Banking
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Opinion
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 Trendlineâž”
ArtemisDiana via Getty ImagesTrendlineCross-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 -
Q&A
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 -
Opinion
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 -
unsplashed.com/Simon Kadula
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 -
The image by Massimo Catarinella is licensed under CC BY-SA 2.0
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 -
Caitlin Mullen/Payments Dive, data from Fiserv
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 -
Column
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