Banking


  • A sign is posted in front of an office at Google headquarters on February 02, 2023 in Mountain View, California
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    Justin Sullivan via Getty Images

    Google, Amex roll out anti-fraud tool

    Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.

    By Feb. 7, 2023
  • Influencer Paris Hilton wears a pink dress against an emerald green background while holding a landline phone up to her ear.
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    Permission granted by CNW Group/Klarna

    Klarna jumps back to Y2K with Paris Hilton

    An ad campaign developed with the fashion icon turned marketing pro reinvents her “That’s hot” catchphrase for the BNPL provider.

    By Peter Adams • Feb. 7, 2023
  • Several ways to pay displayed, including with a phone, a watch and a card at a point-of-sale device. Explore the Trendline
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    Natalia Darmoroz via Getty Images
    Trendline

    What comes next for payments in 2023?

    The payments industry is expected to keep blazing this year in several promising segments of the market, even as less capital flowing to startups is likely to trigger more competition and consolidation.

    By Payments Dive staff
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images

    Fiserv discloses acquisitions

    Even as the payments and fintech giant cut employees and sold off business units, the company spent $1 billion on acquisitions last year.

    By Feb. 7, 2023
  • Hand holding a phone with the Instacart App open.
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    Photo Illustration: Instacart; Getty Images

    Opinion

    Eliminating costly false declines online

    “False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.

    By Chris Ryan • Feb. 6, 2023
  • Making a card payment
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    PeopleImages via Getty Images

    Merchants frustrated with fees, tech issues

    Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.

    By Feb. 3, 2023
  • A group of executives meet
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    fizkes via Getty Images

    Payments firms make C-suite changes

    In addition to new CEO appointments at Visa and Marqeta, payments companies Paysend, AvidXchange, TreviPay and LeafLink recently installed new executives.

    By Tatiana Walk-Morris • Feb. 3, 2023
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    Permission granted by David Whitehead - Checkout.com

    Checkout.com changes up leadership

    The company promoted Céline Dufétel to president and elevated Nirupam Sinha to CFO as it pursues U.S. expansion and battles Stripe.

    By Elizabeth Flood • Feb. 2, 2023
  • Stephanie Ferris head shot
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    Courtesy of FIS

    FIS sheds 2,600 employees: report

    Amid a strategic review of operations, the payments processor and fintech giant has dismissed 2,600 workers, Bloomberg reported.

    By Feb. 2, 2023
  • Ria sign in convenience store window
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    Permission granted by Lynne Marek

    Euronet’s Dandelion takes on cross-border rivals

    The international network that grew out of Ria parent Euronet is extending its cross-border money movement pitch to banks and businesses.

    By Feb. 2, 2023
  • Consumer Financial Protection Bureau Director Rohit Chopra with his hand raised while speaking.
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    Win McNamee via Getty Images

    CFPB attacks credit card late fees

    The Consumer Financial Protection Bureau proposed a new rule that would effectively cap credit card late fees and potentially save Americans $9 billion.

    By Feb. 1, 2023
  • PayPal CEO Dan Schulman walking in front of trees
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    Drew Angerer via Getty Images

    PayPal to cut 7% of its workforce

    The digital payments pioneer said it’s cutting 2,000 employees as the company seeks to adapt to a new, more competitive environment.

    By Jan. 31, 2023
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    Just_Super via Getty Images

    Jack Henry earnings grab spotlight

    Customer appetite for Jack Henry's services is likely to attract analysts' attention in the upcoming earnings report.

    By Jan. 31, 2023
  • Marqeta CEO Simon Khalaf
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    Permission granted by Jordan Fellows

    Marqeta’s new CEO targets embedded finance

    Simon Khalaf, who takes the top job Tuesday, is counting on new embedded offerings to help expand the company’s services for corporate clients.

    By Jan. 31, 2023
  • The Department of Justice in Washington, D.C.
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    Drew Angerer via Getty Images

    Visa gets snarled in probes

    The card giant disclosed Friday that the Justice Department demanded more documents in an ongoing antitrust investigation, and the European Commission has opened a separate “preliminary investigation.”

    By Jan. 30, 2023
  • Ryan McInerney with arms folded
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    Permission granted by Andy Gerit

    Visa’s incoming CEO taps new team

    Ryan McInerney, who takes over as CEO of the card network giant this week, recently appointed a pack of new leaders.

    By Jan. 30, 2023
  • Stack of credit cards spread out
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    alexialex via Getty Images

    Visa, Mastercard, Amex results buoyed by consumer spending

    The card companies said that consumer demand, including for travel, remained healthy in the fourth quarter of 2022, though growth moderated.

    By Jan. 27, 2023
  • Stephanie Ferris head shot
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    Courtesy of FIS

    FIS sees another director resign

    A second director resigned this month from the mega payment processor’s board as it undertakes a comprehensive review of its operations.

    By Jan. 26, 2023
  • elizabeth warren
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    Spencer Platt via Getty Images

    Warren calls for more regulation of crypto

    The Democratic senator called SEC Chair Gary Gensler “the right leader to get the job done,” but said regulators need to do more to bolster their scrutiny of the industry.

    By Anna Hrushka • Jan. 26, 2023
  • Cryptocurrencies laying on a flat surface next to a smartphone that shows a chart with zig-zagging lines.
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    Jack Taylor via Getty Images

    Visa stands by crypto

    At the card giant’s annual meeting Tuesday, CEO Al Kelly showed no signs of backing off crypto. He also suggested Visa’s management team may change after he exits as CEO.

    By Jan. 26, 2023
  • A person in a coat rides a bicycle holding a red DoorDash bag.
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    Michael M. Santiago/Getty Images via Getty Images

    DailyPay lands $260M in debt financing

    The early wage access provider has been raising capital to fund expansion in the U.S. and internationally.

    By Jan. 26, 2023
  • coppel access fintech app
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    Permission granted by Grupo Coppel

    Retailer targets Mexican Americans for digital wallet

    The largest department store in Mexico is carving out a niche in offering digital and physical debit cards, as well as remittance services, to people sending payments over the border.

    By Gabrielle Saulsbery • Jan. 25, 2023
  • Phoenix midtown skyline with a Saguaro Cactus and other desert scenery in the foreground.
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    Opinion

    Why the Arizona AG opinion on EWA matters

    “The Arizona decision is in line with decades of decisions across the country that have found that non-recourse products are not loans,” the Payactiv authors write in this opinion piece.

    By Aaron Marienthal and Molly Jones • Jan. 24, 2023
  • A person's hand types on a keyboard while the other hand holds a credit card.
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    Poike via Getty Images

    Bluefin, Visa pursue network tokenization

    Bluefin is entering a partnership with card network giant Visa as worldwide payment fraud is predicted to rise in the coming years.

    By Tatiana Walk-Morris • Jan. 24, 2023
  • A customer using Amazon One to pay
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    Courtesy of Amazon

    Stripe, Amazon ‘deepening’ their tie

    Stripe has become “a strategic payments partner” in the U.S., Europe, and Canada for mega retailer Amazon under a renewed agreement.

    By Jan. 24, 2023
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    Jack Taylor / Stringer via Getty Images

    Gemini cut another 10% of staff: report

    The crypto exchange has been affected by Genesis' bankruptcy and the FTX contagion.

    By Gabrielle Saulsbery • Jan. 24, 2023