The Latest

  • Visa antitrust debit cards Justice Department monopoly payments
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    Visa debit case turns on market definition, lawyers say

    The card network will argue that the DOJ’s view of the debit card market is too narrow, legal experts predicted as the case heads toward trial.

  • A digital display on a conference trade floor advertising the Federal Reserve's instant payments system FedNow with a person walking past.
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    Lynne Marek/Payments Dive
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    FedNow extension wins support

    Stripe, Visa, Wise and industry trade groups back the Federal Reserve’s plan to expand its instant payment system for cross-border use.

  • Nacha Smarter Faster Payments conference in 2026
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    Lynne Marek/Payments Dive
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    Same-day ACH payments swell in Q2

    Nacha attributes the growth to financial firms’ increasing demand for faster payments.

    B2B
  • stablecoins dollar crypto US Fed policy cross border
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    Opinion

    Opening the Fed’s payment rails

    “Supervision will need to answer practical questions: what operational resilience should be required before a participant touches core payment infrastructure?” wonders an SRM industry consultant.

  • A sign shows the FDIC acronym in the foreground on the left, and glass doors and an FDIC rug in the background to the right.
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    Augustus aims to speed payments

    The company received FDIC approval in its quest to create a bank that moves beyond the legacy approach to settlements. 

  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv flags Clover revenue drop

    The payments processor said a slowdown in the merchant service unit’s hardware sale is negatively impacting results.

  • Bock Cash App financial technology
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    Block explores how to price AI

    Cash App’s parent is focused on customer adoption of its AI tools before deciding how it will monetize those offerings, CEO Jack Dorsey said.

  • Visa Mastercard credit cards interchange fees merchants
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    Column

    Visa, Mastercard join another stablecoin group

    The card networks are keeping their options open with respect to stablecoin communities, locking arms with Circle on its latest effort.

  • Toast restaurants point of sale AI software
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    Toast aims to drive AI into dining

    Most restaurants don’t have time to leverage AI tools, Toast executives say, anticipating profit from helping operators reap efficiencies.

  • Senator Roger Marshall credit card fees
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    Eric Lee via Getty Images
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    Trump backs card bill, again

    The president called card interchange fees a “ripoff” in a social media post backing the Republican co-sponsor of a bill aimed at reducing them.

  • A conference sign that says :FIS: Financial technology for bold ideas'
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    Lynne Marek/Payments Dive
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    FIS seeks to sell parts of capital markets unit

    The banking and payments services company floated the plan to offload pieces of the business after sales declined for that segment.

  • Visa earnings agentic commerce credit cards networks
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    Visa to buy BioCatch for $2.4B

    The card network giant plans to scoop up the Israeli firm to strengthen its defenses in a fight against fraud fueled by artificial intelligence.

  • A Western Union sign
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    Sean Gallup via Getty Images
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    Western Union faces profit drop

    The cross-border payments company’s business has been hurt by U.S. immigration policies, forcing it to embark on a cost-cutting plan.

  • Visa cards lawsuit civil pornography payments
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    Ethan Miller via Getty Images
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    Visa loses bid to dismiss porn lawsuit

    The card network must defend itself against a 2021 lawsuit related to sexual videos of underage minors that were posted on pornography sites.

  • Apple leases Klarna
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    Apple’s installment payments target affordability

    Amid price increases, the iPhone maker’s CEO says a new lease program run by BNPL player Klarna is designed to boost consumers’ ability to buy.

  • CFPB open banking banks Russell Vought fintechs
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    Anna Moneymaker via Getty Images
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    Opinion

    Why fintechs may skirt the US

    “There are clear signs that leading payments players and fintechs may be pulling out of the U.S. to prioritize other, more ‘open banking-friendly’ regions,” writes one financial software executive.

  • A commercial building with large windows; the sign “Capital One Bank” appears in white letters with a red swoosh over a glass entrance.
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    Alamy
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    Capital One provides Discover community investment update

    The bank issued a report last month on progress related to the $265 billion it had committed to invest as part of its bid to buy Discover Financial Services. Charitable organizations working with it offered little support for the statement.

  • stablecoins dollar crypto US Fed policy cross border
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    Stablecoins complement dollar: Fed

    The greenback will retain its dominance as stablecoins increasingly shape cross-border payments, speakers at a Fed conference predicted.

  • Two people walk under a row of flags and next to a sign for the Fifa World Cup.
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    Spencer Platt via Getty Images
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    Visa’s revenue momentum slows

    The card network’s recent revenue growth slowed in July, relative to last year, but customer spending remains healthy, the company said.

  • Pex corporate cards business spending travel expenses compliance PE
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    Pex aims to expand card biz

    The spend-management firm raised money from investors to grow its corporate card and finance software business.

    B2B
  • Venmo PayPal P2P cross border payments
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    Justin Sullivan via Getty Images
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    PayPal leans into financial services

    The company’s CEO said that buy now, pay later and other consumer finance offerings will pump up revenue, but some analysts have doubts.

  • Two cashiers behind the counter of a paper goods store, Penny Post.
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    Dani James/Payments Dive
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    How ISO consolidation persists

    Global Payments and other processors have been gobbling up smaller firms for years, but payments professionals keep forming new ones.

  • Visa Mastercard interchange fee litigation merchants
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    Mastercard bolsters scam defense

    The card network and rival Visa are each pursuing new rules to induce merchants and their banks to join the fight against fraud.

  • Alipay, PayPal, Payoneer, Google pay, Wise, MoMo, GCash, Wechat and M-PESA app icon on screen.
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    Robert Way via Getty Images
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    OCC denies Wise a trust charter

    After the federal agency rejected its U.S. trust charter application, the British fintech plans to submit a new one under the Genius Act framework.

  • American Express business travel
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    John Moore via Getty Images
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    Amex ups marketing, tech spend

    To keep attracting new card holders, American Express is increasing its spending on marketing and technology in the second half of this year.