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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...

APR caps would shrink access to credit

David Becker is chairman and chief executive officer at First Internet Bank in Fishers, Indiana. For people strapped with credit...

Visa Connects Network to Onafriq’s Mobile Money Infrastructure

Onafriq was built to connect mobile wallets across Africa, and now its customers in the Democratic Republic of Congo (DRC)...

Bill CEO defends performance | Payments Dive

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Bill Holdings’...

UK Mulls Transaction Caps on Contactless Card Payments

After years of gradually increasing the limits on contactless card payments, the UK is now considering removing transaction caps entirely....