NMI just made it possible for businesses to accept in-person payments with Tap to Pay on iPhone. Tap to Pay on iPhone supports all manner of contactless payments, including contactless credit and debit cards, Apple pay and other digital wallets, using only an iPhone and supporting iOS app. There is no need for any additional hardware or terminal.

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As check fraud enters a more dangerous and complex phase, Emiliano Giacchetti, CEO of ParaScript, points to a perfect storm: the rise of sophisticated, tech-driven schemes and the growing average value of individual checks. No longer the domain of lone forgers, today’s fraud is fueled by organized groups wielding advanced tools capable of outpacing traditional defenses. In this Q&A, Giacchetti explains how artificial intelligence is reshaping fraud detection, why financial institutions must rethink outdated risk models, and what it takes to stay ahead in an era where every high-value check is a potential target.

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FIS, a fintech company that provides back-end processing for community banks and credit unions, formed a strategic partnership with Letskipp Ltd. (Kipp) to support a non-sufficient funds authorization solution for its debit clients. Kipp is a fintech company that provides a collaboration platform for card issuers and merchants.

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The U.S. Payments Forum just released the first instalment in its newly launched EMV 3DS Mini-Series, which is aimed at promoting secure ecommerce practices through the adoption and optimization of EMV 3-D Secure (EMV 3DS). The quick-read resource brief offers merchants, acquirers and issuers a foundational understanding of the protocol's architecture, benefits and implementation challenges—marking the beginning of a broader educational effort to strengthen online payment security.

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Visa launched a new program that issuers can use to help businesses embed payments into their products and platforms. The Visa Commercial Integrated Partners program aims to improve connectivity between financial technology firms and Visa commercial products through its commercial platform, the company stated in a press release.

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Merchants could well win a round in their fight to lower Visa and Mastercard interchange fees. It came with passage of a procedural vote on the GENIUS Act, a bipartisan bill to regulate stablecoins. Senators Dick Durbin, D-Ill., and Roger Marshall, R-Kan., hope to use the bill as a vehicle for moving the Credit Card Competition Act forward.

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Green Sheet recently heard from Global Legal Law Firm attorneys Alex Glassman and Matt Luciani to discuss a precedent-setting federal court ruling with significant implications for payment processors serving state-legal cannabis merchants. The case affirms that contracts with cannabis merchants do not violate the federal Controlled Substances Act (CSA), offering new clarity and protection for financial services providers operating in this growing market.

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The FBI's Internet Crime Complaint Center (IC3) sounded the alarm over business email compromise (BEC) scams, which drained nearly $8.5 billion from U.S. businesses between 2022 and 2024. In its newly released 2024 An

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Professionals across payments and fintech are facing a growing dilemma: how to prioritize seamless customer experiences while effectively mitigating escalating fraud. According to AI-driven fraud prevention platform Ravelin’s newly released Global Fraud Survey 2025, many merchants are failing to strike the right balance—and it's costing them dearly.

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Mastercard is joining forces with MoonPay to support stablecoin payments across global markets. MoonPay is a financial technology company that provides the infrastructure for crypto payments. It acts as a payment processor that allows users to buy and sell cryptocurrencies using traditional payment methods, like credit cards or bank transfers.

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While the federal government has eighty-sixed its oversight of buy now, pay later (BNPL) lenders, New York state is taking up the mantle. New York Governor Kathy Hochulh just signed legislation that establishes a licensing and supervision framework for companies offering BNPL in the state.

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Payments platform Stripe unveiled a host of new products designed to help businesses harness AI and stablecoins. Among them: new money management capabilities that make stablecoin-powered financial accounts accessible to businesses in 101 countries.

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The U.S. economy is sending mixed messages this spring, leaving small business owners, consumers and employers caught between optimism and apprehension, based on recent reports from four independent studies.

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A major technical outage on Fri., May 2, 2025, brought Zelle, one of the United States' most popular peer-to-peer (P2P) payment platforms, to an abrupt halt, leaving millions of Americans unable to send or receive money through their bank accounts. The disruption, which started early in the morning, rippled across the financial system and affected customers at leading banks including Bank of America, Truist, Capital One and Navy Federal Credit Union.

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PayPal Holdings Inc. gathered developers, AI leaders, and partners from around the world for its Dev Days event, held April 29 through May 1, to spotlight its advancements in agentic commerce and demonstrate the company's latest AI-powered developer tools.

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Americans really like to buy now and pay later. At least when they're using it. Among consumers surveyed by LendingTree, the online service that matches borrowers with lenders, 51 percent had used a BNPL provider at least once. But nearly as many (52 percent) said they regretted financing purchases that way.

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