July 8, 2025
| Today’s news and insights for payments leaders
In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are doing to protect customers using the digital payments service.
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The spending and tax bill signed by President Donald Trump includes a new levy on international money transfers, though it’s lower than initially proposed.
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The on-demand pay company sourced $200 million from Barclays, Morgan Stanley and Citi through an asset-based securitization to accelerate growth.
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The grocer is trying out technology from two providers, including Instacart’s Caper Carts that let shoppers pay directly from the cart.
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While Louisiana enacted a new earned wage access law this month, the controversy over state legislation rages on in Connecticut.
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