Banking


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    Indiana passes EWA law

    The state follows others, including Nevada and Wisconsin, in instituting licensing requirements for earned wage access providers.

    By Tatiana Walk-Morris • May 7, 2025
  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    CFPB spurns BNPL rule

    The Consumer Financial Protection Bureau won’t prioritize enforcement actions related to buy now, pay later payments, the agency said in a notice.

    By , May 7, 2025
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
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    Trendline

    Cross-border payments targeted for upgrades

    When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

    By Payments Dive staff
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images
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    Fiserv names Michael Lyons CEO

    The company disclosed the promotion minutes after the U.S. Senate voted to confirm outgoing CEO Frank Bisignano as commissioner of the Social Security Administration.

    By May 6, 2025
  • Visa booth with people standing in front at the Nacha Smarter Faster Payments conference New Orleans.
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    Lynne Marek/Payments Dive
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    Visa pursues stablecoins for cross-border payments

    The biggest U.S. card network is setting up partnerships and innovating behind the scenes to develop stablecoins for cross-border uses.

    By May 6, 2025
  • Senator Elizabeth Warren holds out her hand as she speaks. In front of her a placard reads "Ms. Warren."
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    Michael A. McCoy / Stringer via Getty Images
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    Warren, Waters urge Fed to reconsider Capital One-Discover

    The Democratic lawmakers blasted the central bank’s “analysis, or lack thereof,” arguing the Fed “parroted assertions made by Capital One.”

    By Dan Ennis • May 6, 2025
  • Fiserv CEO Frank Bisignano
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    Caitlin Mullen/Payments Dive, data from Fiserv
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    Senate to vote on Fiserv CEO for SSA post

    The Senate Finance Committee chair urged colleagues to support Frank Bisignano to become head of the Social Security Administration when they vote on his nomination this week.

    By May 5, 2025
  • Zelle payment money transfer P2P
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    ST.art via Getty Images
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    Zelle service glitch tied to Fiserv resolved

    The P2P payments experienced technical troubles Friday as Fiserv cited an "internal issue" that disrupted its service.

    By Justin Bachman • Updated May 5, 2025
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    bizoo_n via Getty Images
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    Green Dot, Crypto.com partner for banking services

    Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services. 

    By Tatiana Walk-Morris • May 2, 2025
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    Walmart drives toward instant payments

    The mega retailer is eager to use more real-time payments as it speeds up digital services for cost-conscious customers.

    By May 1, 2025
  • A JPMorgan Chase logo stands in front of a building on a city street.
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    subman via Getty Images
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    Executive Shuffle: JPMorgan, Mastercard and PayZen

    Payments and fintech companies are targeting growth, often by harnessing technology, with their recent executive appointments.

    By April 30, 2025
  • Two people sending money to each other through a digital wallet app on their smartphones.
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    MStudioImages via Getty Images
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    Paze aims to pump up the volume with Fiserv

    The digital wallet owned by seven banks has loaded 150 million customer cards onto the system. Now, it’s working with its processor ally to add more banks.

    By April 29, 2025
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    Justin Sullivan / Staff via Getty Images
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    ATM provider Hyosung Americas issues security alert

    The cash machine maker called for a software update, with locations in the Northeast and on the West Coast particularly at risk.

    By Tatiana Walk-Morris • April 28, 2025
  • Senate Democrat Dick Durbin
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    Tierney L. Cross via Getty Images
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    Column

    Durbin to keep pushing card bill

    The retiring Senate Democrat plans to reintroduce the Credit Card Competition Act proposal despite plans to wrap his four-decade congressional career.

    By April 28, 2025
  • PayPal signage outside its corporate campus on a bright day
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    Justin Sullivan via Getty Images
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    PayPal pays up for talent

    The digital payments pioneer delivered sizable pay packages last year after it hired new executives, including one landing $29.4 million in annual compensation.

    By April 25, 2025
  • Dick Durbin Illinois card fee law
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    Illinois AG, Durbin defend state card fee law

    They filed a second brief supporting a state law that excludes taxes and tips from card interchange fees.

    By Justin Bachman • April 25, 2025
  • A sign hangs above an entranceway to a Capital One Café on February 19, 2024, in Miami, Florida.
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    Joe Raedle / Staff via Getty Images
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    Capital One readies for Discover integration work

    With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.

    By Caitlin Mullen • April 24, 2025
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    Trade group pushes directory for instant payments

    The U.S. Faster Payments Council advocated for an open and secure directory service to increase real-time payment adoption, per a report earlier this month.

    By April 23, 2025
  • FedNow Federal Reserve Bank
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    FedNow draws 1,300 financial firms

    The instant payments service has attracted mostly small and mid-sized financial services firms as it inches up adoption by financial institutions.

    By Tatiana Walk-Morris • April 23, 2025
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    Q&A

    Write off paper checks, ACI Worldwide CEO advises

    Tom Warsop praised the Trump administration’s move to eliminate paper checks and suggested businesses should do the same.

    By April 22, 2025
  • Fiserv's headquarters in Milwaukee
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    Fiserv, Kansas to open fintech hub

    The hub will open later this year in Overland Park, Kansas, and help Fiserv better serve Midwestern customers, the company said in a news release Monday.

    By April 21, 2025
  • A sign for Discover Financial Services
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    Scott Olson via Getty Images
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    Fed, FDIC force more oversight of Discover

    The Federal Reserve and the FDIC penalized the card network for overcharging merchants on interchange fees and said the company must pay $250 million in fines, make restitution to merchants, and change its practices as a condition to merging with Capital One.

    By April 21, 2025
  • A ballpoint pen sits with its tip on a check.
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    fluxfoto/E+ via Getty Images
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    Paper check use surged last year, AFP says

    Use of paper checks by U.S. businesses jumped last year, according to an annual survey by the Association for Financial Professionals, which struggled to explain the results.

    By April 18, 2025
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    Retrieved from OCC.
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    Capital One-Discover wins approvals

    The Federal Reserve and the Office of the Comptroller of the Currency will allow a merger creating the largest U.S. credit card issuer.

    By Dan Ennis • April 18, 2025
  • People standing at a conference booth with a Visa logo overhead.
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    Lynne Marek/Payments Dive
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    Visa’s Pismo names new CEO

    The Brazilian payments software business promoted new executives as it pursues growth under the auspices of its giant card network owner.

    By Tatiana Walk-Morris • April 18, 2025
  • Juice bar merchant takes card for transaction.
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    jacoblund via Getty Images
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    Pay-by-bank should offer perks: Deloitte

    Banks must persuade merchants and consumers the payment method is an acceptable alternative to credit cards, the consulting firm suggested.

    By April 17, 2025