PAYMENTS NEWS
Credit card industry group warns Congress against new swipe-fee proposal
Oct 8, 2026
The Electronic Payments Coalition (EPC) is launching its “Fool Me Once” campaign, urging Congress not to repeat what it calls a failed government mandate on debit cards.
Fiserv’s stablecoin system starts
Oct 7, 2026
The processor’s system for hosting digital currencies is up and running, with North Dakota’s stablecoin the first digital asset to go live.
Payment Giants Launch Open USD Stablecoin to Kill Conversion Fees
Oct 7, 2026
Businesses can get started with the Open USD (OUSD) stablecoin through four integration paths, including Stripe, Coinbase, Mastercard, and Visa.
Will Europe unseat Visa, Mastercard?
Oct 7, 2026
The Hero project launched by European banks is making progress in challenging the card networks’ dominance.
Payments conferences for 2027
Oct 6, 2026
Real-time payments, stablecoins and AI use cases are expected to be among the hot topics at next year’s industry events.
Fed's Waller sees transformative potential in AI payments
Sep 30, 2026
The central bank is embracing the integration of artificial intelligence into payments systems and contemplating rules to address newfound uncertainties and vulnerabilities.
Senate passes Common Cents bill
Sep 29, 2026
The bipartisan bill, which also formally ends U.S. Mint production of the penny, represents a victory for merchants that had sought federal guidance on how to more efficiently handle cash transactions as pennies gradually fade from circulation. The measure doesn’t apply to electronic transactions.
Merchants call card-fee pact unconstitutional
Sep 22, 2026
In objecting to the proposed settlement with the two largest card networks, large merchants argue that forcing their inclusion in the settlement class violates their due process rights under the Fifth and Fourteenth Amendments.
Crypto market structure bill fails in Senate vote, 49-50
Sep 17, 2026
The Senate did not advance the CLARITY Act. The procedural event has likely stalled the bill until the next Congress.
Visa, Mastercard settle Grubhub case
Sep 17, 2026
Visa and Mastercard have settled the last merchant lawsuits in an antitrust case over credit card swipe fees. A trial in the case was set to begin on Monday.
House passes Common Cents bill
Sep 17, 2026
The bill eliminates U.S. production of the penny and gives merchants leeway to round to the nearest nickel on transactions when they don’t have exact change.
Mastercard Sued by 300 Hotel Companies in UK Over Swipe Fees
Sep 10, 2026
The hotel companies are challenging Mastercard over multilateral interchange fees associated with payments made using its cards.
Trump pledges card fee cuts, again
Sep 10, 2026
The president reiterated his support for policies to cut fees associated with credit cards, noting the charges are a burden for consumers.
Illinois seeks to support cash use
Aug 31, 2026
A new state law will require retailers to accept cash for most transactions below $500, and fine repeat violators up to $5,000.
Is the nickel nearing a revamp?
Aug 31, 2026
It costs 13 cents to produce the five-cent coin. Congress wants the U.S. to explore more cost-effective methods.
CFTC chair to issue crypto rules if Congress stalls on CLARITY
Aug 21, 2026
Commodity Futures Trading Commission Chair Michael Selig has directed staff to explore potential rulemaking to create a framework for crypto exchanges in the U.S.
Visa, DOJ lawyers clash ahead of trial
Aug 21, 2026
The government and card network are trading accusations of overly broad discovery requests and ‘gamesmanship’ in the DOJ’s debit card lawsuit.
Zombie Card Attack Can Revive Expired Visa Cards for Contactless Payments
Aug 21, 2026
The attack revives expired Visa contactless credit cards for real in-store purchases by rewriting the expiration date a POS terminal reads over NFC, without breaking any of the card’s cryptography.
Visa and Mastercard Join Rain’s Agentic Commerce Coalition
Aug 20, 2026
The Agentic Payments Coalition, formed by stablecoin payments company Rain, was announced this week, listing Visa, Mastercard, Fiserv, Circle, Solana, and Remitly among its founding members.
Visa debit case turns on market definition, lawyers say
Aug 11, 2026
The card network will argue that the DOJ’s view of the debit card market is too narrow.