Breaking Industry News
Breaking News articles for August 2025
Merchants win latest skirmish over debit interchange
Saturday, August 09, 2025
The Federal Reserve Board may need to start from scratch its work capping debit card interchange if a decision handed down by a federal court judge on Aug. 6, 2025, is upheld on appeal. Justice Daniel M. Trayner of U.S. District Court for the District of North Dakota stayed his summary judgement until the Fed has an opportunity to appeal the decision to the U.S. Circuit Court for the Eighth Circuit in St. Louis.
New U.S. Payments Forum resources aim to strengthen mobile, contactless security
Thursday, August 07, 2025
As mobile commerce continues to surge, projected to reach $4.01 trillion and represent 59 percent of total retail ecommerce sales by 2025, industry leaders are placing heightened focus on digital payment security. In response, the U.S. Payments Forum released two new resources aimed at bolstering defenses against fraud and improving the resilience of mobile and contactless payments.
PayPal moves to mainstream crypto payments
Tuesday, August 05, 2025
PayPal is rolling out Pay with Crypto, which the company claims will simplify cross-border commerce for merchants by connecting a combination of cryptocurrencies, digital wallets and merchants worldwide, and slashing transaction fees by up to 90 percent vis-à-vis cross border credit card payment fees.
Fiserv in the hot seat
Friday, August 01, 2025
A group of investors is suing the payment processing giant Fiserv and key executives over what they allege was a sleight of hand to pump up revenues from its Clover POS system in violation of the Securities and Exchange Act.
