The Latest

  • 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.

  • Woman using mobile phone while calculating the amount of her bills at home. Focus is on hand and cell phone.
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    skynesher via Getty Images
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    Sponsored by Adyen

    Compliance as competitive edge in embedded finance

    SaaS platforms that embed compliance into their operations can move faster, expand globally and win customer trust.

  • 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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    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.

  • A person holds a phone at a table; the Paypal logo is on the screen.
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    Alamy
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    PayPal spots ‘softer’ consumer spending

    The digital payments pioneer pointed to consumers’ smaller purchases in the third quarter, and sees the trend continuing.

  • Sign in shopping mall
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    Sam Silverstein/Payments Dive
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    BNPLs intrude on banks’ turf

    The buy now, pay later industry is increasingly offering services that are the purview of banks, such as deposit accounts and debit cards.

  • agentic AI commerce AI retailers digital shopping online retail
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    Nazar Rybak via Getty Images
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    Agentic AI raises liability issues

    Payments companies seek ways to address problems with AI agents making mistakes when shopping for consumers.

  • Klarna BNPL debit cards recurrent revenue subscriptions banks
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    Spencer Platt via Getty Images
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    Klarna touts perks to take on banks

    The buy, now pay later company is adding airport lounge access and magazine subscriptions to its monthly memberships to lure more customers.

  • Woman sits on couch typing on laptop.
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    Getty Images
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    Shoppers to tap BNPL for holidays

    Affordability and budget control are the top reasons U.S. consumers are using buy now, pay later services, according to a PayPal survey. 

  • Person sits holding phone on lap with display of earned wage access site.
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    George Walker/AP

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    Deep Dive

    EWA chases regulatory clarity

    The evolving earned wage access industry continues to be buffeted by federal regulatory upheaval, divergent state approaches and legal battles.

  • Person holds a phone that shows Buy with Prime and PayPal.
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    Courtesy of Amazon
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    PayPal, Mastercard advance agentic strategy

    The digital payments pioneer and card behemoth are locking arms to add agentic e-commerce shopping options.

  • Zelle Early Warning payments
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    Zelle parent pursues crypto for international payments

    The peer-to-peer money transfer company said it will leverage stablecoins to let users send money across borders.

  • A California state flag flies in San Francisco
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    Getty Images
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    Q&A

    States will play key role in regulation: Mallik

    A former top California regulator pointed to the importance of states in future regulation of the financial services industry, including in payments areas.

  • CFPB open banking banks Russell Vought fintechs
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    Anna Moneymaker via Getty Images
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    CFPB deluged with open banking comments

    Banks and fintechs aired their arguments regarding the federal agency’s proposed revision of a rule on sharing consumer data.

  • Exterior view of a PNC Bank branch with a revolving glass door. The building facade has large vertical columns. The PNC Bank sign features a blue and orange color scheme above the entrance.
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    Alamy
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    PNC, Capital One embrace FedNow

    PNC and Capital One, two major financial institutions that hadn’t yet joined the Federal Reserve’s instant payments system, are ready to do so.

  • A cook cuts onions in the kitchen at Ben's Chili Bowl on August 22, 2022 in Washington, DC.
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    Anna Moneymaker via Getty Images
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    Shift4 to buy Worldline subsidiaries

    The payment processor said acquiring the North American businesses will add 140,000 new merchant customers to its roster.

  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive
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    Waller floats ‘skinny’ Fed account

    Federal Reserve Gov. Christopher Waller proposed the central bank’s staff explore creating a limited payments account that might be suited to fintechs.