PaymentTrends

Hong Kong Mandates E-Payments in All Taxis by April 2026
Government Push for Modernization In Hong Kong, where cash has long reigned supreme in the taxi industry, a quiet revolution is underway. The city's transport authorities a...
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New York AG Sues Zelle Parent Over $1B Fraud Failures
New York Attorney General Letitia James has launched a high-stakes lawsuit against Early Warning Services LLC, the parent company of the popular peer-to-peer payment app Zelle, acc...
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PayPal Halts Steam Payments Globally Over Mature Content Issues
In a surprising turn for the digital gaming economy, PayPal has abruptly curtailed its support for Steam purchases across a vast swath of global regions, limiting transactions to j...
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New York AG Sues Zelle Parent Over $1B Fraud Losses, Seeks Reforms
The Lawsuit Unveiled New York Attorney General Letitia James has launched a high-stakes lawsuit against Early Warning Services, the parent company of the popular payment pl...
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Western Union to Acquire Intermex for $500M in Latin America Push
In a move poised to reshape the global remittances sector, Western Union Co. has announced its intention to acquire International Money Express Inc., known as Intermex, for appr...
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SoftBank Taps Goldman, JPMorgan for PayPay’s $2B US IPO in 2025
In a move that underscores the growing ambition of Japanese fintech to conquer global markets, SoftBank Group Corp. has tapped a cadre of Wall Street heavyweights to orchestrate a...
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SoftBank Plans $2B US IPO for PayPay App in Late 2025
SoftBank Group Corp. is pushing forward with plans to take its Japanese payments app PayPay public in the U.S., a move that could inject fresh momentum into the conglomerate's port...
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BNPL Boom Hits $117B in 2025: Risks for Young Americans
In the ever-evolving world of consumer finance, buy now, pay later (BNPL) services have surged into the mainstream, captivating young Americans with the allure of instant gratifica...
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Shopify Unveils AI Universal Cart for Agentic E-Commerce
In the rapidly evolving world of e-commerce, Shopify Inc. is positioning itself at the forefront of innovation by integrating artificial intelligence into the very fabric of online...
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BNPL Surges for Concert Tickets Amid Youth Debt Risks and Growth
The Rise of BNPL in Entertainment Spending In an era where live events command premium prices, a growing number of consumers are turning to buy now, pay later (BNPL) servic...
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BNPL Lenders Withhold Data from Credit Bureaus, Hiding Debts
In the evolving world of consumer finance, buy-now-pay-later (BNPL) services have surged in popularity, offering shoppers the allure of interest-free installments for everything fr...
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Block Inc. Q2 Earnings Surge 176%, Shares Rise 9.5% on Upbeat Guidance
Block Inc., the fintech giant formerly known as Square, delivered a robust second-quarter performance in 2025 that defied earlier market skepticism, posting significant gains in pr...
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US Credit Card Delinquencies Double to 4% Amid $17.8T Household Debt
In the sweltering heat of economic uncertainty, American consumers are buckling under the weight of mounting credit card debt, with delinquency rates surging to levels not seen sin...
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AI Revolutionizes Payments: Benefits, Challenges, and Ethical Strategies
In the fast-evolving world of financial technology, artificial intelligence is reshaping how payments are processed, from fraud detection to personalized customer experiences. But...
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AI Transforms Payments: Prioritizing Ethics and Fairness
In the fast-evolving world of financial services, artificial intelligence is reshaping how payments are processed, from fraud detection to personalized customer experiences. But as...
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