The Latest

  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    Affirm boasts 2 million debit cards

    The number of such cards the buy now, pay later provider has now made available is an increase of about 600,000 cards since January.

  • Fiserv's headquarters in downtown Milwaukee
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    Permission granted by Fiserv
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    Fiserv CEO embraces stablecoins

    The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.

  • open banking CFPB regulations fintechs FTA
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    Chor muang via Getty Images
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    Q&A

    FTA CEO says open banking central to fintechs’ work

    The leader of the Financial Technology Association sees a federal court battle over the Consumer Financial Protection Bureau rule as critical to innovation.

  • Circle at ringing of NYSE bell following June 2025 IPO
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    Courtesy of Courtesy of Circle
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    Opinion

    GENIUS Act is just the beginning

    “The bill tackles the fundamental question that has paralyzed our industry: what exactly is a stablecoin, and who gets to regulate it?” writes one Tulane University professor.

  • Lori's Gifts is a chain of gifts shops that use checkout-free payments systems
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    Permission granted by Lori's Gifts
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    Deep Dive

    Checkout-free payments may yet rise

    Rapidly advancing artificial intelligence could let cashierless payment companies succeed where Grabango failed, industry insiders and observers say.

  • A sign on building reads "Walmart Home Office"
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    iStock Editorial / Getty Images Plus via Getty Images
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    Walmart taps Mastercard, Synchrony for new cards

    The retail juggernaut’s OnePay affiliate is working with the card issuer and the network to launch general purpose and private label credit cards later this year.

  • Wex CEO and chair Melissa Smith
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    Permission granted by Wex
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    Wex eyes HSA benefit from budget amid pressure

    The payments software company may get a boost if the U.S. budget allows for more consumer health savings accounts. It could use a lift, given recent shareholder dismay.

  • Fiserv's headquarters in downtown Milwaukee
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    Permission granted by Fiserv
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    Fiserv buys out AIB Merchant Services

    The payments processor’s deal to buy the ownership stake that it doesn’t already own is expected to give it a stronger foothold in Europe.

  • Person stands in small store behind counter with American Express signage.
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    Eamonn M. McCormack via Getty Images
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    Amex leans into B2B payments

    The card company aims to spur more business spending by corporate clients to buttress volume in the face of a possible recession.

  • Construction workers lift materials on a jobsite.
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    urbazon via Getty Images
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    Opinion

    Don’t Turn Back the Clock on earned wage access

    The Consumer Financial Protection Bureau “should settle this issue once and for all by issuing an expanded (EWA) advisory opinion,” writes a trade group leader.

  • fintech graphic
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    Getty Images/Staff via Getty Images
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    Payments sector called “indisputable winner”

    Providers of payments services generated about a third of the $378 billion in global fintech revenue last year, according to a new report. The sector is poised for more growth with AI innovation.

  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Shift4 appoints new CEO

    The digital processor named Taylor Lauber to the post and appointed founder Jared Isaacman as executive chairman, a Thursday regulatory filing said.

  • Visa cards are fanned out on table
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    Justin Sullivan / Staff via Getty Images
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    Visa picks value-added services head

    The global card network is shuffling its executive leadership as it bolsters efforts to sell ancillary software and advisory services.

  • Several workers walking out of the front of PayPal offices
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    Justin Sullivan via Getty Images
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    Bill taps PayPal veteran as CFO

    Rohini Jain is set to become Bill’s finance chief in July, replacing John Rettig who will assume the role of president and chief operating officer.

    B2B
  • Person stands outside building in front of ATM with things in his hands and plastic bag at his feet, with two people walking by behind.
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    Niccolo Guasti via Getty Images
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    MoneyGram CEO targets digital remake

    Anthony Soohoo is tackling a digital transformation of the legacy cross-border payments company, leaning on experience at Walmart and Apple.

  • The wellness tourism sector is growing, with hotel guests wanting more wellness-oriented amenities like spas.
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    Ethan Miller via Getty Images
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    Why BNPL appeals to salons

    The buy now, pay later option attracts more customers and leads to bigger spending, asserts a payments software executive.

  • Jared Isaacman standing in a corporate office.
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    Courtesy of Shift4
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    Shift4 CEO likely to keep post

    Jared Isaacman was dropped by the Trump administration as a nominee to head NASA, and analysts expect he will remain at the payments processor.

  • A United Airlines aircraft lifts off the tarmac.
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    Scott Olson via Getty Images
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    Airlines decry proposed card amendment

    Airline and aviation industry stakeholders argue the Marshall-Durbin amendment to the GENIUS Act bill would harm consumers and workers by undercutting credit card revenue.

  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    CFPB seeks to end open banking case

    The Consumer Financial Protection Bureau and its former court foes are now in agreement: an open banking rule shouldn't be considered lawful.

  • Exterior of the state capitol of Illinois in Springfield, IL
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    rruntsch via Getty Images
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    Illinois delays interchange law

    Over the weekend, the state’s legislature voted to delay implementation of a law that would ban card interchange fees on tips and taxes.

  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    Baltimore drops lawsuit over CFPB’s move to return funds

    Bureau leadership found there was no mechanism to transfer money the Federal Reserve had given the agency. Consumer advocates warned they could sue again if the CFPB tries again to defund itself.

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    Peter_Cho via Getty Images
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    Conduit, Palla raise cross-border capital

    The startups, which both offer cross-border payments, each closed on major capital-raising efforts this week.

  • Kenny Wyatt, Pushpay
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    Permission granted by Pushpay
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    Q&A

    Pushpay targets church payment niche

    The company caters to churches and other nonprofits, smoothing the channels to take in donations in various forms, including cryptocurrencies.

  • Wes Moore speaks at a podium
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    Chip Somodevilla via Getty Images
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    Maryland passes EWA law

    The state’s governor allowed an earned wage access bill to become law, over the objections of some consumer groups, including AARP.

  • Ria sign in convenience store window
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    Permission granted by Lynne Marek
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    Remittance tax draws fintech pushback

    The budget bill proposal moving through Congress would levy a tax on cross-border money transfers. That has prompted “strong concern” from one fintech organization.