The Latest

  • A California state flag flies in San Francisco
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    Q&A

    States will play key role in regulation: Mallik

    A former top California regulator pointed to the importance of states in future regulation of the financial services industry, including in payments areas.

  • CFPB open banking banks Russell Vought fintechs
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    CFPB deluged with open banking comments

    Banks and fintechs aired their arguments regarding the federal agency’s proposed revision of a rule on sharing consumer data.

  • Exterior view of a PNC Bank branch with a revolving glass door. The building facade has large vertical columns. The PNC Bank sign features a blue and orange color scheme above the entrance.
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    Alamy
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    PNC, Capital One embrace FedNow

    PNC and Capital One, two major financial institutions that hadn’t yet joined the Federal Reserve’s instant payments system, are ready to do so.

  • A cook cuts onions in the kitchen at Ben's Chili Bowl on August 22, 2022 in Washington, DC.
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    Anna Moneymaker via Getty Images
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    Shift4 to buy Worldline subsidiaries

    The payment processor said acquiring the North American businesses will add 140,000 new merchant customers to its roster.

  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive
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    Waller floats ‘skinny’ Fed account

    Federal Reserve Gov. Christopher Waller proposed the central bank’s staff explore creating a limited payments account that might be suited to fintechs.

  • Paxos Trust CEO stablecoins cryptocurrency
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    Win McNamee via Getty Images
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    Stablecoins must become simple: panel

    To become widely used, the cryptocurrency needs to work as easily as other currencies, a panel of stablecoin experts said.

  • Federal Reserve Gov. Michael Barr stablecoins regulation financial stability
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    Kevin Dietsch via Getty Images
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    Stablecoin risks abound: Barr

    To make stablecoins viable, regulators implementing the Genius Act must impose protective guardrails, Federal Reserve Gov. Michael Barr told a fintech conference.

  • Fiserv's headquarters in Milwaukee
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    Fiserv, Block turn to crypto

    Settling transactions with digital currencies could save processors and merchants money on payments by cutting out bank and card network fees.

  • Digital payment
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    US payments systems mushroom

    The Clearing House, Nacha and FedNow all marked expansions for their payments systems over the past month.

  • A close up picture of an American Express credit card.
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    Amex downplays shutdown impact

    The card network’s premium customers are still spending, even as the economy faces persistent inflation and a government shutdown, company executives said in an earnings call.

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    Stablecoins may reshape payments

    CFOs need to turn stablecoin “a little on its head” to get a transparent view of where the assets can sit inside their organizations, EY’s Clare Adelgren said.

  • Focused millennial business man checking paper reports
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    Bill to cut workforce by 6%

    The bill payments company is cutting about 140 jobs as it comes under pressure from activist investors, including Starboard Value.

  • billing subscription revenue global fintechs Airwallex
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    Andrey Popov via Getty Images
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    Airwallex plots bigger US presence

    The payments platform will use its recent acquisition of U.S. startup OpenPay to build out a billing platform in the Americas.

  • Federal Reserve Chair Jerome Powell.
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    Fed to boost payments services’ days of operation

    The Federal Reserve plans to have the Fedwire Funds Service and the National Settlement Service operate on Sundays, but not until several years from now.

  • Bobby Leibrock
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    Q&A

    Inside Bobby Leibrock’s first 100 days at ACI

    The former IBM and Red Hat executive discusses why collaboration, motivation and curiosity are the pillars of his approach to this new CFO role.

  • an AI logo superimposed over an image of a man typing on a laptop
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    Basis Theory raises $33M

    The San Francisco-based payments infrastructure startup to pour additional capital into its agentic AI capabilities.

  • Credit card logos stickers showing on outside of restaurant window.
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    Scott Olson via Getty Images
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    Visa, Mastercard reach settlement with merchants

    The card networks agreed to pay $199.5 million to settle a class action in which a pack of small merchants alleged they shouldn’t have shouldered liabilities for rejected credit card transactions.

  • President Donald Trump sits at desk with pen in hand.
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    Win McNamee via Getty Images
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    Crypto use trending down, says Kansas City Fed

    A survey from the Federal Reserve Bank of Kansas City cast doubt on the notion that more U.S. consumers will adopt cryptocurrency for payments, even after a new law eased the path to crypto use.

  • The Office of the Comptroller of the Currency's seal hangs on a brick building.
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    Stripe’s Bridge applies for national trust charter

    The stablecoin infrastructure firm joins a growing list of crypto-native firms, including Coinbase and Circle, that have applied for an OCC charter this year.

  • Visa cards are fanned out on table
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    Justin Sullivan / Staff via Getty Images
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    Visa’s revised card fee system may jolt merchants

    The card network giant will begin demanding more data from merchants this week in exchange for discounts, but it may come as a shock to some.

  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    Affirm to offer interest holiday

    The company’s customers will have a chance to take out loans with 0% APR for three days next week as the holiday shopping season gets under way.

  • The Federal Reserve building at sunset.
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    Fed appeals debit fee ruling

    The Federal Reserve gave notice that it’s appealing a court ruling that invalidated its regulations governing debit card fee caps.

  • CFPB open banking banks fintechs fees
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    Andrey Popov via Getty Images
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    Open banking also helps banks: Fintechs

    Financial technology firms are trying to rally support for U.S. open banking as regulators gather comments to inform a revised rule.

  • The Bank of America logo is displayed on a sign in front of a Bank of America office on July 16, 2025 in Sunnyvale, California.
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    Justin Sullivan / Staff via Getty Images
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    Bank of America fires up AI payments assistant

    AskGPS was trained on more than 3,200 internal documents by the company’s in-house engineering team and rolled out last week.

  • The Federal Reserve building is seen January 22, 2008 in Washington, DC. People walk by.
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    Chip Somodevilla via Getty Images
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    Opinion

    How to unleash innovation and competition in payments

    “Give digital payments companies a path to directly access the Federal Reserve’s systems through a limited-purpose payments bank charter,” writes one former top legal executive.