Payments
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KeyBank wants to boost commercial team hires by 10% this year
The Cleveland-based regional aims to have 170 to 180 commercial bankers by the end of 2025.
By Caitlin Mullen • June 13, 2025 -
U.S. Bank’s Kedia outlines strategy to rev up growth
The Minneapolis-based lender, facing pressure to deliver stronger results, is working to deepen relationships with customers and transform its payments business, the CEO said Wednesday.
By Caitlin Mullen • June 12, 2025 -
Explore the Trendline➔
wildpixel via Getty ImagesTrendlineThe Banking Dive Outlook on 2022
Some narratives in 2022, such as office returns, will seem like a logical progression from the year before. Others, such as the regulatory sphere and shift toward smaller M&A, may mark a big shift from the previous 12 months.
By Banking Dive staff -
Gemini pursues IPO
A number of cryptocurrency firms have filed for initial public offerings in 2025. More may follow given “pent-up demand for crypto-oriented companies,” according to one crypto VC.
By Gabrielle Saulsbery • June 11, 2025 -
Fiserv CEO embraces stablecoins
The processor is developing an infrastructure that would let its merchant customers make use of the digital assets, Mike Lyons said.
By Patrick Cooley • June 10, 2025 -
Walmart returns to Synchrony for new cards
The shift comes more than a year after the retailer received permission from a federal judge to end its credit card partnership with Capital One because of customer service issues.
By Lynne Marek • June 9, 2025 -
Payments firms account for bulk of fintech revenue
Of the $378 billion in global fintech revenues in 2024, $126 billion came from payments firms, according to a new report. The sector is poised for more growth with AI innovation.
By Gabrielle Saulsbery • June 4, 2025 -
MoneyGram CEO targets digital remake
Anthony Soohoo is tackling a digital transformation of the legacy cross-border payments company, leaning on experience at Walmart and Apple.
By Lynne Marek • June 4, 2025 -
Why BNPL appeals to salons
The buy now, pay later option attracts more customers and leads to bigger spending, asserts a payments software executive.
By Patrick Cooley • June 4, 2025 -
Retrieved from Office of the Governor of the State of New York.
Fintech groups oppose state BNPL rules
Lobbying organizations argue that New York's rules treat buy now, pay later purchases too much like credit card transactions.
By Patrick Cooley • May 28, 2025 -
Global Payments to sell payroll unit for $1.1B
The payments processor agreed to sell the division to software company Acrisure as it focuses on selling merchant services.
By Lynne Marek • May 28, 2025 -
CFPB to yank ‘unlawful’ open banking rule
That move bends to bank groups that filed a lawsuit last year to block the Consumer Financial Protection Bureau rule aimed at making it easier for consumers to move their financial accounts.
By Justin Bachman • May 27, 2025 -
Circle co-founder to build new ‘AI-native’ bank
Catena Labs recently secured $18 million in a seed funding round, which it plans to use to build a bank designed to serve the emerging AI economy, said co-founder and CEO Sean Neville.
By Rajashree Chakravarty • May 21, 2025 -
Sponsored by Federal Reserve Financial Services
New survey: Innovative use cases drive businesses to instant payments
New research reveals that 66% of businesses are ready to embrace instant payments, signaling a major shift in digital finance.
May 19, 2025 -
Banks struggle to talk about fraud
Financial institutions battling an increase in fraud, particularly push-payment scams, have been stymied in sharing information that might help them better protect customers.
By Lynne Marek • May 16, 2025 -
Q&A
JPMorgan Chase taps payments tech head
The bank’s payments arm named Sri Shivananda to head up its technology operations this year. Now, he’s overseeing decisions on stablecoins, real-time transactions and other advances.
By Lynne Marek • May 15, 2025 -
Q&A
Marqeta chief focuses on revenue diversity, execution
Interim CEO Mike Milotich wants to boost the processor’s non-Block revenue and expand its embedded finance offerings via a new mobile app for customers.
By Justin Bachman • May 12, 2025 -
Celsius founder gets 12 years in prison
Alex Mashinsky misrepresented Celsius’ business and financial position to woo customers into “unbanking themselves,” and then manipulated Celsius’ native token to enrich himself, the DOJ said.
By Gabrielle Saulsbery • May 9, 2025 -
CFPB spurns BNPL rule
Enforcement actions against buy now, pay later players won’t be a priority, with the possible exception of those related to service members or veterans, the bureau said.
By Lynne Marek , Patrick Cooley • May 7, 2025 -
Ex-PNC president named Fiserv’s CEO
The company disclosed Michael Lyons' promotion minutes after the Senate confirmed outgoing CEO Frank Bisignano to lead the Social Security Administration.
By Patrick Cooley • May 6, 2025 -
Visa pursues stablecoins for cross-border payments
The biggest U.S. card network is setting up partnerships and innovating behind the scenes to develop stablecoins for cross-border uses.
By Lynne Marek • May 6, 2025 -
Zelle service unavailable for many users after Fiserv tech glitch
The P2P payments service experienced technical troubles Friday as Fiserv cited an "internal issue" in its disruption.
By Justin Bachman • May 5, 2025 -
Warren, Waters urge Fed to reconsider Capital One-Discover
The Democratic lawmakers blasted the central bank’s “analysis, or lack thereof,” arguing the Fed “repeatedly parroted assertions made by Capital One in its application.”
By Dan Ennis • May 5, 2025 -
Relaxed regulatory oversight spurs bank-crypto activity
Since January, federal bank regulators have done an about-face on crypto guidance, inspiring banks to explore the space.
By Gabrielle Saulsbery • April 30, 2025 -
Paze aims to pump up the volume with Fiserv
The digital wallet owned by seven banks has loaded 150 million customer cards onto the system. Now, it’s working with its processor ally to add more banks.
By Lynne Marek • April 29, 2025 -
Nexo reenters US market
Co-founder Antoni Trenchev credited the regulatory shift under Trump for the firm’s reemergence in the U.S. Nexo’s exit was preceded by failed regulatory talks and followed by a $45 million SEC fine.
By Gabrielle Saulsbery • April 28, 2025