PAYMENTS NEWS
New York's BNPL regs take shape amid a CFPB vacuum
Feb 24, 2026
New York State is working on tougher regulations for buy now/pay later lending as the CFPB retreats from regulating the credit option.
Senator spars with JPM’s Dimon
Feb 19, 2026
Sen. Elizabeth Warren says a bill she’s backing emulates a proposal by JPMorgan Chase CEO Jamie Dimon to let states determine their own card interest rate caps.
Fed Governor Miran quits White House job
Feb 4, 2026
Federal Reserve Governor Stephen Miran resigned on Tuesday from his position as chair of the White House's Council of Economic Advisers, fulfilling a pledge he made to the Senate as his assignment at the central bank becomes longer-lasting.
It’s CCCA Times Two As Congress Drops an Attachment Effort
Jan 30, 2026
Plans to attach an amended version of the Credit Card Competition Act to a cryptocurrency-infrastructure bill were shelved, effectively leaving two versions of the bill floating around Congress.
Supreme Court arguments on Trump effort to fire Lisa Cook
Jan 22, 2026
The Supreme Court signaled deep skepticism Wednesday that President Donald Trump had the authority to remove Lisa Cook from the Federal Reserve, with several conservative justices joining their liberal colleagues in posing pointed questions of the lawyer defending the president.
Shopify Merchants to Pay 4% Fee on ChatGPT Checkout Sales
Jan 22, 2026
When Shopify enables sales through artificial intelligence (AI) chatbots later this month, the merchants using its platform will pay OpenAI a 4% fee on sales made through the ChatGPT checkout, on top of the fees charged by Shopify, The Information reported Wednesday, citing a Shopify spokesperson.
SRC Gives Agentic Commerce a New Guest Checkout Playbook
Jan 21, 2026
EMV SRC 1.5 introduces passkeys and automation that reduce dependence on wallets while preserving network control and security.
Wyoming has big plans for stablecoin
Jan 21, 2026
The first state-issued stable token is being deployed to reduce card interchange costs and simplify payments to vendors.
Consumers push back on swipe fees: survey
Jan 20, 2026
Survey shows some customers are cancelling purchases when a credit card surcharge was included in their bill.
Bilt, Affirm aim to capitalize on proposed credit card rate cap
Jan 16, 2026
As President Trump calls for a 10% cap on credit card interest rates, new products that can draw consumers away from bank-issued cards are already on the way.
Senators scramble as crypto fissures threaten key bill
Jan 16, 2026
Senators are scrambling to find a way forward on key cryptocurrency legislation after the Senate Banking Committee postponed a highly anticipated markup following the loss of a major industry player’s support.
The CCCA Gets New Life Thanks to a Presidential Endorsement
Jan 14, 2026
The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day.
Are we sleepwalking into an agentic AI crisis?
Jan 13, 2026
Governance of autonomous AI agents may not be keeping up with the power of the technology.
Vought concedes on CFPB funding
Jan 13, 2026
The CFPB’s acting director requested $145 million from the Fed to carry out agency duties for the fiscal second quarter, but noted he disagreed with a judge’s decision ordering the agency to do so.
Google unveils new agentic commerce protocol for retailers
Jan 13, 2026
Google unveiled the Universal Commerce Protocol at the National Retail Federation's annual conference in New York on Sunday.
Bank lobby slams Trump's 'devastating' threat to credit card interest
Jan 12, 2026
President Donald Trump's plan to cap credit card interest rates at 10% was met by angry words from bank lobbyists and market declines for issuers.
How nonpayments became big business at Visa and Mastercard
Jan 9, 2026
Visa and Mastercard ended 2025 with a series of partnership deals with third parties to support mobile wallets around the world.
The Battle for the AI Orchestration Layer Heats Up
Jan 9, 2026
By 2025, the financial services sector stopped “testing” artificial intelligence and started living in it. The industry has moved past the novelty of generative chatbots to a more profound structural reality: the redesign of the global movement of money around autonomous decision-making.