Payment Week
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date: 2026-04-09T15:55:58Z
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update frequency: 1
update base: 2000-01-01T12:00+00:00
generator agent: https://wordpress.org/
items: Fed mulls FedNow x-border use
items: How US credit card fees may ebb
items: Stablecoins to infiltrate market, investors say
items: Fiserv, grocer expand pay-by-bank effort
items: Illinois AG defends card fee law
items: Global cyber fraud attacks rose last year
items: Us digital wallet use projected to grow by 2030
items: Walmart alumni open POS test lab
items: Walmart alum open POS test lab
items: Mastercard to buy BVNK for $1.8B

Fed mulls FedNow x-border use
type: item
creator: Ellie Dautner
date: 2026-04-09T15:55:58Z
subject: Payment Week Fintech
description: Federal Reserve Moves on Real-Time Payments: Use of Intermediaries Proposed A new rulemaking from the […] Сообщение Fed mulls FedNow x-border use появились сначала на Payment Week.
encoded: Federal Reserve Moves on Real-Time Payments: Use of Intermediaries Proposed A new rulemaking from the central bank seeks to broaden routing options on its instant payment rail, potentially extending reach to international corridors while keeping core connectivity intact. Dive Brief On Wednesday, the Board of Governors proposed allowing FedNow participants to route transfers through third-party intermediaries, alongside Reserve Banks, to move funds over the service. The central bank also invited public comments on the plan. The Fed said authorizing U.S. financial institutions to work with such intermediaries—including a non-U.S. correspondent bank—should enable completion of payments both within the United States and across borders. The Board voted unanimously on Tuesday to advance the proposal. The proposal notes that added flexibility would foster new private-sector use cases for the FedNow Service, such as letting U.S. banks interact with correspondent institutions to handle the international segment of a cross-border payment. Dive Insight The draft would revise the regulation that put the FedNow Service into operation in July 2023. FedNow is an instant payment service operated by the Federal Reserve that enables participating financial institutions to send and receive credit transfers that settle in seconds, around the clock, every day of the year, with the core purpose of providing a always-on rail for real-time funds movement and final settlement. In a typical FedNow transaction, a sender initiates a payment through its bank or credit union; the sending institution submits the payment message to the FedNow Service; the service validates and routes it to the receiving institution; settlement occurs in real time on the Federal Reserve’s books (debiting the sender’s and crediting the receiver’s Federal Reserve account); and the receiving institution makes the funds available to the recipient. Key benefits include faster availability of funds, 24/7/365 processing, …

How US credit card fees may ebb
type: item
creator: Ellie Dautner
date: 2026-04-08T16:07:43Z
subject: Payment Week Fintech
description: Visa and Mastercard: Why the Card Duopoly Still Shapes United States Payments The Nilson Report, […] Сообщение How US credit card fees may ebb появились сначала на Payment Week.
encoded: Visa and Mastercard: Why the Card Duopoly Still Shapes United States Payments The Nilson Report, a payments industry research firm, has observed the global payments market from a United States vantage point for more than half a century. In a wide-ranging discussion, Publisher David Robertson explained why Visa and Mastercard are positioned to continue leading domestically, even as other regions evolve along different tracks. In the March interview, Robertson, who owns the firm, described how the card networks countered digital challengers and adopted elements from fintech rivals. He also outlined possible shifts ahead as merchants intensify pressure to reduce interchange fees. In practice, Visa is generally the larger network by payment volume and cards in circulation, with Mastercard close behind; on merchant acceptance, both are broadly “everywhere you want to be” in the United States, and the differences most consumers feel tend to come from the issuing bank and the card product rather than the network logo. Visa and Mastercard also have more in common than not: they operate global networks that set rules, provide routing and authorization messaging, and sell value-added services such as fraud tools and data products. They do not typically earn the interchange fee that merchants pay on each transaction; interchange is largely paid to the issuing bank, while the networks earn processing and other network fees (often paid by acquirers and issuers) plus revenue from services. Issuers can shift portfolios or launch programs on either network, and many do both. Capital One, for example, continues to issue Mastercard-branded cards on many of its products, even as network choices can vary by program economics, co-brand arrangements, and strategic priorities. He said the networks have already begun to lose some pricing leverage. A pending federal decision on a proposed settlement in litigation waged for over 20 years between merchants and the networks could ultimately br…

Stablecoins to infiltrate market, investors say
type: item
creator: Ellie Dautner
date: 2026-04-08T15:40:50Z
subject: Payment Week Fintech
description: Stablecoins and the Future of Payments As usage of stablecoins spreads worldwide, venture investors predicted […] Сообщение Stablecoins to infiltrate market, investors say появились сначала на Payment Week.
encoded: Stablecoins and the Future of Payments As usage of stablecoins spreads worldwide, venture investors predicted they will plug into blended payment architectures that fuse established bank rails with cryptocurrency networks during a panel last week. Specialists from QED Investors said a stablecoin payment will settle into roles where it offers the most utility for each transaction type. The global VC, which backs fintech firms, hosted a discussion on how these assets can augment established ways to pay. Payment Integration: A Hybrid Model Gbenga Ajayi, a QED partner leading the firm’s Africa and Middle East business, compared the shift to email not eliminating postal mail for certain needs. We will align stablecoins to the tasks they excel at, while conventional fiat rails keep handling the jobs they perform best. It isn’t crypto versus banks — it’s both working in concert. Bill Cilluffo, a QED partner based in Alexandria, Virginia, said the tougher challenge is how tokens and legacy payment systems interoperate. Interoperability tends to come down to shared standards, clear APIs, and predictable settlement finality across systems. Payment stablecoins are stablecoins designed primarily for everyday settlement, meaning they aim to be redeemable at par value and easy to route through payment flows like invoices, payroll, and checkout. They differ from other stablecoins that are optimized for trading, leverage, or specialized on-chain strategies, where liquidity, exchange integration, or yield mechanics can matter more than merchant tooling and dispute handling. Businesses that want to accept stablecoin payments typically have a few practical options: Choose what to accept: decide which stablecoin(s) to support and which networks to support for settlement. Pick an acceptance model: use a payment processor that offers stablecoin checkout and settlement, or integrate a wallet flow directly into an app or invoice. Set treasury and accounting rules: decide whether to hold th…

Fiserv, grocer expand pay-by-bank effort
type: item
creator: Ellie Dautner
date: 2026-04-07T16:16:32Z
subject: Payment Week Fintech
description: Pay by Bank in Grocery Retail: Ahold Delhaize USA and Fiserv Expand Cardless Checkout Ahold […] Сообщение Fiserv, grocer expand pay-by-bank effort появились сначала на Payment Week.
encoded: Pay by Bank in Grocery Retail: Ahold Delhaize USA and Fiserv Expand Cardless Checkout Ahold Delhaize USA and Fiserv are widening their bank-to-bank payment pilot to reach more U.S. shoppers, extending direct-from-account checkout across the grocer’s digital storefronts. Key Updates: Pay by Bank Pilot Scales Up Fiserv and Ahold Delhaize USA will broaden their bank payment pilot so more customers nationwide can access the option, the companies said. The feature debuted last year on the grocer’s websites and mobile apps for three banners—The Giant Company, Giant Food, and Stop & Shop—and is now being offered to a larger audience. Tens of thousands of shoppers have signed up for the pay by bank option. Customers can enroll and select their financial institution during setup. Customers authenticate through their bank experience to authorize payment. The option adds another cardless way to pay for digital grocery orders. Industry Context: Real-Time Payment Momentum Retailers across the U.S., including Walmart, are promoting cardless ways to pay to curb interchange and network costs tied to card payments, giving merchants another payment solution at checkout. Support is typically limited to eligible customers at participating banks and credit unions connected to the payment provider’s network, with coverage expanding as more financial institutions enable account-authenticated checkout and faster bank-to-bank transfers. With an East Coast footprint spanning Stop & Shop, Giant Food, The Giant Company, Food Lion, and Hannaford, Ahold Delhaize added the capability last year for customers to set up bank-to-bank payments for future orders, with an emphasis on reliability, security, and account authentication. Brand Pay by Bank Availability Enrollment Start Date Stop & Shop Available for a broader audience as the pilot expands Last year Giant Food Available for a broader audience as the pilot expands Last year The Giant Company Available for a broader audience as the pilot expand…

Illinois AG defends card fee law
type: item
creator: Ellie Dautner
date: 2026-04-07T16:14:45Z
subject: Payment Week Fintech
description: Illinois Interchange Fee Prohibition Act: State Defends Limits on Taxes and Tips Illinois’s ban on […] Сообщение Illinois AG defends card fee law появились сначала на Payment Week.
encoded: Illinois Interchange Fee Prohibition Act: State Defends Limits on Taxes and Tips Illinois’s ban on assessing swipe charges to the portions of a purchase that are sales tax or gratuities does not intrude on banks’ or card networks’ authority to set pricing, the state attorney general argued Friday while defending the measure before an appeals court. The Illinois Interchange Fee Prohibition Act is a state law that prohibits charging interchange fees, network fees, or other per-transaction “swipe” charges on the tax and tip portions of an electronic payment, requiring those portions to be excluded from the fee calculation. Interchange fees are charges tied to card transactions that flow through the payment chain: a merchant’s payment processor routes a card purchase through a network, and the merchant’s bank (the “acquirer”) pays the cardholder’s bank (the “issuer”) an interchange amount that is typically passed back to the merchant as part of overall processing costs. Preemption Dispute Over Interchange Fees In a brief to the 7th United States Circuit Court of Appeals, Attorney General Kwame Raoul’s office said the law is not preempted by the National Bank Act because the state rule does not restrict national banks’ ability to establish or collect interchange fees from their own customers. The state also pointed to continued federal regulation of payment fees—such as the Durbin Amendment’s framework for regulating certain debit-card interchange and routing—as consistent with the idea that fee rules can coexist with bank powers, while lenders argue that Congress set specific federal boundaries that states cannot extend. Preemption disputes like this often turn on whether a state rule merely increases costs or whether it meaningfully prevents a bank from exercising a federally granted power. The state’s filing answered an appeal by a coalition of banks and credit unions challenging the statute. Four trade associations for those institutions sued Illinois in August 2024 …

Global cyber fraud attacks rose last year
type: item
creator: Ellie Dautner
date: 2026-04-06T16:26:51Z
subject: Payment Week Fintech
description: 2026 Cyber Threat Report: Key Findings New analysis details how digital fraud escalated worldwide, with […] Сообщение Global cyber fraud attacks rose last year появились сначала на Payment Week.
encoded: 2026 Cyber Threat Report: Key Findings New analysis details how digital fraud escalated worldwide, with automated tools and synthetic identity tactics reshaping the threat landscape and exposing shifting targets across regions. Briefing: Global Cyber Fraud Snapshot Region Fraud Rate (%) Notable Trends Most Targeted Sectors and Why Global 1.6 Across more than 100 billion transactions last year, fraud rose alongside a 19% jump in bot-driven and synthetic identity attacks, according to a March report from LexisNexis Risk Solutions. Gaming and gambling (high-velocity activity that masks abuse). E-commerce (account takeover, promo abuse, and rapid resale incentives). Other sectors face lower overall exposure but rising spillover as attackers reuse tested playbooks. North America 2.2 The overall rate held near 2.2%, yet the region saw a pronounced rise in desktop-focused attacks, the 2026 Cybercrime Report noted. Desktop-browser sessions tied to high-value consumer and business workflows (attackers exploit familiar browser paths, stolen credentials, and inconsistent step-up checks). The report warned that increasingly sophisticated schemes relentlessly probe defenses to exploit lapses, targeting the vulnerable, the uninformed, or anyone momentarily distracted. Common examples include credential-stuffing and account-takeover campaigns, payment and refund manipulation, SIM-swap and help-desk social engineering, and stealthy bot traffic designed to mimic human behavior; these approaches often succeed by chaining small weaknesses such as reused passwords, weak or bypassable verification, misconfigured authentication flows, and delayed detection of anomalous session behavior. Insights: Regional Patterns and Defensive Shifts The Atlanta-based firm examined 116 billion digital events worldwide to calculate regional fraud rates, tracking payments, logins, and new-account openings through its identity network—a 12% increase in monitored volume year over year. Generational behavior…

Us digital wallet use projected to grow by 2030
type: item
creator: Ellie Dautner
date: 2026-04-06T16:22:35Z
subject: Payment Week Fintech
description: Digital Wallet Adoption Outlook: U.S. and Global Trends to 2030 Worldpay’s 11th annual Global Payments […] Сообщение Us digital wallet use projected to grow by 2030 появились сначала на Payment Week.
encoded: Digital Wallet Adoption Outlook: U.S. and Global Trends to 2030 Worldpay’s 11th annual Global Payments Report signals rapid expansion of mobile wallets across e-commerce and store checkouts, with the United States expected to narrow the gap with global behavior by 2030. A digital wallet is an app or built-in phone feature that stores payment details (or secure substitutes for them) so you can pay without repeatedly entering card or bank information. In practice, you add a payment method, confirm it with the provider, and then authorize purchases using device security such as a screen lock, biometrics, or in-app verification. Beyond checkout, wallet apps are commonly used for online purchases, in-store tap-to-pay, peer-to-peer transfers, and sometimes bill payments. Many also let users store items like loyalty programs, gift balances, and event or travel tickets, depending on the provider and what local merchants support. Digital wallets generally fall into three buckets: closed-loop wallets meant for a single brand’s ecosystem (such as a retailer or transit app); semi-closed wallets that work across a set of participating merchants; and open wallets that can be used broadly where supported payment networks are accepted. Zelle is typically considered a bank-to-bank transfer service rather than a digital wallet, because it routes payments through participating banks and usually does not function as a stored wallet for in-store tap-to-pay. Setup is usually straightforward: download or open the wallet app, create an account if required, add a card or bank account, and turn on device security before making a first purchase. To pay online, you select the wallet button at checkout and authenticate; to pay in-store, you authenticate and complete a contactless transaction where the merchant supports it. Acceptance can vary by website, point-of-sale system, and country, and international use may involve currency conversion or network limitations depending on the wallet and un…

Walmart alumni open POS test lab
type: item
creator: Ellie Dautner
date: 2026-04-03T16:31:13Z
subject: Payment Week Fintech
description: Inside Kitestring’s Vendor-Neutral Point-of-Sale Lab for Omnichannel Retail As merchants pursue unified checkout across channels, […] Сообщение Walmart alumni open POS test lab появились сначала на Payment Week.
encoded: Inside Kitestring’s Vendor-Neutral Point-of-Sale Lab for Omnichannel Retail As merchants pursue unified checkout across channels, a retail technology company founded by former Walmart technologists has built a hands-on lab where buyers can trial offerings from multiple point-of-sale vendors under one roof. Vendor-Neutral Testing: How Retailers Compare Point-of-Sale Options Kitestring Technical Services presents its innovation laboratory as a neutral environment for evaluation and live demonstrations, giving retailers a controlled space for quality-assurance-style reviews of equipment from seven software providers and 14 hardware makers. In that setting, retailers typically focus on testing that reduces the risk of disruptions at checkout and across connected channels. Teams look for reliable transaction handling to avoid revenue loss from system failures, protections for sensitive customer data, adherence to relevant industry requirements, and a smoother experience that keeps lines moving and customers satisfied. Those evaluations span the core components that tend to break in the real world: payment processing, inventory management, the user interface cashiers and associates rely on, receipt printing, loyalty and promotions logic, and integrations with external systems that feed orders, pricing, and customer profiles. To cover those areas, buyers commonly run functional testing, integration testing, performance testing, security testing, usability testing, compliance testing, and regression testing to confirm that updates do not reintroduce defects across stores and devices. That work can be difficult to standardize because point-of-sale deployments often involve complex hardware-software integration, multiple payment methods and devices, real-time transaction processing requirements, the need for consistent omnichannel behavior, and evolving security and compliance obligations. Selecting a point-of-sale system often means a multi-year, multimillion-dollar commitme…

Walmart alum open POS test lab
type: item
creator: Ellie Dautner
date: 2026-04-03T15:21:13Z
subject: Payment Week Fintech
description: Kitestring Technical Services Lab: Hands-on Point-of-Sale Evaluation for Retailers As chains push to unify checkout […] Сообщение Walmart alum open POS test lab появились сначала на Payment Week.
encoded: Kitestring Technical Services Lab: Hands-on Point-of-Sale Evaluation for Retailers As chains push to unify checkout across channels, a retail technology company founded by former Walmart technologists has opened a hands-on lab where merchants can trial offerings from multiple vendors side by side. Kitestring Technical Services is a retail technology services firm that helps merchants plan, implement, and support store systems, including point-of-sale and related digital commerce capabilities. Vendor-Neutral Solution and Methodology Kitestring Technical Services positions its innovation laboratory as an impartial test and demo environment so retailers can evaluate point-of-sale equipment now on the market. 7 software providers. 14 hardware makers. A vendor-neutral lab lets retailers validate real-world compatibility and performance before they commit to a multi-year rollout. Beyond the lab, Kitestring supports retailers with vendor evaluation and selection, systems integration across software and hardware, rollout planning, associate training, and ongoing operational support once deployments are live. Strategic Decisions and In-Store Experience Choosing a checkout stack is a high-stakes, multi-year, multimillion-dollar commitment with intertwined hardware and software risks, said Lindsay Schwab, Kitestring’s head of partnerships and growth. Buyers therefore proceed with great care. We want retailers to visit our space and compare, in one place, the different checkout systems they’re considering, she said from the Kitestring lab in Bentonville, Arkansas. Kitestring introduced the facility in January during the National Retail Federation’s Big Show in New York. Retailers modernizing point-of-sale typically run into practical hurdles such as integrating new software with existing back-office systems, managing the cost and downtime of store-wide hardware refreshes, training associates on new workflows, and maintaining compatibility with legacy peripherals and payment req…

Mastercard to buy BVNK for $1.8B
type: item
creator: Ellie Dautner
date: 2026-03-17T16:09:38Z
subject: Payment Week Fintech
description: Mastercard to Acquire BVNK in a $1.8 Billion Stablecoin Play The payments giant struck a […] Сообщение Mastercard to buy BVNK for $1.8B появились сначала на Payment Week.
encoded: Mastercard to Acquire BVNK in a $1.8 Billion Stablecoin Play The payments giant struck a deal to buy London-based BVNK, aiming to link on-chain transfers with traditional money rails and speed settlement across its network. Deal Snapshot: Terms of the BVNK Purchase Deal Component Details Purchase price and earnout Mastercard reached an agreement to buy BVNK of London for as much as $1.8 billion; $300 million of the consideration depends on future targets, the company said Tuesday in a press announcement. Core integration plan The network plans to leverage BVNK—already integrated with many leading blockchains—to connect stable-value tokens with fiat money. Chief Product Officer Jorn Lambert told analysts the technology could ultimately accelerate settlement even on card rails. Long-term platform thesis Lambert said most banks and fintechs are likely to introduce digital-currency services over time, and adding on-chain pathways to Mastercard’s platform would enhance speed and enable programmability across transactions. Strategy and Context: Connecting On-Chain Payments and Fiat Rails BVNK operates as a business-to-business provider, offering blockchain tooling to financial institutions and fintechs across 130 countries. The platform is blockchain-agnostic and uses stablecoins from issuers such as Circle and PayPal to move digital currencies for payment use cases. In practice, “stablecoin rails” refer to the payment and settlement pathways that move value using stablecoins on public or permissioned blockchains. Instead of passing exclusively through card, bank transfer, and correspondent-banking systems, funds can be transferred wallet-to-wallet on-chain and then converted to local currency at the on- and off-ramps, with compliance checks, reconciliation, and reporting handled around that flow. The market backdrop is increasingly competitive as card networks, banks, fintechs, stablecoin issuers, and crypto infrastructure firms all push into faster, always-on settlement…