Banks struggle to talk about fraud

Financial institutions battling an increase in fraud, particularly push-payment scams, have been stymied in sharing information that might help them better protect customers.

By Lynne Marek • May 15, 2025

Credit card delinquencies rise: NY Fed

Meanwhile, U.S. credit card balances declined and credit card aggregate limits inched up from the prior quarter, the New York Fed said.

By Tatiana Walk-Morris • May 15, 2025

Explore the Trendline➔

Stablecoins enter the payments universe

Stablecoins are gaining ground thanks to passage of the Genius Act, forcing companies to consider competitive strategies in the digital realm.

By Payments Dive staff

Warren prods DOJ to block Capital One-Discover deal

The senator urged the Justice Department’s new antitrust czar, who's expressed concern over the creation of too-big-to-fail firms, to take action.

By Dan Ennis • May 14, 2025

Businesses grapple with payments fraud

Companies are struggling to keep up with fraudsters’ growing technological prowess, particularly in business email compromises.

By David McCann • May 14, 2025

BNPL users struggle with payments

Nearly half of U.S. adults who have used buy now, pay later services experienced financial difficulties, such as overspending or missing a bill payment, according to a recent survey.

By Patrick Cooley • May 13, 2025

Nevada bill would charter new payment banks

The new banks would connect directly to real-time payment rails like FedNow and ACH to potentially lower retailers’ transaction costs.

By Justin Bachman • May 13, 2025

Google drops lawsuit against CFPB

The tech giant ended its court battle as the federal agency halted supervision of the company’s payments arm.

By Justin Bachman • May 13, 2025

CFPB rescinds 67 pieces of guidance

The rescissions are not final and will allow the bureau to evaluate whether each of the items was statutorily prescribed, CFPB Acting Director Russ Vought said.

By Gabrielle Saulsbery • May 13, 2025

Stablecoin bill falters in Senate

Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial system – and raised concerns about Trump’s ties with crypto ventures.

By Rajashree Chakravarty • May 12, 2025

Banks must accelerate ISO 20022 prep

“While larger banks have made considerable progress in preparing for this transition, smaller regional banks and credit unions are largely lagging,” writes one IT executive.

By Robert Turner • May 9, 2025

Mastercard faces cross-border headwinds

The credit card network reported a first-quarter slowdown in the growth of international travel, a potential warning sign amid economic uncertainty.

By Patrick Cooley • May 8, 2025

Indiana passes EWA law

The state follows others, including Nevada and Wisconsin, in instituting licensing requirements for earned wage access providers.

By Tatiana Walk-Morris • May 7, 2025

CFPB spurns BNPL rule

The Consumer Financial Protection Bureau won’t prioritize enforcement actions related to buy now, pay later payments, the agency said in a notice.

By Lynne Marek , Patrick Cooley • May 7, 2025

Fiserv names Michael Lyons CEO

The company disclosed the promotion minutes after the U.S. Senate voted to confirm outgoing CEO Frank Bisignano as commissioner of the Social Security Administration.

By Patrick Cooley • May 6, 2025

Visa pursues stablecoins for cross-border payments

The biggest U.S. card network is setting up partnerships and innovating behind the scenes to develop stablecoins for cross-border uses.

By Lynne Marek • May 6, 2025

Warren, Waters urge Fed to reconsider Capital One-Discover

The Democratic lawmakers blasted the central bank’s “analysis, or lack thereof,” arguing the Fed “parroted assertions made by Capital One.”

By Dan Ennis • May 6, 2025

Senate to vote on Fiserv CEO for SSA post

The Senate Finance Committee chair urged colleagues to support Frank Bisignano to become head of the Social Security Administration when they vote on his nomination this week.

By Patrick Cooley • May 5, 2025

Durbin to keep pushing card bill

The retiring Senate Democrat plans to reintroduce the Credit Card Competition Act proposal despite plans to wrap his four-decade congressional career.

By Lynne Marek • April 28, 2025

Illinois AG, Durbin defend state card fee law

They filed a second brief supporting a state law that excludes taxes and tips from card interchange fees.

By Justin Bachman • April 25, 2025

Fiserv to acquire Brazilian fintech Money Money

The processor’s purchase will benefit its Clover unit in its effort to provide financing to small businesses, the company said.

By Patrick Cooley • April 24, 2025

Adyen hit with cyberattack in Europe

Services were disrupted for about eight hours over two days by a distributed denial of service attack, the Dutch company said on its website.

By Patrick Cooley • April 23, 2025

Card holders rail about Uber in FTC lawsuit

Uber user complaints about recurring monthly charges, unclear enrollment and a frustrating cancellation process spur a Federal Trade Commission lawsuit.

By Justin Bachman • April 22, 2025

Instant payments could improve video games: KC Fed

Moving away from in-game currencies may make the gaming experience simpler for players and reduce costs for video game companies, Kansas City Fed specialists argue.

By Patrick Cooley • April 22, 2025

Write off paper checks, ACI Worldwide CEO advises

Tom Warsop praised the Trump administration’s move to eliminate paper checks and suggested businesses should do the same.

By Lynne Marek • April 22, 2025

Fed, FDIC force more oversight of Discover

The Federal Reserve and the FDIC penalized the card network for overcharging merchants on interchange fees and said the company must pay $250 million in fines, make restitution to merchants, and change its practices as a condition to merging with Capital One.

By Patrick Cooley • April 21, 2025