The Latest

  • Fiserv's headquarters in Milwaukee
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    Georgia bank charter attracts two more takers

    One payments company has applied for the special acquirer credential and another has expressed interest, a state official said.

  • A JPMorgan Chase logo stands in front of a building on a city street.
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    subman via Getty Images
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    Will JPMorgan take a bigger bite of Apple?

    If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.

  • Open box with pepperoni pizza showing through small opening.
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    Joe Raedle via Getty Images
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    When will you be able to buy a pizza with stablecoin?

    The Genius Act is law. Here’s how 5 professionals in the payments industry view prospects for the digital currency becoming a daily payment option.

  • An Arvest Bank branch building pictured at sunset.
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    Courtesy of Arvest Bank
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    Finzly CFO seeks ‘connectivity’

    As the first CFO for the payments infrastructure provider, software alum Adam Carson aims to upgrade the finance role from a "backseat function."

  • A hand holding an iPhone showing the Apple Pay setup screen. The interface displays a Mastercard graphic with instructions for adding a card, and the phone is partially in its packaging against a warm yellow background.
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    Alamy
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    Mastercard backs open banking

    The card network’s CEO favors the worldwide open banking trend, and predicts it will be a “winning proposition over time.”

  • A photo of a Bitcoin Depot bitcoin ATM.
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    Courtesy of Bitcoin Depot
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    Shuffle: Finzly, Bitcoin Depot and PayIt

    Fintech companies made new CFO and other executive appointments last month as they brace for economic and regulatory headwinds.

  • Visa debit card litigation Merrick Garland DOJ
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    Kent Nishimura via Getty Images
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    Visa denies DOJ debit card allegations

    The largest card network said it doesn’t have a monopoly in the debit card market and that its agreements don’t pay others to avoid competing.

  • Hand of consumer and merchant hovering over receipt.
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    Chris Graythen via Getty Images
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    Payroc scoops up another peer

    The suburban Chicago payments processor nabbed payments orchestration firm BlueSnap as the latest purchase in its acquisition streak.

  • Senator Ron Johnson speaking behind a dais.
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    Samuel Corum via Getty Images
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    EWS schools Zelle users on fraud

    The company has locked arms with a national nonprofit to educate consumers about fraud and scams on the peer-to-peer payments tool.

  • PayPal headquarters building in San Jose
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    Justin Sullivan via Getty Images
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    PayPal embarks on $300M restructuring

    The digital payments company has begun to log expenses for a “large-scale initiative” to overhaul its technology infrastructure, including job cuts.

  • A smartphone screen displaying the logos of various peer-to-peer payment apps, including PayPal, Zelle, Venmo, Google Pay, Cash App, Apple Wallet, Payoneer, and Facebook Messenger.
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    Alamy
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    Block takes aim at Google, Apple

    The company’s new Cash App group payments feature lets users pool money with transfers from Apple Pay and Google Pay. That could allow it to poach customers from the rivals.

  • Eric Glyman Ramp VC investors AI agentic AI bots
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    Kelly Sullivan/Getty Images for TechCrunch via Getty Images
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    Ramp raises $500M to rush AI

    The fintech has amassed $700 million in funding over two months as it tries to capitalize on corporate finance’s adoption of artificial intelligence.

  • A black "WISE" company logo is displayed on a white glass wall of a commercial building.
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    Alamy
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    Wise shareholders vote to move primary listing to US

    One of the money transfer company’s co-founders criticized the stock listing move to New York from London.

  • President Donald Trump signs Genius Act with congressional members around him in White House room.
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    Win McNamee via Getty Images
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    Visa tailors stablecoin strategy

    CEO Ryan McInerney expects the digital assets to be beneficial in emerging markets where the network’s payments digitization efforts have faced difficulties.

  • CFPB open banking banks Russell Vought fintechs
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    Chip Somodevilla via Getty Images
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    CFPB to revise open banking rule

    The Consumer Financial Protection Bureau said Tuesday it will “substantially” revise the 2024 Biden-era open banking rule that drew a lawsuit from banks.

  • A brick commerical building entrance facade with a "Capitol One Bank" logo displayed above the doors.
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    Alamy
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    Capital One delivers few details on $265B community plan

    A year after touting a community investment proposal as part of an effort to acquire Discover Financial, the card issuer has yet to lay out program specifics.

  • Bilt Rewards credit cards Wells Fargo Cardless Ankur Jain
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    Noam Galai/Getty Images for Bilt via Getty Images
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    Bilt’s new cards expand options

    The points-for-rent loyalty company is retooling its credit card lineup and terms with a new partner, Cardless, and moving into more areas of housing payments.

  • A consumer pays with Samsung Wallet
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    Permission granted by Splitit
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    Splitit pivots customer strategy

    The BNPL player will rely less on partnering with individual merchants thanks to a partnership with Samsung’s digital wallet.

  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv sued over Clover migration

    A securities lawsuit alleges the payments processor moved merchants to Clover, and then misled investors about the point-of-sale system’s growth.

  • A black pocketbook with cash and coins.
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    H. Armstrong Roberts via Getty Images
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    Coinstar to offer Mastercard card

    The company behind the green coin machines at grocery stores will soon let consumers turn their pocket change into a prepaid debit card.

  • Bitcoin sitting on dollar bills
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    Dan Kitwood via Getty Images
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    Column

    Payments hurl toward digitization

    It’s no coincidence that President Donald Trump ushered in the stablecoin era just a few months after the Treasury Department canceled the penny.

  • business procurement vendors B2B
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    Winxclub via Getty Images
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    Q&A

    How to build a B2B payments behemoth

    No single company dominates U.S. commercial payments, as with card networks or merchant acquirers. Bottomline CEO Craig Saks says that will change.

  • President Donald Trump sits at desk with pen in hand.
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    Win McNamee via Getty Images
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    Opinion

    Stablecoins face last-mile trouble

    “The promise of stablecoins to solve existing issues quickly encounters a series of challenges,” writes an ACI Worldwide executive. “Chief among them is what we call the ‘last mile’ problem.”

  • open banking fintechs banking Trump
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    Chip Somodevilla via Getty Images
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    Groups seek Trump aid on open banking

    Fintechs and merchants urged the president to take on big banks and let the U.S. open banking rule move forward.

  • Fiserv's headquarters in downtown Milwaukee
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    Permission granted by Fiserv
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    Fiserv revenue forecast dims

    The payments processor offered a less rosy outlook as executives took some blame for second-quarter revenue growth being lower than analysts expected. It also agreed to buy a TD Bank portfolio.