The Latest
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Stripe alums spark new payments plays
The digital processor has become a founders’ factory with former employees seeding startups across the financial technology field.
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Sponsored by AdyenHow embedded finance is redefining the role of SaaS platforms
Embedded finance is the new SaaS moat. Learn how to turn payments into a core revenue engine.
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Payment revenue growth to slow
The rate of payments-related revenue growth in North America, and globally, will slow in the next four years, a major consulting firm predicts.
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Fed proposes stablecoin rules
The regulations aim to make these digital assets “foster payments improvements that benefit households and businesses,” Federal Reserve Gov. Michael Barr said.
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Q&AFIDO wrestles with agentic trust
The industry consortium and payments players are considering standards for agentic commerce, particularly for verifying identity.
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Kroger’s AI focus is on ‘flexibility and control’
From bridging the digital and physical shopping worlds to further ramping effective personalization, the grocer’s chief digital officer delved into the company’s priorities.
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ACH use rises for B2B payments
The automated clearing house payments have multiplied to overtake paper checks as the most popular form of business-to-business payments, according to a new Federal Reserve report.
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Moov adds P2P competition
Using Mastercard and Visa’s digital infrastructure, the tool facilitates peer-to-peer payments without requiring both parties to have the same app.
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Adyen snaps up Klarna CFO
The Dutch digital payments processor has hired Niclas Neglen as its new chief financial officer, but he won’t join until next year.
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How digital IDs may battle fraud
Americans are vulnerable to identification and payment frauds because the U.S. has been slow to adopt digital identification, two Congress members said.
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Amazon blocks Meta’s AI shopper
The e-commerce giant said Meta had failed to notify it about the Muse agent accessing its retail site to make purchases on behalf of consumers.
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Ramp tackles accounts receivable
“Finance teams today spend too much time chasing payments for outstanding invoices,” Ramp’s chief product officer said.
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Pentair picks up ex-Fiserv CFO
Former Fiserv CFO Bob Hau is stepping into Pentair’s top finance seat as it seeks to close a $1.4 billion acquisition of Taco Group.
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ColumnMerchants call card-fee pact unconstitutional
Walmart and other retailers argue that forcing them to stay in a swipe-fee settlement class violates their due process rights.
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PayCompass, Simpay and Exectras come together
The three payments companies have formed a new processing venture that also sells healthcare services to merchants.
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Cross-border contest heats up
Technological innovation has enabled fintechs to carve out a beachhead in cross-border payments, but banks still have cards to play.
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Mastercard, Google push past passwords
The card network and the tech titan aim to reduce the need for one-time passwords and catalyze more use of biometric payments.
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Toast aims to scale drive-thru AI
The artificial intelligence company Presto is joining the point-of-sale firm’s ecosystem, seeking to ease restaurants’ use of a voice-order tool.
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David Taube/Payments Dive
FleetCor enters $100M settlement
The fuel card company, now known as Corpay, and its CEO agreed to pay the Federal Trade Commission $100 million to settle an action over fees.
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Lynne Marek/Payments Dive
Stripe’s wallet embraces AI bots
The payments giant has recently integrated its Link digital wallet for consumers with personal AI agents from Meta, xAI and other AI players.
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Scammers fake student identities to siphon aid payments
The Financial Crimes Enforcement Network is warning payment processors and financial institutions “to be vigilant” of the fraud schemes.
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Alamy
MoneyGram taps stablecoin ally
The cross-border company and its rival Western Union are both working with Signify Holdings, aka Rain, to power new digital currency ventures.
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Clarity Act bill stumbles
A measure to regulate crypto assets and stablecoin payments failed in the Senate. Regulators now may have to forge a blueprint for the sector.
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Visa, Mastercard settle Grubhub case
The final settlements in a federal lawsuit over credit card swipe fees, led by the food delivery company, came on the eve of a trial in Chicago.
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House passes Common Cents bill
The bill officially ends minting of pennies and allows merchants to round to the nearest nickel, though the coins are already out of production. It’s the second time the chamber has taken up such legislation.
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Trade groups knock BNPL rules
The American Fintech Council argues that New York’s proposed buy now, pay later rules could slash credit available to the state’s consumers.
