Banking: Page 3
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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 -
Explore the Trendline➔
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 -
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 -
PayPal pays up for talent
The digital payments pioneer delivered sizable pay packages last year after it hired new executives, including one landing $29.4 million in annual compensation.
By Lynne Marek • April 25, 2025 -
Illinois AG, Durbin defend state card fee law
They filed a second brief supporting a state law that excludes taxes and tips from card interchange fees.
By Justin Bachman • April 25, 2025 -
Capital One readies for Discover integration work
With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.
By Caitlin Mullen • April 24, 2025 -
Trade group pushes directory for instant payments
The U.S. Faster Payments Council advocated for an open and secure directory service to increase real-time payment adoption, per a report earlier this month.
By Lynne Marek • April 23, 2025 -
FedNow draws 1,300 financial firms
The instant payments service has attracted mostly small and mid-sized financial services firms as it inches up adoption by financial institutions.
By Tatiana Walk-Morris • April 23, 2025 -
Q&A
Write off paper checks, ACI Worldwide CEO advises
Tom Warsop praised the Trump administration’s move to eliminate paper checks and suggested businesses should do the same.
By Lynne Marek • April 22, 2025