Retail
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Jesse Grant via Getty Images
Block agrees to pay $255M to regulators for Cash App deficiencies
The digital payments provider agreed to pay penalties to the Consumer Financial Protection Bureau and a group of states under settlements that alleged the company violated banking laws.
By Lynne Marek • Jan. 16, 2025 -
Justin Sullivan via Getty Images
Card fraud losses will increase over next decade
Fraud losses in card payments will continue to rise worldwide, the research firm Nilson Report said this month, predicting $404 billion in global losses over the next ten years.
By Lynne Marek • Jan. 15, 2025 -
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TrendlinePayments players eye digital B2B opportunity
Companies offering digital payments services envision billions of dollars in U.S. business payments flow ripe for transitioning to the electronic realm.
By Payments Dive staff -
Courtesy of Adyen
Q&AHow AI makes payments faster, cheaper
Artificial intelligence can simplify payment transactions for merchants, Davi Strazza, president of North America for Adyen, said in an interview.
By Patrick Cooley • Jan. 15, 2025 -
Courtesy of Instacart
Deep DivePayments plays gather momentum in 2025: 6 industry trends to watch
Deregulation, artificial intelligence and stablecoin use are among the industry forces that will drive more digital payments use and innovation this year.
By Lynne Marek and Patrick Cooley • Jan. 9, 2025 -
Creative via Getty Images
Sezzle challenges critical research from short-seller firm
The buy now, pay later firm argues that a recent Hindenburg Research report highlighting a decline in users and merchant partners overlooks important context and details.
By Patrick Cooley • Jan. 8, 2025 -
Courtesy of U.S. Senate Committee on Health, Education, Labor and Pensions
ColumnWill Trump and Sanders lock arms to cap credit card interest rates?
The senator and incoming president partnering on a cap proposal may not be as far-fetched as the payments and banking industries would hope.
By Lynne Marek • Jan. 7, 2025 -
whyframestudio via Getty Images
How ‘frictionless’ payments may benefit, hurt consumers
Such digital payments can slash transaction times, improve data security and provide valuable insights into consumer purchasing behavior and preferences.
By Michael Brady • Jan. 6, 2025 -
Courtesy of Affirm
Debit card decline issue persists for Affirm
The buy now, pay later firm has a team working to correct a problem with some customers experiencing debit card declines, the company CFO said in December.
By Patrick Cooley • Jan. 3, 2025 -
Courtesy of Walmart
Walmart forced delivery workers to pay ‘junk fees,’ CFPB alleges
A Consumer Financial Protection Bureau lawsuit alleges the retailer and fintech Branch Messenger illegally opened accounts for drivers, and deposited their pay into accounts without their consent.
By Peyton Bigora • Jan. 3, 2025 -
Courtesy of DoorDash
Fiserv swallows gig rival Payfare
The mega payments processor bought a Canadian digital banking provider after the two jockeyed for business from the delivery company DoorDash.
By Patrick Cooley • Jan. 2, 2025 -
Sam Silverstein/Payments Dive
BNPL payments rise with young, repeat users
Buy now, pay later users in the U.S. tended to be returning customers under 35 years-old, according to a new analysis from LexisNexis Risk Solutions.
By Patrick Cooley • Dec. 20, 2024 -
Courtesy of Early Warning Services (parent company of Zelle)
CFPB sues Early Warning Services over Zelle
The federal agency sued the operator of the pay-by-bank service as well as three bank owners, alleging they let fraud "fester" on the digital system.
By Lynne Marek • Dec. 20, 2024 -
Permission granted by Amazon.
Visa spots tripling of fraud over holiday weekend
The card network attributed the spike in fraud partly to criminals adopting artificial intelligence to execute their schemes.
By Tatiana Walk-Morris • Dec. 19, 2024 -
Joe Raedle / Staff via Getty Images
CFPB swats at retail credit cards
The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.
By Lynne Marek • Dec. 18, 2024 -
Joe Raedle / Staff via Getty Images
Merchants maneuver as Visa enforces surcharge program
As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.
By Shefali Kapadia • Dec. 17, 2024 -
Chris McGrath/Getty Images Europe via Getty Images
What role do stablecoins play in the payments industry?
With the discussion of stablecoins intensifying after the election of Donald Trump, here’s a primer explaining what this cryptocurrency is and what its practical uses may be.
By Patrick Cooley • Dec. 17, 2024 -
Courtesy of Klarna
Klarna, eBay for European expansion
The Swedish buy now, pay later provider is expanding with the global marketplace company as it contemplates a U.S. initial public offering.
By Tatiana Walk-Morris • Dec. 13, 2024 -
Courtesy of PayPal
PayPal to boost prices for merchants
The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.
By Lynne Marek • Dec. 12, 2024 -
Anna Webber via Getty Images
Afterpay to drive Cash App growth, executive says
Once users have signed up for the Cash App card, Block can convince them to use other Block products, a company executive said.
By Patrick Cooley • Dec. 11, 2024 -
H. Armstrong Roberts via Getty Images
Q&AKeeping cash may be critical for a resilient payment system
Climate change, wars and societal benefits should lead the U.S. to maintain greenbacks as an alternative to electronic money, one business professor argues, but he’s worried about preserving it.
By Lynne Marek • Dec. 9, 2024 -
Caitlin Mullen/Payments Dive, data from Fiserv
Fiserv CEO tapped to lead Social Security Administration
President-elect Trump announced the nomination of Frank Bisignano late Wednesday, and the payments processor confirmed the appointment Thursday.
By Lynne Marek • Dec. 5, 2024 -
Sean Gallup via Getty Images
PayPal targets higher Braintree pricing
The digital payments pioneer is attempting to develop a more profitable unbranded business line, the company's CFO said at an investor conference this week.
By Suman Bhattacharyya • Dec. 5, 2024 -
Anna Moneymaker via Getty Images
CFPB proposes rule to rein in data brokers’ sale of consumer information
With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.
By Lynne Marek • Dec. 3, 2024 -
Poike via Getty Images
Lightspeed discloses strategic reorganization
The Canadian payments software company said it expects the operational overhaul to impact 200 workers and result in savings that can be redirected to its priorities.
By Lynne Marek • Dec. 2, 2024 -
Leon Neal via Getty Images
Musk calls for end to CFPB
The presumed Trump Cabinet appointee said there “are too many duplicative regulatory agencies,” calling out the consumer watchdog specifically Wednesday.
By Gabrielle Saulsbery • Dec. 2, 2024
