July 10, 2025
| Today’s news and insights for payments leaders
Lots across the U.S. are using systems that let customers park their cars without swiping a credit card or paying an attendant.
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Column
With the exit of CEO Linda Yaccarino, it’s a question mark as to when, and whether, the company’s plan for an “everything app” will materialize.
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The money transfer firm will pay $4.2 million and bolster anti-money laundering and other compliance in a consent settlement with six states.
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As premium credit card fees climb, “it does create a little more room for us to compete in between,” the regional bank’s head of lending said.
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The two biggest card networks bid for a piece of the Treasury Department’s program seeking to modernize the U.S. payments system.
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American Banker
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