Banks must accelerate ISO 20022 prep

“While larger banks have made considerable progress in preparing for this transition, smaller regional banks and credit unions are largely lagging,” writes one IT executive.

By Robert Turner • May 9, 2025

Mastercard faces cross-border headwinds

The credit card network reported a first-quarter slowdown in the growth of international travel, a potential warning sign amid economic uncertainty.

By Patrick Cooley • May 8, 2025

Explore the 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

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

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 Lynne Marek , Patrick Cooley • May 7, 2025

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 Patrick Cooley • May 6, 2025

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 Lynne Marek • May 6, 2025

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

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 Patrick Cooley • May 5, 2025

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 Lynne Marek • April 28, 2025

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

Fiserv to acquire Brazilian fintech Money Money

The processor’s purchase will benefit its Clover unit in its effort to provide financing to small businesses, the company said.

By Patrick Cooley • April 24, 2025

Adyen hit with cyberattack in Europe

Services were disrupted for about eight hours over two days by a distributed denial of service attack, the Dutch company said on its website.

By Patrick Cooley • April 23, 2025

Card holders rail about Uber in FTC lawsuit

Uber user complaints about recurring monthly charges, unclear enrollment and a frustrating cancellation process spur a Federal Trade Commission lawsuit.

By Justin Bachman • April 22, 2025

Instant payments could improve video games: KC Fed

Moving away from in-game currencies may make the gaming experience simpler for players and reduce costs for video game companies, Kansas City Fed specialists argue.

By Patrick Cooley • April 22, 2025

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 Lynne Marek • April 22, 2025

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 Patrick Cooley • April 21, 2025

Ramp reportedly angles for part of $700B US credit card program

The fintech is seeking to handle a piece of the SmartPay federal employee charge card program, assisted by its close ties to the Trump administration, the media outlet ProPublica reported.

By Justin Bachman • April 21, 2025

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

CFPB to ‘deprioritize’ payments oversight

An agency memo directs the agency’s staff to bring redress directly to affected consumers, “rather than imposing penalties on companies.”

By Gabrielle Saulsbery • April 18, 2025

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

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 Patrick Cooley • April 17, 2025

For medical debt, ‘care now, pay later’ models abound

As healthcare expenses grow, fintech startups look to boost the affordability — and profitability — of medical payments.

By Justin Bachman • April 16, 2025

Klarna partners with Fiserv’s Clover

A recently signed deal will bring Klarna’s installment loans to Clover checkout at merchants across the U.S.

By Patrick Cooley • April 16, 2025

Worldpay delivers payments industry insights in DC

Executives of the merchant services company visited Capitol Hill this month to connect with congressional staffers and share their views on payments.

By Lynne Marek • April 15, 2025

Credit card 90-day delinquencies rise to record: report

The percentage of U.S. credit card accounts past due for 90 days was the highest in 12 years during the fourth quarter, a Philadelphia Federal Reserve report said.

By Patrick Cooley • April 15, 2025