Banking: Page 4


  • CFPB Russell Vought
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    Anna Moneymaker via Getty Images
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    CFPB proposes trimming nonbank purview

    A CFPB rule proposed Tuesday would restrict the bureau’s ability to supervise nonbanks. The agency said it aims to adopt a binding, standardized definition of “risks to consumers” that would make enforcement consistent.

    By Caitlin Mullen • Aug. 27, 2025
  • Dollar bills and finance and banking on digital stock market financial exchange
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    Getty Images
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    Payments investments, acquisitions slid in H1

    Investments in the payments sphere plummeted for the first half of the year, as did acquisitions in the area, according to a KPMG report.

    By Aug. 25, 2025
  • Trendline

    Digital wallets proliferate as features advance

    As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

    By Payments Dive staff
  • An aerial view rendering of a campus on the waterfront.
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    Permission granted by Clayco
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    Will payments be ‘quantum safe’ by 2035?

    The federal government and industry organizations warn that fraudsters could use the advanced technology to hack into payments systems.

    By Aug. 22, 2025
  • An exterior shot of a Fifth Third Bank location is shown
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    Courtesy of Fifth Third
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    Fifth Third buys payments player

    The acquisition of cash management software firm DTS Connex bolsters the bank’s commercial payments business, which already processes significant sums, specifically $17 trillion last year.

    By Gabrielle Saulsbery • Aug. 21, 2025
  • CFPB open banking banks Russell Vought fintechs
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    Anna Moneymaker via Getty Images
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    CFPB seeks comments for new open banking rule

    The agency wants to learn about costs, fees and consumer data risks associated with open banking as it seeks to revise a 2024 rule.

    By Aug. 21, 2025
  • A worker prices items at a retail store on July 15, 2025, in New York City.
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    Spencer Platt via Getty Images
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    EarnIn draws adverse court ruling

    A federal judge ruled against the earned wage access company in a decision earlier this month, saying lending laws apply to its business.

    By Aug. 19, 2025
  • A smartphone screen displaying the logos of various peer-to-peer payment apps, including PayPal, Zelle, Venmo, Google Pay, Cash App, Apple Wallet, Payoneer, and Facebook Messenger.
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    Alamy
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    Early Warning shirked safeguards, NY says

    As states step into the breach left by the CFPB, New York alleges Zelle’s parent devised security policies in 2019 to counter fraud on the payments network, but didn’t impose them for four years.

    By Aug. 18, 2025
  • Federal Reserve building renovations
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    Michael M. Santiago via Getty Images
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    ACH payments used for ex-banker’s fraud

    A former Alabama banker made some 273 fraudulent ACH transactions over 10 years, ultimately embezzling about $2.3 million, the DOJ said.

    By Rajashree Chakravarty • Aug. 18, 2025
  • An Uber driver on a red moped delivers items to a customer.
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    Permission granted by Uber Health
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    Opinion

    The case for earned wage access

    “This is a tool that workers value and that policymakers should make more accessible, full stop,” one economist writes.

    By Jonathan Davis • Aug. 15, 2025
  • Klarna IPO BNPL buy now pay later Sebastian Siemiatkowski
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    John Phillips for SXSW London via Getty Images
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    Klarna buffs results ahead of IPO

    The BNPL giant says consumer defaults ebbed and active users surged in the second quarter as the company ponders when to go public.

    By Aug. 14, 2025
  • Jeremy Allaire Circle Internet stablecoins blockchain crypto
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    Jemal Countess/for TIME via Getty Images
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    Circle courts broader payments community

    The company is seeking partnerships to boost the use of its USDC coin in payments, along with its cryptocurrency tools and services.

    By Aug. 13, 2025
  • Blue Origin flight
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    Permission granted by Medidata
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    Shift4 helps crypto fans blast off

    The payments company has started processing cryptocurrency transactions for the space flight company Blue Origin.

    By Aug. 12, 2025
  • Exterior sign of a money transfer agency featuring logos for Ria, Western Union, and MoneyGram, mounted on a stone building in France.
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    Alamy
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    Western Union makes $500M acquisition

    The old line money transfer company bought a rival as it seeks to bolster growth, particularly in Latin America.

    By Aug. 12, 2025
  • payments recurring bills B2B Paymentus
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    Getty Images
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    Q&A

    AI takes on bill payments

    Paymentus CEO Dushyant Sharma explained how his company is using AI to make paying bills digitally more efficient.

    By Aug. 11, 2025
  • Block Head Jack Dorsey testifies during a Senate Intelligence Committee hearing on Capitol Hill.
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    Drew Angerer via Getty Images
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    Block courts teen app users

    The company announced a focus on keeping its youngest customers on Cash App to secure future growth for the platform.

    By Aug. 8, 2025
  • President Donald Trump stands outside the White House on June 15, 2025, in Washington, D.C.
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    Tasos Katopodis via Getty Images
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    Opinion

    Big bank moves threaten innovation

    That threat extends to American leadership, but the Trump administration can address it in a revised open banking rule, trade group leaders say.

    By Penny Lee and Ji Hun Kim • Aug. 8, 2025
  • The Federal Reserve building at sunset.
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    Getty Images
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    Judge vacates debit fee regulations

    The federal court ruling potentially forces the Federal Reserve to revisit rules on fees banks can charge merchants when consumers swipe debit cards.

    By Aug. 7, 2025
  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Shift4 faces CFO, board departures

    The payment processor’s CFO will step down and join the board, while the company founder’s father said he will resign from the board.

    By Aug. 7, 2025
  • The long cable stayed Gordie Howe bridge spans the U.S. and Canada.
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    Courtesy of Windsor-Detroit Bridge Authority
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    FIS lines up acquisitions

    After quietly buying Everlink, the payments processor has plans for more acquisitions “shortly,” the CEO said.

    By Aug. 6, 2025
  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Georgia bank charter attracts two more takers

    One payments company has applied for the special acquirer credential and another has expressed interest, a state official said.

    By Aug. 6, 2025
  • A JPMorgan Chase logo stands in front of a building on a city street.
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    Getty Images
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    Will JPMorgan take a bigger bite of Apple?

    If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.

    By Aug. 5, 2025
  • An Arvest Bank branch building pictured at sunset.
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    Courtesy of Arvest Bank
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    Finzly CFO seeks ‘connectivity’

    As the first CFO for the payments infrastructure provider, software alum Adam Carson aims to upgrade the finance role from a "backseat function."

    By Grace Noto • Aug. 5, 2025
  • Open box with pepperoni pizza showing through small opening.
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    Joe Raedle via Getty Images
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    When will you be able to buy a pizza with stablecoin?

    The Genius Act is law. Here’s how 5 professionals in the payments industry view prospects for the digital currency becoming a daily payment option.

    By Justin Bachman • Aug. 5, 2025
  • A photo of a Bitcoin Depot bitcoin ATM.
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    Courtesy of Bitcoin Depot
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    Shuffle: Finzly, Bitcoin Depot and PayIt

    Fintech companies made new CFO and other executive appointments last month as they brace for economic and regulatory headwinds.

    By Tatiana Walk-Morris • Aug. 4, 2025
  • A hand holding an iPhone showing the Apple Pay setup screen. The interface displays a Mastercard graphic with instructions for adding a card, and the phone is partially in its packaging against a warm yellow background.
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    Alamy
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    Mastercard backs open banking

    The card network’s CEO favors the worldwide open banking trend, and predicts it will be a “winning proposition over time.”

    By Aug. 4, 2025