Payments Dive

Payments Dive offers thorough reporting and analysis on the key news and trends that influence the payments landscape. Their newsletters and website explore various subjects, including retail, banking, and dining, among others. Payments Dive is a prominent publication managed by Industry Dive. Their team of business journalists inspires new ideas and influences the agendas of over 11 million decision-makers in competitive sectors.

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Marqeta chief focuses on revenue diversity, execution

2 days ago | paymentsdive.com | Justin Bachman

In late February, Marqeta replaced its former chief executive, naming Mike Milotich, the chief financial officer, to the additional role of interim CEO. It’s a title he might hold for a while as Milotich says Marqeta’s board is comfortable with the current executive team, allowing directors to conduct a thorough, deliberative search.
Cash App profits disappoint

2 days ago | paymentsdive.com | Patrick Cooley

Digital payments company Block acknowledged that its signature digital wallet, Cash App, didn’t bring in the profits it expected for the first quarter. “We saw a pronounced shift in customer behavior during the time period that we typically see the largest disbursement,” Block Chief Financial Officer Amrita Ahuja said in a May 1 earnings call. She cited the time period as late February into March.
Expensify predicts brand boom from Brad Pitt F1 film

5 days ago | paymentsdive.com | Justin Bachman

An article from Dive Brief The travel-and-expense manager is the top sponsor of Pitt’s fictional race team and says it expects a wave of new leads from Apple’s summer drama. Published May 9, 2025 Damson Idris attends the 2025 Met Gala Celebrating "Superfine: Tailoring Black Style" at the Metropolitan Museum of Art on May 5, 2025 in New York City.
Global Payments eyes cost cuts

5 days ago | paymentsdive.com | Lynne Marek

Global Payments plans to squeeze $600 million in cost savings from its recent $24.3 billion acquisition of processing peer Worldpay, partly by eliminating duplicative parts of the businesses. Specifically, Global Payments Chief Financial Officer Josh Whipple said that about a third of the savings will derive from streamlining the two companies’ technology infrastructure and cutting duplicative vendor and software expenses.
Mastercard faces cross-border headwinds

6 days ago | paymentsdive.com | Patrick Cooley

Dive Brief:Mastercard reported last week that cross-border payments volume growth slowed for the first quarter, with that business emerging as a potential pain point for the card network. Analysts who follow the company attributed the slowdown in growth to reduced travel in regions like the Middle East and Africa.
AvidXchange swallowed in $2B deal

6 days ago | paymentsdive.com | Lynne Marek

Dive Brief:AvidXchange, an accounts payable and payments software provider, has agreed to be taken private by global asset management firm TPG in a transaction that values the business at $2.2 billion, according to a Tuesday press release from the two companies. As part of the acquisition, another payments company Corpay, formerly known as FleetCor Technologies, will buy a 33% stake in the publicly-traded AvidXchange for $500 million, according to its separate release Tuesday.
Apple faces new payments lawsuit

1 week ago | paymentsdive.com | Justin Bachman

An article from Dive Brief A basketball training company is suing the tech titan, which it claims unfairly collected money from potentially more than 100,000 app developers. Published May 7, 2025 The Apple logo is displayed at an Apple store on April 14, 2025 in Chicago, Illinois.
Indiana passes EWA law

1 week ago | paymentsdive.com | Tatiana Walk-Morris

An article from Dive Brief The state follows others, including Nevada and Wisconsin, in instituting licensing requirements for earned wage access providers. Published May 7, 2025 By Tatiana Walk-Morris The image by Massimo Catarinella is licensed under CC BY-SA 2.0 Dive Brief:Republican Indiana Gov. Mike Braun signed early wage access legislation into law Tuesday, according to the Indiana General Assembly’s website.
CFPB spurns BNPL rule

1 week ago | paymentsdive.com | Lynne Marek |Patrick Cooley

An article from The Consumer Financial Protection Bureau won’t prioritize enforcement actions related to buy now, pay later payments, the agency said in a notice. Published May 7, 2025 The entrance to the Consumer Financial Protection Bureau headquarters in Washington, DC.
Fiserv names Michael Lyons CEO

1 week ago | paymentsdive.com | Patrick Cooley

An article from Dive Brief The company disclosed the promotion minutes after the U.S. Senate voted to confirm outgoing CEO Frank Bisignano as commissioner of the Social Security Administration. Published May 6, 2025 President Donald Trump selected Frank Bisignano in December to lead the Social Security Administration.