Debt
DailyPay case belongs in state court, judge rules
Dive Brief: A federal judge is sending the New York attorney general’s complaint against earned wage access provider DailyPay to...
Why Is the Digital Euro Taking So Long to Develop?
The digital euro, first proposed in 2020, is now looking at a potential launch date of mid-2029. “The middle of...
Capital One cuts Discover workers
Dive Brief: Capital One Financial is cutting about 382 jobs at Discover Financial Services’ Chicago-area headquarters, the bank told the...
Banks That Actively Fight Fraud Retain Their Customers
As bank fraud continues to grow, it’s more important than ever for financial institutions to be proactive in fighting it....
PayNearMe raises $50M | Payments Dive
Dive Brief: PayNearMe, a Silicon Valley payments technology firm, has raised $50 million from Atlantic Vantage Point’s Growth Fund I,...
FEMA Moves Relief Payments to FedNow
As the federal government nears its deadline for sunsetting paper checks, the U.S. Treasury has begun sending disaster relief payments...
Don’t conflate surcharges and ‘junk’ fees
Jonathan Razi is a payments industry entrepreneur and lawyer, based in Chicago. Keturah Taylor is a partner at the law...
Grayscale Gains Approval for First Crypto Mutual Fund
The SEC has approved Grayscale’s multi-asset crypto exchange-traded product, Digital Large Cap Fund (GDLC)—the crypto world’s first equivalent of a...
PayPal taps data for ad revenue
PayPal Holdings has been building an advertising business since last September, creating a new revenue stream selling ads to the...
Plaid Agrees to Pay JPMorgan Chase Fees to Access Data
In a deal that could have far-reaching ramifications for the U.S. financial service industry, Plaid will pay JPMorgan Chase (JPMC)...
PayPal introduces payment links | Payments Dive
Dive Brief: PayPal Holdings debuted personalized links for sending and receiving money via text, email and other conversations, the digital...
Zelle’s Stablecoin Could Mark Its Entry into Cross-Border
The latest entity to consider minting its own stablecoin is Early Warning Services, the consortium of seven major U.S. banks...
