The Latest

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    Corpay mulls asset sales

    The fleet payments company may sell its third-largest payments segment, and it’s already put two non-core vehicle businesses on the sales block.

    B2B
  • software payments Bill Holdings Starboard value hedge funds small business
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    Activist investor targets Bill

    Bill Holdings’ weak revenue growth and sagging stock attracted a prominent hedge fund to buy a large stake in the payments and accounting software firm.

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    Circle K grows fleet payment options

    Alimentation Couche-Tard is partnering with Relay to add more than 500 truck-accessible locations to the fintech company’s network.

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    ra2studio via Getty Images
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    Great Hill raises $7B fund

    The venture capital firm, which has a niche for investing in payments businesses, plans to keep injecting capital into the financial services sector.

  • CFPB open banking banks Russell Vought fintechs Trump cryptocurrency
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    Anna Moneymaker via Getty Images
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    Column

    Open banking looks better with crypto

    After fintechs and crypto bros showed how banks might fetter digital assets, the Consumer Financial Protection Bureau revamped its views of open banking.

  • Fiserv Clover point of sale CardFree mobile ordering payments
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    Bruce Bennett via Getty Images
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    Fiserv buys CardFree for hospitality expansion

    The company said it acquired the California startup that focuses on restaurant and hotel payment systems to expand its Clover point-of-sale business.

  • A close-up of a paper pay slip with tax and pension information.
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    tattywelshie via Getty Images
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    Opinion

    Earned wage access should be free

    “This industry simply cannot continue to charge employees to access their pay,” writes a fintech founder. “We cannot expect employers to deduct these fees from paychecks through payroll.”

  • Chase Bank sign on Broadway New York
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    Michael M. Santiago via Getty Images
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    Chase flags end of gov’t checks

    The JPMorgan bank says it’s striving to make branch customers aware of the federal government’s plan to stop sending paper checks next month. Some consumer advocates are still worried.

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    Q2 credit card charge-offs fell

    Increased consumer incomes led to a drop in net charge-offs and delinquency rates for U.S. bank credit cards in the second quarter, a new report says.

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    Michael M. Santiago via Getty Images
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    Local governments press online payments

    To avoid paper checks, cities and counties are pushing residents to use online card and ACH payments, according to industry executives.

  • Close-up of a smartphone screen displaying the Google Wallet app interface, with a fingertip hovering above it, indicating user interaction.
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    Alamy
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    How Nokia, AT&T fight mobile fraud

    Telecom companies are stepping up their efforts to help financial institutions and payments players reduce phone-related fraud.

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    Permission granted by Amazon.

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    Visa ramps new fraud prevention program

    The card giant has merged its fraud prevention and dispute management programs, forcing merchants and their bank card processors to take more responsibility for thwarting misconduct.

  • Klarna IPO BNPL buy now pay later Sebastian Siemiatkowski
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    Klarna to raise as much as $1.27B

    The buy now, pay later behemoth is ready to proceed with its public stock offering after it first filed for an initial public offering in March.

  • A logo of Square, inc. is displayed on a metal sign tht is positioned infront of a commerical building.
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    Alamy
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    Square unveils new product roadmap

    Block’s point-of-sale unit offered a public glimpse of new features from its product schedule last week, with a request for customer feedback.

  • deepfakes deepfake porn images state AGs online photos
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    Chip Somodevilla via Getty Images
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    AGs attack deepfake porn payments

    Apple, Visa and others must be “more aggressive” in banning payment authorization for nonconsensual content, state AGs told the companies.

  • Aerial view of mobiel phone cell tower over forested rural area of West Virginia to illustrate lack of broadband internet service.
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    BackyardProduction via Getty Images
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    Innovative Systems acquired by investment firm

    The South Dakota billing and payments software company was purchased by the Chicago private equity firm GTCR.

  • Walmart employee with two crates on a dolly outside of someone's home
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    Retrieved from Walmart.
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    EWA players seek federal oversight

    A trade group representing earned wage access providers backs introduction of a bill outlining federal oversight for the emerging industry.

  • HUD BNPL buy now pay later lending mortgages housing consumer credit
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    Kent Nishimura via Getty Images
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    BNPL firms urge HUD to skip new rules

    Regulators need greater insight into the impacts of buy now, pay later lending, multiple groups said in their comments to U.S. housing officials.

  • CFPB Russell Vought
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    Anna Moneymaker via Getty Images
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    CFPB proposes trimming nonbank purview

    A CFPB rule proposed Tuesday would restrict the bureau’s ability to supervise nonbanks. The agency said it aims to adopt a binding, standardized definition of “risks to consumers” that would make enforcement consistent.

  • A close up of a man's hand holding a phone displaying a conversation with a chatbot.
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    ArtMarie via Getty Images
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    Worldpay rewires for bot shoppers

    The processor aims to prepare its merchant clients for the opportunities and risks of AI-driven agentic shopping.

  • medical healthcare payments dentists Fiserv Rectangle Health
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    Sean Gallup via Getty Images
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    Healthcare payments have slowed, CEO says

    Doctors and dentists have been unable to grow their revenue as inflation and interest rates cause patients to reduce their visits, the CEO of Rectangle Health says.

  • cross-border payments trade stablecoins B2B
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    Cheng Xin via Getty Images
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    Stablecoins set to transform cross-border payments

    The search for faster and cheaper global payments is leading many companies to consider the use of stablecoins for remittances.

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    SARINYAPINNGAM via Getty Images
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    Payments investments, acquisitions slid in H1

    Investments in the payments sphere plummeted for the first half of the year, as did acquisitions in the area, according to a KPMG report.

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    Permission granted by Clayco
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    Will payments be ‘quantum safe’ by 2035?

    The federal government and industry organizations warn that fraudsters could use the advanced technology to hack into payments systems.

  • A hand holding an iPhone showing the Apple Pay setup screen. The interface displays a Mastercard graphic with instructions for adding a card, and the phone is partially in its packaging against a warm yellow background.
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    Alamy
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    US consumer trust in digital payments lags globally

    Consumers in the U.S. are less trusting than those in other countries when it comes to using digital tools to make payments, according to a fintech study.