payment providers

Banks and credit unions are reportedly banding together to push back against the fees they say Apple charges through Apple Pay, as an antitrust lawsuit over the practice moves forward. The legal challenge targets the commission structure Apple imposes on card issuers for transactions made with its payment service. The outcome could reshape how banks and mobile wallet providers split revenue on contactless payments in the United States.

The Council of the European Union is raising the question of a payment system made in Europe, aimed at reducing dependence on foreign card networks and payment platforms. The discussion fits into wider EU efforts around digital sovereignty, the digital euro project and strategic autonomy in financial infrastructure. Reactions online mix support for European independence in payments with scepticism about whether a new system can compete with established providers.

Telmate, a prison communications provider, has agreed to a $4.23 million settlement related to a data breach, with payouts expected in 2026. The settlement follows a cyberattack that exposed customer information, and affected individuals may be eligible to file claims. Details on eligibility and payment timelines are still being confirmed.

New software tools are making it easier for United States e-commerce sellers to enter European markets, according to an E-Commerce Times report. The tools are said to lower barriers such as logistics, compliance and cross-border payments, letting smaller merchants sell to European customers. Details on which tools and companies are involved were not provided.

Retailers are rebuilding their payment infrastructure to serve agentic commerce, where AI agents rather than human shoppers initiate and complete purchases. The shift requires new payment rails that can authenticate machine-driven transactions, handle delegated authority, and manage fraud risks when software acts on a customer's behalf. Industry coverage suggests payments providers and merchants see agent-led buying as the next major e-commerce battleground.

European policymakers are openly debating whether the continent can replicate Pix, Brazil's instant payment system that has transformed everyday money transfers for tens of millions. The conversation reflects growing unease in Europe about reliance on US card networks and private payment platforms, and renewed momentum behind projects like the digital euro as officials weigh faster, cheaper, homegrown alternatives.

Revolut is promoting 'selfie payments', a pair of new features that use facial biometrics to make checkout faster, as part of its broader push to disrupt traditional banks and legacy payment providers. Commenters are weighing what the fintech stands to gain from the move and whether biometric payments will catch on with shoppers and regulators.

American Express has introduced new business savings and payroll tools for its customers, according to a report carried by Yahoo Finance. The move expands the company's offering for small and mid-sized business clients, adding cash management and payroll capabilities alongside its existing card and payments services. Details on pricing, availability and how the tools will be bundled with current Amex business accounts were not provided in the report.

American Vision Partners has agreed to a $1.75 million class action settlement related to a data breach, according to a report by Top Class Actions. The settlement would compensate patients and other individuals affected by the breach of the eye care provider's systems. Details on eligibility and claim deadlines were not included in the available information, so payment terms remain unclear.

Sudan's Finance Ministry has signed a service agreement with telecom operator MTN Sudan to provide SMS messaging services. The deal, reported by Sudan Horizon, appears aimed at enabling the ministry to send text notifications to the public, likely covering tax alerts, payment notices and official communications. Details on the contract's value and duration have not been disclosed.