The Latest

  • Visa Mastercard merchants credit cards networks swipe fees retail
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    8 pros, cons of Visa-Mastercard pact

    A proposed settlement to end 20 years of credit card swipe fee litigation generated strong reactions for and against the agreement.

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    Marqeta via Adobe

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    Sponsored by Marqeta

    The technical advantage of a specialized issuer processor

    Specialized issuer processors deliver legacy-grade reliability and modern innovation, without tradeoffs. Issuing is complex; choose a partner built for it.

  • Cash App Block consumer lending loans
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    Sean Zanni via Getty Images
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    Cash App leans into loans

    Block’s financial services unit is pressing growth of short-term consumer loans, confident that its underwriting data will support profitable lending.

  • Federal Reserve Christopher Waller crypto digital currencies stablecoins
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    Sarah Silbiger via Getty Images
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    Column

    Dive Deposits: Was Waller’s ‘skinny’ account clarification a walk-back?

    The Federal Reserve governor set out to clarify that only institutions with a banking charter would be eligible for a tailored master account. Does that jibe with the central bank’s “embrace” of disruption?

  • Visa Mastercard merchants interchange fees swipe banks retail
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    Justin Sullivan via Getty Images
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    Visa, Mastercard reach legal pact with merchants

    The legal agreement, if approved by a federal court, could end two decades of litigation between the two biggest U.S. card networks and their merchant clients over credit card interchange fees.

  • Mesh cryptocurrency digital assets POS retail stablecoins PayPal
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    Joe Raedle via Getty Images
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    Paystand acquires Bitwage

    The blockchain-backed B2B payments provider snapped up another payments player, and raised capital to accelerate its growth.

  • Former Fiserv CEO Frank Bisignano
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    Andrew Harnik via Getty Images
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    Fiserv grilled over ex-CEO

    Senate Democrats are digging into former Fiserv CEO Frank Bisignano’s past leadership of the payments processor.

  • A person shops for clothing on a tablet.
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    Afterpay confronts new fraud type

    Fraudsters are posing as merchants and consumers to make fraudulent purchases and stick Afterpay with the bill, according to a Block executive.

  • Shift4 CEO Jared Isaacman stands in a crowd of people in an astronaut uniform and is being photographed by onlookers.
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    Joe Raedle via Getty Images
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    Shift4 founder to keep stake

    Just as Jared Isaacman makes plans to remain the biggest shareholder of the payments processor he founded, the company faces U.S. sales volatility.

  • ​A close-up of an iPhone screen displaying the Remitly: Send Money & Transfer app's listing in the Apple App Store. The screen shows the Remitly logo, app name, and download option, highlighting the digital remittance service's presence on mobile platforms.
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    Alamy
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    Fiserv exec outlines stablecoin uses

    The major processing firm is considering using the digital assets for bank-to-bank transactions outside of normal business hours.

  • Amazon retail online shopping lawsuit
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    Amazon sues Perplexity over AI shopping agents

    The mass e-commerce company — which alleges Comet agents are covertly making purchases for users — is open to third-party agentic commerce, but on its own terms.

  • President Trump holds up document with House Speaker Johnson and others behind him.
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    Win McNamee via Getty Images
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    Consumer Reports pushes stablecoin rules

    The consumer advocacy group said Genius Act regulations must protect consumers from potential risks in the stablecoin market.

  • A digital OOH advertisement for Apple's "Pay The Apple Way" campaign.
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    Courtesy of Apple
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    Apple sets sights on travel spending

    The tech company is embedding its digital wallet as a method of payment at many stages in the travel process in a bid to attract more consumer use.

  • Toast restaurants payments dining software SaaS
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    Toast mulls eat-and-run options

    The software firm is contemplating a system that lets restaurants store customer payment cards to give diners a quicker exit after they finish a meal.

  • A corporate headshot of Stephanie Ferris, CEO of payment processor Fidelity National Information Services
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    Courtesy of FIS

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    FIS benefits from NYCE, AI

    Fidelity National Information Services said the growth of its NYCE debit card network and increased use of artificial intelligence bolstered financial results.

  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Trump taps Shift4 founder again

    The president renominated Jared Isaacman on Tuesday to lead NASA, but did not acknowledge previously withdrawing the executive’s name.

  • Cash App lawsuit settlement text messages litigation
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    Cash App claims deadline passes

    A judge will consider final approval next month of a $12.5 million settlement covering Washington residents who got text messages from Cash App.

  • Fiserv Clover point of sale checkout processing AI
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    Sundry Photography via Getty Images
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    Fiserv turns to AI for help

    Fiserv is embracing artificial intelligence as new executives try to fix major portions of the company and placate peeved customers.

  • A person holds a credit card and sits with a laptop on her lap. The screen is open to show a shopping website.
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    Getty Images
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    How agentic AI could turbocharge fraud

    Generative artificial intelligence that can shop on a consumer’s behalf could be leveraged by bad actors to commit fraud on a wide scale.

  • People mill at a conference with a Global Payments sign that markets its Genius brand in the background.
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    Lynne Marek/Payments Dive
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    Global Payments leans into Genius

    Global Pay is counting on its rising use of the Genius brand to bolster volume, as it expands with the acquisition of Worldpay.

  • CFPB open banking banks fintechs apps APIs digital tools fees
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    Open banking lurches onward

    Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial services.

  • A close-up of a building with Capital One signage is shown.
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    Getty Images
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    Capital One launches community benefits plan

    After its Discover Financial acquisition closed in May, the credit card giant has begun to open up about elements of its community benefits plan.

  • The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City.
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    Michael M. Santiago via Getty Images
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    JPMorgan prospers on payments

    The bank cited higher payments fees for helping to lift third-quarter revenue, with income from that segment reaching another quarterly record.

  • People stand and sit by a conference booth marked with the The Clearing House logo.
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    Lynne Marek/Payments Dive
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    Why one cross-border payments pilot was stymied

    Differing regulations across borders makes the instantaneous movement of money a nearly insurmountable challenge, an executive with The Clearing House said.

  • Woman ordering new high heel shoes in online shop and paying for purchase by credit card.
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    Getty Images
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    Executive Shuffle: Fiserv, Mastercard and DailyPay

    Payments and fintechs reset leadership this month with new CEOs and fresh executives to jump-start finance, sales and marketing functions.

  • CFPB open banking banks Russell Vought fintechs litigation
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    andresr via Getty Images
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    Judge blocks open banking rule enforcement

    The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.