Justin Bachman

2 weeks ago | hoteldive.com | Justin Bachman

This audio is auto-generated. Please let us know if you have feedback. Spending for air travel and lodging has slowed amid general economic uncertainty, Visa executives told analysts as they reported quarterly results. Weaker currencies and a shift in the Easter and Ramadan holidays into the April quarter also affected travel volume, Visa said.

2 weeks ago | finance.yahoo.com | Justin Bachman

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Justin Bachman Wed, Apr 30, 2025, 3:00 AM 4 min read In This Article: This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter.

3 weeks ago | bankingdive.com | Justin Bachman

Fintech startup Ramp has leveraged its political connections for at least four meetings with Trump administration appointees at the General Services Administration in seeking a contract for a project to revamp a $700 billion charge card federal employees use, according to a ProPublica report. The GSA did not respond Friday to a message from Payments Dive seeking comment.

4 weeks ago | paymentsdive.com | Justin Bachman

For many merchants, a lower-cost payment alternative to credit and debit cards has been their chief goal for years. Players across the payments industry are pushing to bring the bank account to the point of sale to give merchants an even less-expensive option. Spire announced a new “Pay with Spire” merchant-branded offering earlier this month with Discover Financial Services to bring pay-by-bank into the realm of routine daily spending, such as coffee, gasoline and rideshares.

1 month ago | bankingdive.com | Justin Bachman

The New York Attorney General is suing earned wage access providers DailyPay and MoneyLion, alleging they made “illegal, high-interest loans” to tens of thousands of workers with fees that “amount to outrageous annual interest rates in the triple digits.”The lawsuits allege the companies’ practices “constitute illegal and deceptive conduct and abusive lending practices” that violate New York usury laws.