Let’s scrap paper checks

If the federal government can ditch paper checks, so can the private sector, one industry CEO contends.

By Chase Gilbert • May 16, 2025

FTA to defend open banking in court

The Financial Technology Association will seek to protect a Consumer Financial Protection Bureau open banking rule after receiving a federal judge’s permission to intervene.

By Justin Bachman • May 15, 2025

Explore the Trendline➔

Cross-border payments targeted for upgrades

When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

By Payments Dive staff

Banks struggle to talk about fraud

Financial institutions battling an increase in fraud, particularly push-payment scams, have been stymied in sharing information that might help them better protect customers.

By Lynne Marek • May 15, 2025

Credit card delinquencies rise: NY Fed

Meanwhile, U.S. credit card balances declined and credit card aggregate limits inched up from the prior quarter, the New York Fed said.

By Tatiana Walk-Morris • May 15, 2025

Warren prods DOJ to block Capital One-Discover deal

The senator urged the Justice Department’s new antitrust czar, who's expressed concern over the creation of too-big-to-fail firms, to take action.

By Dan Ennis • May 14, 2025

JPMorgan Chase taps payments tech head

The bank’s payments arm named Sri Shivananda to head up its technology operations this year. Now, he’s overseeing decisions on stablecoins, real-time transactions and other advances.

By Lynne Marek • May 14, 2025

BNPL users struggle with payments

Nearly half of U.S. adults who have used buy now, pay later services experienced financial difficulties, such as overspending or missing a bill payment, according to a recent survey.

By Patrick Cooley • May 13, 2025

Stablecoin bill falters in Senate

Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial system – and raised concerns about Trump’s ties with crypto ventures.

By Rajashree Chakravarty • May 12, 2025

Cash App profits disappoint

Block reported just 10% growth in first-quarter gross profit for Cash App, even after it added Afterpay to Cash App debit cards.

By Patrick Cooley • May 12, 2025

Banks must accelerate ISO 20022 prep

“While larger banks have made considerable progress in preparing for this transition, smaller regional banks and credit unions are largely lagging,” writes one IT executive.

By Robert Turner • May 9, 2025

Mastercard faces cross-border headwinds

The credit card network reported a first-quarter slowdown in the growth of international travel, a potential warning sign amid economic uncertainty.

By Patrick Cooley • May 8, 2025

AvidXchange swallowed in $2B deal

The accounts payable software firm agreed to be taken private in an acquisition by investment company TPG and card processor Corpay.

By Lynne Marek • May 8, 2025

Indiana passes EWA law

The state follows others, including Nevada and Wisconsin, in instituting licensing requirements for earned wage access providers.

By Tatiana Walk-Morris • May 7, 2025

CFPB spurns BNPL rule

The Consumer Financial Protection Bureau won’t prioritize enforcement actions related to buy now, pay later payments, the agency said in a notice.

By Lynne Marek , Patrick Cooley • May 7, 2025

Fiserv names Michael Lyons CEO

The company disclosed the promotion minutes after the U.S. Senate voted to confirm outgoing CEO Frank Bisignano as commissioner of the Social Security Administration.

By Patrick Cooley • May 6, 2025

Visa pursues stablecoins for cross-border payments

The biggest U.S. card network is setting up partnerships and innovating behind the scenes to develop stablecoins for cross-border uses.

By Lynne Marek • May 6, 2025

Warren, Waters urge Fed to reconsider Capital One-Discover

The Democratic lawmakers blasted the central bank’s “analysis, or lack thereof,” arguing the Fed “parroted assertions made by Capital One.”

By Dan Ennis • May 6, 2025

Senate to vote on Fiserv CEO for SSA post

The Senate Finance Committee chair urged colleagues to support Frank Bisignano to become head of the Social Security Administration when they vote on his nomination this week.

By Patrick Cooley • May 5, 2025

Zelle service glitch tied to Fiserv resolved

The P2P payments experienced technical troubles Friday as Fiserv cited an "internal issue" that disrupted its service.

By Justin Bachman • Updated May 5, 2025

Green Dot, Crypto.com partner for banking services

Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services. 

By Tatiana Walk-Morris • May 2, 2025

Walmart drives toward instant payments

The mega retailer is eager to use more real-time payments as it speeds up digital services for cost-conscious customers.

By Lynne Marek • May 1, 2025

Executive Shuffle: JPMorgan, Mastercard and PayZen

Payments and fintech companies are targeting growth, often by harnessing technology, with their recent executive appointments.

By Patrick Cooley • April 30, 2025

Paze aims to pump up the volume with Fiserv

The digital wallet owned by seven banks has loaded 150 million customer cards onto the system. Now, it’s working with its processor ally to add more banks.

By Lynne Marek • April 29, 2025

ATM provider Hyosung Americas issues security alert

The cash machine maker called for a software update, with locations in the Northeast and on the West Coast particularly at risk.

By Tatiana Walk-Morris • April 28, 2025

Durbin to keep pushing card bill

The retiring Senate Democrat plans to reintroduce the Credit Card Competition Act proposal despite plans to wrap his four-decade congressional career.

By Lynne Marek • April 28, 2025