The Latest
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Crypto use trending down, says Kansas City Fed
A survey from the Federal Reserve Bank of Kansas City cast doubt on the notion that more U.S. consumers will adopt cryptocurrency for payments, even after a new law eased the path to crypto use.
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Stripe’s Bridge applies for national trust charter
The stablecoin infrastructure firm joins a growing list of crypto-native firms, including Coinbase and Circle, that have applied for an OCC charter this year.
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Visa’s revised card fee system may jolt merchants
The card network giant will begin demanding more data from merchants this week in exchange for discounts, but it may come as a shock to some.
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Affirm to offer interest holiday
The company’s customers will have a chance to take out loans with 0% APR for three days next week as the holiday shopping season gets under way.
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Fed appeals debit fee ruling
The Federal Reserve gave notice that it’s appealing a court ruling that invalidated its regulations governing debit card fee caps.
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Open banking also helps banks: Fintechs
Financial technology firms are trying to rally support for U.S. open banking as regulators gather comments to inform a revised rule.
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Bank of America fires up AI payments assistant
AskGPS was trained on more than 3,200 internal documents by the company’s in-house engineering team and rolled out last week.
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Opinion
How to unleash innovation and competition in payments
“Give digital payments companies a path to directly access the Federal Reserve’s systems through a limited-purpose payments bank charter,” writes one former top legal executive.
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Fiserv launches Roughrider stablecoin
The processor is working with a North Dakota state-owned bank to establish a new digital asset.
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Baltimore sues MoneyLion over lending tactics
City officials filed a lawsuit against the fintech, alleging it operates as a “modern-day payday lender,” charging customers exorbitant interest rates despite marketing its earned wage advances as “zero interest.”
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Square stirs restaurant battle
The digital payments provider has cooked up a new set of tools for restaurant clients as the contest to attract customers heats up.
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Investors vie to lead Fiserv stock lawsuit
A federal court will assess the plaintiffs’ claims and select one to shepherd a lawsuit on behalf of other investors suing Fiserv over its stock price decline.
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Volvo to test embedded car payments
A North Carolina Turnpike Authority "pay-by-car" pilot will cover tolls and may one day ease transactions at gas stations and drive-thru venues.
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Visa board adds Pinterest CEO
The credit card network giant added the social media company’s chief executive, Bill Ready, as it expanded its board to 12 members.
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Fiserv, PayPal ex-CEOs grab new roles
The former chief executive of the payments processor behemoth will now lead the Internal Revenue Service as well as the Social Security Administration.
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PayPal ties BNPL to cash back
The digital payments company is offering 5% cash rebates with buy now, pay later purchases to lure holiday shoppers to audition its loans.
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Synchrony buys software firm
The card issuer said acquiring Versatile Credit’s consumer financing platform will drive more merchant sales and consumer credit access.
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Checkout.com seeks Georgia banking charter
If Checkout.com succeeds in its bid to be a merchant acquirer limited purpose bank, it would become the third company – after Fiserv and Stripe – to do so.
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Opinion
BNPL lenders should report customers’ data
Keeping BNPL data from consumers’ credit reports is preventing millions of people from building credit, the CEO of a fintech trade association says.
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Payments conferences to keep on your radar for 2026
The U.S. open banking rule and artificial intelligence are expected to be hot topics at next year’s payments industry events.
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DOJ granted brief stay in Visa debit case
The U.S. government’s closure this week prompted the Justice Department to request a “temporary” pause in its antitrust lawsuit against Visa.
Updated Oct. 3, 2025 -
DailyPay replaces CEO
Nelson Chai, the earned wage access provider’s executive chairman since January, becomes the fintech's fourth CEO in five years.
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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.
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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.
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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.