The Latest

  • Apple Pay payment card issuers transaction fees mobile devices
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    Apple lawsuit becomes class action

    The tech giant could face claims from thousands of card issuers that paid Apple Pay fees for payments made via Apple’s devices as part of a California lawsuit.

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    Sponsored by Rokt

    Turning audience data into an intent channel

    Turn financial data into an intent channel that creates value across the commerce ecosystem.

  • Common Cents Act pennies merchants cash
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    Senate passes Common Cents bill

    The measure to provide merchants a cash rounding framework, and to formally phase out the penny, now heads to the White House.

  • Stripe CEO Patrick Collison entrepreneurs startup John Collison fintech
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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.

  • Customer making contactless payment
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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.

  • Trump Federal Reserve payments financial technology
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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&A

    FIDO wrestles with agentic trust

    The industry consortium and payments players are considering standards for agentic commerce, particularly for verifying identity.

  • Keynote session at Groceryshop
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    Peyton Bigora/Payments Dive
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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.

  • checks payments paper small business B2B
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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.

  • A close-up shot of an older person holding a mobile phone.
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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.

  • Adyen headquarters office building in Amsterdam
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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.

  • digital identification consumer fraud payments mobile phones AI scams
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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.

  • Amazon fulfillment center
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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.

  • Businesswoman checks online invoice
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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.

    B2B
  • Visa Mastercard interchange fee litigation merchants Brooklyn federal court
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    Merchants 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.

  • Money currency exchange business in Iraq.
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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.

  • fraud ID theft mobile phones technology biometrics
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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.

  • An image of a speaker box on a blue background. The words "Toast" and "Presto" hover over the box.
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    Permission granted by Presto Phoenix
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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.

  • Tractor-trailers parked next to a Sunoco fueling station on I-90 eastbound.
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    David Taube/Payments Dive
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    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.

  • Stripe digital wallets Link retail shopping artificial intelligence agentic commerce PayPal
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    Lynne Marek/Payments Dive
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    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.

  • An admissions and financial aid sign.
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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.

  • MoneyGram logo displayed on a building facade in Tirana, Albania, on June 4, 2022. The logo features a red circular icon with a white arrow, symbolizing global money transfers.
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    Alamy
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    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.

  • The dome of the U.S. Capitol building is shown with a U.S. flag flying on the roof.
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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.

  • Visa Mastercard interchange fee litigation merchants lawsuits Chicago Grubhub
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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.