The Latest

  • Fiserv's headquarters in Milwaukee
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    Fiserv CEO orders major changes

    The processor replaced its CFO and added new directors as it seeks to revamp after a management review and troubled quarter revealed deep weaknesses.

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    Adobe Stock / Jacob Lund

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    Sponsored by Marqeta

    The power of AND: Redefining payments for innovators

    Redefine payments by building experiences that are reliable, flexible, and ready to scale.

  • A person holds a phone at a table; the Paypal logo is on the screen.
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    Alamy
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    PayPal spots ‘softer’ consumer spending

    The digital payments pioneer pointed to consumers’ smaller purchases in the third quarter, and sees the trend continuing.

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    Sam Silverstein/Payments Dive
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    BNPLs intrude on banks’ turf

    The buy now, pay later industry is increasingly offering services that are the purview of banks, such as deposit accounts and debit cards.

  • agentic AI commerce AI retailers digital shopping online retail
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    Nazar Rybak via Getty Images
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    Agentic AI raises liability issues

    Payments companies seek ways to address problems with AI agents making mistakes when shopping for consumers.

  • Klarna BNPL debit cards recurrent revenue subscriptions banks
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    Spencer Platt via Getty Images
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    Klarna touts perks to take on banks

    The buy, now pay later company is adding airport lounge access and magazine subscriptions to its monthly memberships to lure more customers.

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    Getty Images
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    Shoppers to tap BNPL for holidays

    Affordability and budget control are the top reasons U.S. consumers are using buy now, pay later services, according to a PayPal survey. 

  • Person sits holding phone on lap with display of earned wage access site.
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    George Walker/AP

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    Deep Dive

    EWA chases regulatory clarity

    The evolving earned wage access industry continues to be buffeted by federal regulatory upheaval, divergent state approaches and legal battles.

  • Person holds a phone that shows Buy with Prime and PayPal.
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    Courtesy of Amazon
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    PayPal, Mastercard advance agentic strategy

    The digital payments pioneer and card behemoth are locking arms to add agentic e-commerce shopping options.

  • Zelle Early Warning payments
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    Zelle parent pursues crypto for international payments

    The peer-to-peer money transfer company said it will leverage stablecoins to let users send money across borders.

  • A California state flag flies in San Francisco
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    Q&A

    States will play key role in regulation: Mallik

    A former top California regulator pointed to the importance of states in future regulation of the financial services industry, including in payments areas.

  • CFPB open banking banks Russell Vought fintechs
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    Anna Moneymaker via Getty Images
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    CFPB deluged with open banking comments

    Banks and fintechs aired their arguments regarding the federal agency’s proposed revision of a rule on sharing consumer data.

  • Exterior view of a PNC Bank branch with a revolving glass door. The building facade has large vertical columns. The PNC Bank sign features a blue and orange color scheme above the entrance.
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    Alamy
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    PNC, Capital One embrace FedNow

    PNC and Capital One, two major financial institutions that hadn’t yet joined the Federal Reserve’s instant payments system, are ready to do so.

  • A cook cuts onions in the kitchen at Ben's Chili Bowl on August 22, 2022 in Washington, DC.
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    Anna Moneymaker via Getty Images
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    Shift4 to buy Worldline subsidiaries

    The payment processor said acquiring the North American businesses will add 140,000 new merchant customers to its roster.

  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive
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    Waller floats ‘skinny’ Fed account

    Federal Reserve Gov. Christopher Waller proposed the central bank’s staff explore creating a limited payments account that might be suited to fintechs.

  • Paxos Trust CEO stablecoins cryptocurrency
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    Win McNamee via Getty Images
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    Stablecoins must become simple: panel

    To become widely used, the cryptocurrency needs to work as easily as other currencies, a panel of stablecoin experts said.

  • Federal Reserve Gov. Michael Barr stablecoins regulation financial stability
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    Kevin Dietsch via Getty Images
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    Stablecoin risks abound: Barr

    To make stablecoins viable, regulators implementing the Genius Act must impose protective guardrails, Federal Reserve Gov. Michael Barr told a fintech conference.

  • Fiserv's headquarters in Milwaukee
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    Fiserv, Block turn to crypto

    Settling transactions with digital currencies could save processors and merchants money on payments by cutting out bank and card network fees.

  • Digital payment
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    US payments systems mushroom

    The Clearing House, Nacha and FedNow all marked expansions for their payments systems over the past month.

  • A close up picture of an American Express credit card.
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    Getty Images
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    Amex downplays shutdown impact

    The card network’s premium customers are still spending, even as the economy faces persistent inflation and a government shutdown, company executives said in an earnings call.

  • Hand of businessman using smart phone with coin icon
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    Getty Images
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    Stablecoins may reshape payments

    CFOs need to turn stablecoin “a little on its head” to get a transparent view of where the assets can sit inside their organizations, EY’s Clare Adelgren said.

  • Focused millennial business man checking paper reports
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    fizkes via Getty Images
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    Bill to cut workforce by 6%

    The bill payments company is cutting about 140 jobs as it comes under pressure from activist investors, including Starboard Value.

  • billing subscription revenue global fintechs Airwallex
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    Andrey Popov via Getty Images
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    Airwallex plots bigger US presence

    The payments platform will use its recent acquisition of U.S. startup OpenPay to build out a billing platform in the Americas.

  • Federal Reserve Chair Jerome Powell.
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    Fed to boost payments services’ days of operation

    The Federal Reserve plans to have the Fedwire Funds Service and the National Settlement Service operate on Sundays, but not until several years from now.

  • Bobby Leibrock
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    Permission granted by Bobby Leibrock
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    Q&A

    Inside Bobby Leibrock’s first 100 days at ACI

    The former IBM and Red Hat executive discusses why collaboration, motivation and curiosity are the pillars of his approach to this new CFO role.

  • an AI logo superimposed over an image of a man typing on a laptop
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    Getty Images
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    Basis Theory raises $33M

    The San Francisco-based payments infrastructure startup to pour additional capital into its agentic AI capabilities.