April 25, 2025
| Today’s news and insights for payments leaders
The digital payments pioneer delivered sizable pay packages last year after it hired new executives, including one landing $29.4 million in annual compensation.
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They filed a second brief supporting a state law that excludes taxes and tips from card interchange fees.
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The processor’s purchase will benefit its Clover unit in its effort to provide financing to small businesses, the company said.
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With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.
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Digital wallets are broadly comparable, although they differ on data, fraud monitoring and liability issues, Consumer Reports found in an evaluation.
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Payments fraud has mounted in recent years to tens of billions of dollars in losses worldwide. Learn how businesses are updating existing tools and sourcing new ones to outwit fraudsters in this Trendline.
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