Fiserv exec talks real-time payments and challenges

Matt Wilcox, president of digital payments solutions for Fiserv, discussed the company’s plans for making real-time payments ubiquitous, and the hurdles to reaching that goal.

By Patrick Cooley • March 3, 2025

Beyond BNPL: How Sezzle’s growth signals an evolution of digital payments

BNPL is evolving, and Sezzle is leading the way. Fueled by a strong Q4, Sezzle expands digital payments to meet consumers where they are—flexibly and responsibly.

By Erin Foran • March 3, 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

Flywire cuts 10% of workforce, undertakes strategic review

The payments software company is paring its workforce after a drop in demand in its education vertical. It's also undertaking a comprehensive review of operations.

By Lynne Marek • Feb. 28, 2025

NCR Voyix links with Worldpay, reports revenue drop

The e-commerce payments company narrowed its losses last year, even as revenue declined. Now, it’s wooing restaurants and retailers through the new tie.

By Tatiana Walk-Morris • Feb. 28, 2025

Democrats needle McKernan at nomination hearing

Given recent turmoil at the CFPB, Sen. Elizabeth Warren said Jonathan McKernan – nominated to lead the agency – seems “lined up to be the No. 1 horse at the glue factory.”

By Caitlin Mullen • Feb. 27, 2025

FedNow boosts send option to $1M

Starting this summer, the Federal Reserve’s real-time payments system will let banks send payments up to $1 million, twice the amount of the existing limit.

By Lynne Marek • Feb. 27, 2025

Gen Z uses BNPL more than credit cards, survey shows

A J.D. Power survey of about 4,300 U.S. consumers found that more of them used buy now, pay later products than credit cards during the holiday shopping season last year.

By Patrick Cooley • Feb. 27, 2025

Digital gift card provider Raise closes $63M round

Cryptocurrency-focused investment firms and organizations poured capital into the gift card company that says it focuses on “blockchain-powered payments.”

By Tatiana Walk-Morris • Feb. 26, 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

CFPB drops case against SoLo Funds

The bureau’s lawsuit against the online lending platform – filed during Rohit Chopra’s tenure – “was wrong” and “the weaponization of ‘consumer protection’ must end,” the CFPB’s Acting Director Russ Vought said.

By Caitlin Mullen • 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

How stablecoins may extend US dollar supremacy

“Dollar-based stablecoins such as USDT and USDC are traded all over the world at any time of the day, regardless of holidays, time zones, and whether markets are open or closed,” writes the CEO of an embedded finance company.

By Bam Azizi • Feb. 20, 2025

Waller sees stablecoins advancing in retail

Stablecoins are seeping into payments at stores, but there are plenty of hurdles before they become widely used, according to Federal Reserve Governor Christopher Waller.

By Lynne Marek • Feb. 20, 2025

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

Fed delays start of new Fedwire standard

The central bank postponed a deadline for banks and credit unions to move Fedwire payments to the ISO 20022 format. That may also hold up a broader industry modernization effort.

By Lynne Marek • 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

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 Patrick Cooley • Feb. 18, 2025

FIS acquires Demica, Dragonfly

Fidelity National Information Services has been buying up businesses as it seeks to expand, especially in providing services to chief financial officers and in the digital arena.

By Lynne Marek • Feb. 13, 2025

Wise to close Tampa office, cut 300 employees

The fintech will shutter its Florida location in November, with layoffs starting in April. Wise will consolidate Americas teams in Austin, New York and São Paulo.

By Rajashree Chakravarty • 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

Klarna, JPMorgan to offer BNPL to business clients

The collaboration will let the bank’s payments division offer the buy now, pay later company’s financing options to business customers.

By Patrick Cooley • Feb. 11, 2025

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 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

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 Lynne Marek • Feb. 6, 2025