NY legislature backs bill to protect cash

The state’s two chambers voted in favor of a bill that requires New York retailers to accept cash, following a trend set by other states and cities.

By Lynne Marek • June 13, 2025

Senators push payments fraud task force

A proposed bipartisan bill would bring together regulators and law enforcement to formulate measures aimed at reducing payment scams.

By Justin Bachman • June 12, 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

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

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

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

Why BNPL appeals to salons

The buy now, pay later option attracts more customers and leads to bigger spending, asserts a payments software executive.

By Patrick Cooley • 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

Shift4 CEO likely to keep post

Jared Isaacman was dropped by the Trump administration as a nominee to head NASA, and analysts expect he will remain at the payments processor.

By Patrick Cooley • 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

Pushpay targets church payment niche

The company caters to churches and other nonprofits, smoothing the channels to take in donations in various forms, including cryptocurrencies.

By Patrick Cooley • 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

Fintech groups oppose state BNPL rules

Lobbying organizations argue that New York's rules treat buy now, pay later purchases too much like credit card transactions.

By Patrick Cooley • May 28, 2025

Credit card cap amendment stokes opposition

Industry trade groups for financial institutions have united to rail against legislation that could cap credit card interest rates.

By Lynne Marek • May 28, 2025

CFPB to yank ‘unlawful’ open banking rule

That move bends to bank groups that filed a lawsuit last year to block the Consumer Financial Protection Bureau rule aimed at making it easier for consumers to move their financial accounts.

By Justin Bachman • May 27, 2025

Cash use declines as cards rise: Atlanta Fed

Consumers keep using cash, but credit cards are king, the Federal Reserve Bank of Atlanta documented in its annual payment method survey. 

By Tatiana Walk-Morris • May 22, 2025

Durbin, Marshall push credit card amendment

Sens. Roger Marshall and Dick Durbin aim to add their Credit Card Competition Act legislation to the GENIUS stablecoin bill advancing in Congress.

By Lynne Marek • May 21, 2025

Hack could cost Coinbase up to $400M

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

By Gabrielle Saulsbery • May 19, 2025

Capital One closes Discover deal

Completion of the combination results in the richest banking deal of the past six years and creates the nation’s largest credit card issuer.

By Dan Ennis • May 19, 2025