Breaking Industry News
Breaking News articles for June 2026
Kurv report highlights hidden costs of payments fraud
Wednesday, June 03, 2026
Businesses face mounting hidden costs from payments fraud that extend well beyond direct financial losses, according to a recent research report published by Kurv. The report, The Growing Burden of Payments Fraud on SMBs, examines how fraud-related expenses increasingly affect merchant profitability, customer trust and operational efficiency as fraud threats continue evolve across the payments sphere.
Federal ruling gives national banks win in Illinois interchange case
Tuesday, June 02, 2026
A federal district court judge in Chicago dealt a blow to an Illinois law that would prohibit interchange assessments on the tax and tip portions of card transactions. The ruling, by Virginia Kendall, chief justice of U.S. District Court for the Northern District of Illinois, permanently enjoined the state from enforcing the law against national banks, out-of-state state-chartered banks, federal savings associations and payment networks.
Crypto payments gain traction in U.S. online-sports betting
Monday, June 01, 2026
A June 1, 2026, study by Paysafe, “ All the Ways Players Pay: Crypto Edition,” found crypto a popular payment method among U.S. bettors, even in states where crypto deposits are not yet permitted. Commenting on the study, Zak Cutler, president of Global Gaming at Paysafe, predicted that crypto adoption will continue to soar.
