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The card network vows to make all of its new cards from recycled plastic by 2028, but even the most ardent digital-first card issuers have met obstacles in finding affordable alternatives to using virgin plastic.
Finaro, Northmill and NMI are joining with the card network to expand contactless payment acceptance via smartphones without add-on hardware.
Circle has proposed using central bank digital currencies as part of a backstop to mitigate the same sort of risk that caused its own coin to lose its peg to the U.S. dollar during the run on Silicon Valley Bank.
Responding to growing competition for merchants' loyalty, PayPal has enabled its small-business customers to accept Apple's mobile wallet, along with other features previously only available to large enterprises.
Pinwheel, which automates the setup of direct deposit at new accounts, endured a brief and unexpected surge in traffic during mid-March's bank runs.