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Visa rolls out stablecoin pilot program with partner Crypto.com

Visa is diving into digital assets with a new credit card program that will settle partly with a stablecoin using the cryptocurrency Ethereum. 

Fiserv looks to boost POS business through Pineapple Payments acquisition

Fiserv looks to boost its Clover POS system sales by tapping into Pineapple Payments existing customers.

Payments trade group eggs on federal Covid relief programs

The new Payments Leadership Council is throwing its support behind legislation to extend the Paycheck Protection Program that has delivered billions of dollars to small businesses.

Major payments trade group shifts gears to work with Biden administration

Now, the focus is on how the Electronic Transactions Association can step up to aid the administration's stimulus and infrastructure programs, as opposed to a past concentration on privacy policy issues.

Illinois moves to create special charter for digital assets trust

Illinois angles to get a jump on other states, and an edge in attracting new business, by creating a new special banking charter for digital asset trusts.

Teampay to expand its operations into Canada, aims to partner with a major card network

Teampay's goal to launch a one-of-a-kind corporate card program will integrate with their business spend management software.

No need to rush in creating a federal digital dollar, Fed chair says

Federal Reserve Chair Jerome Powell insists on Congress's approval before proceeding with a central bank digital currency. Meanwhile, the Senate's new banking panel chair is calling for faster action.

MicroStrategy CEO: Treasurers should buy Bitcoin as cash alternative to hedge inflation

Record stimulus is likely to stoke inflation, making Bitcoin an attractive backstop for corporate treasurers, according to Michael Saylor, who leads the business intelligence software company.

Nacha's new WEB Debit rule aims to fight fraudulent activities

The rule comes into effect as digital payments and identity fraud surged during the pandemic, acting as a safeguard against the misuse of account information, according to Nacha.

Jumio lands $150M from private equity firm Great Hill Partners

The company focuses on B2B services, using digital identity verification tools including biometrics, computer vision, big data and machine learning to verify account-holders' identity and thwart fraud. 

Coinbase settles with CFTC, reportedly delays stock listing until next month

Coinbase paid $6.5 million to settle civil charges imposed by the CFTC, just as the cryptocurrency exchange company also reportedly decided to delay its first-time stock listing until next month.

Stripe faces building pressure for a go-public strategy

Stripe's Irish co-founder brothers will be balancing management, investor and banker views in deciding the best path to fund the company's future.

Ultrasound payment authentication platform LISNR looks to raise capital, partners with Shuttl

Backed by Visa, the company has raised $40 million since its 2012 inception and will continue to fund its growth in the payments authentication landscape, LISNR's CEO Eric Allen told Payments Dive.

Visa's debit card business comes under scrutiny from DOJ's antitrust division

The Department of Justice's antitrust division has in recent weeks begun a civil investigation into Visa's debit card processing practices, the Wall Street Journal reported.

UPDATED: March 19, 2021 at 6:29 p.m.

TreviPay targets acquisitions in Latin America, Southeast Asia

The B2B payments player, purchased by a private equity firm last year, is gunning for growth after the pandemic accelerated a trend toward businesses digitizing their payments systems.

Mastercard, Liberty Tax team up to expedite stimulus payments

"Prepaid cards help to bring more people into the digital economy and offer an added level of convenience, with funds available faster and eliminating the need to cash a check," a Mastercard spokesperson said.

BNY Mellon invests in Fireblocks following startup's digital wallet launch

The bank invested in the startup a month after Fireblocks and First Digital partnered to roll out a secure wallet and infrastructure for financial institutions to connect to Facebook's Diem digital currency network.

UPDATED: March 19, 2021 at 1:15 p.m.

Crypto exchange Coinbase files for IPO, valuation could exceed $100B

The move serves as another signal of the growing acceptance of cryptocurrency as a store of value.

UPDATED: March 18, 2021 at 9:51 a.m.

Mastercard partners with Riot Games, fans use cards for in-game transactions

Players who use a Mastercard credit or debit card, and keep the card on file linked to their account, are automatically entered in sweepstakes for in-game currency.

Shake Shack rolls out new app payment options

The feature, facilitated by Uber Eats, allows diners to track orders in real time with a $0.99 flat delivery fee and no delivery fee for orders over $35.

UPDATED: March 18, 2021 at 10:23 a.m.

Merchant trade groups press legislative action against Visa, Mastercard

Trade groups representing retailers and other merchants aren't letting Visa and Mastercard off the hook, even after the companies pulled back this week on a previously planned fee increase next month.

Digital wallets users to exceed 4.4B globally by 2025, study finds

The pandemic will increase the number of digital wallet users and double the amount they spend to nearly $10 trillion annually by 2025, a research study says.

Blockchain startup Spring Labs nabs former top OCC regulator for board

Brian Brooks, former acting head of the Office of the Comptroller of the Currency (OCC), will be its first independent director, though the company already counts several other former top federal officials as advisers.

Mastercard, Visa to postpone some fee increases next month

Bowing to pressure from the White House and Congressional Democrats, the credit card companies won't increase expenses for merchants and consumers who are still coping with the  pandemic.

Nexus Systems teams with JPMorgan Chase on new payment service

Nexus caters to the real estate industry, and will partner with the bank in a bid to attract more small and mid-sized businesses to its "virtual card" service offering.