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9 | Follower
Payments Dive
09.07.2025
In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are doing to protect customers using the digital payments service.
The grocer is trying out technology from two providers, including Instacart’s Caper Carts that let shoppers pay directly from the cart.
The spending and tax bill signed by President Donald Trump includes a new levy on international money transfers, though it’s lower than initially proposed.
08.07.2025
The on-demand pay company sourced $200 million from Barclays, Morgan Stanley and Citi through an asset-based securitization to accelerate growth.
The deal is a departure from the company’s typical blueprint for acquisitions, according to analysts.
While Louisiana enacted a new earned wage access law this month, the controversy over state legislation rages on in Connecticut.
03.07.2025
Small and mid-sized businesses can now use Balance’s buy now, pay later financing on the global e-commerce marketplace.
Payments players are urging Washington policymakers to leave artificial intelligence less regulated so they can use it to fight fraud.
02.07.2025
The paper check will persist for decades for small companies, despite the growth of digital payments, BillGO’s CEO predicts.
Courts in New York and Chicago rescheduled two antitrust trials over Visa and Mastercard swipe fees to next year as merchants decried further delays.
The company that owns the peer-to-peer service Zelle suggested the U.S. Treasury Department use that tool to replace checks with digital payments.
01.07.2025
ACI Worldwide, Bill and Corpay lured chief financial officers from other companies this month as the health of the U.S. economy wavers.
The companies say they aim to strengthen tech tools available for smaller financial institutions in issuing cards.
The buy now, pay later player is for the first time partnering with a company that provides in-game payment services to video game developers.
Banks and the Consumer Financial Protection Board are misreading the law that enables open banking, the Financial Technology Association told a federal court.
28.06.2025
The payments and invoicing firm’s chief, Brandon Spear, sees artificial intelligence as “transformational” in its capacity to scale business scams.
New York’s regulation of buy now, pay later will be based on data and BNPL firms' input, DFS boss tells fintech conference amid industry disapproval.
27.06.2025
Stablecoins are like “another payment rail,” said Vince Tejada, who heads treasury and strategic finance at stablecoin infrastructure provider Bastion.
Alongside those instant payment security features, the Federal Reserve increased the maximum payment that can be sent over the real-time system to $1 million.
Companies developing digital wallets, cryptocurrency strategies and pay later tools are still seeking top talent despite economic turmoil, recruiters say.
The digital payments pioneer will handle the collegiate conferences’ payments to student athletes as it makes a bid for more student spending.
26.06.2025
Digital assets have the power to “disintermediate” the financial system by bypassing traditional payment rails, according to a Deloitte report.
A New York federal judge ruled Department of Justice allegations against the card network over an illegal monopoly in the debit card market are plausible at this stage of litigation.
The New York bill-pay company is set to be acquired by Xero, a New Zealand provider of accounting and payroll management software for small businesses.
25.06.2025
The class action agreement covers consumers and ATM operators who alleged that Visa and Mastercard restrained competition in the cash machine market.
The Swedish buy now, pay later business integrated its payments tool into the search giant’s digital wallet, making its services more widely available.
24.06.2025
The payments processor wants to be an early mover as banks, the U.S. government and other payments players press for stablecoin adoption.
Measures to defund the Consumer Financial Protection Bureau and to reduce salaries at the Federal Reserve are outside the limits of Senate reconciliation procedures, the chamber’s parliamentarian ruled Thursday.
With additional briefs in hand, a federal judge will consider a Consumer Financial Protection Bureau rule that bars medical debt on consumer credit reports.
The $10M deal resolves US allegations that the retail giant turned a blind eye to scams and fraud that cost consumers hundreds of millions of dollars.
The payments services provider bought the distribution network business to keep building its presence in Australia and New Zealand.
21.06.2025
Meanwhile, other cross-border payment firms have raised millions in recent weeks to bolster their international expansion.
Both companies teased premium card refreshes in the past two weeks, reflecting the race for high-end card holders.
“Pausing or gutting Rule 1033 wouldn’t just stall innovation,” writes one industry executive who has international perspective. “It would send a message that the system works best when it’s closed.”
19.06.2025
Entrepreneurs will adapt rapidly amid the global trade disruption, and geographic reach is key to B2B cross-border payments, CEO John Caplan says.
18.06.2025
Gov. JB Pritzker has signed a bill that delays implementation of a controversial new law that would bar interchange fees on taxes and tips in Illinois.
The money transmitter will pay a $250,000 civil fine to resolve claims it violated consumer laws with its remittances practices.
The maker of software to oversee corporate spending and procurement is now valued at $16 billion with its latest capital raise.
The self-checkout kiosk company was purchased by 365 Retail Markets, a firm focused on self-service technology and backed by private equity firm Providence Equity Partners.
Federal agencies took aim at payments fraud Monday, proposing more collaboration, including with states, to combat the rising problem, especially with respect to paper checks.