Payments fintech Pepper Pay declares bankruptcy

Pepper Pay recently filed for bankruptcy to liquidate its $665,000 in assets against over $3.4 million in debts.

https://www.americanbanker.com/news/payments-fintech-pepper-pay-declares-bankruptcy

#FinTech #FinServ #Banking #Payments #PayTech

Payments fintech Pepper Pay declares bankruptcy

The payments processing firm recently filed for Chapter 7 bankruptcy with a nearly $3 million disputed charge owed to a subsidiary of Global Payments.

American Banker

All Content from Business Insider | Visa is burning through nearly 2 trillion AI tokens a month — and rewarding employees for building faster by Charles Rollet

Visa's president of technology Rajat Taneja.Big Event Media/Getty Images for HumanX Conference

Visa's AI token usage is surging, doubling to nearly 2 trillion a month from 1 trillion in February.While that's a far cry from Meta, it's a sign that 'tokenmaxxing' is spreading beyond Big Tech.Visa says it's focused on results and rewarding teams who use AI to get things done.'Tokenmaxxing' — or the controversial practice of showing off how many AI tokens you spend — is taking off outside Silicon Valley.

Visa, the world's largest payments company, is spending 1.9 trillion tokens a month as of March — double the number it recorded in February of this year, the company told Business Insider.

Visa's internal AI awardsHow much is a trillion tokens?Read the original article on Business Insider

Read more: https://www.businessinsider.com/visa-says-its-burning-through-one-trillion-ai-tokens-month-2026-4

#ai #artificial-intelligence #payments #tech #tokens

Visa is burning nearly 2 trillion AI tokens a month — and rewarding employees for building faster

AI usage is surging at Visa, almost doubling in just a few weeks, says its president of technology Rajat Taneja.

Business Insider

Creators can now add PayPal, Venmo, and Pay Later inside Canva designs

PayPal Payment Links are now built into Canva, letting creators turn any design into a ready-to-pay checkout in just a few clicks.

https://gadgetbond.com/canva-creators-paypal-payment-links/

Swiss banks aren’t just testing a franc stablecoin. They’re testing whether domestic banks can shape the next layer of digital money before dollar tokens become the default rail. New piece: https://fintech.industryexaminer.com/swiss-banks-franc-stablecoin-not-dollars/
#Fintech #Stablecoins #Payments #Banking #Switzerland #DigitalMoney #TechNews #IndustryExaminer
EU poised to slash up to €1.5B in funding to Serbia over democracy fears

“We are increasingly worried about what is happening in Serbia,” a candidate to join the EU, Commissioner Kos says.

POLITICO

My question is: is there a payment processor out there that can help with splitting payouts to different people?

I've used Stipe and Paypal before, but it seems like they only support payout to one account.

I'd be interested in a solution that works in Canada, and allows a client to pay for the service, and have the payment be automatically split up and paid out to the designated collective members.

#ConsultingCollective #PaymentProcessing #Stripe #PaymentProcessor #payments #consulting

Capital One pushes deeper into #AI, business payments

Capital One has closed its $5 billion deal to buy business banking fintech Brex.

https://www.americanbanker.com/payments/news/capital-one-closes-brex-acquisition

#FinTech #FinServ #Banking #Payments #PayTech

Capital One pushes deeper into AI, business payments

Closing its Brex acquisition adds a corporate-focused fintech and new agentic commerce tools to an already considerable consumer payments division.

American Banker

How US credit card fees may ebb

The Nilson Report’s publisher explained how competition, merchants and court dynamics are influencing the evolution of interchange fees.

https://www.paymentsdive.com/news/how-us-credit-card-fees-may-ebb/816964/

#FinTech #FinServ #Banking #Payments #PayTech

How US credit card fees may ebb

The Nilson Report’s publisher explained how competition, merchants and court dynamics are influencing the evolution of interchange fees.

Payments Dive

Fiserv, grocer expand pay-by-bank effort

The payments processor said it’s expanding a pilot with the stateside arm of the Dutch grocer Ahold Delhaize to let more U.S. customers pay directly from their banks.

https://www.paymentsdive.com/news/fiserv-grocer-expand-pay-by-bank-effort/816840/

#FinTech #FinServ #Banking #Payments #PayTech