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Fintechs push bill for Fed payment rail access

House legislation introduced Tuesday would let financial technology firms access Federal Reserve payments rails.

ACH Network starts 2026 with surge

The payments network saw growth across healthcare, peer-to-peer, online and direct deposits in the first quarter, pushing the volume value past $24 trillion.

How the Visa-Mastercard card fee case may end

A federal court is likely to weigh how much a proposed settlement over interchange fees differs from a pact that was rejected two years ago.

FIS, Barclays extend core banking tie

The payments processor has won a multi-year extension of its core banking technology contract with the British financial institution.

Amex to buy Hypercard

The card company has agreed to purchase the agentic expense management firm backed by OpenAI CEO Sam Altman.

How EWA improves workers’ lives

Earned wage access “users are savvy managers of their money who value EWA products, use them responsibly, and have positive experiences,” writes a trade group leader.

Visa, Mastercard settle merchant claims

About 65 retailers suing the networks over card swipe fees in a New York case have now settled claims.

U.S. Bank eyes Amazon tie-up for small-biz boost

The lender aims to pitch banking services to the 700,000 small-business owners it will gain exposure to through a credit card partnership with Amazon.

Repay faces Kubra purchase opposition

A major shareholder of the digital bill payment services provider bashed its plan to buy a bill payment peer.

Updated April 16, 2026

Warren pounds X Money plans

Sen. Elizabeth Warren demanded information from billionaire Elon Musk about his plans to launch a digital wallet this month.

JPMorgan revenue rises on payments, card income

The largest U.S. bank benefited from corporate and consumer demand for its services in the first quarter despite macroeconomic turmoil.

DailyPay pushes back against NY AG

The earned wage access provider says its relationship with employers means it’s not a consumer lender, as the New York attorney general alleges.

Stablecoins remain little used for payments

Less than one percent of stablecoins are used for payments, and about a fifth aren’t being used at all, a Kansas City Fed researcher estimated.

Which Discover jobs are disappearing

As Capital One integrates the card business, it’s eliminating more than 100 application engineer jobs.

Expensive tabs shift to mobile: Stripe

Digital wallets are driving a migration of more expensive purchases from desktop to mobile devices, a Stripe report found.

Bolt lays off roughly 30% of staff in AI push

The workforce reduction marks the fintech’s fourth round of cuts since 2022, as it has navigated leadership changes.

Why the subscription model should change

“The question isn't whether government intervention in subscription cancellation policies is good or bad,” writes one industry executive.

Adyen tool speeds business payments

Financial operations at global enterprises remain “stubbornly complex,” as treasury teams juggle multiple banking and payment systems, the company said.

Fed mulls FedNow x-border use

The Federal Reserve proposed letting participants in the real-time payments system use intermediaries to make cross-border fund transfers.

CHIPS network boasts daily payment growth

CHIPS network growth underscores its rising use for large-value domestic and cross-border payments, The Clearing House said.

How US credit card fees may ebb

The Nilson Report’s publisher explained how competition, merchants and court dynamics are influencing the evolution of interchange fees.

FDIC floats stablecoin guidelines, AML revamp

The Federal Deposit Insurance Corp. proposed a rule under the Genius Act for supervising payment stablecoin issuers.

Stablecoins to infiltrate market, investors say

The digital assets have a role within “hybrid” payment systems but can’t supplant some older systems, a QED Investors panel predicts.

Fiserv, grocer expand pay-by-bank effort

The payments processor said it’s expanding a pilot with the stateside arm of the Dutch grocer Ahold Delhaize to let more U.S. customers pay directly from their banks.

Illinois AG defends card fee law

Illinois law banning card interchange fees on tax and tips doesn’t restrict banks or card networks, the state told an appeals court.