Banking: Page 6
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DailyPay lands novel funding
The on-demand pay company sourced $200 million from Barclays, Morgan Stanley and Citi through an asset-based securitization to accelerate growth.
By Tatiana Walk-Morris • July 7, 2025 -
Louisiana, Connecticut advance EWA bills
While Louisiana enacted a new earned wage access law this month, the controversy over state legislation rages on in Connecticut.
By Lynne Marek • July 7, 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 -
Shift4 strategy segues with Global Blue
The deal is a departure from the company’s typical blueprint for acquisitions, according to analysts.
By Patrick Cooley • July 7, 2025 -
Balance, Alibaba team on BNPL for biz clients
Small and mid-sized businesses can now use Balance’s buy now, pay later financing on the global e-commerce marketplace.
By Tatiana Walk-Morris • July 2, 2025 -
Early Warning pitches Zelle to Treasury
The company that owns the peer-to-peer service Zelle suggested the U.S. Treasury Department use that tool to replace checks with digital payments.
By Patrick Cooley • July 1, 2025 -
Affirm delves into in-game payments
The buy now, pay later player is for the first time partnering with a company that provides in-game payment services to video game developers.
By Patrick Cooley • June 30, 2025 -
Payments firms switch up CFOs
ACI Worldwide, Bill and Corpay lured chief financial officers from other companies this month as the health of the U.S. economy wavers.
By Lynne Marek • June 30, 2025 -
Fintechs ask court to uphold open banking
Banks and the Consumer Financial Protection Bureau are misreading the law that enables open banking, the Financial Technology Association told a federal court.
By Justin Bachman • June 30, 2025 -
Visa, FIS boost value-added card services
The companies say they aim to strengthen tech tools available for smaller financial institutions in issuing cards.
By Tatiana Walk-Morris • June 30, 2025 -
Stablecoins may act as finance bridge
Stablecoins are like “another payment rail,” said Vince Tejada, who heads treasury and strategic finance at stablecoin infrastructure provider Bastion.
By Grace Noto • June 26, 2025 -
Payments firms pursue top talent
Companies developing digital wallets, cryptocurrency strategies and pay later tools are still seeking top talent despite economic turmoil, recruiters say.
By Lynne Marek • June 26, 2025 -
PayPal lines up Big Ten, Big 12 ties
The digital payments pioneer will handle the collegiate conferences’ payments to student athletes as it makes a bid for more student spending.
By Lynne Marek • June 26, 2025 -
Payments conferences yet to come in 2025
Artificial intelligence, FedNow and the ISO 20022 standards are expected to be hot topics at this year’s payments conferences.
By Shefali Kapadia • Updated June 26, 2025 -
FedNow delivers new risk management tools
Alongside those instant payment security features, the Federal Reserve increased the maximum payment that can be sent over the real-time system to $1 million.
By Tatiana Walk-Morris • June 26, 2025 -
Visa loses bid to toss DOJ debit lawsuit
A New York federal judge ruled Department of Justice allegations against the card network over an illegal monopoly in the debit card market are plausible at this stage of litigation.
By Justin Bachman • June 25, 2025 -
Stablecoins may push aside payments
Digital assets have the power to “disintermediate” the financial system by bypassing traditional payment rails, according to a Deloitte report.
By Patrick Cooley • June 25, 2025 -
Klarna, Google join forces
The Swedish buy now, pay later business integrated its payments tool into the search giant’s digital wallet, making its services more widely available.
By Patrick Cooley • June 24, 2025 -
Court approves $197M ATM settlement
The class action agreement covers consumers and ATM operators who alleged that Visa and Mastercard restrained competition in the cash machine market.
By Justin Bachman • June 24, 2025 -
CFPB medical debt rule weighed
With additional briefs in hand, a federal judge will consider a Consumer Financial Protection Bureau rule that bars medical debt on consumer credit reports.
By Justin Bachman • June 23, 2025 -
Senate official blocks CFPB defunding in Trump’s megabill
Measures to defund the Consumer Financial Protection Bureau and to reduce salaries at the Federal Reserve are outside the limits of Senate reconciliation procedures, the chamber’s parliamentarian ruled Thursday.
By Gabrielle Saulsbery • June 23, 2025 -
Shift4 buys Smartpay for $180M
The payments services provider bought the distribution network business to keep building its presence in Australia and New Zealand.
By Lynne Marek • June 23, 2025 -
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 -
JPMorgan, Amex flash new cards
Both companies have teased premium card refreshes, reflecting the race for high-end card holders.
By Patrick Cooley • June 20, 2025 -
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 Patrick Cooley • June 17, 2025 -
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 Lynne Marek • June 17, 2025