How Hugo Boss, Prada provide bespoke service with payments

These retailers have focused on innovative ways to create tailored services that align with their overall luxury shopping experience.

Oct. 7, 2024

OCC seeks to halt Illinois card interchange fee law

The Office of the Comptroller of the Currency blasted an Illinois law that prohibits credit and debit card interchange fees on tips and excise taxes.

By Lynne Marek • Oct. 3, 2024

Explore the Trendline➔

Payments players eye digital B2B opportunity

Companies offering digital payments services envision billions of dollars in U.S. business payments flow ripe for transitioning to the electronic realm.

By Payments Dive staff

Visa expected to temper competitive moves after DOJ action

The card network may bend to emboldened fintech rivals and more assertive merchants following the Justice Department’s antitrust lawsuit.

By Lynne Marek • Oct. 3, 2024

Hurricane Helene aftermath prompts card, cash troubles

After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.

By Lynne Marek • Oct. 3, 2024

Visa boosts litigation funding ahead of US antitrust fight

The company added $1.5 billion to a litigation escrow account as it battles a Justice Department lawsuit and ongoing legal case with merchants.

By Justin Bachman • Oct. 1, 2024

Payments conferences to keep on your radar for 2025

Artificial intelligence, FedNow and the ISO 20022 standards are expected to be hot topics at next year’s events.

By Shefali Kapadia • Oct. 1, 2024

Affirm may offer discounts after Fed interest rate cut

The Federal Reserve’s interest rate reduction may give the company leeway to offer more consumers 0% interest or a lower APR, Affirm CFO Michael Linford said this week.

By Patrick Cooley • Oct. 1, 2024

Trump interest rate cap draws criticism

Fewer people would be approved for credit cards, and credit card issuers would offer fewer perks, opponents of the longshot proposal say.

By Patrick Cooley • Sept. 30, 2024

Fed dissects consumer use of digital payments

While most U.S. households have a bank account, just under half use a nonbank payment service, Kansas City Federal Reserve Bank research says.

By Tatiana Walk-Morris • Sept. 30, 2024

FDX seeks to become open banking standard-setter

The Consumer Financial Protection Bureau will decide whether an organization’s practices are transparent and balanced enough to set standards for open banking.

By Patrick Cooley • Sept. 26, 2024

Moneygram faces backlog after outage

The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.

By Lynne Marek • Sept. 26, 2024

How Visa stymied big tech rivals

The U.S. lawsuit paints a picture of the dominant card network using lures and threats to stifle competition from competitors Apple, PayPal and others.

By Lynne Marek • Sept. 25, 2024

Sezzle evolves alongside BNPL industry

The company now offers more products but also faces more regulatory pressure, Sezzle CEO Charlie Youakim told Payments Dive.

By Patrick Cooley • Sept. 25, 2024

DOJ suit accuses Visa of illegal debit payment monopoly

The company threatens merchants with high fees, and "makes its potential rivals business partners to thwart competition in debit card processing," the DOJ says.

By Justin Bachman • Sept. 24, 2024

Visa faces possible DOJ lawsuit, news reports say

The card network may soon be sued by the Department of Justice over its debit card practices, according to multiple news reports citing anonymous sources.

By Lynne Marek • Sept. 24, 2024

Stripe shows signs of IPO, despite co-founder comments

The company, which offers payments processing software, has kept its plans close to the vest, but industry insiders say they’ve seen clues.

By Patrick Cooley • Updated Sept. 26, 2024

Love’s adds digital payment method

The convenience store operator turned to Relay Payments to allow truck drivers to pay securely at most of their fueling locations.

By Jessica Loder • Sept. 23, 2024

Amazon, Google stake out bigger foothold in payments

The tech giants are inserting themselves into more retail transactions to build loyalty and harvest customer data.

By Patrick Cooley • Sept. 23, 2024

Walmart, Fiserv team to offer real-time payments

The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.

By Lynne Marek • Sept. 20, 2024

Amazon adds PayPal option to Buy with Prime

The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.

By Tatiana Walk-Morris • Sept. 20, 2024

Affirm CEO stakes out differences with Klarna

Affirm makes money off transactions, whereas Klarna has revenue from marketing, Affirm CEO Max Levchin contended.

By Patrick Cooley • Sept. 19, 2024

Who really pays for your credit card reward points?

"While rewards may feel like a bonus for those who use credit cards regularly, they ultimately come at a cost," writes one payments executive.

By Parth Vatsal • Sept. 19, 2024

Credit Card Competition bill backers keep pressure on

Republican Sen. Roger Marshall has a new ad pitching the Credit Card Competition Act proposal aimed at dislodging Visa and Mastercard’s dominance.

By Lynne Marek • Sept. 19, 2024

Mastercard CFO to continue working after cancer diagnosis

Decisions on medical disclosures can be challenging for companies. Mastercard’s approach drew high marks from some corporate governance experts.

By Maura Webber Sadovi • Sept. 18, 2024

Apple launches Affirm BNPL option

Apple Pay customers can now use their iOS 18 phone or iPadOS 18 to access Affirm buy now, pay later options, including some that don’t charge interest.

By Lynne Marek • Sept. 17, 2024