Michael P. Lyons Assumes Leadership of Fiserv as Chief Executive Officer

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. Lyons assumed the position upon the confirmation of Frank Bisignano, Fiserv’s prior CEO, as Commissioner of the Social Security Administration. Lyons also joins the Fiserv Board of Directors. “For more than 40 years, Fiserv has been a transformative force in financial technology driven by innovation and...

Alipay Reports Surge in Travel Spending During 2025 Labor Day

The top destinations for outbound Chinese travelers based on total Alipay spending are Hong Kong SAR, Japan, Macao SAR, South Korea, Thailand, Malaysia, Singapore, France, Canada, and Italy. Inbound travel to China saw a remarkable boost, with both the number of transactions and total spending by travelers using their 13 home e-wallets supported by the Alipay+ solution rising by over 100% year-on-year. Data from Alipay and other Alipay+ partner payment apps indicates a notable increase...

Wirex Named Finalist at the ICA Compliance Awards Europe 2025

Wirex, a global leader in digital payments and Web3 money solutions, has been selected as a finalist for the “Compliance Culture Initiative of the Year” at the International Compliance Association (ICA) Compliance Awards Europe 2025. Wirex’s nomination is a direct result of its strategic investment in a compliance-first culture, supported by an experienced global compliance team and enterprise-grade risk management systems. Pavel Matveev, Co-Founder of Wirex, commented: “Wirex was founded on the belief that financial freedom should...

CapyFast and Bidwise forms strategic partnership

At PI Live US, CapyFast, the embedded payments provider for digital commerce, and Bidwise, a performance marketing platform, have announced a new strategic partnership. This collaboration aims to transform payments flow across the performance marketing — making it faster, cheaper, and more intelligent. The agreement signed today, formalized in a Memorandum of Understanding, is expected to bring over $40 million in payment volumes to CapyFast and millions in available working capital for Bidwise. The cooperation will cover integrating real-time...

PayPal, Coinbase Partner to Boost Stablecoin Innovation

PayPal Holdings, Inc. (NASDAQ: PYPL) and Coinbase Global, Inc. (NASDAQ: COIN) today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to utilize digital currencies across platforms and borders with the stability of regulated USD-denominated crypto-native assets. “For years, we’ve worked with Coinbase to enable a best-in-class integration to provide a simple, familiar way for PayPal users to fund crypto purchases on Coinbase....

European Shoppers Open to Faster Payments, Trust Still Key

Europeans are increasingly willing to switch online payment methods to access greater speed, convenience and security when shopping, new research from leading European financial technology provider, payable, finds. More than half (53%) of consumers are open to switching to newer payment methods, with nearly a third (30%) willing to do so for a faster checkout process. However, while convenience and speed are major drivers for the take-up of new payment methods, the findings show that...

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