Debt

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...

Fiserv acquires tech consulting firm

Dive Brief: Payment processing giant Fiserv said Thursday it has acquired a financial technology consulting firm, Smith Consulting Group, in...

How Many People Know They Can Use a Digital ID?

Digital IDs are quietly reshaping how we pay, prove, and protect—but most people don’t even know they exist. As governments...

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...