Banking


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    Opinion

    Don’t make Americans pay to pass financial data

    “Pausing or gutting Rule 1033 wouldn’t just stall innovation,” writes one industry executive who has international perspective. “It would send a message that the system works best when it’s closed.”

    By Jamie Twiss • June 20, 2025
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    JPMorgan, Amex flash new cards

    Both companies teased premium card refreshes in the past two weeks, reflecting the race for high-end card holders.

    By June 20, 2025
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    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
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    Amex, Fiserv cite inflation benefit

    “Modest” price increases benefit card and payment companies as long as the economy doesn’t trip into a recession, executives say.

    By June 17, 2025
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    Federal Reserve targets fraud

    Federal agencies took aim at payments fraud Monday, proposing more collaboration, including with states, to combat the rising problem, especially with respect to paper checks.

    By June 17, 2025
  • Senator Roger Marshall (R-Kan.) speaks during a Senate HELP committee hearing
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    Column

    Credit card bill crusade persists

    Sens. Dick Durbin and Roger Marshall may have lost their latest bid to win a congressional vote on the Credit Card Competition Act, via stablecoin legislation, but proponents are undeterred.

    By June 16, 2025
  • A person's hand holding a phone and on the screen is an image of a shopping cart with a banner above that says "BUY NOW PAY LATER!A
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    CFPB, consumer groups clash over BNPL

    The battle over buy now, pay later — whether it’s helpful or hurtful to users — persists even after the Consumer Financial Protection Bureau last month withdrew its rule regulating such services.

    By June 16, 2025
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    Deep Dive

    Open banking to survive Trump, fintechs say

    Consumers and financial services firms will pursue their mutual interests in sharing personal data, despite a move by the Consumer Financial Protection Bureau to extinguish the trend, industry experts contend.

    By Justin Bachman • June 16, 2025
  • Point-of-sale device, with Adyen and Verifone logos, sits on store counter next to stapler and calculator.
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    Lynne Marek/Payments Dive
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    Adyen opts for build over buy

    The Dutch payments processor eschews acquisitions in favor of building its own systems to drive growth, including in the U.S. market.

    By June 12, 2025
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    Drivers seek digital payment options

    Digital payments are on the rise, but toll road payments are lagging behind.

    By Tatiana Walk-Morris • June 12, 2025
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    Courtesy of Affirm
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    Affirm boasts 2 million debit cards

    The number of such cards the buy now, pay later provider has now made available is an increase of about 600,000 cards since January.

    By June 11, 2025
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    Q&A

    FTA CEO says open banking central to fintechs’ work

    The leader of the Financial Technology Association sees a federal court battle over the Consumer Financial Protection Bureau rule as critical to innovation.

    By Justin Bachman • June 10, 2025
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    Courtesy of Courtesy of Circle
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    Opinion

    GENIUS Act is just the beginning

    “The bill tackles the fundamental question that has paralyzed our industry: what exactly is a stablecoin, and who gets to regulate it?” writes one Tulane University professor.

    By Ryan Peters • June 10, 2025
  • Fiserv's headquarters in downtown Milwaukee
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    Fiserv CEO embraces stablecoins

    The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.

    By June 10, 2025
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    Walmart taps Mastercard, Synchrony for new cards

    The retail juggernaut’s OnePay affiliate is working with the card issuer and the network to launch general purpose and private label credit cards later this year.

    By June 9, 2025
  • Wex CEO and chair Melissa Smith
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    Wex eyes HSA benefit from budget amid pressure

    The payments software company may get a boost if the U.S. budget allows for more consumer health savings accounts. It could use a lift, given recent shareholder dismay.

    By June 9, 2025
  • Fiserv's headquarters in downtown Milwaukee
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    Fiserv buys out AIB Merchant Services

    The payments processor’s deal to buy the ownership stake that it doesn’t already own is expected to give it a stronger foothold in Europe.

    By June 6, 2025
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    Amex leans into B2B payments

    The card company aims to spur more business spending by corporate clients to buttress volume in the face of a possible recession.

    By June 6, 2025
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    Opinion

    Don’t Turn Back the Clock on earned wage access

    The Consumer Financial Protection Bureau “should settle this issue once and for all by issuing an expanded (EWA) advisory opinion,” writes a trade group leader.

    By Brian Tate • June 6, 2025
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    Payments sector called “indisputable winner”

    Providers of payments services generated about a third of the $378 billion in global fintech revenue last year, according to a new report. The sector is poised for more growth with AI innovation.

    By Gabrielle Saulsbery • June 6, 2025
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Shift4 appoints new CEO

    The digital processor named Taylor Lauber to the post and appointed founder Jared Isaacman as executive chairman, a Thursday regulatory filing said.

    By June 5, 2025
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    Visa picks value-added services head

    The global card network is shuffling its executive leadership as it bolsters efforts to sell ancillary software and advisory services.

    By Tatiana Walk-Morris • June 5, 2025
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    MoneyGram CEO targets digital remake

    Anthony Soohoo is tackling a digital transformation of the legacy cross-border payments company, leaning on experience at Walmart and Apple.

    By June 4, 2025
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    Airlines decry proposed card amendment

    Airline and aviation industry stakeholders argue the Marshall-Durbin amendment to the GENIUS Act bill would harm consumers and workers by undercutting credit card revenue.

    By Tatiana Walk-Morris • June 3, 2025
  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    CFPB seeks to end open banking case

    The Consumer Financial Protection Bureau and its former court foes are now in agreement: an open banking rule shouldn't be considered lawful.

    By June 2, 2025
  • Exterior of the state capitol of Illinois in Springfield, IL
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    Illinois delays interchange law

    Over the weekend, the state’s legislature voted to delay implementation of a law that would ban card interchange fees on tips and taxes.

    By June 2, 2025