Debt
Merchants Are Bearing the Burden of Debit Card Fraud
The costs of debit card fraud have increasingly tilted toward merchants, with retailers now bearing nearly half of the overall...
Executive shuffle: Fiserv, DailyPay and MoneyGram
As the year comes to a close, payments firms wrapped up final top executive hires to reshape their communications, finance,...
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...
