New earned wage access schemes are worsening the affordability crisis New app-based programs resemble payday loans, often trapping users in a pattern of fee-based transactions while demanding "tips" that cost some consumers hundreds of dollars per year.

New earned wage access schemes are worsening the affordability crisis

A new, slick breed of payday loan app is working to extract profits from people struggling with the affordability crisis.

www.americanbanker.com/payments/opi...

#FinTech #FinServ #Banking #Payments #PayTech

Durbin targets airline points with bill A Senate bill proposed by the Illinois Democrat would regulate airline loyalty programs, with increased disclosure requirements for the carriers.

Durbin targets airline points with bill

A Senate bill proposed by the Illinois Democrat would regulate airline loyalty programs, with increased disclosure requirements for the carriers.

www.paymentsdive.com/news/durbin-...

#FinTech #FinServ #Banking #Payments #PayTech

Western Union has big plans for stablecoins Western Union CEO Devin McGranahan said at the Digital Asset Summit in New York that stablecoins were a great way to earn float revenue on money moving through its network. But the possibilities…

Western Union has big plans for stablecoins

Western Union is looking to use stablecoins to earn float revenue on money moving through its network. But the possibilities don't end there.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

It's past time for paper checks to follow the penny into extinction In a digital world, paper checks are an expensive, inefficient and unsecured vestige of the past. Bankers, regulators and policymakers need to come together around a strategy to eliminate their role…

It's past time for paper checks to follow the penny into extinction

Checks are an expensive, insecure legacy that is a drag on the U.S. economy. it is time for the U.S. to phase them out in a logical, orderly fashion.

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#FinTech #FinServ #Banking #Payments #PayTech

As agentic commerce grows, risks abound New study highlights the dangers banks face and potential fixes as merchants and consumers embrace the emerging form of artificial intelligence.

As #AgenticVommerce grows, risks abound

Agentic commerce, which enables tasks with little or no human supervision, can add efficiency to transactions, but also boosts security risks.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech #AI

Merchants are increasingly frustrated by opaque card interchange fees From transaction to transaction, it is impossible for merchants accepting major credit cards to know with certainty what interchange fees they are being charged. Until that's fixed, the interchange…

Merchants are increasingly frustrated by opaque card interchange fees

Instead of treating interchange as a fixed construct to be defended, financial institutions and card networks could move toward a model that emphasizes transparency

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#FinTech #FinServ #Banking #Payments #PayTech

Branch enlists Stripe for digital wallet payouts The EWA provider is using Stripe’s infrastructure to offer another tool that enables companies and contractors to pay their workforces.

Branch enlists Stripe for digital wallet payouts

The #EWA provider is using Stripe’s infrastructure to offer another tool that enables companies and contractors to pay their workforces.

www.paymentsdive.com/news/branch-...

#FinTech #FinServ #Banking #Payments #PayTech

BMO, UK's Monument Bank join the tokenized deposit train Bank of Montreal has introduced a tokenized cash and deposit platform, while the London-based Monument is partnering with the Midnight Foundation's distributed ledger. Also, Starling Bank's AI play,…

BMO, UK's Monument Bank join the tokenized deposit train

Banks are embracing tokenized deposits to improve payment processing without using other forms of cryptocurrency.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

FIS leans into big bank strategy The bank technology and card processing company has renewed its focus on large bank clients in the battle against rivals like Fiserv.

FIS leans into big bank strategy

The bank technology and card processing company has renewed its focus on large bank clients in the battle against rivals like Fiserv.

www.paymentsdive.com/news/fis-lea...

#FinTech #FinServ #Banking #Payments #PayTech

Amex doubles down on AI for businesses The lender has added a new card and plans a suite of artificial intelligence-powered technology for corporates, which face mounting pressures over tariffs and political volatility.

Amex doubles down on #AI for businesses

The payment company is selling to clients that face pressures due to the Iran war and political uncertainty.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

How Revolut plans to go 'head to head' with US banks 2025 was Revolut's fifth consecutive year of net profitability. This year, the neobank has its sights set on expanding in the U.S., a key pillar of its global footprint.

How Revolut plans to go 'head to head' with US banks

2025 marked Revolut's fifth consecutive year of net profitability. This year, the neobank has its sights set on expanding in the U.S., one of the key pillars of its global footprint.

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#FinTech #FinServ #Banking #Payments #PayTech

NY forces cash acceptance New York Attorney General Letitia James reminded consumers and businesses that a new state law, effective Saturday, makes it illegal to decline cash payments.

NY forces cash acceptance

New York Attorney General Letitia James reminded consumers and businesses that a new state law, effective Saturday, makes it illegal to decline cash payments.

www.paymentsdive.com/news/ny-forc...

#FinTech #FinServ #Banking #Payments #PayTech

'We won't cede any ground': Huntington's embedded payments push Huntington is among the banks investing in technology that embeds payments and financial services into nonfinancial functions — a move designed to counter the encroachment of digital wallets and…

'We won't cede any ground': Huntington's embedded payments push

Huntington has added embedded banking and payments tech to streamline business functions and payments.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

Synchrony, others broaden horizons to tap top talent Payments companies are often seeking experience outside of financial services, including in tech, in their search for new hires.

Synchrony, others broaden horizons to tap top talent

Payments companies are often seeking experience outside of financial services, including in tech, in their search for new hires.

www.paymentsdive.com/news/synchro...

#FinTech #FinServ #Banking #Payments #PayTech

PayPal takes Venmo global The peer-to-peer payment app will be available to users in 90 countries by integrating with PayPal accounts, the company said Monday.

PayPal takes Venmo global

The peer-to-peer payment app will be available to users in 90 countries by integrating with PayPal accounts, the company said Monday.

www.paymentsdive.com/news/paypal-...

#FinTech #FinServ #Banking #Payments #PayTech

Affirm outlines options if economic stress rises The buy now, pay later player spelled out ways in which it could adjust its lending in the event U.S. economic uncertainty creates more stress for consumers.

Affirm outlines options if economic stress rises

The buy now, pay later player spelled out ways in which it could adjust its lending in the event U.S. economic uncertainty creates more stress for consumers.

www.paymentsdive.com/news/affirm-...

#FinTech #FinServ #Banking #Payments #PayTech #BNPL

Stablecoin use surges The total transaction volume for the digital assets more than doubled in the past year, according to the asset management firm Macquarie Group.

#Stablecoin use surges

The total transaction volume for the digital assets more than doubled in the past year, according to the asset management firm Macquarie Group.

www.paymentsdive.com/news/stablec...

#FinTech #FinServ #Banking #Payments #PayTech

Elavon's new CEO gets set to go to work U.S. Bank's merchant acquiring group this week named Wally Mlynarski — formerly of Bank of America and a former executive at Evalon — to the top job as AI sweeps over the industry and with fintechs…

Elavon's new CEO gets set to go to work

Elavon, U.S. Bancorp's payments and merchant acquiring business, just appointed Wally Mlynarski CEO, his second stint at the company.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

Visa, PayPal execs react to K-shaped economy The economic model suggests some consumers are becoming wealthier, while the economic well-being of others descends. Here’s how some industry executives view the impact.

Visa, PayPal execs react to K-shaped economy

The economic model suggests some consumers are becoming wealthier, while the economic well-being of others descends. Here’s how industry executives view the impact.

www.paymentsdive.com/news/visa-pa...

#FinTech #FinServ #Banking #Payments #PayTech

New York's Metropolitan eyes opportunity in gaming payments The $8.2 billion-asset bank says it's nearly finished building a platform that will provide gaming operators with real-time payment capability.

New York's Metropolitan eyes opportunity in gaming payments

The bank plans to re-enter the payments marketplace with a gaming solution it believes can generate more revenue than it earned previously.

www.americanbanker.com/news/new-yor...

#FinTech #FinServ #Banking #Payments #PayTech

AI drives global fraud surge Losses to fraud and scams climbed 9.2% in 2025, with much of the increase attributed to bad actors leveraging artificial intelligence, said a report from Nasdaq's Verafin financial crime-fighting…

#AI drives global fraud surge

Losses to fraud and scams climbed 9.2% in 2025, with much of the increase attributed to bad actors leveraging artificial intelligence, said a report from Nasdaq’s Verafin software unit

www.paymentsdive.com/news/ai-driv...

#FinTech #FinServ #Banking #Payments #PayTech

Payments firms diverge on checks Payment companies offered different ways to move past paper checks in comments to the Federal Reserve regarding plans to shift to digital alternatives.

Payments firms diverge on checks

Payment companies offered different ways to move past paper checks in comments to the Federal Reserve regarding plans to shift to digital alternatives.

www.paymentsdive.com/news/payment...

#FinTech #FinServ #Banking #Payments #PayTech

Mastercard's $1.8 billion BVNK deal boosts its stablecoin agenda BVNK's technology enables traditional currency and stablecoins to work together, and will enable the card network to improve distribution for clients that use digital assets.

Mastercard's $1.8 billion BVNK deal boosts its #Stablecoin agenda

Banks and payment companies are building strategies for stablecoins, providing potential services revenue for Mastercard.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

Why OpenAI's checkout 'pivot' isn't a retreat from AI payments While it's moving away from embedding transactions in ChatGPT to funneling purchases through third parties, analysts say the artificial intelligence lab's shift doesn't dilute the threat large…

Why #OpenAI's checkout 'pivot' isn't a retreat from #AI #Payments

OpenAI is migrating from embedding transactions in #ChatGPT to funneling purchases through third parties.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #PayTech

State interchange fee laws progress Legislatures in Colorado and Delaware advanced bills that would curtail interchange fees last week, as a federal appellate court mulls the issue.

State interchange fee laws progress

Legislatures in Colorado and Delaware advanced bills that would curtail interchange fees last week, as a federal appellate court mulls the issue.

www.paymentsdive.com/news/state-i...

#FinTech #FinServ #Banking #Payments #PayTech

Beloved gift card company reveals major cyberattack, data exposed

Popular crypto gift card firm Bitrefill discloses North Korea-linked hack.

www.thestreet.com/crypto/busin...

#FinTech #FinServ #CyberSecurity #Payments #PayTech

AI drives global fraud surge Losses to fraud and scams climbed 9.2% in 2025, with much of the increase attributed to bad actors leveraging artificial intelligence, said a report from Nasdaq's Verafin financial crime-fighting…

#AI drives global fraud surge

Losses to fraud and scams climbed 9.2% in 2025, with much of the increase attributed to bad actors leveraging AI, said a report from Nasdaq’s Verafin software unit.

www.paymentsdive.com/news/ai-driv...

#FinTech #FinServ #Banking #Payments #PayTech

As charge-backs spike, banks should avoid these 5 missteps Payment experts detail where banks are going wrong with charge-backs and how they can improve.

As charge-backs spike, banks should avoid these 5 missteps

Advanced security techniques such as 3D Secure could ease the charge-back problem, according to payment analysts.

www.americanbanker.com/payments/new...

#FinTech #FinServ #Banking #Payments #PayTech

Instant pay can boost low-income workers’ savings habits, report finds Despite consumer advocates’ concerns around earned wage access fees, researchers found modest and consistent usage can help with financial planning.

Instant pay can boost low-income workers’ savings habits, report finds

Despite consumer advocates’ concerns about earned wage access fees, researchers found modest usage can help with financial planning.

www.cfodive.com/news/instant...

#FinTech #FinServ #Banking #Payments #PayTech #EWA

Why United Financial dropped the fintech that managed its rewards The Saginaw, Michigan-based credit union brought its credit card program back in-house to capture more member spending and gain added control over customer relationships. Previously, its credit card…

United Financial Credit Union is leaning into rewards to keep member spending inside its ecosystem. Credit cards drive daily engagement, revenue, and data. When the card relationship sits elsewhere, institutions lose all three.

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