Regulations & Policy: Page 4
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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 -
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 -
Explore the Trendline➔
1401461124 via Getty ImagesTrendlineTop 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 -
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 -
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 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 -
Retrieved from Office of the Governor of the State of New York.
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 -
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 -
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 -
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 -
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 -
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