Hack could cost Coinbase up to $400M

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

By Gabrielle Saulsbery • May 19, 2025

Why Mastercard invested in Corpay

The $300 million infusion in a cross-border partner creates a complementary tie, the network’s CFO said. It also comes as headwinds rise on that front.

By Lynne Marek • May 19, 2025

Explore the Trendline➔

Digital wallets proliferate as features advance

As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

By Payments Dive staff

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

CFPB slashes Wise penalty

The U.S. unit of fintech Wise must pay the bureau $45,000 and roughly $450,000 in redress to affected customers – a far cry from the $2.5 million penalty issued in January.

By Rajashree Chakravarty • May 18, 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

Banks struggle to talk about fraud

Financial institutions battling an increase in fraud, particularly push-payment scams, have been stymied in sharing information that might help them better protect customers.

By Lynne Marek • May 15, 2025

Businesses grapple with payments fraud

Companies are struggling to keep up with fraudsters’ growing technological prowess, particularly in business email compromises.

By David McCann • May 14, 2025

JPMorgan Chase taps payments tech head

The bank’s payments arm named Sri Shivananda to head up its technology operations this year. Now, he’s overseeing decisions on stablecoins, real-time transactions and other advances.

By Lynne Marek • 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

Google drops lawsuit against CFPB

The tech giant ended its court battle as the federal agency halted supervision of the company’s payments arm.

By Justin Bachman • May 13, 2025

Stablecoin bill falters in Senate

Democrats demanded fixes to the GENIUS Act – designed to create a framework for bringing stablecoins into the U.S. financial system – and raised concerns about Trump’s ties with crypto ventures.

By Rajashree Chakravarty • May 12, 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

Expensify predicts brand boom from Brad Pitt F1 film

The travel-and-expense manager is the top sponsor of Pitt’s fictional race team and says it expects a wave of new leads from Apple’s summer drama.

By Justin Bachman • May 9, 2025

Banks must accelerate ISO 20022 prep

“While larger banks have made considerable progress in preparing for this transition, smaller regional banks and credit unions are largely lagging,” writes one IT executive.

By Robert Turner • May 9, 2025

AvidXchange swallowed in $2B deal

The accounts payable software firm agreed to be taken private in an acquisition by investment company TPG and card processor Corpay.

By Lynne Marek • May 8, 2025

Apple faces new payments lawsuit

A basketball training company is suing the tech titan, which it claims unfairly collected money from potentially more than 100,000 app developers.

By Justin Bachman • May 7, 2025

Indiana passes EWA law

The state follows others, including Nevada and Wisconsin, in instituting licensing requirements for earned wage access providers.

By Tatiana Walk-Morris • May 7, 2025

Visa pursues stablecoins for cross-border payments

The biggest U.S. card network is setting up partnerships and innovating behind the scenes to develop stablecoins for cross-border uses.

By Lynne Marek • May 6, 2025

Zelle service glitch tied to Fiserv resolved

The P2P payments experienced technical troubles Friday as Fiserv cited an "internal issue" that disrupted its service.

By Justin Bachman • Updated May 5, 2025

Apple violated app payments injunction, judge rules

The tech giant schemed to limit competition and protect its payment revenues from app developers despite the court’s 2021 order, a federal judge said.

By Justin Bachman • May 2, 2025

Green Dot, Crypto.com partner for banking services

Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services. 

By Tatiana Walk-Morris • May 2, 2025

Visa sees economic uncertainty starting to curb travel spending

As consumers brace for the potential impacts of Trump’s tariffs, they’re cutting back on hotel stays and airline travel, Visa executives said.

By Justin Bachman • May 1, 2025

Walmart drives toward instant payments

The mega retailer is eager to use more real-time payments as it speeds up digital services for cost-conscious customers.

By Lynne Marek • May 1, 2025

Mastercard invests $300M in Corpay unit

The card network invested in the cross-border business of its corporate payments partner as the companies agreed to expand their partnership.

By Lynne Marek • April 30, 2025