Sept. 16, 2025
| Today’s news and insights for payments leaders
Block has drawn 1 million consumers to its Cash App debit card, coupled with Afterpay BNPL, creating a “next-gen” credit card clientele, the company’s CFO said.
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Under the agreement between the two companies, the bank will be paid for sharing consumer data with Plaid. Fintech groups excoriated JPMorgan for the new access fees.
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The peer-to-peer payment provider is enabling consumers in the U.S. to receive payments via custom links.
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With both consumers and companies being targeted, legacy businesses and startups alike are updating existing tools and sourcing new ones in an attempt to outwit fraudsters.
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The payments giant is among numerous companies stalking new business as the U.S. government transitions to electronic transactions.
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Opinion
“Well-meaning legislation shouldn’t leave behind the very people it intends to help,” writes one bank CEO.
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