• A sign is posted in front of an office at Google headquarters on February 02, 2023 in Mountain View, California
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    Google, Amex roll out anti-fraud tool

    Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.

    By Feb. 7, 2023
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    Photo Illustration: Instacart; Getty Images


    Eliminating costly false declines online

    “False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.

    By Chris Ryan • Feb. 6, 2023
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    Rising payments fraud triggers new cyber-security tools

    As criminals advance their schemes for digital payments fraud, cyber-security firms are racing to keep up. In-person payments fraud hasn’t gone away either.

    By Payments Dive staff
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    Zip pauses acquisitions

    The Australia-based buy now, pay later provider’s acquisitive days “are behind us, for now,” said CEO Larry Diamond.

    By Feb. 1, 2023
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    Gemini cut another 10% of staff: report

    The crypto exchange has been affected by Genesis' bankruptcy and the FTX contagion.

    By Gabrielle Saulsbery • Jan. 24, 2023
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    International coalition pursues cross-border payments improvements

    In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.

    By Jan. 23, 2023
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    PayPal confirms data breach

    Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.

    By Matt Kapko • Jan. 20, 2023
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    Card industry’s fraud-fighting efforts pay off: Nilson Report

    Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report.

    By Jan. 5, 2023
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    Fed, OCC, FDIC issue joint warning on crypto risks

    The regulators didn't go so far as to create new rules around bank-crypto partnerships, but said they're "continuing to assess" if — and how — such tie-ups can proceed safely.

    By Gabrielle Saulsbery • Jan. 4, 2023
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    Toomey bill would put stablecoin oversight in OCC’s hands

    The outgoing senator said he wanted to shield stablecoin activity from the Fed, which is still debating whether to issue a central bank digital currency. Toomey noted the Fed’s “significant skepticism” of stablecoins.

    By Gabrielle Saulsbery • Dec. 22, 2022
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    Payments funding plummets in 2022

    This year’s venture capital funding activity in payments paled in comparison to 2021’s record-setting year.

    By Dec. 22, 2022
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    Job cuts piled up in payments this year

    Payments companies chopped jobs as they confronted challenges posed by inflation and stagnating e-commerce growth.

    By Dec. 21, 2022
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    Consumer credit metrics slip further

    Discover Financial Services and Synchrony Financial this week each reported increases in delinquencies and charge-offs.

    By Dec. 16, 2022
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    BofA analysts downgrade Affirm, Discover, Synchrony

    Exposure to consumer credit risk and lower-income spending is significant for those three payments companies, analysts warned Tuesday.

    By Dec. 14, 2022
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    Retrieved from Discover Spokesman Robert Weiss on December 14, 2021

    Discover pulls back on debit product

    The card company has suspended applications for its checking and cashback debit product due to instances of fraud, its CEO said this week.

    By Dec. 8, 2022
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    PayPal CEO gives gloomy forecast

    PayPal CEO Dan Schulman said he doesn’t expect the global economy or retail activity to improve in 2023, especially with the war in Ukraine dogging Europe.

    By Dec. 8, 2022
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    FTX fallout spurs regulatory fears

    Payments industry professionals, including at the software security firm Fireblocks, worry that the crypto exchange’s downfall could trigger a regulatory backlash against digital assets.

    By Dec. 6, 2022
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    Harvard researchers flag BNPL risks

    The working paper shines a spotlight on BNPL risks just as the payment method lures more consumers amid high inflation.

    By Dec. 1, 2022
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    Banks discuss refund rule for customers defrauded on Zelle: report

    Under measures being discussed, banks would share liability inside Zelle’s system and guarantee to reimburse one another, sources told The Wall Street Journal.

    By Anna Hrushka • Nov. 28, 2022
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    Demand for credit cards climbed this year

    Consumer demand for credit cards rose this year over prior years, and card issuers increasingly approved their applications despite the worsening economic climate.

    By Nov. 22, 2022
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    Card debt mounts for younger, less affluent borrowers

    Debt burdens and delinquencies are rising more rapidly for younger and less wealthy borrowers, the New York Federal Reserve Bank researchers said.

    By Nov. 18, 2022
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    Can Congress come together on crypto?

    Perhaps even a divided Congress can make bipartisan headway in crafting a regulatory framework for crypto following the FTX failure.

    By Nov. 17, 2022
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    CEOs Sound Off: Payments forecasts for 2023

    The CEOs of Brex, Splitit and Paystand weigh in on what’s to come in the year ahead, commenting on the trends, challenges, regulation and M&A.

    By , Nov. 16, 2022
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    Discover concludes student loan probe

    While the card company said it has finished its own investigation into its student loan servicing practices, it may still be subject to regulatory probes.

    By Nov. 16, 2022
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    FTX files for bankruptcy, CEO steps down

    FTX.com’s assets were frozen in the Bahamas, where the company is headquartered. Crypto lender BlockFi also paused withdrawals because of its exposure to FTX.

    By Gabrielle Saulsbery • Nov. 11, 2022
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    FIS targets $500M in cost cuts

    The digital payments company is aiming to cut costs by streamlining operations, reducing capital expenditures and pulling back on vendor contracts.

    By Jonathan Berr • Nov. 9, 2022