The Latest
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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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Q&A
How 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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Column
Will 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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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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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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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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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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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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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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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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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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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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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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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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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.
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BVNK raises $50M to fuel US expansion
The stablecoin startup’s plans, including a new office in San Francisco, coincide with the incoming crypto-friendly Trump administration.
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CFPB swats at retail credit cards
The federal agency warned companies issuing credit cards about illegal tactics, specifically calling out promotions that turn into “bait-and-switch” offers.
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Merchants maneuver as Visa enforces surcharge program
As the card network giant enforces its surcharge rules, merchants react to different experiences in the market and adjust.
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What role do stablecoins play in the payments industry?
With the discussion of stablecoins intensifying after the election of Donald Trump, here’s a primer explaining what this cryptocurrency is and what its practical uses may be.
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U.S. Bank CEO talks payments split
Dividing its payments unit into two segments under different leaders points to the significance of the business at the bank, said Andy Cecere, the lender’s chief executive.
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Amex keeps focus on younger customers
The credit card company is sticking with a strategy to concentrate marketing on the millennial and Gen Z generations shaping shopping trends.
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Q&A
Nacha CEO talks 2025 trends
Jane Larimer, who leads the association, predicts pay-by-bank and instant payments will remain hot topics next year, with artificial intelligence staying center stage as well.
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Shift4 merges with Eigen
Shift4 quietly updated its website in recent days to say that Eigen Payments is now a part of the payments processing company.
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Klarna, eBay for European expansion
The Swedish buy now, pay later provider is expanding with the global marketplace company as it contemplates a U.S. initial public offering.
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Ex-TD employee charged in debit card case
The former worker issued dozens of cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.