Regulations & Policy: Page 4


  • A United Airlines aircraft lifts off the tarmac.
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    Scott Olson via Getty Images
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    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
  • Jared Isaacman standing in a corporate office.
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    Courtesy of Shift4
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    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 June 3, 2025
  • Hand of person tapping phone with dollar signs floating up Explore the Trendline
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    1401461124 via Getty Images
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    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
  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    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 June 2, 2025
  • Exterior of the state capitol of Illinois in Springfield, IL
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    rruntsch via Getty Images
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    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 June 2, 2025
  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    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
  • Kenny Wyatt, Pushpay
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    Permission granted by Pushpay
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    Q&A

    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 May 30, 2025
  • Wes Moore speaks at a podium
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    Chip Somodevilla via Getty Images
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    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
  • Ria sign in convenience store window
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    Permission granted by Lynne Marek
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    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 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 May 28, 2025
  • Josh Hawley
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    Kala Bartkowski via Getty Images
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    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 May 28, 2025
  • Consumer Financial Protection Bureau banks Vought
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    Chip Somodevilla via Getty Images
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    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
  • merchant fees credit cards
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    Spencer Platt via Getty Images
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    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
  • Sen. Roger Marshall on panel at congressional committee hearing.
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    Chip Somodevilla via Getty Images
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    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 May 21, 2025
  • Crypto regulation
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    Leon Neal via Getty Images
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    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
  • A sign above an ATM at a Capital One Café on February 19, 2024, in Miami, Florida.
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    Joe Raedle / Staff via Getty Images
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    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
  • Wise money transfer account
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    Permission granted by Wise
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    CFPB slashes Wise penalty

    The U.S. unit of fintech Wise must pay the bureau $45,000 and roughly $450,000 in redress to affected customers – a far cry from the $2.5 million penalty issued in January.

    By Rajashree Chakravarty • May 18, 2025
  • Close-up Of A Businessperson's Hand Giving Check To Colleague At Workplace
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    AndreyPopov via Getty Images
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    Opinion

    Let’s scrap paper checks

    If the federal government can ditch paper checks, so can the private sector, one industry CEO contends.

    By Chase Gilbert • May 16, 2025
  • open banking CFPB regulations fintechs
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    pixdeluxe via Getty Images
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    FTA to defend open banking in court

    The Financial Technology Association will seek to protect a Consumer Financial Protection Bureau open banking rule after receiving a federal judge’s permission to intervene.

    By Justin Bachman • May 15, 2025
  • Workers sit at computers on tables in a room, covering their faces with various objects.
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    Ezra Acayan via Getty Images
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    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 May 15, 2025
  • credit cards debt delinquent student loans
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    Dmytro Skryptnykov via Getty Images
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    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
  • Senator Elizabeth Warren speaks during a legislative hearing, holding her handout to the side. A sign in front of her reads "Ms. Warren."
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    Andrew Harnik / Staff via Getty Images
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    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
  • Usa one hundred dollar banknotes among the binary code background
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    Elen11 via Getty Images
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    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
  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    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 May 13, 2025
  • Nevada payments banks retail merchants fees
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    LeonardFarrell via Getty Images
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    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
  • CFPB Russell Vought
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    Anna Moneymaker via Getty Images
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    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