The Latest
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Payoneer CEO sees trade bumps as short-term
Entrepreneurs will adapt rapidly amid the global trade disruption, and geographic reach is key to B2B cross-border payments, CEO John Caplan says.
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Leo Patrizi via Getty Images
Ramp raises $200M
The maker of software to oversee corporate spending and procurement is now valued at $16 billion with its latest capital raise.
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Mesut Dogan via Getty Images
Federal Reserve targets fraud
Federal agencies took aim at payments fraud Monday, proposing more collaboration, including with states, to combat the rising problem, especially with respect to paper checks.
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Permission granted by Jenifer Howard
Cantaloupe scooped up for $848M
The self-checkout kiosk company was purchased by 365 Retail Markets, a firm focused on self-service technology and backed by private equity firm Providence Equity Partners.
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Permission granted by MoneyGram
MoneyGram settles NY AG lawsuit
The money transmitter will pay a $250,000 civil fine to resolve claims it violated consumer laws with its remittances practices.
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Andrew Harnik via Getty Images
Illinois delays interchange fee law
Gov. JB Pritzker has signed a bill that delays implementation of a controversial new law that would bar interchange fees on taxes and tips in Illinois.
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Kayla Bartkowski via Getty Images
Deep DiveOpen banking to survive Trump, fintechs say
Consumers and financial services firms will pursue their mutual interests in sharing personal data, despite a move by the Consumer Financial Protection Bureau to extinguish the trend, industry experts contend.
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Kevin Dietsch via Getty Images
ColumnCredit card bill crusade persists
Sens. Dick Durbin and Roger Marshall may have lost their latest bid to win a congressional vote on the Credit Card Competition Act, via stablecoin legislation, but proponents are undeterred.
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Creative via Getty Images
CFPB, consumer groups clash over BNPL
The battle over buy now, pay later — whether it’s helpful or hurtful to users — persists even after the Consumer Financial Protection Bureau last month withdrew its rule regulating such services.
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Michael M. Santiago via Getty Images
NY legislature backs bill to protect cash
The state’s two chambers voted in favor of a bill that requires New York retailers to accept cash, following a trend set by other states and cities.
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Daniel Balakov via Getty Images
Tapcheck embeds EWA in payroll
Recent integrations with HR management platforms position the Texas earned wage access startup for growth.
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Andrew Harnik via Getty Images
Senators push payments fraud task force
A proposed bipartisan bill would bring together regulators and law enforcement to formulate measures aimed at reducing payment scams.
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Lynne Marek/Payments Dive
Adyen opts for build over buy
The Dutch payments processor eschews acquisitions in favor of building its own systems to drive growth, including in the U.S. market.
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Patrick Smith via Getty Images
Drivers seek digital payment options
Digital payments are on the rise, but toll road payments are lagging behind.
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Payoneer CFO sees stablecoin hurdles
The “last mile” infrastructure for stablecoin payment rails carries some challenges for the industry to resolve, Payoneer’s Bea Ordonez says.
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miljko via Getty Images
Visa, Mastercard race to agentic AI commerce
The two top U.S. card networks are speeding to develop payments services that will enable bot-based buying, with digital rival PayPal also making a play.
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Sean Gallup via Getty Images
Sezzle sues Shopify in BNPL battle
The buy now, pay later provider says Shopify violated antitrust laws when it sought to dominate BNPL transactions on its merchants’ platform.
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Courtesy of Affirm
Affirm boasts 2 million debit cards
The number of such cards the buy now, pay later provider has now made available is an increase of about 600,000 cards since January.
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Permission granted by Fiserv
Fiserv CEO embraces stablecoins
The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.
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Chor muang via Getty Images
Q&AFTA CEO says open banking central to fintechs’ work
The leader of the Financial Technology Association sees a federal court battle over the Consumer Financial Protection Bureau rule as critical to innovation.
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Courtesy of Courtesy of Circle
OpinionGENIUS Act is just the beginning
“The bill tackles the fundamental question that has paralyzed our industry: what exactly is a stablecoin, and who gets to regulate it?” writes one Tulane University professor.
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Permission granted by Lori's Gifts
Deep DiveCheckout-free payments may yet rise
Rapidly advancing artificial intelligence could let cashierless payment companies succeed where Grabango failed, industry insiders and observers say.
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iStock Editorial / Getty Images Plus via Getty Images
Walmart taps Mastercard, Synchrony for new cards
The retail juggernaut’s OnePay affiliate is working with the card issuer and the network to launch general purpose and private label credit cards later this year.
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Permission granted by Wex
Wex eyes HSA benefit from budget amid pressure
The payments software company may get a boost if the U.S. budget allows for more consumer health savings accounts. It could use a lift, given recent shareholder dismay.
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Permission granted by Fiserv
Fiserv buys out AIB Merchant Services
The payments processor’s deal to buy the ownership stake that it doesn’t already own is expected to give it a stronger foothold in Europe.
