AI takes on bill payments

Paymentus CEO Dushyant Sharma explained how his company is using AI to make paying bills digitally more efficient.

Block courts teen app users

The company announced a focus on keeping its youngest customers on Cash App to secure future growth for the platform.

Judge vacates debit fee regulations

The federal court ruling potentially forces the Federal Reserve to revisit rules on fees banks can charge merchants when consumers swipe debit cards.

Court approves Mastercard settlement

The card network entered the agreement to settle a proposed class action that alleged it discriminated against Black, Hispanic and female employees by underpaying them.

Updated Aug. 11, 2025

Big bank moves threaten innovation

That threat extends to American leadership, but the Trump administration can address it in a revised open banking rule, trade group leaders say.

Shift4 faces CFO, board departures

The payment processor’s CFO will step down and join the board, while the company founder’s father said he will resign from the board.

Global Payments mulls more divestitures

The mega processor may sell assets after the Worldpay purchase revised its outlook. The company also expects Trump tax benefits.

FIS lines up acquisitions

After quietly buying Everlink, the payments processor has plans for more acquisitions “shortly,” the CEO said.

Georgia bank charter attracts two more takers

One payments company has applied for the special acquirer credential and another has expressed interest, a state official said.

Will JPMorgan take a bigger bite of Apple?

If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.

When will you be able to buy a pizza with stablecoin?

The Genius Act is law. Here’s how 5 professionals in the payments industry view prospects for the digital currency becoming a daily payment option.

Finzly CFO seeks ‘connectivity’

As the first CFO for the payments infrastructure provider, software alum Adam Carson aims to upgrade the finance role from a "backseat function."

Mastercard backs open banking

The card network’s CEO favors the worldwide open banking trend, and predicts it will be a “winning proposition over time.”

Shuffle: Finzly, Bitcoin Depot and PayIt

Fintech companies made new CFO and other executive appointments last month as they brace for economic and regulatory headwinds.

Visa denies DOJ debit card allegations

The largest card network said it doesn’t have a monopoly in the debit card market and that its agreements don’t pay others to avoid competing.

Payroc scoops up another peer

The suburban Chicago payments processor nabbed payments orchestration firm BlueSnap as the latest purchase in its acquisition streak.

EWS schools Zelle users on fraud

The company has locked arms with a national nonprofit to educate consumers about fraud and scams on the peer-to-peer payments tool.

PayPal embarks on $300M restructuring

The digital payments company has begun to log expenses for a “large-scale initiative” to overhaul its technology infrastructure, including job cuts.

Block takes aim at Google, Apple

The company’s new Cash App group payments feature lets users pool money with transfers from Apple Pay and Google Pay. That could allow it to poach customers from the rivals.

Ramp raises $500M to rush AI

The fintech has amassed $700 million in funding over two months as it tries to capitalize on corporate finance’s adoption of artificial intelligence.

Wise shareholders vote to move primary listing to US

One of the money transfer company’s co-founders criticized the stock listing move to New York from London.

Visa tailors stablecoin strategy

CEO Ryan McInerney expects the digital assets to be beneficial in emerging markets where the network’s digitization efforts have faced difficulties.

CFPB to revise open banking rule

The Consumer Financial Protection Bureau said Tuesday it will “substantially” revise the 2024 Biden-era open banking rule that drew a lawsuit from banks.

Capital One delivers few details on $265B community plan

A year after touting a community investment proposal as part of an effort to acquire Discover Financial, the card issuer has yet to lay out program specifics.

Bilt’s new cards expand options

The points-for-rent loyalty company is retooling its credit card lineup and terms with a new partner, Cardless, and moving into more areas of housing payments.