Ramaswamy unveils crypto plan

The Republican is the first presidential candidate in his party to address crypto in his campaign platform.

By Gabrielle Saulsbery • Nov. 17, 2023

BNPL companies face grim outlook, Moody’s says

Fierce competition, persistent losses and regulatory constraints are likely to push some players out of the buy now, pay later market, Moody’s predicted.

By Lynne Marek • Nov. 13, 2023

Explore the Trendline➔

Fraud and AML in banking

The past year has been one of reckoning with regard to fraud — from TD’s $3 billion AML penalty to the continuing punitive phase connected to PPP misdeeds, crypto bankruptcies and pig butchering.

By Banking Dive staff

Celsius bankruptcy plan approved

At its peak, Celsius purported to hold $25 billion in assets, and its failure was one of crypto's biggest before the fall of FTX four months later. It expects to emerge from Chapter 11 in early 2024.

By Gabrielle Saulsbery • Nov. 10, 2023

CFPB proposes new oversight for payment tech firms

Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

By Lynne Marek , James Pothen • Nov. 7, 2023

It’s time to normalize cannabis payments

A significant hurdle obstructs the cannabis industry’s path to full legitimacy: the lack of access to debit and credit card payments. 

By Tony Repanich, President and CEO of Shield Compliance • Nov. 6, 2023

What execs are saying about bank-fintech partnerships

Bank-fintech partnerships, including banking-as-a-service models, have faced increased scrutiny this year. But executives are optimistic, some deeming these tie-ups “critical.”

By Gabrielle Saulsbery , Anna Hrushka • Nov. 3, 2023

Breaking down buy now, pay later

After its pandemic-era growth spurt, buy now, pay later has gone mainstream in consumer payments. But changing economic conditions are forcing the installment trend to evolve.

By Caitlin Mullen • Nov. 3, 2023

PayPal’s new CEO promises improvements

Alex Chriss, who took the top post in September, tapped a new chief financial officer Wednesday and pledged to better focus the digital payment company's strategy.

By Lynne Marek • Nov. 2, 2023

Straddling the CFO, COO divide: Brex

As C-suite responsibilities change, the gap between roles such as the CFO and chief operating officer is narrowing.  

By Grace Noto • Oct. 26, 2023

U.S. Bank claims spot in the BNPL space

The launch of the point-of-sale option Avvance comes as nearly one in five consumers surveyed by the New York Fed say they've used buy now, pay later loans within the past year.

By Gabrielle Saulsbery • Oct. 26, 2023

PayPal taps Fiserv as ‘core’ payments partner

Fiserv CEO Frank Bisignano said Tuesday that his company is now PayPal’s “core U.S. partner for payment services.”

By Caitlin Mullen • Oct. 25, 2023

Crypto legislation would put US ‘back in the game,’ stakeholders say

A pair of House bills would help the industry gain clarity, scale digital asset products and promote financial inclusion, cryptocurrency stakeholders said Sunday on a panel at Money20/20.

By Anna Hrushka • Oct. 23, 2023

Stax scoops up paytech firm

Payments technology provider Stax has purchased a processing services provider in its first acquisition since CEO Paulette Rowe took over in August.

By James Pothen • Oct. 17, 2023

i2c chases partnerships to power growth

The issuing-processing fintech is pursuing tie-ups with Deloitte, PwC and other big advisory firms to further its growth globally.

By Caitlin Mullen • Oct. 11, 2023

Fiserv among MOVEit cyberattack victims

The payment processor recently notified one of its customers, Flagstar Bank, that it was entangled in a May cyberattack that’s affected more than 2,000 organizations.

By Caitlin Mullen • Oct. 10, 2023

Orum uses FedNow to launch account verification tool

The service, built on top of the Fed’s instant payments network, allows customers to verify a bank account within 15 seconds before sending a payment, Orum said.

By James Pothen • Oct. 10, 2023

Banks would have to disclose crypto exposure in new Basel plan

The Basel Committee on Banking Supervision put some onus of this year's banking crisis on crypto in a report Thursday. It also announced a proposed framework for banks who touch crypto, to debut soon.

By Gabrielle Saulsbery • Oct. 5, 2023

Monzo names US CEO in renewed push to capture American market

Conor Walsh, who served six years as head of global product at Cash App, replaces Carol Nelson, who stepped down last year, shortly after the U.K. fintech withdrew its application for a U.S. bank charter.

By Anna Hrushka • Oct. 5, 2023

Senate bill would let SMBs use SBA loans to cover fintech fees

The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

By Anna Hrushka • Oct. 4, 2023

SEC can’t appeal judge’s Ripple decision

U.S. District Judge Analisa Torres rejected the regulator’s motion to appeal her July decision, but set a court date for other aspects of Ripple’s case.

By Gabrielle Saulsbery • Oct. 4, 2023

Shift4 acquires SpotOn unit for $100M

With the purchase of SpotOn’s sports and entertainment business unit, Shift4 scoops up its rival’s customers in that market.

By Caitlin Mullen • Oct. 3, 2023

Banking events for the 2023-24 conference season

It’s time to plan for the rest of this year and beyond. Banking Dive has you covered with a running list of industry conferences, expos and meetings.

By Dan Ennis • Sept. 29, 2023

Modern Treasury CEO targets bigger customers

The digital payment services company brought on a chief revenue officer last year to better serve larger companies, according to CEO Dimitri Dadiomov.

By James Pothen • Sept. 27, 2023

Keeping track of multiple BNPL loans? There’s an app for that.

Cushion CEO Paul Kesserwani felt overwhelmed when he tried to keep track of several BNPL loans at once, so he shifted his fintech’s focus to help others in the same boat.

By Gabrielle Saulsbery • Sept. 27, 2023

Square adds merchant tools

Block’s merchant business, facing stiffer competition in the point-of-sale space, has added about a dozen new features for its sellers.

By Caitlin Mullen • Sept. 27, 2023