Walmart taps Mastercard, Synchrony for new cards

The retail juggernaut’s OnePay affiliate is working with the card issuer and the network to launch general purpose and private label credit cards later this year.

By Lynne Marek • June 9, 2025

Fiserv buys out AIB Merchant Services

The payments processor’s deal to buy the ownership stake that it doesn’t already own is expected to give it a stronger foothold in Europe.

By Patrick Cooley • June 6, 2025

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Payments industry seeks to keep pace with fraudsters

As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.

By Payments Dive staff

Amex leans into B2B payments

The card company aims to spur more business spending by corporate clients to buttress volume in the face of a possible recession.

By Patrick Cooley • June 6, 2025

Visa picks value-added services head

The global card network is shuffling its executive leadership as it bolsters efforts to sell ancillary software and advisory services.

By Tatiana Walk-Morris • June 5, 2025

Why BNPL appeals to salons

The buy now, pay later option attracts more customers and leads to bigger spending, asserts a payments software executive.

By Patrick Cooley • June 4, 2025

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

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

PayPal’s venture arm taps new leader

The digital payments company has promoted Ian Cox Moya, who rejoined the company in 2022, to head the unit that invests in startups.

By Tatiana Walk-Morris • 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

Fiserv reaffirms Clover revenue goal

The company’s chief financial officer contended the point-of-sale unit will still deliver $3.5 billion in revenue this year despite a recent volume growth slowdown.  

By Lynne Marek • 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

Circle K launches fleet payment mobile app

The program, developed alongside Car IQ, is designed to help drivers avoid credit card skimmers at the pump.

By Brett Dworski • 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

Visa, Mastercard $5.5B settlement advances

Plaintiffs in the card network litigation say problematic third-party communications regarding claims has declined since a February filing deadline.

By Justin Bachman • May 20, 2025

Klarna touts merchant growth

The buy now, pay later provider surpassed 100 million users globally this year, but also reported widening consumer credit losses for the first quarter.

By Tatiana Walk-Morris and Lynne Marek • May 20, 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

Amex offers virtual card to small businesses

The company has long provided the service to corporate clients, but this month started letting small business owners pay suppliers who accept Amex without a physical card.

By Patrick Cooley • May 19, 2025

Toast targets entertainment venues

The digital processor signed a Dallas-based chain of driving ranges as a customer in the first quarter, and has made a push to add movie theaters, bowling alleys and arcades.

By Patrick Cooley • May 16, 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

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

Marqeta chief focuses on revenue diversity, execution

Interim CEO Mike Milotich wants to boost the processor’s non-Block revenue and expand its embedded finance offerings via a new mobile app for customers.

By Justin Bachman • May 12, 2025

Cash App profits disappoint

Block reported just 10% growth in first-quarter gross profit for Cash App, even after it added Afterpay to Cash App debit cards.

By Patrick Cooley • May 12, 2025

Global Payments eyes cost cuts

The payments processor sharpens its focus on how to squeeze $600 million in “cost synergies” from its $24 billion purchase of Worldpay.

By Lynne Marek • May 9, 2025