payment providers

Labcorp has reached a settlement over a data breach that includes $100,000 allocated to North Carolina, according to reporting from WHKY. The payment is part of a broader resolution addressing the exposure of customer information in the breach. Details on the total settlement size, the number of affected individuals, and how the funds will be used have not been provided in the available reporting.

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.

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.

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.

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.

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.

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.