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Senate Democrats Grill Visa, Mastercard over Swipe Fees
May 05, 2022

At a U.S. Senate hearing Wednesday (May 4), Visa and Mastercard defended their credit card fees while retailers and consumer groups accused the card networks of behaving like a duopoly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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US Treasury Rule Could Pave Way for On-Demand Wage Payments
May 05, 2022

Each year, the U.S. Department of Treasury issues its General Explanations of the Administration’s Revenue Proposals, commonly known as the “Green Book.” This year, the Treasury proposed clarifications and amendments to the Internal Revenue Code to address on-demand pay arrangements. The agency released the Green...

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PYMNTS AM Radar: Fraud Fighting MFA; Consumerizing B2B Payments; BNPL for Steel; Netflix Sued; ICYMI
May 05, 2022

Today is Thursday, May 5 and shareholders are hopping mad about Netflix’s share price and allege that the streaming giant forgot to mention subscriber numbers tanked. Here’s what else should be on your radar this morning.   Get the Full Story Complete the form to unlock...

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PYMNTS AM Radar: FCA Strike; Gaming Payments; Spending Crypto; ICYMI
May 04, 2022

Today is Wednesday, May 4 — May the 4th be with you. That reference from Star Wars dates to 1978 and became a worldwide cultural phenomenon. Fast forward 44 years and Star Wars has a firm footing in the metaverse with the $180 trillion gaming...

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Payments Help Move Gaming, Metaverse Beyond Today’s ‘Tip of the Iceberg’
May 04, 2022

To get a sense of how society changes right alongside technology, and technology changes society, consider this: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

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Embedded Payments Give Corporate Housing Much-Needed Renovation
May 04, 2022

As business travel picks up after a rough two years, some things in the corporate accommodations market have not changed from pre-pandemic days. Individual employees often carry a travel and expense card or their own personal credit card to pay for their hotel stays. Get...

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Real Time Payments on the Way to Becoming ‘Commonplace’ with FedNow Pilot
May 03, 2022

“We’re getting to a point where real time payments  are going to become commonplace.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

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Everyware Teams With MX to Offer Pay By Text for Real-Time Payments and Open Banking
May 03, 2022

Contactless payments firm Everyware on Tuesday (May 3) expanded its Pay By Text options to include real-time payments and open banking, along with enhanced security options, through its partnership with open finance platform MX to bring about better digital access to financial information. Get the...

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UK’s Paysafe Further Collabs With Visa Direct for Real-Time Payments
May 03, 2022

Payments platform Paysafe is growing its relationship with Visa to continue the integration of the real-time push payments solution Visa Direct. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...