The Latest
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Intuit rolls out phone tap, recurring payments
The financial software company says it’s focused on devising new methods for small business owners to be paid faster.
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Amex to buy expense manager Center to bolster offerings
The deal will allow the banking and card network behemoth to expand its expense management and accounting functions for business travel.
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Papaya Global adds Citi as partner
The payroll and payments services provider that has been working with JPMorgan Chase now calls Citibank a sponsor as well.
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Dan Kitwood via Getty Images
Digital asset use could buttress financial inclusion
While digital ledger technology could be used to reach unbanked or underbanked consumers, widespread adoption faces obstacles, a new report suggests.
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Anna Moneymaker via Getty Images
Q&AKilling the CFPB would create a vacuum, former insider says
Payment players and large banks might enjoy lighter regulation if the agency disappears, but should be careful what they wish for, a former CFPB executive says.
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Sezzle pitches coupon feature to consumers and merchants
The discounting function will allow merchants to increase their products’ exposure, the company says.
Updated March 7, 2025 -
Permission granted by Fiserv
Fiserv investors count on next CEO’s well-rounded resume
The payment processor’s CEO designate, Mike Lyons, has won over analysts and investors with his experience at bank clients and payment peers. He’s expected to take over from Frank Bisignano later this year.
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Kent Nishimura via Getty Images
Senate votes to overturn CFPB big tech rule
The Senate backed a resolution to overturn a Consumer Financial Protection Bureau rule that gave the agency oversight of big tech companies offering payment tools.
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Courtesy of Stitch Fix
Online retailer Stitch Fix expands BNPL options
Stitch Fix is one of many retailers increasing buy now, pay later options. It added Affirm this week to a roster that also includes Klarna and Afterpay.
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Michael M. Santiago via Getty Images
Banks say court’s ‘novel’ ruling upends wire transfer business
The banking industry wants a federal appeals court review in New York’s case against Citibank, arguing that a judge has injected uncertainty into the wire transfer market.
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Kayla Bartkowski via Getty Images
CFPB drops fraud suit against Zelle’s operator, big banks
The 2024 lawsuit alleging rampant fraud on the peer-to-peer payments service is the latest action the CFPB has dismissed under the Trump administration.
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Jason Doiy / Getty Images via Getty Images
Checkout.com opens San Francisco office
The British digital payments company is expanding its U.S. presence after seeing revenue surge last year.
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Zip targets BNPL services at everyday purchases
New partnerships focused on common consumer transactions recently allowed the Australian buy now, pay later company to boost revenue in the U.S. market.
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Courtesy of Taco Bell
PAR Technology fuels software strategy with acquisitions
The company has pivoted to a software strategy, by buying up other companies and building on its point-of-sale hardware beginnings.
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Anna Moneymaker/Getty Images via Getty Images
Trump names coins in strategic crypto reserve
Differing from prior calls for a national bitcoin stockpile, the strategic reserve will have bitcoin, ether, Ripple’s XRP, Solana’s SOL and Cardano’s ADA, according to the president’s Truth Social post.
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Lynne Marek/Payments Dive
Visa lays out blueprint for global growth
As if to push back against slowing card business growth in the U.S., the network’s top executives have staked out areas targeted for expansion.
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Q&A
Fiserv exec talks real-time payments and challenges
Matt Wilcox, president of digital payments solutions for Fiserv, discussed the company’s plans for making real-time payments ubiquitous, and the hurdles to reaching that goal.
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Dwolla taps Walmart alum for CFO
Daniel Quezada is the payments player’s second chief financial officer in less than two years.
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Flywire cuts 10% of workforce, undertakes strategic review
The payments software company is paring its workforce after a drop in demand in its education vertical. It’s also undertaking a comprehensive review of operations.
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NCR Voyix links with Worldpay, reports revenue drop
The e-commerce payments company narrowed its losses last year, even as revenue declined. Now, it’s wooing restaurants and retailers through the new tie.
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Kayla Bartkowski / Staff via Getty Images
Democrats needle McKernan at nomination hearing
Given recent turmoil at the CFPB, Sen. Elizabeth Warren said Jonathan McKernan – nominated to lead the agency – seems “lined up to be the No. 1 horse at the glue factory.”
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Marqeta replaces CEO, makes acquisition
The embedded payments and digital card company agreed to buy European electronic payments provider TransactPay for about $47 million and swapped out its CEO for a Visa alum.
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Permission granted by Stripe
Stripe bids for worker shares in offer worth $91.5B
The payments processing company will join with some of its investors to buy stock from current and former employees, Stripe said Thursday.
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Noam Galai via Getty Images
Mastercard taps State Dept official for top role
Richard Verma will rejoin the company this spring as chief administrative officer, overseeing legal and government affairs, Mastercard said Wednesday.
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Lynne Marek/Payments Dive
FedNow boosts send option to $1M
Starting this summer, the Federal Reserve’s real-time payments system will let banks send payments up to $1 million, twice the amount of the existing limit.
