Banking: Page 5
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Payroc to buy LedgerPay
The growing payments processor has agreed to acquire the cloud-based peer, and may have more targets in its sights.
By Lynne Marek • July 23, 2025 -
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Instant paychecks pose moral dilemma for Yooz CFO
The accounts payable software company may offer earned wage access benefits to employees. Yooz CFO John Gronen has reservations.
By Maura Webber Sadovi • July 22, 2025 -
Explore the Trendlineâž”
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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 -
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How much will killing the penny cost?
The Federal Reserve Bank of Richmond, Virginia, estimates American consumers will pay millions of dollars more annually as merchants round up.
By Lynne Marek • July 22, 2025 -
Photo by Bryan Bedder/Getty Images for Capital One via Getty Images
Flexbase adds perks on Visa card
Entrepreneurs are affluent and want a business card that offers them the same perks as high-end consumer cards, the company’s CEO says.
By Justin Bachman • July 22, 2025 -
Permission granted by Fiserv
Fiserv’s Clover delves into healthcare
The payment processor is partnering with a healthcare software company to provide a service fitted for healthcare providers.
By Patrick Cooley • July 22, 2025 -
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Real-time payments zoom ahead
The FedNow system logged a bigger jump in payments volume for the second quarter than did the RTP network, but the latter accounts for more activity.
By Lynne Marek • July 21, 2025 -
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Consumer advocate group slams Genius Act
The law aims to establish a regulatory framework for stablecoins, but critics note that more needs to be done to protect consumers.
By Tatiana Walk-Morris • July 21, 2025 -
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Midsize business use of PayPal, Zelle dipped, Citizens says
The bank's annual survey of midsize companies showed the popularity of business-to-consumer alternative payment types slipped this year.
By Patrick Cooley • July 17, 2025 -
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Mastercard, Visa play down stablecoin threat
The giant card networks are sifting through the opportunities and threats that stablecoins present for their businesses.
By Lynne Marek • July 17, 2025 -
Spencer Platt via Getty Images
OpinionA small business fight against card fee caps
“This isn’t a red state or blue state issue, it’s a Main Street issue being driven from both statehouses and Capitol Hill,” writes one small business owner.
By Jessica Ward • July 17, 2025 -
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Why small banks may shun Zelle
The peer-to-peer payment network charges comparatively higher transaction rates, but also offers the potential for new customers, consultants say.
By Patrick Cooley • July 16, 2025 -
Courtesy of Apple
Cash App adds tap-to-pay for iPhone
The Block payment tool now allows for contactless credit and debit card payments using Apple's smartphone.
By Patrick Cooley • July 15, 2025 -
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Fedwire makes ISO leap
The Federal Reserve shifted payments for the Fedwire Funds Service to a new international standard this week without any reported glitches.
By Lynne Marek • July 15, 2025 -
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Fintechs blast JPMorgan over data fees
The largest U.S. bank says it will begin charging the firms to access customer financial data amid an open banking court battle.
By Justin Bachman • July 15, 2025 -
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6 takeaways from the Senate’s crypto market structure hearing
Senators largely agreed on the need for regulation, but differed on the potential focus and framing of such a bill.
By Gabrielle Saulsbery • July 14, 2025 -
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Connecticut enacts controversial EWA law
The state’s governor signed a measure last week that some earned wage access providers opposed.
By Lynne Marek • July 14, 2025 -
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OpinionWhy payments modernization can’t wait
“The health care industry is a case study for what’s at stake when industries resist or delay modernizing their payment systems,” writes one payments executive.
By Yusuf Qasim • July 11, 2025 -
Mesut Dogan via Getty Images
Fed’s ISO ‘big bang’ hits
The Federal Reserve’s shift of trillions of dollars in payments to the new ISO 20022 standard Monday will reverberate around the world.
By Lynne Marek • July 11, 2025 -
Permission granted by Citizens
Citizens spies opportunity after Chase move
As premium credit card fees climb, “it does create a little more room for us to compete in between,” the regional bank’s head of lending said.
By Caitlin Mullen • July 10, 2025 -
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Wise to reform AML oversight
The money transfer firm will pay $4.2 million and bolster anti-money laundering and other compliance in a consent settlement with six states.
By Justin Bachman • July 10, 2025 -
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ColumnWill the X payments plan morph?
With the exit of CEO Linda Yaccarino, it’s a question mark as to when, and whether, the company’s plan for an “everything app” will materialize.
By Lynne Marek • July 10, 2025 -
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Visa, Mastercard vie for Treasury role
The two biggest card networks bid for a piece of the Treasury Department’s program seeking to modernize the U.S. payments system.
By Lynne Marek • July 9, 2025 -
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Court denies open banking briefs
A federal judge said “friend of the court” briefs wouldn't be helpful in litigation over the Consumer Financial Protection Bureau’s open banking rule.
By Justin Bachman • July 9, 2025 -
Courtesy of Affirm
FICO reporting could stunt BNPL
If buy now, pay later firms know when consumers borrow heavily or fail to make repayments, providers may be reluctant to offer their payment services to so many consumers.
By Patrick Cooley • July 9, 2025 -
Michael A. McCoy / Stringer via Getty Images
Warren demands Zelle scam update
In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are doing to protect customers using the digital payments service.
By Patrick Cooley • July 8, 2025
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