Durbin to reintroduce credit card competition bill

The senate minority whip from Illinois plans to reintroduce the Credit Card Competition Act proposal in a bid to increase competition for Visa and Mastercard.

By Lynne Marek • Feb. 25, 2025

PayPal CFO takes on COO role

Jamie Miller added the new responsibilities as she teams with CEO Alex Chriss to give the digital payments pioneer a bigger role in commerce.

By Lynne Marek • Feb. 25, 2025

Explore the Trendline➔

E-commerce drives digital payment advances

As e-commerce activity continues to climb, providers of digital payment tools are likely to keep evolving their online offerings.

By Payments Dive staff

Will Global Payments sell its issuer business?

Some analysts are pressing the processor to consider divesting the segment that caters to financial institutions, even as its merchant segment grapples with competition.

By Lynne Marek • Feb. 24, 2025

Block begins rollout of Afterpay on Cash App debit card

The buy now, pay later product Afterpay became available to eligible cardholders in 20 states Tuesday.

By Patrick Cooley • Feb. 21, 2025

Worldwide card use to jump 43% by 2029, Nilson predicts

Nonetheless, credit, debit and prepaid card transactions will expand at the slowest rate in the U.S., relative to other regions in the world, the research firm Nilson Report forecast.

By Lynne Marek • Feb. 21, 2025

Toast dips toe into retail payments

Mainly known as a company catering to restaurants, Toast executives said they plan to partner with more food and beverage retailers this year.

By Patrick Cooley • Feb. 21, 2025

Shift4 to acquire Global Blue for $1.5B

The processor will buy the retail and hospitality payments services provider in an all-cash transaction to build a globally integrated payment platform.

By Patrick Cooley • Feb. 19, 2025

Payments players mull new approaches to fraud

Google, Nacha, Early Warning Services and Truist are among the companies seeking to better protect the e-commerce ecosystem from push-payment scams.

By Lynne Marek • Feb. 18, 2025

Ex-FDIC official McKernan tapped to lead CFPB

The development came on a day when the bureau terminated roughly 70 probationary employees, including enforcement division attorneys, according to Bloomberg Law.

By Dan Ennis • Feb. 12, 2025

Payment tools proliferate, consolidation looms

“The winners in this consolidation won't necessarily be the biggest players,” writes a checkout technology company CEO. “They'll be the ones who understand that consumers don't want more payment options — they want better ones.”

By Justin Grooms • Feb. 12, 2025

PayPal dinged over branded service’s slow growth

Consumer uptake of the payments pioneer’s flagship payments tool was lackluster last year. The company promised skeptical analysts more growth this year. 

By Lynne Marek • Feb. 10, 2025

Affirm to emphasize no-interest loans

The company said that offering more interest-free financing options would drive profits by bringing in more customers.

By Patrick Cooley • Feb. 10, 2025

Cashless concerts and events catch on

By some estimates, about 50% of today’s concerts are cashless, with benefits for merchants and payments processors alike.

By Shefali Kapadia • Feb. 7, 2025

NCR Voyix shifts chairman to CEO post

The C-suite change this week follows the Atlanta-based digital commerce software company’s decision to sell off parts of its business.

By Tatiana Walk-Morris • Feb. 6, 2025

Cash App, Venmo app downloads decline

Consumer downloads of apps like Cash App and Venmo dropped in the fourth quarter compared to the year-ago period, data from Wolfe Research shows.

By Patrick Cooley • Feb. 5, 2025

Gamers support CFPB video game payments rule

Video game players and their parents submitted comments to the Consumer Financial Protection Bureau saying they overspent, or lost their accounts to hackers.

By Patrick Cooley • Feb. 4, 2025

Visa leans into A2A payments

The network titan is pursuing account-to-account payment services as a way to expand beyond its card-based dominance in the market.

By Lynne Marek • Feb. 3, 2025

Third of U.S. small businesses add credit card surcharges

The findings of a J.D. Power survey indicate that merchants are passing the cost of swipe fees onto customers, even though they’re lowering consumer satisfaction with the transaction.

By Patrick Cooley • Feb. 3, 2025

PayPal, Amex and Wells Fargo shake up leadership

PayPal and American Express both said executives are leaving the company and Wells Fargo said a long-time payments executive is being replaced.

By Patrick Cooley • Jan. 31, 2025

Worldpay tackles fraud-fighting in new ways

The payments processor is aligning with merchants, card issuers and networks to share transaction data and use AI to fight fraud.

By Lynne Marek • Jan. 30, 2025

TransferMate joins Amazon’s payments pack

As part of the e-commerce giant’s ecosystem, the Irish business-to-business payments provider can advance its bid to expand internationally.

By Tatiana Walk-Morris • Jan. 30, 2025

Apple, Google coalition seeks to skirt payments rule

Tech advocacy groups argue the tech giants should not be subject to a Consumer Financial Protection Bureau rule because they aren’t payment companies, according to a lawsuit filed this month.

By Patrick Cooley • Jan. 29, 2025

Gen Z still prefers in-person shopping

The generation prioritizes buying beauty and luxury goods in person, placing a premium on the physical shopping experience, research from Adyen shows.

By Xanayra Marin-Lopez • Jan. 29, 2025

Fintechs may gain at banks’ expense in Trump era

The Trump administration may usher in policies that buttress the aspirations of new entrant payments players and increase competition for banks.

By Lynne Marek • Jan. 28, 2025

X teams with Visa on new digital payments tool

Billionaire Elon Musk’s social media site has forged an alliance with the card network giant to launch a new digital payments tool later this year.

By Lynne Marek • Jan. 28, 2025