Debt

After FanDuel Cuts Credit Cards, Stored-Value Accounts Rise

Using debt to fund gambling activities is a highly risky proposition, even more so when transaction fees are involved. That’s...

Who Wins If the Debit Fee Cap Limit Gets Raised?

More than a decade after the Dodd-Frank Act redrew the regulatory boundaries of the banking industry, two Republican senators are...

Coinbase Unveils Agentic Wallets for AI Spending and Investing

The next phase of agentic commerce may not be about browsing or checkout, it may be about control of the...

UK to Regulate BNPL in Transparency Push

Buy now, pay later loans have become a critical tool for consumers managing everyday expenses. However, persistent concerns remain about...

YouTuber MrBeast Acquires Fintech Targeting Younger Consumers

Jimmy Donaldson, also known as MrBeast, built his following by capturing the attention of young users on an exceptionally crowded...

Germany Plans to Eliminate Checks Entirely by 2027

Germany is bidding farewell to the paper check. Once a staple of everyday payments, checks are now all but obsolete,...

The Fraud Epidemic Is Testing the Limits of Cybersecurity

Many of the fraud threats facing organizations today are not new. However, the convergence of these threats—combined with ever-evolving technologies—has...

EU Leaders Consider Comprehensive Payments Plan for the Euro

The euro is the world’s second-largest reserve currency, though it still lags far behind the U.S. dollar. Many European Union...

Staying on Guard Against the Growing Use of Deepfakes

AI-generated deepfakes continue to pose a growing global threat, with investment opportunity scams emerging as the fastest-growing use case. Between...

Bank of America Overhauls Credit Cards to Boost Customer Base

Despite recent contention over interest rates and transaction fees, credit cards remain firmly entrenched in the U.S. payments landscape. To...

AI Drives Sharp Rise in Phishing Volume

The rate of phishing attacks is accelerating, with spam filters flagging one email every 19 seconds last year, up from...

Bed, Bath, & Beyond Turns to Tokenization in Digital Assets Push

The store most known for home décor could soon offer tokenized home equity loans, after Bed, Bath & Beyond unveiled...