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CFPB must request funds from Fed, court rules
A federal judge rejected an argument that the bureau would run out of money in early 2026 because the central bank hadn’t turned a profit since 2022.
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DOJ presses Visa antitrust case
The Justice Department is pressing ahead with the debit card market case brought against the network during the Biden administration.
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Consumer groups attack card settlement
Groups representing consumers and small business joined merchants in faulting a proposed Visa, Mastercard card fee settlement.
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Klarna faces investor lawsuit
The buy now, pay later company understated the risks of its consumer loans, the legal action alleges.
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CFPB shifts on EWA policy, again
Certain employer-partnered earned wage access products aren’t subject to U.S. lending laws, the bureau said, formally discarding a 2024 Biden-era rule.
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Klarna, Shift4 embrace stablecoins
Both companies announced stablecoin ventures in the past week.
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Executive shuffle: Fiserv, DailyPay and MoneyGram
Major payments services providers made new C-suite hires this month as they geared up for 2026.
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Fed seeks ‘skinny’ account comment
The Federal Reserve Board voted 6-1 Friday to gather public comment on creating a new special payments account for use by financial institutions.
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Fiserv, Visa unite on agentic tools
The payment processor plans to partner with card networks, also including Mastercard, to cater to merchants navigating agentic commerce.
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Q&A
Can transparency curb synthetic fraud?
Giving consumers a deeper look into their data will reduce payments fraud, the president of checkout software firm Bolt contends.
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Fintech Mercury applies for OCC bank charter
The company also appointed an alum of SoFi, Green Dot and Goldman Sachs to serve as CEO of the proposed bank.
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