Debt

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...

Fannie Mae to Drop Minimum Credit Score for Homebuyers

Fannie Mae is lowering its minimum 620 middle credit score requirement for purchases and refinance loans—a move that could broaden...

Amazon sues Perplexity over AI shopping agents

Dive Brief: Amazon sued Perplexity in U.S. District Court for Northern California on Tuesday to stop the AI company’s Comet...

EU Institutions Challenge the Merits of the Digital Euro

The digital euro has faced a difficult path to fruition, with many of Europe’s leading financial institutions questioning whether a...

Global Payments leans into Genius

Dive Brief: Global Payments is leaning into its rollout of the Genius brand worldwide to increase its payments volume and...