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  • payments financial crisis regulation
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    Dilok Klaisataporn via Getty Images
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    Do growing fintechs need more federal regulation?

    State regulators say they’re updating their rules and are best-suited to oversee licensed money transmitters — and a new U.S. payments charter isn’t needed. 

  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv acquires Australian payment facilitator Pinch

    The move comes after the Milwaukee-based payments processor said it would expand its Clover point-of-sale service in Australia.

  • A woman using a mobile phone with online transaction appl
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    marchmeena29 via Getty Images
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    Rain raises $75M in equity funding

    With a fresh capital infusion, the earned wage access provider aims to launch more savings and credit products this year.

  • A close-up of a paper pay slip with tax and pension information.
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    tattywelshie via Getty Images
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    DailyPay sues New York Attorney General

    The earned wage access provider lodged a lawsuit against the state after it was notified of alleged lending violations.

  • Donald Trump holds up a hat as he signs an executive order while sitting at his desk in the Oval Office
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    Alex Wong / Staff via Getty Images
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    Fiserv says US trade war could harm demand

    The company’s point-of-sale devices are manufactured overseas, and therefore subject to across-the-board import taxes.

  • Person taps credit card at payment terminal
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    Mykola Pokhodzhay via Getty Images
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    Stripe seeks Georgia special banking charter

    If approved, the charter would give Stripe the ability to process credit card transactions without a bank partner.

  • Justice Department Gail Slater
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    Francis Chung/Politico/AP

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    Cap One-Discover deal detractors assail reported DOJ approval

    Capital One’s $35 billion purchase faces two remaining federal approvals — and plenty of critics who expect consumers will face higher costs.

  • A ballpoint pen sits with its tip on a check.
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    fluxfoto/E+ via Getty Images
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    US businesses cling to paper checks

    Large and small businesses alike are still using the 20th-century form of payment extensively, even as the federal government presses ahead with digital alternatives.

  • Sen. Dick Durbin stands in front of National Restaurant Association logo screen with members of that association.
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    Permission granted by Durbin's senate office
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    Durbin rounds up CCCA support

    The Democrat from Illinois asked retail and restaurant industry representatives this week to help build support for the Credit Card Competition Act, but it has yet to be introduced this year.

  • swipe fees interchange fees
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    Joe Raedle via Getty Images
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    Debit cards top Fed’s fraud troubles list: survey

    Card and check fraud continue to plague financial institutions, a new survey from the Federal Reserve Financial Services shows.

  • Apple CEO Tim Cook stands on stage in front of a dark background that has the Apple logo and the word 'card.'
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    Michael Short via Getty Images
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    Visa, Mastercard have edge over Amex for Apple: analyst

    As companies joust to become the tech giant’s card network, some analysts give Visa and Mastercard an advantage over American Express.

  • corporate spending expense management
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    DjelicS via Getty Images
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    Q&A

    Brex sees procurement push onto its card

    Corporate buyers are exploring ways to move more of their spending onto cards for better tracking and insight, a Brex EVP says.

  • An adult uses a Citi ATM while a child stands next to the person, with Citi signage in the foreground.
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    Justin Sullivan / Staff via Getty Images
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    Judge tosses racial bias suit against Citi over ATM fee waivers

    The lawsuit accused the New York City-based bank of “unabashed racial discrimination” for waiving ATM fees for customers of minority-owned banks but not for white-owned banks.

  • Workers sit at computers on tables in a room, covering their faces with various objects.
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    Ezra Acayan via Getty Images
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    Fed raises alarm on synthetic identity fraud

    The use of generative AI and fraudulently obtained accounts to execute synthetic identity fraud is on the rise, a Federal Reserve official said in a podcast interview.

  • PayPal logo in front of a glass building with shrubery in the foreground
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    Justin Sullivan via Getty Images
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    Mastercard, PayPal mull stablecoins for B2B payments

    Mastercard and PayPal are among the companies viewing the digital assets as potentially useful for business-to-business transactions.

  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv promotes Takis Georgakopoulos to COO

    Georgakopoulos replaced Guy Chiarello as chief operating officer, with the latter moving to a different role at the payments processor.

  • American Express logo on window
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    Scott Olson via Getty Images
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    Amex opposes shareholder proposals

    A conservative legal group wants American Express to consider eliminating diversity goals to determine financial incentives for executives. A spokesperson for the card issuer says it no longer uses those goals in evaluating executive performance.

  • US Capitol House of Representatives
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    Chip Somodevilla via Getty Images
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    House plans vote to kill CFPB payments rule

    The chamber’s measure revoking bureau oversight of large tech payments players has passed the Senate and would next head to an approving Trump.

    Updated April 2, 2025
  • 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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    Clearing House ACH payments volume keeps climbing

    The Clearing House and Nacha both reported 6%-plus growth rates in ACH volume for last year, compared to 2023.

  • Two people sending money to each other through a digital wallet app on their smartphones.
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    MStudioImages via Getty Images
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    EWS drops Zelle standalone app

    Zelle users will need to turn to their online banking portals starting today in light of Early Warning Services proceeding as planned with the shutdown of its Zelle app this month.

  • CFPB Russell Vought
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    Kayla Bartkowski via Getty Images
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    CFPB plans to spike BNPL rule

    The buy now, pay later industry sued to block the consumer-friendly rule, arguing that the services are not the same as those offered via credit cards.

  • merchant fees credit cards
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    Spencer Platt via Getty Images
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    Swipe fee foes find legislative support in almost a dozen states

    The battle to curb interchange fees has migrated from Illinois across the nation, with bills in 11 states seeing robust lobbying.

  • Discover sign at driveway entrance to headquarters with flowers in front.
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    Lynne Marek/Payments Dive
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    Discover CEO may reap $2.4M bonus

    Michael Shepherd will remain as interim chief executive officer potentially through June, and receive a $2.4 million cash bonus if the sale to Capital One closes by then.

  • Shopify partners with Affirm.
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    Courtesy of Affirm
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    Affirm COO: Walmart deal was “uneconomic”

    Walmart makes up a relatively small portion of Affirm’s business that the buy now, pay later company can make up elsewhere, Chief Operating Officer Michael Linford said.

  • A customer accesses a banking app on their phone.
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    Supatman via Getty Images
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    Mercury raises $300M

    The payments startup, which has backing from Marathon Management Partners and Andreessen Horowitz, aims to use the funds to expand its clientele and increase its profitability.