17:20:46 (UTC) 06-12-2026
Sperax launches SperaxOS: The AI agent workspace for DeFi
17:17:24 (UTC) 06-12-2026
Italy's fintech moment arrives at Money20/20 Europe 2026
17:16:03 (UTC) 06-12-2026
CreditNinja notes growing consumer reliance on online lending for emergency funding
17:14:32 (UTC) 06-12-2026
NewtekOne Inc. declares dividends on common stock and Series B preferred shares
17:10:51 (UTC) 06-12-2026
Ripple, Bitso expand partnership to advance enterprise stablecoin settlement in LATAM
17:08:52 (UTC) 06-12-2026
Coffee Dose scales to eight-figure brand supported by Square
17:07:04 (UTC) 06-12-2026
Backpack now a Nacha Preferred Partner
17:04:45 (UTC) 06-12-2026
Square introduces 3.5% APY high yield savings for Square sellers
Friday, June 12, 2026
Fintech group asks court to 86 Tennessee remittance tax
The Financial Technology Association is challenging the constitutionality of a new Tennessee law that would impose a sweeping new sales tax on international remittances. The fintech trade group filed a declaratory judgment action in the Davidson County Chancery Court, asserting the tax imposes significant costs on consumers and businesses that send money abroad and runs afoul of the U.S. Constitution. It is seeking a permanent injunction against enforcement of the law.
Stablecoins are coming to a retail checkout near you in the not-to-distant future. But fear not, stablecoins are not about to push credit and debit cards to the curb. "I don't think they will ever replace cards," said Yamini Sagar, CEO and founder of Instarails. "Most Americans live off of credit."
This week's featured contributor:
Founded on 03/03/03, Adam Atlas Attorneys at Law is a boutique fintech and crypto law firm dedicated to top-tier personal advice to clients.
James Shephard & Patti Murphy
June 6th, 2026
In this episode of the Merchant Sales Podcast, James sits down with Lane Gordon, CEO of 733Park, to discuss how AI is reshaping software, payments, and business valuations. From merchant portfolios and SaaS models to vertical software strategies and acquisition trends, Lane shares what buyers are looking for today—and what business owners should be thinking about if they hope to build long-term value.
The conversation explores the future of AI-powered software, why payments revenue remains so attractive to investors, how verticalization creates defensible businesses, and what separates companies that command premium valuations from those that struggle to find buyers. Plus, Patti Murphy's Today in Payments segment covers interchange legislation, crypto ATMs, international remittance taxes, emerging payment preferences, and other trends shaping the industry.
Company profile from GS260401
Established in 1989, incorporated in 1991 and reincorporated in 2004, MBNCARD continues to grow and expand, led by original founder and owner, Jerry Cain. Guided by his vision to balance quality with affordability, driven by customer service, MBN is now seen as the gold standard in merchant card services and payment processing solutions.