptroller of the Currency urged a judge Friday to block an Illinois law on interchange fees that the agency has preempted.

The injunction for banks and card networks Monday came after U.S. regulators moved to preempt the statute curbing card swipe fees.

Payouts to merchants from a $5.5 billion settlement fund ponied up by the card networks began this year, with a second distribution in the offing.

The buy now, pay later provider is using fashion, beauty and lifestyle branding to emulate the card company’s early growth, Sebastian Siemiatkowski said.

Merchants will be able to monitor the status of claims under a quarterly reporting system for their $5.5 billion settlement with Visa and Mastercard.

The buy now, pay later provider is debuting a savings account to lure more people away from banks and into its ecosystem.

A federal judge ruled Tuesday that a settlement between the card networks and 12 million merchants over card-swipe fees is fair and reasonable.

The payments organization’s new push-credit rules force receiving financial institutions to monitor for fraud more closely.