Payments

The proposed $35 billion merger between Capital One and Discover cleared a major regulatory hurdle as the Justice Department told financial regulators in a confidential memo that it didn't have sufficient evidence to block the transaction.

The bank technology is launching its signature payment platform in a country where rivals like Square and PayPal are also actively chasing business payments.

Payments innovation under a second Trump Administration could be up to past and present payment technology executives, per new American Banker data.

Visa and American Express are both reportedly trying to lure Apple's lucrative credit businesses away from Mastercard. But the battle over processing rights is just as much about accessing the technology company's digital wallet as it is about boosting transactions.

Even though it's coming during a volatile period for the markets and economy, the cryptocurrency company's planned listing puts pressure on rivals and regulators.

The industry was already spending billions to automate before 2020. What it needed was a cultural shift to try new things.

The buy now/pay later company made a deal with Stride Bank to add banking-as-a-service heft as Affirm Card usage soars and Evolve grapples with defections.

While debit cards are less profitable, payment experts say they're still an important way to build relationships with consumers.

The administration's 25% import tax on cars and parts can squeeze dealerships' parts and service revenue, one of their largest profit centers. Buy now/pay later lenders could see a windfall.