Debt

Visa, Mastercard vie for Treasury role

Visa, the largest U.S. card network, and its No. 2 rival, Mastercard, took the Treasury Department’s new payments modernization initiative...

Why Digital Cards Are the Future

Digital cards saw a significant boost in adoption during the pandemic, initially driven by necessity. However, it quickly became clear...

Will the X payments plan morph?

For years, Elon Musk has ballyhooed X plans for a new payments tool, with the social media company’s CEO Linda...

Paper Check Usage Is in Freefall

The federal government’s efforts to phase out checks comes at a time when check usage is already in sharp decline....

Wise to reform AML oversight

Dive Brief: The U.S. arm of the British money transfer firm Wise has agreed to pay $4.2 million and invest...

The Rich Benefits of In-House Payment Systems

Bringing payment processes in-house can be expensive, but the rewards can be great enough to make that investment worthwhile. Merchants...

Embedded payments drive into parking

Embedded payments are often associated with convenience stores and ride hailing companies like Uber and Lyft, but these services are...

FTC’s “Click-to-Cancel” Subscription Rule Won’t Go into Effect

A federal appeals court has blocked a “click-to-cancel” subscription rule issued by the Federal Trade Commission during the final months...

Citizens spies opportunity after Chase move

Citizens Bank relaunched its credit card the same month JPMorgan Chase said it was refreshing and raising the annual fee...

Fulfilling the Promise: Making Real-Time Payments a Reality

Venmo entered the mainstream sphere in 2015. At the time, there was genuine doubt that consumers would adopt a digital...

Next Up: Stores Exclusively for AI Agents?

Now that agentic AI is handling shopping on behalf of consumers, the next step may be an AI-only shopping platform....

Reality bites: Governor Kathy Hochul sends National Guard to NYC subways

As President Harry Truman observed, "It's a recession when your neighbor loses his job; it's a depression when you lose...