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    Block defends against short seller allegations

    The Jack Dorsey-led digital payments company pushed back by underscoring fraud mitigation tactics and account metrics for its Cash App business.

    By March 30, 2023
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    William_Potter via Getty Images

    US remains a laggard in real-time payments: report

    Though the U.S. lags behind other countries, the Federal Reserve is preparing to launch its own real-time payments infrastructure.

    By Tatiana Walk-Morris • March 30, 2023
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    Elena Lukyanova via Getty Images

    Growing fraud boosts focus on identifying customers

    With cybercriminals morphing and multiplying in the COVID-19 era, businesses on the counter-attack and government regulators are racing to keep up.  

    By Payments Dive staff
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    Cecilie_Arcurs via Getty Images

    Synchrony mulls creating a digital wallet

    The private label card company behind many retailers’ credit options may develop its own digital wallet, but for now it’s deferring to others’ wallets.

    By March 29, 2023
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    Analysts call on Block to share anti-fraud details

    Following a controversial short seller’s report, analysts advised digital payments company Block to share more information related to active user numbers and know-your-customer practices.

    By March 29, 2023
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    Courtesy of Apple

    Apple rolls out initial BNPL service

    The tech giant delivered an initial version of its long-awaited buy now, pay later service for select U.S. users, with plans for a broader launch later this year.

    By March 29, 2023
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    Credit card spending topped $13T last year: FIS report

    Global credit card transaction value rose both online and in stores last year, despite an earlier FIS projection of a decline. 

    By Tatiana Walk-Morris • March 28, 2023
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    oatawa via Getty Images

    Tandym adds retailers for rewards programs

    The private label digital credit card company is stacking up online retail customers, with plans to add debit options and in-store clients this year.

    By March 27, 2023
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    Dylan Gillis | Unsplash

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    Visa says the recession is irrelevant at Merchant Risk Council 2023

    Visa says a U.S. recession is nothing to worry about, but heightened fraud paints a different story.

    By Ronen Shnidman • March 27, 2023
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    The image by Ted Eytan is licensed under CC BY-SA 2.0

    CFPB funding is constitutional, 2nd Circuit court rules

    The decision creates a clear conflict between the Second and Fifth Circuits, providing the Supreme Court with further incentive to directly resolve the issue, said an attorney at Dorsey & Whitney.

    By Anna Hrushka • March 24, 2023
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    Justin Sullivan/ via Getty Images

    CFPB seeks to improve credit card transparency

    The agency wants to give consumers more information from credit card issuers so that it’s easier to compare the cards’ offers, especially their interest rates.

    By Tatiana Walk-Morris • March 24, 2023
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    Lynne Marek/Payments Dive

    FedNow attracts real-time payments early adopters

    Companies partnering with the Federal Reserve to test the real-time payments system see it as a way to draw customers and get an edge on rivals.

    By March 23, 2023
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    Khosrork via Getty Images

    Bank failures could cause SMB credit crunch

    The future small business lending landscape and opportunities for fintechs are shifting in the wake of Silicon Valley Bank’s collapse, according to one fintech CEO.

    By Anna Hrushka • March 22, 2023
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    baona via Getty Images

    Nacha CEO counts FedNow as competition

    Although FedNow will be a competitor to the ACH network, it’s also poised to fill current gaps in the system, Nacha CEO Jane Larimer said Monday.

    By March 21, 2023
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    Scott Olson via Getty Images

    Amex shareholders to vote on abortion-related proposal

    The card company sought to block the proposal from facing a shareholder vote at Amex’s annual meeting in May, but the SEC said it must be voted on.

    By March 21, 2023
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    Apto Payments, Sardine team on anti-fraud tools

    Apto Payments and Sardine are joining forces to offer commercial customers issuing cards better anti-fraud tools.

    By Tatiana Walk-Morris • March 20, 2023
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    Lynne Marek/Payments Dive

    Western Union CEO gives rivals respect

    The legacy money transfer company has lost the advantage of scale over younger fintechs like Remitly and Wise, but it’s discounting digital services to claw back customers.

    By March 20, 2023
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    Vaidik Trivedi

    Brex, other fintechs stand by troubled banks

    After a week of several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

    By Gabrielle Saulsbery • March 17, 2023
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    Democrats slam card CEOs on gun code

    A group of attorneys general took card company CEOs to task for pulling an about-face on implementing the gun merchant category code.

    By March 16, 2023
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    Payments execs detail SVB impact

    The Silicon Valley Bank downfall that sent shockwaves through the financial industry forced fintechs, such as Affirm and Marqeta, to react fast.

    By , March 16, 2023
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    Lynne Marek/Payments Dive

    FedNow aims for late end of launch period

    The Federal Reserve is targeting July, as opposed to the earlier end of its prior range, for starting its new real-time payments service.

    By March 16, 2023
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    Scott Olson via Getty Images

    Visa, Mastercard depict bank failure impact

    As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.

    By March 15, 2023
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    Justin Sullivan via Getty Images

    Fiserv, Jack Henry CEOs react to bank crisis

    Payments processors’ CEOs this week described how their companies were affected by the recent bank industry turmoil, downplaying the impact.

    By , March 15, 2023
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    Amex bets on millennials, Gen Z for growth

    As it pursues younger consumers, the company is angling to ensure its high-fee cards offer enough value for millennials and Gen Zers.

    By March 14, 2023
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    Tilia C-suite gets overhaul

    The payments startup has a new team of top executives to spearhead payments for gaming, social media and other next-generation marketplaces.

    By March 14, 2023
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    Courtesy of Etsy

    Retail brands react to Silicon Valley Bank’s collapse

    The merchants explained how the SVB situation had affected their sales, online commerce, payments and finances.

    By Dani James • March 13, 2023