What’s coming for the payments industry in 2025

Regulatory change and artificial intelligence are widely expected to drive challenges and opportunities across the landscape this year.

By Payments Dive staff • Jan. 31, 2025

Worldpay tackles fraud-fighting in new ways

The payments processor is aligning with merchants, card issuers and networks to share transaction data and use AI to fight fraud.

By Lynne Marek • Jan. 30, 2025

Explore the Trendline➔

Cross-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

Visa’s ex-CFO joins crypto company advisory board

The appointment adds a former top executive of a major card network to Fireblocks’ board as cryptocurrency firms seek more credibility.

By Grace Noto • Jan. 30, 2025

TransferMate joins Amazon’s payments pack

As part of the e-commerce giant’s ecosystem, the Irish business-to-business payments provider can advance its bid to expand internationally.

By Tatiana Walk-Morris • Jan. 30, 2025

HSBC sunsets year-old app Zing

The bank launched the money transfer app last year in a bid to compete with cross-border payments companies like Wise and Remitly, but is shuttering the operation now.

By Rajashree Chakravarty • Jan. 29, 2025

Amex GBT rolls out emissions-based carbon pricing tool

American Express Global Business Travel said its new tool will help business travelers calculate their carbon footprint and direct investments toward sustainability initiatives.

By Zoya Mirza • Jan. 29, 2025

Fintechs may gain at banks’ expense in Trump era

The Trump administration may usher in policies that buttress the aspirations of new entrant payments players and increase competition for banks.

By Lynne Marek • Jan. 28, 2025

X teams with Visa on new digital payments tool

Billionaire Elon Musk’s social media site has forged an alliance with the card network giant to launch a new digital payments tool later this year.

By Lynne Marek • Jan. 28, 2025

Highnote raises $90M for expansion

The embedded payments company led by former Braintree executives will use the capital to extend its business into providing acquiring services.

By Tatiana Walk-Morris • Jan. 27, 2025

Amex posts 2024 records for payments volume, fees

The credit card company’s revenue and net income surged last year as spending by cardholders and card customer additions reached new highs.

By Patrick Cooley • Jan. 24, 2025

Discover Q4 payments volume drops

The card company still reported a rise in revenue and a surge in net income, driven partially by an increase in interchange and other fees paid by merchants.

By Patrick Cooley • Jan. 24, 2025

Visa supersizes Pismo expansion

The Brazilian core services provider acquired last year is rounding up new clients in Europe and elsewhere as it benefits from the card network's bigger marketing and sales team.

By Lynne Marek • Jan. 23, 2025

Fiserv names Bisignano’s successor

The payments processor tapped Michael P. Lyons, currently president of PNC Financial Services Group, to succeed CEO Frank Bisignano.

By Patrick Cooley • Jan. 23, 2025

Ally to sell credit card business to CardWorks

The bank’s CEO said last month that the payments business wasn’t within Ally’s core focus, and pointed to a search for “strategic alternatives” earlier this month.

By Gabrielle Saulsbery • Jan. 22, 2025

Chopra delivers last-minute digital payment edicts

The Consumer Financial Protection Bureau made a bid in the last days of the Biden administration to better protect consumers using digital payments tools.

By Lynne Marek • Jan. 22, 2025

CFPB to consider broader ban on declined payment fees

The Consumer Financial Protection Bureau withdrew a rule proposal barring bank fees on certain declined transactions. Its plan for a “more comprehensive approach” faces an uncertain future in the Trump administration.

By Lynne Marek • Jan. 21, 2025

FIS entangled in Capital One outage over days

Fidelity National Information Services blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected more than two dozen financial institutions.

By Dan Ennis • Jan. 21, 2025

Judge partially halts Illinois law ending card fees for taxes, tips

Banks seeking to halt a new Illinois law that bars credit card interchange fees on taxes and tips succeeded on one front, but not another, at least for now.

By Lynne Marek • Jan. 17, 2025

Why enabling FedNow ‘send’ matters

Financial institutions that “fail to adopt both send and receive functions may be exposing their organizations to competitive disadvantages as well as reputational risks,” writes one industry executive.

By Mihail Duta • Jan. 17, 2025

Amex pays $230M to resolve DOJ allegations

The credit card giant misrepresented features of some credit cards targeting small businesses and entered false information on card applications, the Justice Department alleged.

By Patrick Cooley • Jan. 16, 2025

Block agrees to pay $255M to regulators for Cash App deficiencies

The digital payments provider agreed to pay penalties to the Consumer Financial Protection Bureau and a group of states under settlements that alleged the company violated banking laws.

By Lynne Marek • Jan. 16, 2025

Card fraud losses will increase over next decade

Fraud losses in card payments will continue to rise worldwide, the research firm Nilson Report said this month, predicting $404 billion in global losses over the next ten years.

By Lynne Marek • Jan. 15, 2025

How AI makes payments faster, cheaper

Artificial intelligence can simplify payment transactions for merchants, Davi Strazza, president of North America for Adyen, said in an interview.

By Patrick Cooley • Jan. 15, 2025

Mastercard agrees to pay $26M to settle discrimination lawsuit

The card network entered the agreement to settle a proposed class action that alleged it discriminated against Black, Hispanic and female employees by underpaying them.

By Lynne Marek • Jan. 14, 2025

Payments laws apply to online games, CFPB says

Video game companies that operate online gaming platforms must comply with the Electronic Fund Transfer Act, the agency said.

By Patrick Cooley • Jan. 13, 2025