The Latest
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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.
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Caitlin Mullen/Payments Dive, data from Fiserv
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.
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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.”
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Shift4 turns to restaurants for future growth
The payment processor has signed thousands of restaurants in Europe and expects to delve deeper into that business.
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Zelle service glitch tied to Fiserv resolved
The P2P payments experienced technical troubles Friday as Fiserv cited an “internal issue” that disrupted its service.
Updated May 5, 2025 -
Apple violated app payments injunction, judge rules
The tech giant schemed to limit competition and protect its payment revenues from app developers despite the court’s 2021 order, a federal judge said.
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Green Dot, Crypto.com partner for banking services
Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services.
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Walmart drives toward instant payments
The mega retailer is eager to use more real-time payments as it speeds up digital services for cost-conscious customers.
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Visa sees economic uncertainty starting to curb travel spending
As consumers brace for the potential impacts of Trump’s tariffs, they’re cutting back on hotel stays and airline travel, Visa executives said.
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Mastercard invests $300M in Corpay unit
The card network invested in the cross-border business of its corporate payments partner as the companies agreed to expand their partnership.
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Executive Shuffle: JPMorgan, Mastercard and PayZen
Payments and fintech companies are targeting growth, often by harnessing technology, with their recent executive appointments.
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PayPal targets European branded service growth
The payments pioneer plans to expand its omnichannel payments strategy in Germany and the U.K., its biggest European markets.
Updated May 1, 2025 -
Paze aims to pump up the volume with Fiserv
The digital wallet owned by seven banks has loaded 150 million customer cards onto the system. Now, it’s working with its processor ally to add more banks.
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Toast, Clover fight for restaurant customers
The fledgling fintechs have gobbled up a significant share of the U.S. restaurant point-of-sale market, but they’ll increasingly be battling industry heavyweights.
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Fiserv ventures into high-end restaurants
The payment processing giant’s point-of-sale platform Clover will begin catering to upscale dining establishments next month.
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ATM provider Hyosung Americas issues security alert
The cash machine maker called for a software update, with locations in the Northeast and on the West Coast particularly at risk.
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Uber expands test with an exotic payment – cash
The company is testing more cities in which drivers will take cash, aiming to attract riders who don’t have credit or debit cards.
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Column
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.
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PayPal pays up for talent
The digital payments pioneer delivered sizable pay packages last year after it hired new executives, including one landing $29.4 million in annual compensation.
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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.
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Apple, Google lag fintechs’ wallets for fraud monitoring: report
Digital wallets are broadly comparable, although they differ on data, fraud monitoring and liability issues, Consumer Reports found in an evaluation.
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Capital One readies for Discover integration work
With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.
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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.
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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.
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FedNow draws 1,300 financial firms
The instant payments service has attracted mostly small and mid-sized financial services firms as it inches up adoption by financial institutions.