The Latest
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Cash App debuts payment links
After PayPal debuted a similar feature last year, Cash App also wants to simplify payment requests for users.
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Sponsored by Adyen
4 steps to building your own fintech
Go from payments to full-suite fintech: four proven steps to master your embedded finance journey.
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Q&A
Why virtual cards can be safer than plastic
Many companies are swapping plastic payment cards for virtual because they’re less prone to fraud, Boost Payments Chief Revenue Officer Seth Goodman said.
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Bill weighs the best path to profits
Business payments company Bill Holdings is mulling a sale, according to a media report, as recent B2B fintech deals show ample buyer interest.
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Cash App to sell its credit score
Block on Thursday opened up a waitlist for companies that want to access deeper insights from its Cash App consumer scoring.
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Judge backs Illinois law on card fees
A U.S. judge ruled that federal bank law doesn’t preempt an Illinois effort to ban card interchange fees on sales tax and tips. Bank groups vowed to appeal.
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JPMorgan, Nacha to share data via blockchain
The companies aim to simplify the account verification process for JPMorgan Chase customers.
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Merchants seek hearing on card pact
Large retailers opposing a swipe-fee settlement with Visa and Mastercard want a judge to hear oral arguments before he rules on the proposal.
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GAO details CFPB’s downsizing
The scope of the CFPB’s downsizing were explored in two reports released Monday, one of which concludes that the changes cost consumers $19 billion.
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Fiserv struggles with financial business
Revenue in the company’s financial services and banking sectors fell year-over-year, which executives attributed to market share loss among credit unions.
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EWA products aren’t loans: fintechs
Trade groups representing fintechs filed briefs urging a U.S. appeals court to reverse two district court rulings against earned wage access providers.
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Block to chop up to 10% of employees
The company is reducing its workforce to trim overhead costs and stay below a 12,000 employee cap, analysts said.
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Fed ‘skinny’ account idea draws criticism
A prototype payment account carries undue restrictions, fintech groups said in response to a Fed proposal that offers expanded real-time payments access.
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Payoneer CFO eyes stablecoin, AI innovation
Bea Ordonez said the payments company is focused on expanding its core ecosystem, strengthening partnerships, and building out strategies for stablecoin and AI.
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Q&A
How to fix subscription pay friction
What can a subscription-based company do when a customer hasn’t canceled but their payment fails? Butter has an algorithmic fix.
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Zip debuts pay-in-2 option
The buy now, pay later company on Wednesday started letting U.S. customers split everyday payments in half, rather than into four installments.
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Opinion
Modernizing payments is essential
“The shift toward a 24/7 payments ecosystem is inevitable...organizations that are prepared to support instant payments will have a distinct competitive advantage,” writes one industry executive.
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Visa, Amex vie for small businesses
The card networks are each pitching new services to mom-and-pop stores, including financing options as well as tools for expense management and fraud mitigation.
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Spire names new CEO to grow pay-by-bank
The company hired former Fiserv executive Jennifer LaClair and raised $10 million to expand services enabling consumers to make direct payments from their bank accounts to merchants.
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Arizona mulls card rate cap
A state senator has introduced a bill that follows President Donald Trump’s lead in seeking to cap credit card interest rates.
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What went wrong at PayPal
Slow merchant adoption of the digital payment pioneer’s latest technology and lagging growth of its legacy checkout services stymied growth plans.
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How AI commerce threatens eBay, Amazon
Agentic robots that shop and pay without human involvement could potentially render retail marketplaces obsolete – and big merchants are responding.
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Mastercard offers agentic AI tools
The payments giant plans to provide agentic AI capabilities to merchants using its services by the end of June.
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PayPal appoints new CEO
The digital payments company tapped former HP CEO Enrique Lores as its new chief executive Tuesday, casting aside Alex Chriss.
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Visa pushes real-time payments into China
The company is partnering with UnionPay International to bring direct payments to debit cardholders in one of the largest remittance markets.
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Why some payments companies want to be banks
Banking charters let those companies streamline their services and save money by not partnering with banks.