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Peru’s Instant Payment System Will Rely on India’s UPI

Peru plans to implement a real-time digital payments system based on India’s UPI sometime next year. Notably, Peru chose not...

Stablecoins carry consumer risk: panel

Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Congress left...

In the Era of BNPL, Deferred Interest Offers Hang On

With the holiday shopping season already underway, many gift givers may be enticed by the promise of deferred-interest financing. Although...

Dive Deposits: CFPB cries poor

In a bold move this week, the Justice Department’s Office of Legal Counsel told Consumer Financial Protection Bureau Acting Director...

JPMorgan, Fintechs Agree on Payments for Customer Data

The long-running dispute between JPMorgan Chase and the third-party apps that rely on its data has finally reached a resolution....

Block touts Cash App updates

Dive Brief: Cash App has added new Bitcoin use features, parental control levers and lending options in updates to its...

As Credit Washing Surges, TransUnion Fights Back

Fraudulent credit activity is on the rise, and it’s costing lenders—and consumers—millions. TransUnion is launching a solution to fight credit...

Paystand acquires Bitwage | Payments Dive

Dive Brief: Paystand, the business-to-business payments company, has acquired Bitwage, the cross-border, stablecoin-supported payments provider, for an undisclosed sum, according...

PayPal Brings BNPL to Canada as Holidays Approach

As more consumers feel the impact of holiday spending on their budgets, PayPal is launching its buy now, pay later...

Visa, Mastercard reach legal pact with merchants

Visa and Mastercard have agreed to end their longstanding “honor all cards” rule and temporarily lower interchange fees as part...

Massachusetts Updates Money Transmission Laws

Massachusetts is the latest state to update its money transmission laws—a move welcomed not just by consumers but also by...

Shift4 founder to keep stake

Shift4 Payments’ founder and executive chairman, Jared Isaacman, intends to retain his company ownership stake in the payments processor even...