Open banking also helps banks: Fintechs

Financial technology firms are trying to rally support for U.S. open banking as regulators gather comments to inform a revised rule.

By Justin Bachman • Oct. 10, 2025

Bank of America fires up AI payments assistant

AskGPS was trained on more than 3,200 internal documents by the company’s in-house engineering team and rolled out last week.

By Matt Ashare • Oct. 10, 2025

Explore the Trendline➔

Payments industry seeks to keep pace with fraudsters

As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.

By Payments Dive staff

How to unleash innovation and competition in payments

“Give digital payments companies a path to directly access the Federal Reserve’s systems through a limited-purpose payments bank charter,” writes one former top legal executive.

By John Muller • Oct. 10, 2025

Fiserv launches Roughrider stablecoin

The processor is working with a North Dakota state-owned bank to establish a new digital asset.

By Justin Bachman • Oct. 9, 2025

Visa board adds Pinterest CEO

The credit card network giant added the social media company’s chief executive, Bill Ready, as it expanded its board to 12 members.

By Lynne Marek • Oct. 7, 2025

Synchrony buys software firm

The card issuer said acquiring Versatile Credit’s consumer financing platform will drive more merchant sales and consumer credit access.

By Caitlin Mullen • Oct. 6, 2025

DailyPay replaces CEO

Nelson Chai, the earned wage access provider’s executive chairman since January, becomes the fintech's fourth CEO in five years.

By Gabrielle Saulsbery • Oct. 2, 2025

DOJ granted brief stay in Visa debit case

The U.S. government’s closure this week prompted the Justice Department to request a “temporary” pause in its antitrust lawsuit against Visa.

By Justin Bachman • Updated Oct. 3, 2025

FedNow debuts disaster aid payments

An executive of the Fed’s real-time payment network says speedy relief payments will be “a game-changer” for people and businesses in need.

By Tatiana Walk-Morris • Oct. 1, 2025

Payments conferences to keep on your radar for 2026

The U.S. open banking rule and artificial intelligence are expected to be hot topics at next year’s payments industry events.

By Shefali Kapadia • Oct. 1, 2025

US payments growth may have peaked

Payments revenue growth is projected to slow over the next four years, with cash-to-card migration largely in the rearview, said the author of a BCG report.

By Caitlin Mullen • Sept. 29, 2025

Fiserv buys cash manager to boost stablecoin

The deal for StoneCastle expands Fiserv as a liquidity source for financial institutions, and will help the processor fund cash for its FIUSD stablecoin.

By Justin Bachman • Sept. 29, 2025

Fiserv acquires tech consulting firm

The deal for Smith Consulting Group is designed to give Fiserv’s bank and credit union customers deeper technical expertise.

By Justin Bachman • Sept. 26, 2025

The trouble with ending US checks

The government must modernize payments, but officials retiring paper checks should be thoughtful and inclusive, the CEO of a consumer group writes.

By Jennifer Tescher • Sept. 26, 2025

FIS acquires fintech Amount

The Chicago-based fintech, which provides banking technology, expands the portfolio of services FIS can offer banks and credit unions.

By Caitlin Mullen • Sept. 24, 2025

Capital One cuts Discover workers

The bank said it’s cutting nearly 400 Discover employees between November and March 2026, following job cuts last month related to Discover’s home equity business.

By Caitlin Mullen • Sept. 23, 2025

CFPB ends U.S. Bank, Apple consent orders early

The bureau contends the bank and tech giant have paid their penalties in separate cases related to unemployment benefits restrictions and the launch of the Apple Card.

By Dan Ennis • Sept. 23, 2025

Remitly debuts tiered membership platform

Remitly One contains a “send-now-pay-later” feature that allows subscribers instant access to funds and a digital debit card that lets subscribers bypass foreign transaction fees.

By Dan Ennis • Sept. 18, 2025

Cash App lures BNPL card users

Block has drawn 1 million consumers to its Cash App debit card with post-purchase BNPL, creating a “next-gen” credit card clientele, the company’s CFO said.

By Justin Bachman • Sept. 16, 2025

Plaid to pay for JPMorgan data

Under the agreement between the two companies, the bank will be paid for sharing consumer data with Plaid. Fintech groups excoriated JPMorgan for the new access fees.

By Justin Bachman • Sept. 16, 2025

APR caps would shrink access to credit

“Well-meaning legislation shouldn’t leave behind the very people it intends to help,” writes one bank CEO.

By David Becker • Sept. 12, 2025

Fed lifts FedNow limit to $10M

As financial firms flock to instant payments, the Federal Reserve has pitched FedNow as a way to ease internal transfers, corporate payroll and big transactions.

By Tatiana Walk-Morris • Sept. 10, 2025

Visa, Mastercard push more tokenization

The card network giants want more merchants and consumers using cards with security tokens to increase transaction volume and to reduce fraud.

By Lynne Marek • Sept. 10, 2025

Stablecoin advances crypto adoption

Once large banks and big payments companies “start leaning in, then obviously that gets the flywheel going,” says Taxbit CEO Lindsey Argalas.

By Grace Noto • Sept. 10, 2025

Open banking looks better with crypto

After fintechs and crypto bros showed how banks might fetter digital assets, the Consumer Financial Protection Bureau revamped its views of open banking.

By Justin Bachman • Sept. 8, 2025