Debt

Why China Is Offering Interest on Its CBDC

China is stepping up its push for digital currency adoption. Starting January 1, users of the e-CNY—the country’s central bank...

CFPB shifts on EWA policy, again

Dive Brief: The Consumer Financial Protection Bureau said in an advisory opinion published Tuesday in the Federal Register that earned...

Amid Digital Payments, Australians Raise Concerns About Cash

Mobile wallet payments in Australia have grown 23-fold over the past six years, according to the Australian Banking Association. During...

Fed report stirs debit fee debate

Dive Brief: The Federal Reserve on Friday issued a report detailing data on debit card transactions, including fees imposed on...

Who Benefits from the Fed’s “Skinny” Crypto Accounts?

In a proposal that has drawn both interest and concern, the Federal Reserve is exploring whether crypto exchanges and fintechs...

FIS agrees to pay $210M settlement

Dive Brief: Fidelity National Information Services agreed last week to pay $210 million to settle a lawsuit brought against it...

Holiday Shopping Soars, Driven by AI and E-Commerce

Despite macroeconomic concerns, the holidays are still a priority for consumers. Early data from Visa shows that U.S. holiday retail...

Fed seeks ‘skinny’ account comment

Dive Brief: The Federal Reserve Board on Friday voted to seek public comment on what would be a new, limited-use...

Amazon Pay Is One of First Wallets to Support Biometrics on UPI

Not long after India’s Unified Payments Interface (UPI) launched a feature enabling users to approve payments with a fingerprint or...

Zip lands new credit line

Dive Brief: Buy now, pay later company Zip has received a warehouse facility of about $283 million from Victory Park...

Digital Watermarks: The Latest Gift Card Protection

As the holiday shopping season heads into its final phase, last-minute gift cards are expected to fly off the store...

Cross-border payments goals remain elusive

Dive Brief: G20 member countries will likely not meet their cross-border payment targets by 2027, according to a Bank of...