- Retailers Object to $200 Billion Visa-Mastercard Swipe Fee Settlement Retail groups are reportedly fighting a proposed $200 billion antitrust settlement against Visa and Mastercard. That settlement, stemming over a long-running case involving what are known as interchange fees or “swipe fees,â€� was the subject of a federal court hearing Monday (April 27). As Bloomberg News reported, groups representing major retailers such as Walmart told U.S. District Court Judge Brian Cogan they […] […]
- OpenAI Data Center Plans in Question After Revenue MissOpenAI has reportedly fallen short of its internal goals for new users and revenue. That’s according to a report late Monday (April 27) from the Wall Street Journal (WSJ), which says these misses have sparked concern among some executives about whether the artificial intelligence (AI) startup will be able to fund its data center […] […]
- Mercury Wins Conditional OCC Approval For Banking LicenseFinTech Mercury says it is one step closer to become a national bank The company announced Monday (April 27) that it has gotten conditional approval for a national banking charter from the Office of the Comptroller of the Currency (OCC) to establish Mercury Bank. “We applied for this charter because the best founders in […] […]
- Banks Need to Know When the Bot Has PermissionWatch more: What’s Next in Payments With Entersekt’s Dewald Nolte The enterprise data game has evolved. It’s no longer what firms have and how much, but what they do with it and how those applications can scale. “It’s about whether the data that you collect actually captures real context and real intent,â€� Dewald Nolte, […] […]
- Inside the Race to Bring Stablecoins to the Checkout CounterThe winners in crypto payments may not be the most innovative, but the least disruptive. “You don’t want to be there waiting for 20 seconds just for the payment conversion to go through,â€� Jess Houlgrave, CEO of WalletConnect, told PYMNTS. While for years the promise of crypto payments has largely unfolded online, embedded in […] […]
- Regents Capital Closes Inaugural $132.9 Million SecuritizationCosta Mesa, CA – Regents Capital Corporation (Regents), a leading independent provider of equipment leasing and financing solutions to middle-market borrowers, announced the successful closing of its inaugural Asset-Backed Securitization (ABS) transaction. The offering, RCER 2026-1, consisted of $132.9 million in notes backed by a portfolio of Regents’ originated loans and leases spanning a broad […]
- Bill Proposed to Amend CFPB’S Small Business Data Collection RuleA simple bill has been introduced in the House of Representatives to amend the CFPB’s small business data collection rules. The 888-page rulebook has been undergoing an internal reconfiguration by the CFPB itself but in this instance members of Congress are attempting to make minor changes through legislation. These proposed changes are as follows: • […]
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- Cloudsquare and ACH Works Partnership Helps Lenders Take Control of Payments and CollectionsLos Angeles, CA — April 23, 2026 — Cloudsquare, the #1 rated end-to-end lending platform built on Salesforce, is helping lenders bring greater control, visibility, and consistency to payment operations through its partnership with ACH Works, a leading ACH payment processor and risk management provider. For many lending teams, the biggest challenge is not initiating […]
- What the Velocity Capital Group Announcement RevealedVelocity Capital Group has deployed over $1 billion to small businesses, newly unveiled financial stats show, shedding light on the firm’s performance as it enters a new phase of institutional-scale expansion. Across more than 10,000 transactions, VCG reports a 37.1% renewal rate and a sub-10% default rate. The firm says it operates in all 50 […]