Banking: Page 4
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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 -
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 Lynne Marek • Aug. 25, 2025 -
Explore the Trendline➔
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TrendlineDigital 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 -
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 Lynne Marek • Aug. 22, 2025 -
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 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 Justin Bachman • Aug. 21, 2025 -
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 Lynne Marek • Aug. 19, 2025 -
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 Justin Bachman • Aug. 18, 2025 -
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 -
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 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 Justin Bachman • Aug. 14, 2025 -
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 Justin Bachman • Aug. 13, 2025 -
Shift4 helps crypto fans blast off
The payments company has started processing cryptocurrency transactions for the space flight company Blue Origin.
By Patrick Cooley • Aug. 12, 2025 -
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 Lynne Marek • Aug. 12, 2025 -
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 Patrick Cooley • Aug. 11, 2025 -
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 Patrick Cooley • Aug. 8, 2025 -
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 -
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 Lynne Marek • Aug. 7, 2025 -
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 Patrick Cooley • Aug. 7, 2025 -
FIS lines up acquisitions
After quietly buying Everlink, the payments processor has plans for more acquisitions “shortly,” the CEO said.
By Lynne Marek • Aug. 6, 2025 -
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 Patrick Cooley • Aug. 6, 2025 -
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 Patrick Cooley • Aug. 5, 2025 -
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 -
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 -
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 -
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 Lynne Marek • Aug. 4, 2025