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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 -
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 -
Explore the Trendline➔
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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 -
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 -
AsiaVision via Getty Images
Consumers grab credit cards for holiday shopping
Credit card debt will not slow shoppers down as they spend for the holidays, according to a new survey of U.S. consumers.
By Tatiana Walk-Morris • Dec. 2, 2024 -
Kena Betancur via Getty Images
Black Friday winners and losers
Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.
By Daphne Howland • Dec. 2, 2024 -
Permission granted by Adyen
Sponsored by AdyenThe $185 billion opportunity: How platforms can leverage embedded finance to unlock additional revenue streams
Although early-adopting platforms are already reaping the rewards of embedded finance, crucially, supply has not yet caught up with demand.
Dec. 2, 2024 -
Lynne Marek/Payments Dive
Credit card delinquencies mount, Fed says
Consumers’ credit card delinquencies have risen this year, along with their balances, according to an annual Federal Reserve Board report.
By Lynne Marek • Nov. 27, 2024 -
Courtesy of Affirm
BNPL use may rise this year for holiday shopping
With credit card interest rates at a historic high, consumers are likely to gravitate to lower-cost alternatives, including potentially buy now, pay later options, industry consultants say.
By Patrick Cooley • Nov. 27, 2024 -
Justin Sullivan via Getty Images
Visa to boost credit card fees next year
The network is expected to increase some fees it charges for credit card payments, according to a notice referenced during a Senate hearing last week.
By Lynne Marek • Nov. 25, 2024 -
Lynne Marek/Payments Dive
Richmond Fed seeks more CapOne-Discover input
The regional Fed bank, which has purview for the proposed merger, demanded more information from the bank as it considers whether to approve the deal.
By Lynne Marek • Nov. 22, 2024 -
Anna Moneymaker via Getty Images
CFPB tweaks big tech payments rule
In finalizing the new rule to oversee digital wallet providers Thursday, the Consumer Financial Protection Bureau said it made important changes to its initial proposal.
By Lynne Marek • Nov. 21, 2024 -
David Ryder via Getty Images
Amazon now accepts EBT card payments
The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.
By Patrick Cooley • Nov. 21, 2024 -
Justin Sullivan via Getty Images
Deep DivePayPal CEO pushes beyond payments
After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.
By Lynne Marek • Nov. 20, 2024 -
Win McNamee via Getty Images
Senate grills Visa, Mastercard executives over swipe fees
Executives from the card networks were on the defensive Tuesday when members of the Senate Judiciary Committee berated them over high fees merchants must pay to accept credit card payments.
By Lynne Marek • Nov. 19, 2024 -
Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
Google Pay adds Afterpay BNPL services
Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.
By Patrick Cooley • Nov. 19, 2024 -
rruntsch via Getty Images
State interchange fee legislation makes meager progress
As Illinois fights to preserve its landmark law exempting state taxes from the calculation of card interchange fees, other states are making little progress with similar legislative proposals.
By Lynne Marek • Nov. 18, 2024 -
Courtesy of Uber
Mastercard aims to cancel manual card entry by 2030
The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.
By Tatiana Walk-Morris • Nov. 15, 2024 -
Anna Moneymaker via Getty Images
ColumnDurbin gives credit card bill another Senate push
Senate Democrat Dick Durbin is intent on pursuing the Credit Card Competition Act, and perhaps preserving his political future.
By Lynne Marek • Nov. 14, 2024 -
John Phillips via Getty Images
Klarna files for IPO
The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.
By Patrick Cooley • Nov. 13, 2024 -
Courtesy of Shift4
Will Shift4 scoop up Lightspeed?
The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.
By Lynne Marek • Nov. 11, 2024 -
Warchi via Getty Images
Q&AOpen banking to move toward FDX standard
Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.
By Lynne Marek • Nov. 11, 2024 -
Permission granted by Adyen
Sponsored by AdyenThe future of embedded finance and payments
Savvy SaaS platforms increasingly seek growth not through user acquisition alone, but through service expansion and lifting average revenue per user.
Nov. 11, 2024 -
Techa Tungateja via Getty Images
Visa pinpoints rising fraud threats
In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.
By Tatiana Walk-Morris • Nov. 10, 2024 -
Joe Raedle via Getty Images
Afterpay to arrive on 24M Cash App cards
The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.
By Patrick Cooley • Nov. 8, 2024
