The Latest
-
Scott Olson via Getty Images
Amex says BNPL isn’t a rival
Buy now, pay later competitors don’t concern American Express because the credit card giant depends on wealthier customers.
-
Getty Images
Block touts Cash App updates
The payment provider ballyhooed Cash App’s new and existing features this week as it vies with digital wallet rivals.
-
Chip Somodevilla via Getty Images
ColumnDive Deposits: CFPB cries poor
A Justice Department office argued the Fed has no money to fund the bureau. The CFPB’s acting director hasn’t asked the central bank for money anyway.
-
Courtesy of Fiserv
Fiserv shareholders sue again
The complaint alleges the payment processor’s July revision of its revenue growth guidance was based on faulty data.
-
Justin Sullivan via Getty Images
Visa CFO trumpets legal pact
The card network’s chief financial officer touted the benefits of a proposed legal settlement with merchants.
-
Eugene Gologursky via Getty Images
Beware too many stablecoins: bank exec
A deluge of digital coins threatens to make the cryptocurrency a loyalty program like airline frequent flier miles, a JPMorgan Chase executive said.
-
Fly View Productions via Getty Images
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.
-
Sean Zanni via Getty Images
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.
-
Sarah Silbiger via Getty Images
ColumnDive 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?
-
Justin Sullivan via Getty Images
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.
-
Joe Raedle via Getty Images
Paystand acquires Bitwage
The blockchain-backed B2B payments provider snapped up another payments player, and raised capital to accelerate its growth.
-
Andrew Harnik via Getty Images
Fiserv grilled over ex-CEO
Senate Democrats are digging into former Fiserv CEO Frank Bisignano’s past leadership of the payments processor.
-
Getty Images
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.
-
Joe Raedle via Getty Images
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.
-
Alamy
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.
-
Getty Images
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.
-
Win McNamee via Getty Images
Consumer Reports pushes stablecoin rules
The consumer advocacy group said Genius Act regulations must protect consumers from potential risks in the stablecoin market.
-
Courtesy of Apple
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.
-
Getty Images
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.
-
Courtesy of FIS
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.
-
Courtesy of Shift4. Shift4 CEO Jared Isaacman
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.
-
Getty Images
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.
-
Sundry Photography via Getty Images
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.
-
Getty Images
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.
-
Lynne Marek/Payments Dive
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.
