Credit card bill crusade persists

Sens. Dick Durbin and Roger Marshall may have lost their latest bid to win a congressional vote on the Credit Card Competition Act, via stablecoin legislation, but proponents are undeterred.

By Lynne Marek • June 16, 2025

CFPB, consumer groups clash over BNPL

The battle over buy now, pay later — whether it’s helpful or hurtful to users — persists even after the Consumer Financial Protection Bureau last month withdrew its rule regulating such services.

By Patrick Cooley • June 16, 2025

Explore the 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

Open banking to survive Trump, fintechs say

Consumers and financial services firms will pursue their mutual interests in sharing personal data, despite a move by the Consumer Financial Protection Bureau to extinguish the trend, industry experts contend.

By Justin Bachman • June 16, 2025

Adyen opts for build over buy

The Dutch payments processor eschews acquisitions in favor of building its own systems to drive growth, including in the U.S. market.

By Lynne Marek • June 12, 2025

Drivers seek digital payment options

Digital payments are on the rise, but toll road payments are lagging behind.

By Tatiana Walk-Morris • June 12, 2025

Affirm boasts 2 million debit cards

The number of such cards the buy now, pay later provider has now made available is an increase of about 600,000 cards since January.

By Patrick Cooley • June 11, 2025

FTA CEO says open banking central to fintechs’ work

The leader of the Financial Technology Association sees a federal court battle over the Consumer Financial Protection Bureau rule as critical to innovation.

By Justin Bachman • June 10, 2025

GENIUS Act is just the beginning

“The bill tackles the fundamental question that has paralyzed our industry: what exactly is a stablecoin, and who gets to regulate it?” writes one Tulane University professor.

By Ryan Peters • June 10, 2025

Fiserv CEO embraces stablecoins

The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.

By Patrick Cooley • June 10, 2025

Walmart taps Mastercard, Synchrony for new cards

The retail juggernaut’s OnePay affiliate is working with the card issuer and the network to launch general purpose and private label credit cards later this year.

By Lynne Marek • June 9, 2025

Wex eyes HSA benefit from budget amid pressure

The payments software company may get a boost if the U.S. budget allows for more consumer health savings accounts. It could use a lift, given recent shareholder dismay.

By Lynne Marek • June 9, 2025

Fiserv buys out AIB Merchant Services

The payments processor’s deal to buy the ownership stake that it doesn’t already own is expected to give it a stronger foothold in Europe.

By Patrick Cooley • June 6, 2025

Amex leans into B2B payments

The card company aims to spur more business spending by corporate clients to buttress volume in the face of a possible recession.

By Patrick Cooley • June 6, 2025

Don’t Turn Back the Clock on earned wage access

The Consumer Financial Protection Bureau “should settle this issue once and for all by issuing an expanded (EWA) advisory opinion,” writes a trade group leader.

By Brian Tate • June 6, 2025

Payments sector called “indisputable winner”

Providers of payments services generated about a third of the $378 billion in global fintech revenue last year, according to a new report. The sector is poised for more growth with AI innovation.

By Gabrielle Saulsbery • June 6, 2025

Shift4 appoints new CEO

The digital processor named Taylor Lauber to the post and appointed founder Jared Isaacman as executive chairman, a Thursday regulatory filing said.

By Patrick Cooley • June 5, 2025

Visa picks value-added services head

The global card network is shuffling its executive leadership as it bolsters efforts to sell ancillary software and advisory services.

By Tatiana Walk-Morris • June 5, 2025

MoneyGram CEO targets digital remake

Anthony Soohoo is tackling a digital transformation of the legacy cross-border payments company, leaning on experience at Walmart and Apple.

By Lynne Marek • June 4, 2025

Airlines decry proposed card amendment

Airline and aviation industry stakeholders argue the Marshall-Durbin amendment to the GENIUS Act bill would harm consumers and workers by undercutting credit card revenue.

By Tatiana Walk-Morris • June 3, 2025

CFPB seeks to end open banking case

The Consumer Financial Protection Bureau and its former court foes are now in agreement: an open banking rule shouldn't be considered lawful.

By Lynne Marek • June 2, 2025

Illinois delays interchange law

Over the weekend, the state’s legislature voted to delay implementation of a law that would ban card interchange fees on tips and taxes.

By Lynne Marek • June 2, 2025

Baltimore drops lawsuit over CFPB’s move to return funds

Bureau leadership found there was no mechanism to transfer money the Federal Reserve had given the agency. Consumer advocates warned they could sue again if the CFPB tries again to defund itself.

By Dan Ennis • May 30, 2025

Conduit, Palla raise cross-border capital

The startups, which both offer cross-border payments, each closed on major capital-raising efforts this week.

By Tatiana Walk-Morris and Lynne Marek • May 30, 2025

Maryland passes EWA law

The state’s governor allowed an earned wage access bill to become law, over the objections of some consumer groups, including AARP.

By Lynne Marek • May 29, 2025

Remittance tax draws fintech pushback

The budget bill proposal moving through Congress would levy a tax on cross-border money transfers. That has prompted “strong concern” from one fintech organization.

By Lynne Marek • May 29, 2025