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.”

AI commerce portends potential fraud

As payments firms enable agentic AI shopping, secure transactions and safeguards are at the forefront of their initiatives.

PayPal vet jumps to Extend as CFO

Francois Horikawa will become the spend management platform’s first chief financial officer as Extend taps $20 million in new capital.

Remitly debuts tiered membership platform

Remitly One contains a “send-now-pay-later” feature that allows subscribers instant access to funds and a digital debit card that lets subscribers bypass foreign transaction fees.

Google preps for bot payments

The tech giant launched a payments protocol to address online commerce challenges posed by agentic AI, partnering with Mastercard and PayPal.

PayPal taps data for ad revenue

The digital payments pioneer is building an ad business that relies on transaction data, expanding this week with off-site ads in Europe.

Cash App lures BNPL card users

Block has drawn 1 million consumers to its Cash App debit card with post-purchase BNPL, creating a “next-gen” credit card clientele, the company’s CFO said.

Plaid to pay for JPMorgan data

Under the agreement between the two companies, the bank will be paid for sharing consumer data with Plaid. Fintech groups excoriated JPMorgan for the new access fees.

Fiserv detects profit as gov’t ditches checks

The payments giant is among numerous companies stalking new business as the U.S. government transitions to electronic transactions.

PayPal introduces payment links

The peer-to-peer payment provider is enabling consumers in the U.S. to receive payments via custom links.

APR caps would shrink access to credit

“Well-meaning legislation shouldn’t leave behind the very people it intends to help,” writes one bank CEO.

PayPal CEO rejects stablecoin threat

Alex Chriss doesn’t view the ascendent cryptocurrency as a threat, but rather an advantage.

Bill CEO defends performance

The payments fintech has “massive” growth potential, says its founder. Two activist investors are likely to demand pursuing that aggressively.

Maverik expands cardless payment options

The retailer’s partnership with Piston lets professional drivers initiate a fuel payment via QR or authorization codes.

Fed lifts FedNow limit to $10M

As financial firms flock to instant payments, the Federal Reserve has pitched FedNow as a way to ease internal transfers, corporate payroll and big transactions.