Regulations & Policy
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Retrieved from OCC.
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 -
Explore the Trendline➔
tommy via Getty ImagesTrendlinePayments industry seeks to keep pace with fraudsters
As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.
By Payments Dive staff -
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 -
NY AG alleges two wage access providers made illegal loans
The state’s lawsuits against DailyPay and MoneyLion seek to wind down their earned wage access practices in New York.
By Justin Bachman • April 15, 2025 -
Republicans pressure Fed on debit card fees
Some House Financial Services Committee members are pressuring the Federal Reserve to reverse a proposal to lower the debit card fees that banks can charge.
By Lynne Marek • April 14, 2025 -
DOJ scales back crypto enforcement
The Justice Department will stop prosecuting “unwitting” regulatory violations and focus its efforts on going after those who victimize crypto investors or use crypto to support illicit activities.
By Gabrielle Saulsbery • April 11, 2025 -
Block agrees to pay $40M New York penalty
The payments technology company agreed to pay the fine under a consent order to settle allegations related to lax oversight of its Cash App payments tool.
By Lynne Marek • April 11, 2025 -
PayPal, Block and others face recession risk: analysts
As President Trump’s tariff war raises the specter of a U.S. recession, analysts cited certain payments players as potentially more vulnerable in an economic downturn.
By Lynne Marek • April 10, 2025 -
Shift4 CEO grilled by senators on Musk, SpaceX ties
The lawmakers questioned Jared Isaacman on whether he would remain independent of Musk if he is confirmed to lead NASA.
By Patrick Cooley • April 10, 2025 -
House votes to kill CFPB big tech payments rule
The measure revoking the bureau’s oversight of large technology payments players, such as Google and Block, passed on a straight party-line vote.
By Justin Bachman • April 10, 2025 -
PayPal’s Xoom, Tencent partner on cross-border payments
The deal provides another avenue for customers seeking to send remittances to Chinese consumers.
By Tatiana Walk-Morris • April 10, 2025 -
Rain raises $75M in equity funding
With a fresh capital infusion, the earned wage access provider aims to launch more savings and credit products this year.
By Tatiana Walk-Morris • April 9, 2025 -
Fiserv acquires Australian payment facilitator Pinch
The move comes after the Milwaukee-based payments processor said it would expand its Clover point-of-sale service in Australia.
By Patrick Cooley • April 9, 2025 -
Fiserv says US trade war could harm demand
The company’s point-of-sale devices are manufactured overseas, and therefore subject to across-the-board import taxes.
By Patrick Cooley • April 8, 2025 -
DailyPay sues New York Attorney General
The earned wage access provider lodged a lawsuit against the state after it was notified of alleged lending violations.
By Lynne Marek • April 8, 2025 -
Do growing fintechs need more federal regulation?
State regulators say they’re updating their rules and are best-suited to oversee licensed money transmitters — and a new U.S. payments charter isn’t needed.
By Justin Bachman • April 8, 2025 -
Stripe seeks Georgia special banking charter
If approved, the charter would give Stripe the ability to process credit card transactions without a bank partner.
By Patrick Cooley • April 7, 2025 -
US businesses cling to paper checks
Large and small businesses alike are still using the 20th-century form of payment extensively, even as the federal government presses ahead with digital alternatives.
By Lynne Marek • April 7, 2025 -
Cap One-Discover deal detractors assail reported DOJ approval
Capital One’s $35 billion purchase faces two remaining federal approvals — and plenty of critics who expect consumers will face higher costs.
By Justin Bachman • April 6, 2025 -
Durbin rounds up CCCA support
The Democrat from Illinois asked retail and restaurant industry representatives this week to help build support for the Credit Card Competition Act, but it has yet to be introduced this year.
By Lynne Marek • April 4, 2025