Risk: Page 2

  • Image of bitcoins.
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    Chris McGrath via Getty Images
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    Affirm executive joins crypto firm Gemini as CFO

    Dan Chen was formerly the vice president of capital markets and bank partnerships for the buy now, pay later company.

    By Grace Noto • March 19, 2025
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    Michael Smith/Newsmakers via Getty Images
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    Column

    States may be called on to pick up payments regulatory slack

    As the Trump administration dismantles the Consumer Financial Protection Bureau, state lawmakers and regulators have more opportunity to shape payments tool oversight, or risk repercussions.

    By • March 18, 2025
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    tommy via Getty Images
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    Trendline

    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
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    I going to make a greatest artwork as I can, by my head, my hand and by my mind. via Getty Images
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    Stablecoin company Mesh raises $82M

    Some of the funding was settled using PayPal’s stablecoin and will be used to build a global platform to transfer stablecoins, the company said.

    By • March 13, 2025
  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv investors count on next CEO’s well-rounded resume

    The payment processor’s CEO designate, Mike Lyons, has won over analysts and investors with his experience at bank clients and payment peers. He’s expected to take over from Frank Bisignano later this year.

    By • March 6, 2025
  • Mastercard Richard Verma
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    Noam Galai via Getty Images
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    Mastercard taps State Dept official for top role

    Richard Verma will rejoin the company this spring as chief administrative officer, overseeing legal and government affairs, Mastercard said Wednesday.

    By Justin Bachman • Feb. 27, 2025
  • American Express logo on window
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    Scott Olson via Getty Images
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    Amex, Alipay target fast-growing China market

    The card company has locked arms with the local digital payments player to accelerate its growth in China, the world’s second most populous nation.

    By • Feb. 26, 2025
  • Stripe CEO Patrick Collison
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    Matt Winkelmeyer via Getty Images
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    Stripe employee share sale may mean delayed IPO

    An internal sale of stock to workers may mean the company won’t pursue a public offering anytime soon, consultants and analysts said.

    By • Feb. 25, 2025
  • Toast point of sale hardware is shown
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    Courtesy of Toast Media Kit
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    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 • Feb. 21, 2025
  • Man leans over laptop with head in hand looking at credit card.
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    Butsaya via Getty Images
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    Shame drives rampant underreporting of fraud

    Push-payment scams are at a "crisis level," consumer advocates at a Payments Dive virtual event said, with losses totaling perhaps more than 15 times what's reported.

    By Gabrielle Saulsbery • Feb. 19, 2025
  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    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 • Feb. 19, 2025
  • The Capital One logo is displayed on the side of its headquarters in McLean, Va.
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    Win McNamee via Getty Images
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    Cap One, Discover shareholders approve merger

    Stockholders of the two companies approved the big bank's $35.3 billion acquisition in separate meetings Tuesday.

    By • Feb. 19, 2025
  • Workers sit at computers on tables in a room, covering their faces with various objects.
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    Ezra Acayan via Getty Images
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    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 • Feb. 18, 2025
  • A phone featuring the Facebook and Instagram apps.
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    Kenneth Cheung via Getty Images
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    How payment scams start on social media

    Bad actors contact consumers through social media and then persuade them to send money over payment platforms, a JPMorgan Chase payments executive said during a Payments Dive virtual event.

    By • Feb. 18, 2025
  • Fiserv headquarters in Brookfield, Wisconsin
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    Google Maps

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    Georgia special charter attracts another applicant

    The move follows the approval of payment processing company Fiserv’s application, which was approved in October, but payments industry consultants say the path to using such a charter is a rocky one.

    By • Feb. 13, 2025
  • Discover sign at driveway entrance to headquarters with flowers in front.
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    Lynne Marek/Payments Dive
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    Discover flags potential Cap One merger delay

    Discover Financial Services said it now expects the transaction to be completed by May 19, three months later than initially expected as the companies await regulatory approvals.

    By • Feb. 12, 2025
  • Illustration with a dollar sign in the middle and a circle around it with what looks like circuitry board lines running to it.
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    Chor muang via Getty Images
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    Senators reintroduce bill to bar CBDC

    Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.

    By • Feb. 10, 2025
  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    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 • Feb. 10, 2025
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    Chip Somodevilla via Getty Images
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    Treasury responds to concerns about Musk ‘meddling’

    A Treasury Department official sought to allay a senator’s concerns about DOGE staffers gaining access to the U.S. payments system, but sidestepped questions Tuesday. The issue escalated at a Wednesday hearing.

    By • Feb. 6, 2025
  • Large desktop computer stands on a desk with a computer monitor. The monitor shows a video game with soldiers attacking. There is a keyboard, mouse and headphones on the desk as well.
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    mikkelwilliam via Getty Images
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    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 • Feb. 4, 2025
  • CFPB Director Rohit Chopra
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    Kent Nishimura / Stringer via Getty Images
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    Chopra finally exits CFPB as Bessent steps in

    The agency’s deputy director, Zixta Martinez, was initially named acting director, but a terse press release Monday designated U.S. Treasury Secretary Scott Bessent to that role.

    By Dan Ennis • Feb. 3, 2025
  • PayPal sign outside in front of parking lot with cars in background.
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    Justin Sullivan via Getty Images
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    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 • Jan. 31, 2025
  • Customer pays at business
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    Creative via Getty Images
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    Q&A

    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 • Jan. 30, 2025
  • A digital OOH advertisement for Apple's "Pay The Apple Way" campaign.
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    Courtesy of Apple
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    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 • Jan. 29, 2025
  • Woman paying at boutique.
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    bymuratdeniz via Getty Images
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    AI promises 2025 advances for payments industry

    The emerging technology will help merchants process payments faster and provide customers with more ways to pay, those who follow the payments industry say. It will also increasingly offer a defense against rising fraud.

    By • Jan. 21, 2025
  • A gold American Express card being passed between two hands
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    Joe Raedle via Getty Images
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    Amex pays $230M to resolve DOJ allegations

    The credit card giant misrepresented features of some credit cards targeting small businesses and entered false information on card applications, the Justice Department alleged.

    By • Jan. 16, 2025