The Latest

  • A person uses a credit card to pay for a purchase on a computer
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    Poike via Getty Images
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    Lightspeed discloses strategic reorganization

    The Canadian payments software company said it expects the operational overhaul to impact 200 workers and result in savings that can be redirected to its priorities.

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    Permission granted by Adyen
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    Sponsored by Adyen

    The $185 billion opportunity: How platforms can leverage embedded finance to unlock additional revenue streams

    Although early-adopting platforms are already reaping the rewards of embedded finance, crucially, supply has not yet caught up with demand.

  • A person in an apparel store can be seen through a Black Friday sign in a store window.
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    Kena Betancur via Getty Images
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    Black Friday winners and losers

    Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.

  • A women in a cardigan sweater and white shirt smiles while holding a phone in her right hand and two packages in her left.
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    AsiaVision via Getty Images
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    Consumers grab credit cards for holiday shopping

    Credit card debt will not slow shoppers down as they spend for the holidays, according to a new survey of U.S. consumers.

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    Leon Neal via Getty Images
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    Musk calls for end to CFPB

    The presumed Trump Cabinet appointee said there “are too many duplicative regulatory agencies,” calling out the consumer watchdog specifically Wednesday.

  • Credit card and payment type logos Visa, Mastercard, Discover and American Express displayed on drive-up window.
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    Lynne Marek/Payments Dive
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    Credit card delinquencies mount, Fed says

    Consumers’ credit card delinquencies have risen this year, along with their balances, according to an annual Federal Reserve Board report.

  • The Capital One logo is displayed on the side of its headquarters in McLean, Va.
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    Win McNamee via Getty Images
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    Democrats bash CapOne-Discover merger proposal

    A group of Congress members told federal regulators to consider Capital One’s regulatory infractions in reviewing its proposed acquisition.

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    Informa TechTarget

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    Note from the Editor-in-Chief

    A change in ownership and what it means for our readers.

  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    BNPL use may rise this year for holiday shopping

    With credit card interest rates at a historic high, consumers are likely to gravitate to lower-cost alternatives, including potentially buy now, pay later options, industry consultants say.

  • Bitcoin and dollars
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    Dan Kitwood via Getty Images
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    Q&A

    Ex-PayPal CEO opines on everything from crypto to Cobol

    Bill Harris, who briefly led the payments pioneer, talks about the U.S. lagging in payments innovation, and the potential of stablecoins.

  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images
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    Visa to boost credit card fees next year

    The network is expected to increase some fees it charges for credit card payments, according to a notice referenced during a Senate hearing last week.

  • Frustrated young woman with a smartphone in her hands while she sits on a couch at home.
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    Pekic via Getty Images
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    Push payment scam losses to surpass $3B by 2028: report

    U.S. fraud losses due to push payment scams are rising, partly because of more real-time payments, according to a report from the payments company ACI Worldwide.

  • Discover sign at driveway entrance to headquarters with flowers in front.
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    Lynne Marek/Payments Dive
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    Richmond Fed seeks more CapOne-Discover input

    The regional Fed bank, which has purview for the proposed merger, demanded more information from the bank as it considers whether to approve the deal.

  • Hand of person tapping phone with dollar signs floating up
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    1401461124 via Getty Images
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    Real-time payments scams rise

    More people are falling for real-time payment scams as the use of such speedy systems increases, a FICO survey showed. 

  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
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    Anna Moneymaker via Getty Images
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    CFPB tweaks big tech payments rule

    In finalizing the new rule to oversee digital wallet providers Thursday, the Consumer Financial Protection Bureau said it made important changes to its initial proposal.

  • A sign is seen outside of an Amazon Go store at the Amazon.com Inc. headquarters on May 20, 2021 in Seattle, Washington.
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    David Ryder via Getty Images
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    Amazon now accepts EBT card payments

    The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.

  • Shot of PayPal headquarters
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    Justin Sullivan via Getty Images
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    Deep Dive

    PayPal CEO pushes beyond payments

    After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.

  • Washington DC, USA skyline on the Potomac River.
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    Sean Pavone via Getty Images
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    DC attorney general sues EarnIn over ‘deceptive’ marketing

    The fintech couches its “cash out” product as earned wage access, but it’s a loan that, at times, carries 300% interest with a poorly disclosed fee for “instant” payouts, the AG said.

  • A person drags debris through a residential street in Florida affected by a recent hurricane
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    Sean Rayford via Getty Images
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    Opinion

    How passing the CCCA would benefit nonprofits

    "Nonprofits and charities need every penny they can get to make effective change in times of crisis, yet big banks and credit card companies continue to take their cut," writes one policy analyst.

  • Senator sitting in chamber holds up paper
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    Win McNamee via Getty Images
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    Senate grills Visa, Mastercard executives over swipe fees

    Executives from the card networks were on the defensive Tuesday when members of the Senate Judiciary Committee berated them over high fees merchants must pay to accept credit card payments.

  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
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    Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
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    Google Pay adds Afterpay BNPL services

    Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.

  • Exterior of the state capitol of Illinois in Springfield, IL
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    rruntsch via Getty Images
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    State interchange fee legislation makes meager progress

    As Illinois fights to preserve its landmark law exempting state taxes from the calculation of card interchange fees, other states are making little progress with similar legislative proposals.

  • A person uses a credit card to pay for a purchase on a computer
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    Poike via Getty Images
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    Scams ensnare even sophisticated consumers, Fed says

    Criminals leverage advanced technology to make so-called mule accounts that pass as humans and persuade consumers to send money to scammers, a Kansas City Fed paper says.

  • A picture of an Uber Mastercard
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    Courtesy of Uber
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    Mastercard aims to cancel manual card entry by 2030

    The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

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    Dan Kitwood/Getty Images News via Getty Images
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    Opinion

    Payments players should embrace digital currencies

    “Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.

  • Sen. Durbin grimaces at committee meeting.
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    Anna Moneymaker via Getty Images
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    Column

    Durbin gives credit card bill another Senate push

    Senate Democrat Dick Durbin is intent on pursuing the Credit Card Competition Act, and perhaps preserving his political future.