PAYMENTS NEWS
Why JPMorgan Payments has been 'pretty quiet' on agentic commerce
May 20, 2026
Payments has been in wait-and-see mode on agentic commerce, largely because the bank says there are a number of issues that the technology industry needs to address.
Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle
May 14, 2026
The cryptocurrency industry notched a key win after a Senate panel on Thursday approved the Clarity Act, the first wide-ranging piece of legislation pertaining to the new industry.
Eighth Circuit presses Federal Reserve on 21-cent debit card fee cap
May 14, 2026
A convenience store claims the Federal Reserve allows banks to collect fees based on broad infrastructure costs explicitly barred by Congress.
A banker's guide to the Senate's crypto bill markup
May 14, 2026
Lawmakers will consider amendments that would make the changes that the banking industry prefers, but getting enough votes to approve them would require Republican buy-in, which is far from assured. If the legislation passes in a party-line vote, the banking industry will have more opportunities to make changes when the bill comes before the full Senate and when it comes under consideration in the House.
CFPB Workers Returning to Office Following White House Closure
May 13, 2026
Staffers at the Consumer Financial Protection Bureau (CFPB) are reportedly heading back to the office.
Two Democrats cross aisle to advance Warsh’s Fed chair nomination
May 13, 2026
Two Democratic Senators on Monday joined Republicans in voting to advance the nomination of Kevin Warsh to the Federal Reserve Board of Governors, backing President Trump’s nominee for chair of the Fed.
Colorado Advances a Measure to Eliminate Interchange Fees on Sales Tax
May 7, 2026
A Colorado bill that would eliminate sales tax as part of the interchange fee calculation has moved to Gov. Jared Polis’s desk for review following passage Wednesday in the Colorado House.
Europe Makes Real-Time Payments a Mandate
May 7, 2026
Europe’s push toward real-time payments has entered a new phase, defined not just by technology and consumer preferences but by sovereignty, regulatory force and competitive urgency.
Identity Is the New Perimeter
May 5, 2026
As e-commerce accounts for more and more payment transactions, the need to ensure a transactor’s identity is more and more crucial.
Google and Mastercard Contribute Agentic Commerce Standards to FIDO Alliance
Apr 30, 2026
The FIDO Alliance plans to develop standards for artificial intelligence (AI) agentic interactions and commerce that will define trusted mechanisms for how agents authenticate, act and transact on behalf of users.
Inside the Race to Bring Stablecoins to the Checkout Counter
Apr 30, 2026
The winners in crypto payments may not be the most innovative, but the least disruptive.
DOJ ends Powell probe, lifts hurdle for Trump’s Fed chair nominee Warsh
Apr 27, 2026
The Department of Justice on Friday dropped its criminal investigation of Federal Reserve Chair Jerome Powell, removing a major hurdle to the Senate confirming President Donald Trump's nomination of Kevin Warsh to replace him.
Sen. Thom Tillis drops blockade of Trump's Fed chair nominee, clearing path for Warsh's confirmation
Apr 27, 2026
Tillis' announcement comes after the Department of Justice dropped an investigation into current Fed Chair Jerome Powell.
Visa, Mastercard face new suit over card fees
Apr 23, 2026
Three New York merchants want a federal judge to remove legal immunity for Visa and Mastercard from a 2019 damages settlement over card interchange fees that covers millions of merchants.
FedNow tries to take its domestic success global
Apr 21, 2026
FedNow is considering a change to its rules that would allow member banks to access real-time payments for cross-border transactions. The Fed will accept public comment until early June, and its decision will not require congressional approval.
Why Swift is pushing new standards for cross-border payments
Apr 21, 2026
Swift is pushing a new framework that will standardize the customer experience for retail cross-border transactions. More than 25 banks have committed to using the framework by June.
How the clearing House is pushing international real-time payments
Apr 21, 2026
The Clearing House’s RTP network is planning to support cross-border payments in the coming months.
‘Credit card chaos’? Financial institutions bet big on repeal of first-of-its-kind Illinois law
Apr 16, 2026
Financial institutions are adamant that the global payment system as it exists today can’t discern the difference between tax, tips, and total, and would need to be retooled at a heavy cost.
Visa, Mastercard settle merchant claims
Apr 16, 2026
Visa and Mastercard have settled the final interchange fee claims from a group of about five dozen merchants in recent weeks in an antitrust case that had been set for trial this month.
Trump administration ends lease for consumer protection bureau's headquarters, records show
Apr 16, 2026
The U.S. Treasury’s bank regulation agency has terminated the lease for the CFPB’s Washington headquarters after 14 years, agreeing to pass the premises to the federal government’s real estate management agency.