The Latest

  • Many pennies.
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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.

  • Woman in green suit at a podium with microphones with the seal of the state of New York behind her.
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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.

  • Visa Mastercard interchange fee litigation merchants Brooklyn federal court Walmart
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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.

  • payment rails credit cards networks Visa Mastercard
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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.

  • Klarna Apple leasing consumer finance iPhones devices BNPL
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    Benjamin Fanjoy via Getty Images
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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.

  • A large Paypal logo and sign are seen from a low angle, and a commercial building entrance is behind it.
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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?

  • Visa blockchain cryptocurrencies financing fintechs
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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.

  • President Donald Trump stands in convention venue with backdrop of people holding American flag posters.
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    Andrew Harnik via Getty Images
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    Trump pledges card fee cuts, again

    The president reiterated his support for policies to cut fees associated with credit cards, noting the charges are a burden for consumers.

  • Zip earned wage access BNPL consumers lower income inflation rent
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    Zip explores an EWA play

    The buy now, pay later company may start a U.S. earned wage access service as an “income-smoothing” complement to its business.

  • Circle at ringing of NYSE bell following June 2025 IPO
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    Courtesy of Courtesy of Circle
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    Circle buys Tazapay for $400M

    The stablecoin issuer will gain new payment rails and bank relationships via the Singapore-based cross-border payments firm.

  • Header image for "World Bank Cuts 2022 Global Growth Forecast"
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    Visa builds business abroad

    The card network has entered a partnership with an international lender in emerging economies to fuel demand for digital payments around the world.

  • Federal Trade Commission enforcement payment processing Humboldt merchants ISO
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    Processor pays $12M to settle ‘sham’ merchant case

    ISO Humboldt Merchant Services agreed to settle a Federal Trade Commission lawsuit that alleged it processed fraudulent payments.

  • Block bank charter Jack Dorsey fintechs OCC
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    Joe Raedle via Getty Images
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    Block seeks OCC bank charter

    Cash App’s parent is joining a parade of fintechs seeking to become national banks as the Office of the Comptroller of the Currency allows more leeway for such licenses.

  • 100 dollar bills with green streaks spiraling around them and 0s and 1s in the background
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    RTP, Fed race on fast payments

    While The Clearing House’s RTP network races with the Federal Reserve’s FedNow system, the U.S., overall, lags on speedy payments.

  • Nuvei FTC payment processing fraud consumers
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    Nuvei pays $4.9M to settle FTC case

    The company has agreed to settle a Federal Trade Commission lawsuit that alleged it handled processing for merchants that were engaged in scams.

  • FTC regulation
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    Subscription spending climbs

    Consumers are splurging more via subscription payments, often for fashion and entertainment, a new Bank of America report says.

  • Ramp artificial intelligence corporate spending expense management AI models
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    Q&A

    Ramp takes on AI expense

    The expense-management company has expanded into the nascent field of artificial intelligence routing as companies seek to keep tabs on their AI costs.

  • Fiserv headquarters
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    Courtesy of Fiserv
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    Fiserv explores divestitures

    The payments processor, under pressure amid management upheaval and client attrition, told analysts it’s still considering the sale of a debit network.

    B2B
  • Stripe stablecoins cards payments crypto
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    Stripe taps new stablecoin executive

    The financial tech giant hired a crypto pro to help push payment cards backed by stablecoins.

  • A view of Denver, Colorado.
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    TabaPay eyes bank charter

    The money movement platform received a $155 million investment to buy Transact Bank so it can offer payments clients banking services.

  • Two people stand in the shadows talking inside a lodge lounge area, one with hands up.
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    Natalie Behring via Getty Images
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    Stablecoins lose ground

    While the digital currencies have gained some acceptance, there is a growing interest by financial institutions in tokenized deposits as an alternative.

  • card payments processing banks technology ACI Worldwide
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    ACI buys UK payments tech firm

    The deal for Cranium Ventures and its cloud-based card-payments technology aims to help ACI expand in card infrastructure.

  • A sign reads "Wells Fargo" with the bank's logo below.
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    Michael M. Santiago / Staff via Getty Images
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    Banks undertake stablecoin effort

    Goldman Sachs, PNC and Capital One are also among 21 financial institutions partnering on an asset expected to go to market early next year.

  • A commercial building stands behind a circular driveway with a monument of the PayPal logo and a sign displayed in the center.
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    Alamy
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    PayPal makes job cuts

    The digital payments pioneer turned to cutting back its workforce this week following a May plan, after reportedly bypassing a possible sale.