P2P payments tools lack transparency, consumer group says

Zelle, the popular peer-to-peer payment service, and rivals should be more upfront with consumers about the ability to ask for money back, Consumer Reports says.

By Patrick Cooley • Oct. 2, 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

Explore the Trendline➔

Digital wallets proliferate as features advance

As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

By Payments Dive staff

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

Visa to buy cybersecurity firm Featurespace

The cybersecurity acquisition is the latest move in a race by card networks to meet their clients’ needs in keeping up with fraud threats.

By Lynne Marek • 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

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

DailyPay to offer service outside US

Earned wage access provider DailyPay plans to begin offering its services outside the U.S. for the first time later this year.

By Lynne Marek • 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

Brex rolls out embedded payments tool

The fintech aims to capture a larger share of the B2B payments market, working with partners in addition to selling directly, Brex's president said.

By Rajashree Chakravarty • Sept. 19, 2024

Fed payments proposal pits big banks against small rivals

The Federal Reserve’s proposal to extend the operating hours of two interbank payments systems has been welcomed by large banks, but panned by many small financial institutions.

By Lynne Marek • Sept. 18, 2024

Rain to offer EWA services via Workday

The earned wage access provider will now be able to offer its services to more employers through the human resources software firm’s systems.

By Tatiana Walk-Morris • 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

Block shuffles leadership, creates chief risk officer role

Block will move several longtime executives into different positions and create a new role to address customer safety, the company said Monday.

By Patrick Cooley • Sept. 17, 2024

Lawmakers push for crackdown on fintechs

Two U.S. senators demanded tighter regulations on BaaS and fintech partnerships, saying they pose “a broader threat to the stability of our banking system and the economy.”

By Rajashree Chakravarty • Sept. 17, 2024

Visa, Mastercard enable rail transit payment in Beijing

The major card networks enabled systems that allow international travelers in China to use their cards to pay for Beijing rail transit as of last week.

By Lynne Marek • Sept. 16, 2024

Key trends shaping the future of payments

Explore trends reshaping the landscape of payments and how businesses can stay ahead with modern solutions.

Sept. 16, 2024

U.S. Bank rolls out access to Paze digital wallet

The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week.

By Patrick Cooley • Sept. 13, 2024

Ansa debuts in-store digital wallet capabilities

Ansa last week launched a software development kit, which can be patched onto the code of a brand’s mobile app. “The pain’s on our side to make sure all their systems talk,” co-founder Sophia Goldberg said.

By Gabrielle Saulsbery • Sept. 13, 2024

Mastercard acquires cybersecurity firm for $2.65B

The acquisition is the latest in a series of cybersecurity firm purchases by the card network over the years.

By Lynne Marek • Sept. 12, 2024