Regulations & Policy


  • Russ Vought OMB Trump spending
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    CFPB’s future hangs in the balance after a wild weekend

    Consumer Financial Protection Bureau staff were told to work remotely this week after a new acting chief halted agency supervision and enforcement. He also told the Federal Reserve the agency wouldn't take any unappropriated funding next quarter.

    By Dan Ennis • Feb. 10, 2025
  • Illustration with a dollar sign in the middle and a circle around it with what looks like circuitry board lines running to it.
    Image attribution tooltip
    Chor muang via Getty Images
    Image attribution tooltip

    Senators reintroduce bill to bar CBDC

    Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.

    By Feb. 10, 2025
  • Hand of person tapping phone with dollar signs floating up Explore the Trendline
    Image attribution tooltip
    1401461124 via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Payments Dive

    The digital evolution of payments is roiling the industry, forcing companies to rethink pricing schemes and revamp corporate strategies. Embedded payments, earned wage access, real-time systems and other innovations will transform the business.

    By Payments Dive staff
  • Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    Treasury responds to concerns about Musk ‘meddling’

    A Treasury Department official sought to allay a senator’s concerns about DOGE staffers gaining access to the U.S. payments system, but sidestepped questions Tuesday. The issue escalated at a Wednesday hearing.

    By Feb. 6, 2025
  • Fiserv CEO Frank Bisignano
    Image attribution tooltip
    Caitlin Mullen/Payments Dive, data from Fiserv
    Image attribution tooltip

    Fiserv doubles down on embedded finance

    Company executives touted a recent partnership with DoorDash and said the company has more embedded finance deals in the pipeline.

    By Feb. 6, 2025
  • Senator Josh Hawley points his figure toward the during questioning from a perch on the chamber's raised platform.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    Sanders, Hawley introduce credit card interest rate cap bill

    In an unlikely union, Republican Sen. Josh Hawley and independent Sen. Bernie Sanders have locked arms to introduce legislation that would cap credit card interest rates at 10% over five years.

    By Feb. 5, 2025
  • Cash App logo lit in neon
    Image attribution tooltip
    Anna Webber via Getty Images
    Image attribution tooltip

    Cash App, Venmo app downloads decline

    Consumer downloads of apps like Cash App and Venmo dropped in the fourth quarter compared to the year-ago period, data from Wolfe Research shows.

    By Feb. 5, 2025
  • The Capitol Building in the background, with green trees on its left and right sides, and a water fountain in front of it.
    Image attribution tooltip
    Sara Samora/Payments Dive
    Image attribution tooltip

    Democrats decry Trump payments policy upheaval

    Congressional Democrats criticized Trump administration moves at the Treasury Department and Consumer Financial Protection Bureau that suggest changes to federal government payments and policies.

    By Feb. 4, 2025
  • Large desktop computer stands on a desk with a computer monitor. The monitor shows a video game with soldiers attacking. There is a keyboard, mouse and headphones on the desk as well.
    Image attribution tooltip
    mikkelwilliam via Getty Images
    Image attribution tooltip

    Gamers support CFPB video game payments rule

    Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.

    By Feb. 4, 2025
  • CFPB Director Rohit Chopra
    Image attribution tooltip
    Kent Nishimura / Stringer via Getty Images
    Image attribution tooltip

    Chopra finally exits CFPB as Bessent steps in

    The agency’s deputy director, Zixta Martinez, was initially named acting director, but a terse press release Monday designated U.S. Treasury Secretary Scott Bessent to that role.

    By Dan Ennis • Feb. 3, 2025
  • Donald Trump sits at his desk in the Oval Office with his hands clasped.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    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
  • Customer pays at business
    Image attribution tooltip
    Creative via Getty Images
    Image attribution tooltip
    Q&A

    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 Jan. 30, 2025
  • A digital OOH advertisement for Apple's "Pay The Apple Way" campaign.
    Image attribution tooltip
    Courtesy of Apple
    Image attribution tooltip

    Apple, Google coalition seeks to skirt payments rule

    Tech advocacy groups argue the tech giants should not be subject to a Consumer Financial Protection Bureau rule because they aren’t payment companies, according to a lawsuit filed this month.

    By Jan. 29, 2025
  • A close-up shot of Donald Trump in the Oval Office.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip
    Deep Dive

    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 Jan. 28, 2025
  • Phil Goldfeder stands in front of a glass wall.
    Image attribution tooltip
    Courtesy of https://www.prnewswire.com/news-releases/american-fintech-council-afc-selects-phil-goldfeder-as-ceo-301752973.html
    Image attribution tooltip
    Q&A

    Trade group leader discusses BNPL security and appeal

    American Fintech Council CEO Phil Goldfeder discussed the reasons consumers have started using buy now, pay later services in greater numbers, and why they return to the emerging payment method.

    By Jan. 27, 2025
  • American Express sticker on a window
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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 Jan. 24, 2025
  • Discover sign at driveway entrance to headquarters with flowers in front.
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip

    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 Jan. 24, 2025
  • President Donald Trump , seated wearing a dark suit, holds up typed order with his signature on it.
    Image attribution tooltip
    Christopher Furlong via Getty Images
    Image attribution tooltip

    Trump order embraces stablecoins, bars CBDCs

    President Trump issued a “digital financial technology” executive order Thursday backing the cryptocurrency industry and terminating any federal work on a central bank digital currency.

    By Jan. 23, 2025
  • Fiserv CEO Frank Bisignano
    Image attribution tooltip
    Caitlin Mullen/Payments Dive, data from Fiserv
    Image attribution tooltip

    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 Jan. 23, 2025
  • Rohit Chopra looks just off camera as someone else speaks.
    Image attribution tooltip
    Drew Angerer / Staff via Getty Images
    Image attribution tooltip

    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 Jan. 22, 2025
  • Stripe CEO Patrick Collison
    Image attribution tooltip
    Matt Winkelmeyer via Getty Images
    Image attribution tooltip

    Stripe pushes out 300 employees

    Despite the 3.5% cut to the payments services company’s headcount, it still plans to increase its total employee headcount to 10,000 by the end of the year, up from 8,200 now.

    By Jan. 22, 2025
  • President Donald Trump signs an executive order in the Oval Office in Washington, D.C., on Jan. 20, 2025.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    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 Jan. 21, 2025
  • Person placing credit card into machine at gas pump.
    Image attribution tooltip
    Justin Sullivan/ via Getty Images
    Image attribution tooltip

    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 Jan. 17, 2025
  • Booth and sign for Federal Reserve payments services at Nacha conference in May 2024.
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip
    Opinion

    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
  • A gold American Express card being passed between two hands
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    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 Jan. 16, 2025
  • Shift4 CEO Jared Isaacman
    Image attribution tooltip
    Courtesy of Shift4. Shift4 CEO Jared Isaacman
    Image attribution tooltip

    Shift4 makes $4.7M in undisclosed payments to executives’ relatives

    The payments were made over a three-year period beginning in 2020, and were not listed in some filings with the Securities and Exchange Commission. As a result, the company agreed to pay a fine under a settlement last week.

    By Jan. 16, 2025