DailyPay replaces CEO

Nelson Chai, the earned wage access provider’s executive chairman since January, becomes the fintech's fourth CEO in five years.

SumUp battles for small merchants

The point-of-sale firm is investing in the U.S. to seize a larger share among small retailers as bigger payments players move upmarket.

FedNow debuts disaster aid payments

An executive of the Fed’s real-time payment network says speedy relief payments will be “a game-changer” for people and businesses in need.

Brex to accept stablecoins as payment

The card issuer sees stablecoin payments as a key product differentiator, with more companies adopting cryptocurrency for finance functions.

Stripe pushes agentic AI sales via chat

The payments firm is teaming with OpenAI for a new agentic commerce protocol to help merchants sell their wares via AI chat sessions.

Technology could make payments cheaper: Waller

Fed Gov. Christopher Waller touted the benefits of stablecoins and distributed ledgers, saying that new technology should not be feared.

Executive Shuffle: Extend, Marqeta and Mastercard

Fintech firms are snapping up C-suite executives to drive revenue growth through strategic partnerships.

NYDFS’ Adrienne Harris to step down

Kaitlin Asrow, who leads the regulator’s research and innovation division and previously was a senior fintech policy adviser at the San Francisco Fed, will serve as the state agency’s acting superintendent starting Oct. 18.

US payments growth may have peaked

Payments revenue growth is projected to slow over the next four years, with cash-to-card migration largely in the rearview, said the author of a BCG report.

Fiserv buys cash manager to boost stablecoin

The deal for StoneCastle expands Fiserv as a liquidity source for financial institutions, and will help the processor fund cash for its FIUSD stablecoin.

Fiserv acquires tech consulting firm

The deal for Smith Consulting Group is designed to give Fiserv’s bank and credit union customers deeper technical expertise.

The trouble with ending US checks

The government must modernize payments, but officials retiring paper checks should be thoughtful and inclusive, the CEO of a consumer group writes.

Tipalti secures $200M in financing

The capital will be used for further AI investment as the finance automation fintech incorporates agentic artificial intelligence capabilities.

DailyPay case belongs in state court, judge rules

A federal judge agreed with the New York attorney general that state court is the proper jurisdiction for a lawsuit against the earned wage access lender.

FIS acquires fintech Amount

The Chicago-based fintech, which provides banking technology, expands the portfolio of services FIS can offer banks and credit unions.

Affirm eager to grow services

Home and personal services is one of Affirm’s smallest merchant categories but among the fastest-growing for the buy now, pay later provider, its CFO said Tuesday.

Capital One cuts Discover workers

The bank said it’s cutting nearly 400 Discover employees between November and March 2026, following job cuts last month related to Discover’s home equity business.

PayPal probed on China ties

A House select committee wants the payments giant to detail how it ensures anti-money laundering compliance within its Weixin Pay partnership.

Payment players offer fraud fixes

EWS, Nacha and the Financial Technology Association told regulators that collaboration, information-sharing and more consumer education are needed to tackle payments fraud.

CFPB ends U.S. Bank, Apple consent orders early

The bureau contends the bank and tech giant have paid their penalties in separate cases related to unemployment benefits restrictions and the launch of the Apple Card.

Cardless fuels growth with new $60M

The credit card fintech will use the fresh capital to hire and bolster its work with clients Coinbase and Bilt, co-founder Michael Spelfogel said.

Shopify wants court to toss Sezzle lawsuit

The BNPL provider is misapplying antitrust law because it dislikes competition, Shopify said in a motion to dismiss Sezzle’s lawsuit.

Don’t conflate surcharges and ‘junk’ fees

“Payment processors and merchants must strongly oppose claims conflating credit card surcharging with mandatory or ‘junk’ fees,” say legal pros.

PayNearMe raises $50M

Having previously expanded payment services with retail partners, the company now plans to use the capital infusion to enter new markets.

PayPal, Google enter major tech pact

The digital payments pioneer has locked arms with the tech titan in a multi-year deal to pursue a “next-generation commerce and payments platform.”