Breaking Industry News
Breaking News articles for July 2026
CrossCheck rolls out enhanced Pay-by-Link
Monday, July 06, 2026
CrossCheck Inc. has enhanced its Pay-by-Link platform. Powered through an integration with Plaid, the platform combines real-time account authentication with the company's proprietary payment guarantee capabilities. Approved transactions are guaranteed by CrossCheck, which assumes liability for qualifying returned or disputed payments.
Alibaba, payment processor, to pay $600 million in DOJ settlement
Monday, July 06, 2026
Alibaba Holdings Ltd., the technology and ecommerce giant based in China, and its payment processing partner in the United States, AUS Merchant Services, are paying $600 million to resolve Department of Justice allegations that they allowed merchants to import illegal pharmaceuticals and other restricted items into the United States.
Fed charts huge uptick in noncash payments
Thursday, July 02, 2026
The total number of noncash payments made by U.S. consumers and businesses has more than tripled since 2000, with cards accounting for more than three quarters, by number, according to the Federal Reserve's latest payments study.
Green Sheet interviews Boost Payment Solutions' Dean M. Leavitt
Wednesday, July 01, 2026
Dean M. Leavitt, founder and CEO of Boost Payment Solutions, has been closely involved in helping enterprises and payment providers navigate the transition to Visa's new Commercial Enhanced Data Program. In this Q&A, he discusses the operational and financial implications of CEDP, why maintaining verified status is proving difficult for many organizations, and how stronger straight-through processing infrastructure can help improve interchange economics, cash flow predictability and broader payment operations.
