Banking


  • A JPMorgan Chase logo stands in front of a building on a city street.
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    subman via Getty Images
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    Why small banks may shun Zelle

    The peer-to-peer payment network charges comparatively higher transaction rates, but also offers the potential for new customers, consultants say.

    By July 16, 2025
  • Apple introduces tap to pay on iPhone.
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    Courtesy of Apple
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    Cash App adds tap-to-pay for iPhone

    The Block payment tool now allows for contactless credit and debit card payments using Apple's smartphone. 

    By July 15, 2025
  • Hand of person tapping phone with dollar signs floating up Explore the Trendline
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    1401461124 via Getty Images
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    Trendline

    Top 5 stories from Payments Dive

    The digital evolution of payments is roiling the industry, forcing companies to rethink pricing schemes and revamp corporate strategies. Embedded payments, earned wage access, real-time systems and other innovations will transform the business.

    By Payments Dive staff
  • The US Federal Reserve building in Washington DC
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    uschools via Getty Images
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    Fedwire makes ISO leap

    The Federal Reserve shifted payments for the Fedwire Funds Service to a new international standard this week without any reported glitches.

    By July 15, 2025
  • fintechs JP Morgan Chase open banking APIs
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    Joe Raedle via Getty Images
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    Fintechs blast JPMorgan over data fees

    The largest U.S. bank says it will begin charging the firms to access customer financial data amid an open banking court battle.

    By Justin Bachman • July 15, 2025
  • Senators Tim Scott and Elizabeth Warren converse during a Senate Banking Committee meeting.
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    Chip Somodevilla / Staff via Getty Images
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    6 takeaways from the Senate’s crypto market structure hearing

    Senators largely agreed on the need for regulation, but differed on the potential focus and framing of such a bill.

    By Gabrielle Saulsbery • July 14, 2025
  • Connecticut State Capitol
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    DenisTangneyJr via Getty Images
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    Connecticut enacts controversial EWA law

    The state’s governor signed a measure last week that some earned wage access providers opposed.

    By July 14, 2025
  • A female nurse operates a touch screen in a medical clinic.
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    Don Wu via Getty Images
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    Opinion

    Why payments modernization can’t wait

    “The health care industry is a case study for what’s at stake when industries resist or delay modernizing their payment systems,” writes one payments executive.

    By Yusuf Qasim • July 11, 2025
  • FedNow Federal Reserve Bank
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    Mesut Dogan via Getty Images
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    Fed’s ISO ‘big bang’ hits

    The Federal Reserve’s shift of trillions of dollars in payments to the new ISO 20022 standard Monday will reverberate around the world.

    By July 11, 2025
  • Four credit cards with "Citizens" branding are shown at an angle lined up side by side.
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    Permission granted by Citizens
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    Citizens spies opportunity after Chase move

    As premium credit card fees climb, “it does create a little more room for us to compete in between,” the regional bank’s head of lending said.

    By Caitlin Mullen • July 10, 2025
  • money transfer Wise enforcement regulation
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    Simon Carter Peter Crowther via Getty Images
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    Wise to reform AML oversight

    The money transfer firm will pay $4.2 million and bolster anti-money laundering and other compliance in a consent settlement with six states.

    By Justin Bachman • July 10, 2025
  • Tesla CEO Elon Musk in the White House on May 30, 2025.
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    Kevin Dietsch via Getty Images
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    Column

    Will the X payments plan morph?

    With the exit of CEO Linda Yaccarino, it’s a question mark as to when, and whether, the company’s plan for an “everything app” will materialize.

    By July 10, 2025
  • swipe fees merchants interchange settlement Visa Mastercard
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    Fly View Productions via Getty Images
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    Visa, Mastercard vie for Treasury role

    The two biggest card networks bid for a piece of the Treasury Department’s program seeking to modernize the U.S. payments system.

    By July 9, 2025
  • CFPB open banking banks Russell Vought fintechs
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    Anna Moneymaker via Getty Images
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    Court denies open banking briefs

    A federal judge said “friend of the court” briefs wouldn't be helpful in litigation over the Consumer Financial Protection Bureau’s open banking rule.

    By Justin Bachman • July 9, 2025
  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    FICO reporting could stunt BNPL

    If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to offer their payment services to so many consumers.

    By July 9, 2025
  • Sen. Elizabeth Warren, wearing a red jacket, speaks into a microphone during a Congressional hearing.
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    Michael A. McCoy / Stringer via Getty Images
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    Warren demands Zelle scam update

    In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are doing to protect customers using the digital payments service.

    By July 8, 2025
  • An exterior of the Barclays Bank headquarters
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    Oli Scarff via Getty Images
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    DailyPay lands novel funding

    The on-demand pay company sourced $200 million from Barclays, Morgan Stanley and Citi through an asset-based securitization to accelerate growth.

    By Tatiana Walk-Morris • July 7, 2025
  • The Louisiana State Capitol Building in Downtown Baton Rouge
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    CRobertson via Getty Images
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    Louisiana, Connecticut advance EWA bills

    While Louisiana enacted a new earned wage access law this month, the controversy over state legislation rages on in Connecticut. 

    By July 7, 2025
  • A Louis Vuitton store.
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    Daphne Howland/Payments Dive
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    Shift4 strategy segues with Global Blue

    The deal is a departure from the company’s typical blueprint for acquisitions, according to analysts.

    By July 7, 2025
  • Alibaba Group sign displayed at booth
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    David Becker via Getty Images
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    Balance, Alibaba team on BNPL for biz clients

    Small and mid-sized businesses can now use Balance’s buy now, pay later financing on the global e-commerce marketplace. 

    By Tatiana Walk-Morris • July 2, 2025
  • Two people sending money to each other through a digital wallet app on their smartphones.
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    MStudioImages via Getty Images
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    Early Warning pitches Zelle to Treasury

    The company that owns the peer-to-peer service Zelle suggested the U.S. Treasury Department use that tool to replace checks with digital payments.

    By July 1, 2025
  • Fortnite And Travis Scott Present: Astronomical
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    Neilson Barnard / Staff via Getty Images
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    Affirm delves into in-game payments

    The buy now, pay later player is for the first time partnering with a company that provides in-game payment services to video game developers.

    By June 30, 2025
  • President Donald Trump boards Air Force One on June 10, 2025, in Joint Base Andrews, Maryland.
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    Anna Moneymaker via Getty Images
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    Payments firms switch up CFOs

    ACI Worldwide, Bill and Corpay lured chief financial officers from other companies this month as the health of the U.S. economy wavers.

    By June 30, 2025
  • CFPB open banking banks Russell Vought fintechs
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    Kayla Bartkowski via Getty Images
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    Fintechs ask court to uphold open banking

    Banks and the Consumer Financial Protection Bureau are misreading the law that enables open banking, the Financial Technology Association told a federal court.

    By Justin Bachman • June 30, 2025
  • Several Visa credit cards displayed on flat surface
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    Justin Sullivan via Getty Images
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    Visa, FIS boost value-added card services

    The companies say they aim to strengthen tech tools available for smaller financial institutions in issuing cards.

    By Tatiana Walk-Morris • June 30, 2025
  • Hand of businessman using smart phone with coin icon
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    I going to make a greatest artwork as I can, by my head, my hand and by my mind. via Getty Images
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    Stablecoins may act as finance bridge

    Stablecoins are like “another payment rail,” said Vince Tejada, who heads treasury and strategic finance at stablecoin infrastructure provider Bastion.

    By Grace Noto • June 26, 2025