NotFinancialAdvice

ClearBank, the enabler of real-time clearing and embedded banking, has announced a collaboration with PhotonPay, an AI-powered global digital financial infrastructure provider offering payment solutions to businesses worldwide. Through this collaboration, PhotonPay’

In just eight years, Zelle has revolutionized the way people send money. And the best is yet to come—peer-to-peer payments are expanding to small businesses and cross-border transactions, opening up a world of new possibilities. 
In a PaymentsJournal Podcast,

The UK is implementing regulations for buy now, pay later (BNPL) loans to enhance transparency, ensure affordability, provide support during financial hardship, and allow complaint escalation, amid rising concerns about unsustainable consumer debt.

Buy now, pay later pioneer Affirm has become the latest fintech to apply for a U.S. banking charter. Filed in Nevada, the application is the most recent wave of filings prompted by a more favorable regulatory environment at both the state and federal levels.
Affirm

Using debt to fund gambling activities is a highly risky proposition, even more so when transaction fees are involved. That’s why online betting giant FanDuel will no longer allow customers to fund accounts with credit cards.
The ban will apply to the company’s

The costs of debit card fraud have increasingly tilted toward merchants, with retailers now bearing nearly half of the overall burden rather than banks or payment networks.
That shift is documented in biennial data from the Federal Reserve, which publishes its debi

MrBeast is moving into fintech by acquiring Step, an app aimed at improving financial literacy among young users. Despite concerns over misinformation and regulatory issues, his influence could significantly impact the competitive landscape for digital banking among younger consumers.

In the post-COVID era of remote work, organizations often struggle to find meaningful ways to recognize their top performers. In-person celebrations are not always possible, and traditional physical gifts can sometimes feel impersonal or difficult to deliver

Not long ago, payments meant paper, ink, and a trip to the mailbox. Today, consumers expect the opposite—transactions that are contactless, mobile-friendly, and processed in real time. With countless digital payment methods now operating smoothly and instantly, it’s

A bank’s public website no longer has the luxury of serving as a passive storefront. AI-powered overviews, social media influencers, and other personal finance sites increasingly shape how consumers discover and evaluate financial products, making it harder for fina

The rise of Software as a Service (SaaS), AI technologies, financial services APIs, and embedded finance has reshaped the payments ecosystem, creating value beyond simple transactions. These shifts mean traditional payment models now compete directly with

As one of the three major credit bureaus in the United States, Equifax has broad visibility into consumer credit behavior. In recent years, one notable trend has been the rise of first-party fraud, in which consumers knowingly exploit organizational policies for

The long-rumored BRICS payment system may finally be moving toward reality. A payment rail built on interoperable central bank digital currencies (CBDCs) has appeared on

Digital banking has trained consumers to expect speed, simplicity, and instant results. Yet, when those same expectations reach the commercial side of the house, many financial institutions fall short—leaving business clients stuck in slow, manual onboarding

On one hand, digital banking technologies have made it possible for financial institutions to offer more services than ever before. On the other, this shift has often made it harder for banks and credit unions to differentiate themselves. That challenge is likely to

Germany is bidding farewell to the paper check. Once a staple of everyday payments, checks are now all but obsolete, and the government plans to eliminate them completely by the end of 2027—a glimpse of a check-free world that’s unfolding in the U.S.
A report

The store most known for home décor could soon offer tokenized home equity loans, after Bed, Bath & Beyond unveiled plans to acquire Tokens.com.
The big-box retailer has leaned heavily into the “beyond” portion of its name since emerging from bankruptcy two years a

More than a decade after the Dodd-Frank Act redrew the regulatory boundaries of the banking industry, two Republican senators are seeking to revisit one if its key thresholds—a move that could steer millions in additional debit card revenue to community banks,

Secure real-time payments are foundational to the open banking model, enabling users to pay directly from their bank accounts across a wide range of use cases. This capability is largely delivered through APIs provided by third-party fintechs.
This is the model