The Latest
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Courtesy of Adyen
Q&AHow AI makes payments faster, cheaper
Artificial intelligence can simplify payment transactions for merchants, Davi Strazza, president of North America for Adyen, said in an interview.
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Courtesy of Mastercard
Mastercard agrees to pay $26M to settle discrimination lawsuit
The card network entered the agreement to settle a proposed class action that alleged it discriminated against Black, Hispanic and female employees by underpaying them.
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Sam Silverstein/Payments Dive
Buy now, pay later users pile on debt, CFPB finds
Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, according to a new report from the Consumer Financial Protection Bureau.
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mikkelwilliam via Getty Images
Payments laws apply to online games, CFPB says
Video game companies that operate online gaming platforms must comply with the Electronic Fund Transfer Act, the agency said.
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Getty Images via Getty Images
CFPB picks FDX to set open banking standards
The nonprofit will craft standards for consumer data sharing between financial institutions for the next five years.
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Michael M. Santiago via Getty Images
RTP payments surged 38% last year
The high-speed payments system operated by The Clearing House also saw the value of transactions nearly double last year over 2023.
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Courtesy of Ally Financial
Ally lays off hundreds of employees
The digital bank also said this month that it’s exploring strategic alternatives for its credit card business.
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Courtesy of Instacart
Deep DivePayments plays gather momentum in 2025: 6 industry trends to watch
Deregulation, artificial intelligence and stablecoin use are among the industry forces that will drive more digital payments use and innovation this year.
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Poike via Getty Images
FTV Capital raises $4B for more B2B investments
The venture capital firm with a fintech focus said the latest fundraising brings the total raised since its founding to $10.2 billion.
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Kevin Dietsch / Staff via Getty Images
Fintech Dave alters fee structure, blasts DOJ over amended lawsuit
The cash advance online platform called the lawsuit “a continued example of government overreach.”
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Creative via Getty Images
Sezzle challenges critical research from short-seller firm
The buy now, pay later firm argues that a recent Hindenburg Research report highlighting a decline in users and merchant partners overlooks important context and details.
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Permission granted by John Kraft
Q&AHow ACI Worldwide is deploying AI
The payments software company has artificial intelligence delivering efficiencies in several areas of its business, CEO Tom Warsop said recently.
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Courtesy of U.S. Senate Committee on Health, Education, Labor and Pensions
ColumnWill Trump and Sanders lock arms to cap credit card interest rates?
The senator and incoming president partnering on a cap proposal may not be as far-fetched as the payments and banking industries would hope.
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insta_photos via Getty Images
Payments player Tranch acquired by legal services firm
Both companies provide services to law firms worldwide, and the acquirer, Elite, says the merger will help expand its product offerings.
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Anna Moneymaker / Staff via Getty Images
CFPB details BNPL, EWA supervision for first time
In its latest supervisory overview, the Consumer Financial Protection Bureau included a review of buy now, pay later and earned wage access examinations.
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whyframestudio via Getty Images
How ‘frictionless’ payments may benefit, hurt consumers
Such digital payments can slash transaction times, improve data security and provide valuable insights into consumer purchasing behavior and preferences.
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Anna Moneymaker via Getty Images
Merchants, banks spar over Fed’s debit card fee proposal
Major trade groups for merchants and banks engaged in another round of fighting last week over whether the Federal Reserve should finalize a lower debit card interchange fee rate.
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Courtesy of Affirm
Debit card decline issue persists for Affirm
The buy now, pay later firm has a team working to correct a problem with some customers experiencing debit card declines, the company CFO said in December.
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Courtesy of Walmart
Walmart forced delivery workers to pay ‘junk fees,’ CFPB alleges
A Consumer Financial Protection Bureau lawsuit alleges the retailer and fintech Branch Messenger illegally opened accounts for drivers, and deposited their pay into accounts without their consent.
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Courtesy of DoorDash
Fiserv swallows gig rival Payfare
The mega payments processor bought a Canadian digital banking provider after the two jockeyed for business from the delivery company DoorDash.
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Scott Olson via Getty Images
PAR Technology buys Delaget for $132M
The food service point-of-sale and payments software provider said it bought the data analytics company to better service restaurant operators.
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Courtesy of Early Warning Services (parent company of Zelle)
CFPB sues Early Warning Services over Zelle
The federal agency sued the operator of the pay-by-bank service as well as three bank owners, alleging they let fraud "fester" on the digital system.
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scyther5 via Getty Images
CFPB takes aim at gambling card fees
The federal agency says credit card issuers are charging cash advances fees of at least $10 on gambling transactions, even if those transactions are small.
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Permission granted by Amazon.
Visa spots tripling of fraud over holiday weekend
The card network attributed the spike in fraud partly to criminals adopting artificial intelligence to execute their schemes.
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Courtesy of Vercel Inc
Stripe CFO joins board of AI start-up Vercel
The digital payments company’s CFO will become a director at the firm as it seeks to build out generative AI-enabled tools.
