The Latest

  • Visa Mastercard merchants interchange fees swipe banks retail
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    Justin Sullivan via Getty Images
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    Visa, Mastercard reach legal pact with merchants

    The legal agreement, if approved by a federal court, could end two decades of litigation between the two biggest U.S. card networks and their merchant clients over credit card interchange fees.

  • Mesh cryptocurrency digital assets POS retail stablecoins PayPal
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    Joe Raedle via Getty Images
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    Paystand acquires Bitwage

    The blockchain-backed B2B payments provider snapped up another payments player, and raised capital to accelerate its growth.

  • Former Fiserv CEO Frank Bisignano
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    Andrew Harnik via Getty Images
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    Fiserv grilled over ex-CEO

    Senate Democrats are digging into former Fiserv CEO Frank Bisignano’s past leadership of the payments processor.

  • A person shops for clothing on a tablet.
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    Getty Images
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    Afterpay confronts new fraud type

    Fraudsters are posing as merchants and consumers to make fraudulent purchases and stick Afterpay with the bill, according to a Block executive.

  • Shift4 CEO Jared Isaacman stands in a crowd of people in an astronaut uniform and is being photographed by onlookers.
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    Joe Raedle via Getty Images
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    Shift4 founder to keep stake

    Just as Jared Isaacman makes plans to remain the biggest shareholder of the payments processor he founded, the company faces U.S. sales volatility.

  • ​A close-up of an iPhone screen displaying the Remitly: Send Money & Transfer app's listing in the Apple App Store. The screen shows the Remitly logo, app name, and download option, highlighting the digital remittance service's presence on mobile platforms.
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    Alamy
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    Fiserv exec outlines stablecoin uses

    The major processing firm is considering using the digital assets for bank-to-bank transactions outside of normal business hours.

  • Amazon retail online shopping lawsuit
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    Getty Images
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    Amazon sues Perplexity over AI shopping agents

    The mass e-commerce company — which alleges Comet agents are covertly making purchases for users — is open to third-party agentic commerce, but on its own terms.

  • President Trump holds up document with House Speaker Johnson and others behind him.
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    Win McNamee via Getty Images
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    Consumer Reports pushes stablecoin rules

    The consumer advocacy group said Genius Act regulations must protect consumers from potential risks in the stablecoin market.

  • A digital OOH advertisement for Apple's "Pay The Apple Way" campaign.
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    Courtesy of Apple
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    Apple sets sights on travel spending

    The tech company is embedding its digital wallet as a method of payment at many stages in the travel process in a bid to attract more consumer use.

  • Toast restaurants payments dining software SaaS
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    Getty Images
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    Toast mulls eat-and-run options

    The software firm is contemplating a system that lets restaurants store customer payment cards to give diners a quicker exit after they finish a meal.

  • A corporate headshot of Stephanie Ferris, CEO of payment processor Fidelity National Information Services
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    Courtesy of FIS

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    FIS benefits from NYCE, AI

    Fidelity National Information Services said the growth of its NYCE debit card network and increased use of artificial intelligence bolstered financial results.

  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Trump taps Shift4 founder again

    The president renominated Jared Isaacman on Tuesday to lead NASA, but did not acknowledge previously withdrawing the executive’s name.

  • Cash App lawsuit settlement text messages litigation
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    Getty Images
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    Cash App claims deadline passes

    A judge will consider final approval next month of a $12.5 million settlement covering Washington residents who got text messages from Cash App.

  • Fiserv Clover point of sale checkout processing AI
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    Sundry Photography via Getty Images
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    Fiserv turns to AI for help

    Fiserv is embracing artificial intelligence as new executives try to fix major portions of the company and placate peeved customers.

  • A person holds a credit card and sits with a laptop on her lap. The screen is open to show a shopping website.
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    Getty Images
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    How agentic AI could turbocharge fraud

    Generative artificial intelligence that can shop on a consumer’s behalf could be leveraged by bad actors to commit fraud on a wide scale.

  • People mill at a conference with a Global Payments sign that markets its Genius brand in the background.
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    Lynne Marek/Payments Dive
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    Global Payments leans into Genius

    Global Pay is counting on its rising use of the Genius brand to bolster volume, as it expands with the acquisition of Worldpay.

  • CFPB open banking banks fintechs apps APIs digital tools fees
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    Getty Images
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    Open banking lurches onward

    Banks and fintechs are connecting digitally to share data, amid litigation over a rule to spur competition for financial services.

  • A close-up of a building with Capital One signage is shown.
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    Getty Images
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    Capital One launches community benefits plan

    After its Discover Financial acquisition closed in May, the credit card giant has begun to open up about elements of its community benefits plan.

  • The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City.
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    Michael M. Santiago via Getty Images
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    JPMorgan prospers on payments

    The bank cited higher payments fees for helping to lift third-quarter revenue, with income from that segment reaching another quarterly record.

  • 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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    Why one cross-border payments pilot was stymied

    Differing regulations across borders makes the instantaneous movement of money a nearly insurmountable challenge, an executive with The Clearing House said.

  • Woman ordering new high heel shoes in online shop and paying for purchase by credit card.
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    Getty Images
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    Executive Shuffle: Fiserv, Mastercard and DailyPay

    Payments and fintechs reset leadership this month with new CEOs and fresh executives to jump-start finance, sales and marketing functions.

  • CFPB open banking banks Russell Vought fintechs litigation
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    andresr via Getty Images
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    Judge blocks open banking rule enforcement

    The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.

  • Mastercard image of two interlocking circles and a horizon seen through them.
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    Courtesy of Mastercard
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    Mastercard sidesteps reported crypto deal question

    “There isn't just one big bet,” the card network’s CEO said, before opting not to comment on the company’s reported interest in buying a crypto startup.

  • Mastercard point of sale, retail
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    Courtesy of Mastercard
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    Q&A

    Agentic commerce portends merchant headaches

    AI agents used by shoppers will change the equation for online sellers, Mastercard’s executive vice president for security solutions said on the sidelines of the Money 20/20 conference.

  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv CEO orders major changes

    The processor replaced its CFO and added new directors as it seeks to revamp after a management review and troubled quarter revealed deep weaknesses.