The Latest

  • Bilt Rewards credit cards Wells Fargo Cardless Ankur Jain
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    Bilt tackles sports with $300M deal

    The rent-rewards startup aims to stretch beyond housing payments and credit cards by buying Lava, a technology firm that focuses on sports loyalty.

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    Mastercard scales in India

    The card network expanded its tie with the country’s largest private bank, increasing its opportunities to sell to small businesses and consumers.

  • BNPL buy now pay later consumers
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    BNPL bolsters holiday budgets: survey

    Younger shoppers favor buy now, pay later loans more than their older counterparts, but BNPL companies draw consumers across income brackets, a survey finds.

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    Courtesy of U.S. Bank
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    Amex nabs new risk chief

    The executive shuffle comes at a pivotal time for Amex, which was hit this month with regulator penalties over anti-money laundering compliance failures.

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    Q&A

    AI agents won’t pay the way you do

    Plaid’s payments head explains how payment methods might shift as artificial intelligence begins choosing how to pay.

  • Toast FTC legal point of sale merchants fees consumer protection lawsuit
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    FTC, states sue Toast over fees

    The agency and eight states allege that the point-of-sale services provider charges its restaurant clients and their customers hidden fees.

  • Close-up of several overlapping bank cards on a wooden surface, with Visa and Mastercard logos visible.
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    The image by Sean MacEntee is licensed under CC BY 2.0
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    Column

    Will ditching the ‘honor all cards’ rule matter?

    Visa and Mastercard agreed to drop the standard in settling litigation with merchants, but the concession may not be much of a victory.

  • cross border payments technology regulation rails Money2020
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    Justin Bachman/Payments Dive
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    Settling cross-border payments remains tough

    Global payments are moving faster, but local settlement remains a pain point for many companies, according to speakers on a Money20/20 panel.

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    Elavon pursues Paze, agentic commerce

    Mobile wallet Paze is “ready to do pilots,” said Wally Mlynarski, CEO of the U.S. Bank subsidiary.

  • agentic commerce AI fraud liability risk Cameron Fowler Early Warning Services
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    Liability looms over AI shopping

    Some banks and other payment players lament how agentic commerce has steamrolled ahead without “rules of the road” for liability issues. 

  • Visa earnings agentic commerce credit cards networks
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    Visa adapts to tech innovations

    The card network’s fiscal 2026 results show it’s reaching beyond legacy payments paths to incorporate new technologies, offer new services and extend its global reach with more partners.

  • A Paypal logo and sign is mounted to a metal entrance monument surrounded by shrugs and trees.
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    Alamy
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    Venmo results lift PayPal

    The digital payments processor is benefiting from its peer-to-peer payment tool business after cutting 2,000 employee jobs.

  • debit card fees Federal Reserve banks merchants interchange
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    Fed loses debit card cap appeal

    The Federal Reserve’s debit card interchange rule doesn’t follow the intent of Congress in setting a limit for swipe fees, an appellate court ruled Monday.

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    Spencer Platt via Getty Images
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    USDA proposes adding chip and tap-to-pay tech to EBT cards

    The National Grocers Association said the payment technologies, which are currently available in nearly a dozen states, can help reduce SNAP fraud.

  • Chicago Federal Reserve President Austan Goolsbee stands at podium with hands up and lighted screen behind.
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    Column

    Why checks still matter

    At a major industry conference this month, the paper instrument kept cropping up in discussions, even with an agenda focused on digital modernization.

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    Euronet, Fireblocks pursue stablecoin cards

    The companies are extending their partnership to provide financial firms with the infrastructure needed to issue stablecoin-funded cards.

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    Justin Sullivan via Getty Images
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    Amex to shrink workforce

    The card company plans to cut 4.5% of its employees to become more “agile and efficient” as it adjusts to more use of artificial intelligence, CEO Stephen Squeri said.

  • Mark Zuckerberg Meta agentic commerce Stripe retail sales
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    Finn Gomez via Getty Images
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    Shopping is Muse’s top task: Meta

    About a quarter of the personal agent’s earliest adopters look to shop, with an average purchase size around $200, Meta’s CEO said.

  • Sezzle buy now pay later bank charter OCC financial services regulation
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    Sezzle seeks OCC bank charter

    The buy now, pay later provider wants a U.S. charter from the Office of the Comptroller of the Currency amid new state rules.

  • Paze Early Warning Services retail checkout digital wallets merchants
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    Justin Bachman/Payments Dive
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    Paze sets big targets after revamp

    The wallet’s bank owners are battling Apple and PayPal with an extensive marketing push, touting it as a more secure payment method.

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    Treasury tallies $270M in suspicious financial aid transactions

    The department flagged the potentially fraudulent activity as it seeks to stop criminals from stealing student financial aid payments.

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    Cross River to acquire Accrue

    Adding the payment and reward services provider would let the bank offer its clients an expanded embedded finance offering. “Payments and loyalty are becoming one,” Cross River’s CEO says.

  • Fiserv Takis Georgakopoulos
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    Justin Bachman/Payments Dive
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    Fiserv taps AI for retail rethink

    Merchants are grappling with how their payments technology will handle artificial intelligence-fueled digital commerce, a Fiserv executive said.

  • A Canadian flag next to an American flag next to each other waving in the air.
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    Joe Raedle via Getty Images
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    Visa changes fees in Canada

    A Canadian trade group has urged card networks to reduce their interchange fees and pass those cost savings on to sellers.

  • stablecoins crypto policy cross border payments Fed research
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    New payment rails catch on, slowly

    Some companies have yet to realize the full potential of multi-rail systems, speakers said at the Money20/20 conference Monday.