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More than 20 states have enacted comprehensive consumer privacy laws, creating a patchwork of compliance burdens for payments firms operating nationally. Ruston Miles, founder of Bluefin, contends that compliance does not equal protection, and calls for a federal framework that incentivizes data devaluation through encryption and tokenization.
J.D. Power's 2026 U.S. Credit Card Satisfaction Study reveals rising financial strain among cardholders, with 60% financially unhealthy, higher monthly spending, and declining satisfaction. Fraud incidents increased to 13%, while proactive issuer outreach and consumer confidence in security dropped.
Sezzle CEO Charlie Youakim announced the company will pursue a national bank charter instead of an industrial loan company license, driven by new state-level BNPL regulations in New York, Illinois, Oregon and elsewhere. The move aims to avoid state-by-state political challenges and leverage federal preemption. Sezzle expects to file its OCC application by the end of September, with approvals from the OCC, Federal Reserve and FDIC anticipated within 12 to 18 months. Analysts view the shift as prudent, though questions remain about fee structures under future federal oversight. The company also launched Sezzle Send, a peer-to-peer transfer service, and plans a checking account product post-charter.
美联储金融服务部8月4日发布的《消费者支付选择日记》调查显示，尽管五分之四的消费者在过去30天内使用过现金，但现金作为首选支付方式的比例仅为16%，落后于借记卡和信用卡。调查还发现，随身携带现金的消费者比例从2024年的79%降至2025年的76%，为2018年以来最大年度降幅；而将现金用于应急储备的消费者比例从2016年的25%升至2025年的45%。
Fiserv on Tuesday filed a motion to dismiss a consolidated shareholder class action lawsuit, asserting that plaintiffs have not alleged any securities fraud. The litigation, which began in July 2025, involves claims related to a 73% share price drop and a $92 billion market value loss. Fiserv and four former executives argue the suit is exactly what the Private Securities Litigation Reform Act was designed to prevent.
With the Consumer Financial Protection Bureau reducing its footprint under the Trump Administration, states are increasingly setting the regulatory agenda for payments and fintech. Attorney Avy Mallik, a former federal and California regulator, explains what companies in earned wage access and buy now, pay later should expect from this shifting landscape.
Shift4 Payments navigates challenging Q2 results as Iran conflict reduces Middle East and Southeast Asian tourism to Europe, impacting its tax-free shopping business. Revenue rose 34% to $1.3 billion, but net income fell 41% to $24 million. The company lowered H2 2026 guidance and expects further headwinds, while launching new integrated payment device Shift4 One.
The U.S. Senate passed the Common Cents Act on Friday night, establishing a uniform federal standard for rounding cash transactions to the nearest 5 cents as the penny is phased out. The bill, amended by Sen. Elizabeth Warren to require Treasury notification of future currency discontinuations, now heads back to the House for a second vote. Retail and restaurant groups praised the measure for resolving state-level conflicts and providing clarity for cash transactions.
美联储提议修订FedNow服务，允许美国银行通过中介或非美国代理银行进行跨境转账。该提案获得Stripe、Visa、Wise等37家企业和个人的评论支持，行业普遍认为这将提升美国在国际支付领域的竞争力。
美国司法部诉Visa借记卡反垄断案中，市场界定成为核心焦点。律师认为，若Visa能扩大市场定义，将增加胜算；反之，则可能败诉。案件已进入证据开示关键阶段，双方将于10月16日完成取证。