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Tether Launches Dollar-Backed Stablecoin Designed to Comply With GENIUS Act
Tether has launched USAT, a U.S. dollar-backed stablecoin developed to operate within the federal stablecoin framework established by the GENIUS Act. USAT is issued by Anchorage Digital...

Synchrony Says BNPL Lifts Sales Without Hurting Cards
Synchrony Financial closed 2025 with fourth-quarter purchase volume of $49 billion, a company record and a 3% year-over-year increase, as spending patterns strengthened across most platforms and co-br...

Mesh Looks to Court FinTechs After $1 Billion Valuation
Crypto payments network Mesh is planning to expand its network after raising $75 million. The new funding round values Mesh at $1 billion, Bloomberg News reported Tuesday (Jan. 27), and wil...

House Bill Aims to Achieve Goals of FTC’s Click-to-Cancel Subscription Rule
A bill reintroduced in the U.S. House aims to protect consumers from what its sponsors called “misleading subscription plans” that trick consumers into paying monthly membership fees without their...

UPS Exits Volume Race, Bets on Healthcare, Cross-Border and B2B
UPS is no longer optimizing for dominance by volume. And it’s by design. The over-a-century-old shipping and supply chain management company is rounding the bases on its multi-year plan t...

Bolt Picks Affirm to Add BNPL Options at Checkout
Checkout and payments company Bolt is teaming with buy now pay later (BNPL) provider Affirm, according to a Tuesday (Jan. 27) press release. The collaboration makes Affirm the default BNPL ...

Velera to Provide Card Processing Services to Ohio-Based Kemba Credit Union
Ohio-based Kemba Credit Union, which has 14 branches across Ohio, Indiana and Kentucky, has selected credit union service organization (CUSO) Velera to provide debit and credit card processing service...

Honeywell Sees Physical AI Gain Foothold in Business World
Tech conglomerate Honeywell is seeing artificial intelligence play a larger role in the physical world, Bloomberg News reported Tuesday (Jan. 27). Anant Maheshwari, president and CEO of glo...

eBay Blocks Use of AI ‘Buy-For-Me’ Agents
eBay is preparing to bar third-party “buy-for-me” agents and AI chatbots from interacting with its platform without consent. The ban is part of a recent update to the eCommerce platform...

Visa Urges Banks to Rethink Loyalty Beyond Credit Card Rewards
The perceptions and realities of rewards programs are changing as consumers redefine what good loyalty looks like. Simple loyalty mechanics are no longer enough. Rewards must be meaningful,...