CFPB proposes rule to rein in data brokers’ sale of consumer information

With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.

By Lynne Marek • Dec. 3, 2024

Black Friday winners and losers

Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.

By Daphne Howland • Dec. 2, 2024

Explore the Trendline➔

Cross-border payments targeted for upgrades

When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

By Payments Dive staff

Lead or be left behind: Adapting to the payment needs of every generation

Meet the payment needs of every generation to boost loyalty, satisfaction and on-time payments.

Dec. 2, 2024

BNPL use may rise this year for holiday shopping

With credit card interest rates at a historic high, consumers are likely to gravitate to lower-cost alternatives, including potentially buy now, pay later options, industry consultants say.

By Patrick Cooley • Nov. 27, 2024

Ex-PayPal CEO opines on everything from crypto to Cobol

Bill Harris, who briefly led the payments pioneer, talks about the U.S. lagging in payments innovation, and the potential of stablecoins.

By Lynne Marek • Nov. 26, 2024

Push payment scam losses to surpass $3B by 2028: report

U.S. fraud losses due to push payment scams are rising, partly because of more real-time payments, according to a report from the payments company ACI Worldwide.

By Tatiana Walk-Morris • Nov. 25, 2024

Real-time payments scams rise

More people are falling for real-time payment scams as the use of such speedy systems increases, a FICO survey showed. 

By Patrick Cooley • Nov. 22, 2024

CFPB tweaks big tech payments rule

In finalizing the new rule to oversee digital wallet providers Thursday, the Consumer Financial Protection Bureau said it made important changes to its initial proposal.

By Lynne Marek • Nov. 21, 2024

Amazon now accepts EBT card payments

The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.

By Patrick Cooley • Nov. 21, 2024

PayPal CEO pushes beyond payments

After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.

By Lynne Marek • Nov. 20, 2024

Google Pay adds Afterpay BNPL services

Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.

By Patrick Cooley • Nov. 19, 2024

Scams ensnare even sophisticated consumers, Fed says

Criminals leverage advanced technology to make so-called mule accounts that pass as humans and persuade consumers to send money to scammers, a Kansas City Fed paper says.

By Patrick Cooley • Nov. 18, 2024

The real question behind embedded vs. integrated payments: Creating seamless transactions

Interested in learning more about embedded payments and how you can leverage them for your business?

Nov. 18, 2024

Payments players should embrace digital currencies

“Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.

By Ryan Miller • Nov. 15, 2024

Mastercard aims to cancel manual card entry by 2030

The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

By Tatiana Walk-Morris • Nov. 15, 2024

Shift4 CEO bets on crypto and Trump

The payment processor’s CEO, Jared Isaacman, plans to plunge ahead with a recent crypto initiative, wagering that President-elect Trump will give a boost to the effort.

By Patrick Cooley • Nov. 14, 2024

Private sector merits ‘significant’ payments footprint, Waller says

The Federal Reserve must consider when to make up for private sector shortcomings in payments, while keeping its role limited, board member Christopher Waller said Tuesday.

By Tatiana Walk-Morris • Nov. 13, 2024

Klarna files for IPO

The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.

By Patrick Cooley • Nov. 13, 2024

Young people fall prey to payments fraudsters

Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.

By Patrick Cooley • Nov. 12, 2024

Will Shift4 scoop up Lightspeed?

The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.

By Lynne Marek • Nov. 11, 2024

Open banking to move toward FDX standard

Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.

By Lynne Marek • Nov. 11, 2024

Afterpay to arrive on 24M Cash App cards

The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.

By Patrick Cooley • Nov. 8, 2024

How Trump’s administration may rework payments policies

The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

By Lynne Marek and Patrick Cooley • Nov. 7, 2024

Paze gets new leader amid slow start

Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service. 

By Patrick Cooley • Nov. 7, 2024

Fiserv exec opens up on Walmart, DoorDash partnerships

Sunil Sachdev, Fiserv’s head of embedded finance, shed light on his company’s latest high-profile collaborations.

By Patrick Cooley • Nov. 6, 2024