How to speed up FedNow adoption
Payments Dive
by Ani Narayan
7h ago
“Interfaces need to be standardized to ensure a consistent and reliable payment experience for businesses and consumers,” writes one payments software executive ..read more
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Revolut faces more fraud claims than other UK banks: report
Payments Dive
by Gabrielle Saulsbery
18h ago
The fintech investigates each fraud claim independently of other cases, and takes such claims “incredibly seriously,” a spokesperson for the company said ..read more
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Zelle, big banks challenge senators on scam reimbursements
Payments Dive
by Patrick Cooley
18h ago
Forcing banks to reimburse authorized payments could encourage bad behavior and would not deter scammers, bank executives said in a Senate hearing ..read more
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Clair CEO backs CFPB rule proposal on EWA
Payments Dive
by Lynne Marek
18h ago
Nico Simko supports the Consumer Financial Protection Bureau’s recent rule proposal, and it may be a competitive advantage for him ..read more
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How open finance powers a more inclusive and collaborative payments industry
Payments Dive
by Barry Rodrigues, EVP Payments Business Unit at Finastra
18h ago
Open finance is transforming payments – here’s what financial institutions need to know ..read more
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Fiserv to leverage artificial intelligence to help merchants
Payments Dive
by Patrick Cooley
2d ago
The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit ..read more
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FTC demands pricing input from Mastercard, others
Payments Dive
by Lynne Marek
3d ago
The Federal Trade Commission demanded information from eight companies, including the card network, to better understand how consumer data is being used in the pricing of products and services ..read more
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Amex benefits from young cardholders’ spending
Payments Dive
by Patrick Cooley
3d ago
Gen Z and millennials are driving spending, sometimes as premium customers, to the benefit of the credit card company ..read more
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Fed fines Green Dot $44M over prepaid cards
Payments Dive
by Gabrielle Saulsbery
3d ago
The consent order has been expected since February, when Green Dot revealed that reasonable associated losses could total $50 million ..read more
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Visa, Mastercard say CrowdStrike didn’t impact networks
Payments Dive
by Lynne Marek
4d ago
Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu ..read more
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