The Latest

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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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    Sponsored by Rokt

    Turning audience data into an intent channel

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

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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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    George Frey via Getty Images
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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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    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.

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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
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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.

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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.

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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.

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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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    Retrieved from Governor Kathy Hochul/YouTube.
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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.

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    Walmart slams card fee pact, again

    The largest U.S. retailer joined hundreds of other merchants calling a swipe-fee settlement with the card networks inadequate and unfair.

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    Mastercard CFO seeks int’l growth

    The company’s new chief financial officer presented his view of stablecoins, growth and acquisitions at an investment bank conference last week.

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    Klarna props up new Apple phones

    The buy now, pay later company will provide lease financing for a $2,000 phone to U.S. consumers coveting the latest Apple devices.

  • Fiserv sign hangs above conference trade show floor.
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    Lynne Marek/Payments Dive
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    Fiserv’s CEO eyes monetization

    Takis Georgakopoulos is trying to reposition the company so it’s better able to sell its key payments and banking services.

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    Alamy
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    PayPal CEO plans for a ‘fix’

    Can selling financial services to consumers, organizing the business into three units and pursuing acquisitions repair the digital payments pioneer?

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    Justin Sullivan via Getty Images
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    Visa offers data to back onchain lending

    The card network aims to offer settlement and blockchain data so fintechs and card programs backed by stablecoins can better access onchain credit.