The Latest

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    Q&A

    Tyler Technologies aids payments modernization

    The software and payments firm is supporting the federal call to modernize payments as it caters to state and local government clients.

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    Papaya Global

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    Sponsored by Papaya Global

    The next worker payment rail won’t be a traditional wire – governments just confirmed it

    Governments are adopting blockchain-based settlement rails for worker pay. CFOs should pay attention.

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    Opinion

    Stablecoins are inevitable in cross-border payments

    The digital currency is already demonstrating its value across a variety of use cases in multiple markets, a cryptocurrency executive writes.

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    Visa CEO pay tops $31M

    Chief Executive Ryan McInerney’s total pay package last year at the card network was $31.56 million, the highest ever for the job.

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    Stripe digs deeper into crypto

    The digital payments player bought a crypto-focused digital wallet, and its Privy unit has joined with Klarna to develop a crypto wallet.

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    Card fees creep onto restaurant tabs

    Beset by higher food and labor costs, more restaurants are starting to pass along their credit card fees.

  • CFPB Russell Vought Federal Reserve lawsuits payments regulation
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    Anna Moneymaker via Getty Images
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    CFPB budget becomes court fight

    The Consumer Financial Protection Bureau, which has sought to police payments plays, has made its funding a key issue in battling two lawsuits that aim to keep the agency open.

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    Sam Silverstein/Payments Dive
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    Why Block created a credit score

    The digital payments company has services like Cash App and Afterpay that are largely used by young customers who lack credit histories.

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    Christopher Furlong via Getty Images
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    Vanco, ACS Technologies merge to court churches

    The two companies aim to provide payment processing and church management software through a single digital hub. 

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    Justin Sullivan via Getty Images
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    Visa’s new program vexes merchants

    The card giant’s revamped system for assessing interchange fees on credit card transactions has socked some merchants with higher costs.

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    Justin Sullivan via Getty Images
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    Airwallex raises $330M in new funding

    The payment player’s latest capital injection will help fund further U.S. expansion and a second headquarters in San Francisco.

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    Payments players cozy up to crypto

    Banks, card networks and fintechs are issuing stablecoins, and embracing the digital currency infrastructure to usher clients into a new financial era.

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    Fed proposes reduced check services

    The Federal Reserve voted Thursday to consider reducing the availability of check processing services for banks and credit unions.

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    Fiserv faces security issue lawsuit

    A civil complaint alleges the payment processor misled its customers about the use of two-factor authentication to access systems containing sensitive information.

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    Justin Sullivan via Getty Images
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    Google preps $700M settlement payouts

    Two years after the tech giant agreed to settle Play store antitrust complaints with states and consumers, the claims process is gearing up.

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    Alamy
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    FinCen targets illegal remittances

    The federal government’s financial security enforcement arm urged money transfer businesses to be on the lookout for illegal cross-border transfers.

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    Flexbase takes on Amex

    The personal and business finance software firm is betting that private banking services and a new, ultra-premium credit card will lure wealthy entrepreneurs.

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    Pressure on Bill Holdings rises

    Another shareholder, Barington Capital Management, urged the finance and payments software provider to cut costs and consider a sale.

  • Stripe CEO Patrick Collison
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    Stripe to buy Metronome

    The digital payments player has agreed to purchase U.S. billing platform Metronome, bringing together software firms that operate in the same realm.

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    Billtrust, Pavilion tap new CEOs

    The payments players, both of which are owned by private equity firms, switched leaders this month as they charge ahead with growth plans.

    B2B
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    Former PayPal execs invest in Sokin

    The former C-suite executives pitched in to help the cross-border payments startup raise $50 million as it seeks to expand internationally.

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    Thomas Trutschel/Picture-Alliance/DPA/AP

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    Deep Dive

    Digital wallet use outpaces regulators

    Consumers are increasingly turning to these mobile tools for convenience and new features, and regulators are trying to catch up.

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    Sam Silverstein/Payments Dive
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    BNPL spending storms on

    The buy now, pay later industry has posted record spending levels so far during the holiday shopping season, even as it faces heightened regulatory scrutiny.

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    Sean Zanni via Getty Images
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    Cash App spam settlement approved

    A federal judge issued final approval Tuesday of a $12.5 million class action agreement resolving consumer complaints over Cash App marketing messages in Washington state.

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    Dani James/Payments Dive
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    BNPL drives over $1B in online spend on Cyber Monday

    Overall spending on the digital shopping day topped $14 billion in the U.S., per Adobe Analytics. Shopify also touted record sales despite technical difficulties.

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    Courtesy of Klarna Group
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    AGs demand BNPL loan info

    State attorneys general asked for information from buy now, pay later firms, including Klarna and Affirm, regarding loans and user disputes.