Mastercard, Visa, Fiserv and others band together as renewed battles over swipe fees brew

Credit card companies, their trade groups and Washington politicians are gearing up for renewed tension over credit card fees.

By Lynne Marek • March 5, 2021

SEC chair nominee promises to write crypto guidelines

Gary Gensler aims to zero in on which cryptocurrencies should be treated as securities.

By Robert Freedman • March 4, 2021

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

Fed says 'operational error' caused payment system outage

The Federal Reserve's electronic payments network lets nearly 9,300 financial institutions send billions of dollars daily through the U.S. financial system.

By Anna Hrushka • Feb. 26, 2021

SEC picking crypto 'winners and losers,' Ripple tells court

The company's CEO, Brad Garlinghouse, criticized the timing of the suit and vowed to challenge it. The coin lost 60% of its value in the week after the court action, which one Twitter user called a "kill shot."

By Anna Hrushka • Updated March 5, 2021

Fed, FinCEN want to make banks report international transfers of as little as $250

Friday's proposal to lower the threshold from $3,000 is meant to catch bad actors using low-dollar cross-border transactions to facilitate terrorist financing and other illicit activity.

By Anna Hrushka • Oct. 26, 2020

Fed chair remains cautious on regulator's digital dollar efforts

The central bank's chief, Jerome Powell, told a panel Monday he'd rather the U.S. "get it right" than be first — and that such a currency should aim to complement rather than replace the dollar.

By Dan Ennis • Oct. 20, 2020