News From the Wire

16:43:37 (UTC) 05-21-2026

UBX Tanzania, ACI Worldwide to power next phase of nation's digital economy

16:41:20 (UTC) 05-21-2026

Terry O'Neil joins Papaya as Chief Commercial Officer

16:39:36 (UTC) 05-21-2026

Klarna, Tekion drive flexible payments into the auto services lane

16:37:57 (UTC) 05-21-2026

New doxo report reveals geographic disparities in US household bill costs

16:35:52 (UTC) 05-21-2026

Corpay completes refinancing, increases revolving credit facility to $3.7B

16:31:11 (UTC) 05-21-2026

NCR Atleos expands Cashzone ATM network into Colombia, with Bancoomeva

16:29:17 (UTC) 05-21-2026

PACE Act could create faster payments—and faster disputes, warns Chargebacks911

16:26:03 (UTC) 05-21-2026

Most current manufacturing indicators decline in May



Breaking News

Thursday, May 21, 2026

State interchange laws could have severe consequences

The Common Sense Institute, a think tank focused on free-enterprise economics, has been studying the likely outcomes of state laws that would ban interchange on the tax and/or tip portions of card payments. And the scenarios seem grim. While the laws are sold as financially beneficial to merchants and consumers, the analysis suggests the costs in terms of economic impact are anything but beneficial.

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Online Edition – Issue 26:05:01

Combatting fraud in the age of AI

Cyber-enabled crimes defrauded Americans of nearly $21 billion in 2025, with cryptocurrency and artificial intelligence-related complaints among the costliest, according to the latest data from the FBI. The bureau reported that AI accounted for 22,364 complaints it received last year, costing Americans nearly $893 million.

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Our flipbook edition

Merchant Sales Podcast

Merchant Sales Podcast

James Shephard & Patti Murphy

May 16th, 2026

How Does Payment Processing Work?

In this replay episode of the Merchant Sales Podcast, James Shepherd revisits one of our foundational conversations: What is payment processing? James delivers a straightforward, easy-to-understand explanation of how credit card processing works, covering the basics of authorization and settlement, along with the roles of processors, acquirers, and merchant accounts.

Whether you're new to payments or just need a refresher, this episode is a great starting point for understanding the moving parts behind every transaction and how they connect to merchant sales. To hear this week’s latest edition of Today in Payments with Patti Murphy, be sure to tune into the audio version of the podcast.

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Company profile from GS260401

Meet the dual-pricing originators

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. 

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