The Latest

  • A photo of a concession stand in a sports arena. It includes bankds of coolers and several gates for entry and exit. Signs on a call in front and the wall above the coolers all say "Fly Thru Market."
    Image attribution tooltip
    Permission granted by Amazon
    Image attribution tooltip

    Amazon provides checkout tech at universities, stadiums

    The company said it expects to place its automated checkout technology at more venues in 2024 than in any year previously.

  • Woman Sitting On Carpet Using Laptop To Shop Online Besides Colorful Shopping Bags
    Image attribution tooltip
    AndreyPopov via Getty Images
    Image attribution tooltip
    Sponsored by Adobe

    5 ways Buy Now, Pay Later can boost your business

    Buy Now, Pay Later (BNPL) has moved from a novel option to a must-have for retailers that aim to meet the demands of modern consumers.

  • Phone in hand with 'pay' button showing
    Image attribution tooltip
    Tero Vesalainen via Getty Images
    Image attribution tooltip

    Visa to upgrade pay-by-bank service in UK next year

    The card network plans to make the account-to-account service available to consumers for paying bills, like rent, but eventually for other uses too, such as digital streaming.

  • A sign that reads "Discover" marks the entrance to the card company's headquarters in Illinois.
    Image attribution tooltip
    Scott Olson / Staff via Getty Images
    Image attribution tooltip

    Ex-Discover exec alleges age, gender bias in lawsuit

    Diane Offereins is suing the card network over roughly $7 million in clawed-back equity, claiming she was a “convenient scapegoat” for Discover’s card misclassification issue.

  • Kiosks in grocery store
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip

    Grabango CEO pushes for more partnerships

    The Berkleley, California-based company is looking to expand by building ties with established retailers, CEO Will Glaser said. 

  • A person in a white t-shirt works behind the counter at a cafe.
    Image attribution tooltip
    Scott Olson / Staff via Getty Images
    Image attribution tooltip
    Opinion

    CFPB’s EWA rule may undo progress

    “The CFPB’s plan to reclassify EWA as a loan could accidentally backfire on the agency by driving people right back to the payday lending industry,” writes one tech trade group professional. 

  • Consumer Financial Protection Bureau Director Rohit Chopra testifies before the Senate Banking, Housing and Urban Affairs Committee April 26, 2022 in Washington, DC.
    Image attribution tooltip
    Win McNamee via Getty Images
    Image attribution tooltip

    CFPB slammed with EWA commentary

    The Consumer Financial Protection Bureau asked for public feedback on its earned wage access rule proposal and it got an earful.

  • Closeup shot of a woman paying using NFC technology in a cafe
    Image attribution tooltip
    Cecilie Arcurs via Getty Images
    Image attribution tooltip

    Academics question digital wallet security

    Due to lax authentication practices, a thief or hacker can easily add a stolen credit card to their own digital wallet, the study concluded.

  • Two people walk past a Chase bank branch.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Viral JPMorgan Chase glitch is ‘fraud, plain and simple,’ bank says

    Some customers deposited bad checks and immediately withdrew funds before the checks bounced in a glitch that went viral on TikTok. Now, some users have holds on their accounts.

  • Person makes payment online with card
    Image attribution tooltip
    Creative via Getty Images
    Image attribution tooltip

    Paysafe taps FIS alum for CFO amid growth pivot

    The iGaming payments platform is looking to expand on its “robust” performance in the first half of the year with the appointment of new financial leadership.

  • Zip CEO Cynthia Scott inside an office.
    Image attribution tooltip
    Courtesy of Zip
    Image attribution tooltip

    Maryland gets tough on BNPL

    Two buy now, pay later companies pivoted in offering their services in the state because it insists they must be licensed to provide loans.

  • Governor Tony Evers sits at table holding up newly signed law, with others standing behind him.
    Image attribution tooltip
    Permission granted by David Schwarz
    Image attribution tooltip
    Tracker

    Earned wage access: Following states that have passed laws, or have legislation pending

    States began passing laws friendly to the industry in 2023 and have continued to pursue them this year, even after the federal government weighed in with a stricter standard.

  • View of PayPal logo outside of company headquarters
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    PayPal offers guest checkout service to Fiserv clients

    The two firms are working together again as other payment giants collaborate on checkout enhancements. 

  • A skyscraper with the name "U.S. Bank" atop it is shown.
    Image attribution tooltip
    Courtesy of U.S. Bank
    Image attribution tooltip

    U.S. Bank works to simplify SMB banking, payments

    A recent survey by the bank is leading it to bring its payments and banking tools together to work for small and mid-size business clients in a more simplified way.

  • A hand holding a phone hovers the phone over a point-of-sale reader on a sitting on a countertop.
    Image attribution tooltip

    Pilar Olivares/Reuters

    Image attribution tooltip

    PayPal joins group investing $15M in Brazilian startup

    The digital payments pioneer expects the fintech to capitalize on the rise of buy now, pay later services in Brazil.

  • A smartphone displaying the Affirm app
    Image attribution tooltip
    Courtesy of Affirm
    Image attribution tooltip

    Affirm shuffles leadership, promoting CFO to COO

    The BNPL provider plans to promote Michael Linford, the chief financial officer, to chief operating officer and tap a new CFO.

  • Federal Reserve Board Governor Christopher Waller sits at table speaking.
    Image attribution tooltip
    Sarah Silbiger via Getty Images
    Image attribution tooltip

    Fed official questions faster cross-border payments ties

    Federal Reserve Governor Christopher Waller suspects there could be more fraud and money-laundering if countries move too quickly to link their faster payments systems, he said at a conference.

  • Money transfer app on mobile device
    Image attribution tooltip
    Permission granted by MoneyGram
    Image attribution tooltip

    MoneyGram, Adyen add chief technology officers

    The payments companies are bolstering their tech leadership as big changes roil the industry and stoke competition.

  • A person displays their open wallet and cards
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images
    Image attribution tooltip

    Shoppers’ online fraud fears escalate

    Four in five consumers are worried about identity theft or someone stealing their credit card numbers, according to a report this month from the credit monitoring agency Experian.

  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    CFPB chides retailers on fees for cash back

    The federal agency surveyed major retailers and was concerned to find three retailers impose $90 million in fees annually when consumers ask for cash back with a debit or prepaid card purchase.

  • Jared Isaacman standing in a corporate office.
    Image attribution tooltip
    Courtesy of Shift4
    Image attribution tooltip

    Shift4 acquires Canadian gift card company for $148M

    Shift4 keeps buying up payments companies as it seeks to build out a global business servicing many sides of the industry.

  • Daniel Muller
    Image attribution tooltip
    Permission granted by Aeropay
    Image attribution tooltip

    Aeropay targets pay-by-bank evolution in US

    The Chicago fintech has moved from servicing small merchants to handling cannabis payments, and now it’s catering to gaming clients.

  • Closeup of a person's hands holding several credit cards.
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images
    Image attribution tooltip

    Consumers tap credit cards, loans to manage inflation: Fed report

    Gen Z and millennials were the age groups most likely to use loans and credit cards to respond to higher prices, a Federal Reserve research report said.

  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip

    Fed’s Waller eggs on payments research

    Federal Reserve Governor Christopher Waller encouraged attendees at a summer research workshop to keep exploring payments systems, and innovations to overcome frictions in financial markets.

  • Notice on counter next to cashier tells customers about credit card surcharge
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip
    Opinion

    Surcharging doesn’t have to be a bad word

    “The time has come to rethink surcharging not as a necessary evil but as a strategic advantage that can benefit both businesses and customers,” writes a Billtrust executive.

  • Stethoscope on bill statement.
    Image attribution tooltip
    9dreamstudio via Getty Images
    Image attribution tooltip

    U.S. Bank buys healthcare payments firm

    The bank’s acquisition of Tempe, Arizona-based Salucro Healthcare allows its Elavon unit to dig deeper into healthcare payments and billing services.