Debt
Baltimore sues MoneyLion over lending tactics
Dive Brief: The City of Baltimore has filed a lawsuit against New York-based fintech MoneyLion, alleging the company misled and...
Crikey! Revolut’s New Model for Debit Card Rewards Hits Australia
Reward points for debit cards have largely fallen out of favor in the U.S. since Dodd-Frank passed in 2010, but...
Investors vie to lead Fiserv stock lawsuit
A South Florida police pension fund and a European-based investment firm want to serve as lead plaintiff in a class-action...
Colombia’s Instant Payments System: The New Pix?
Colombia’s new instant payment system, Bre-B, is now live—modeled closely on Brazil’s highly successful Pix and developed in part by...
BNPL lenders should report customers’ data
Phil Goldfeder is the chief executive of the American Fintech Council. BNPL providers Affirm Holdings and Clarity Pay are AFC...
Walmart’s OnePay Adds Crypto Trading to Its Burgeoning Resume
OnePay has made significant enhancements to its services since Walmart took a majority stake in the company, and now the...
Checkout.com seeks Georgia banking charter
Dive Brief: Digital payments processor Checkout.com has submitted its application for a banking charter to the Georgia Department of Banking...
Barclays Exits Two Airlinie Cards, Shifts Focus to GM
Barclays is exiting its cobranded airline credit card partnerships with both American Airlines and Hawaiian Airlines. Citibank, which has been...
FedNow debuts disaster aid payments
Dive Brief: FedNow has begun disbursing instant disaster relief payments via participating financial firms, according to a press release. The...
As Paper Checks Sunset, Fifth Third Scales Up Prepaid
Today marks the official end of paper checks for federal benefit payments. As Social Security and the IRS fully transition...
US payments growth may have peaked
Dive Brief: Global payments revenue growth is set to slow over the next four years, and North America is expected...
Uber’s Prepaid Passes Are About More Than Loyalty
Uber’s new prepaid passes—offering riders reduced rates on frequently traveled routes—are designed to appeal to those who consider the rideshare’s...
