Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate...

The U.S. consumer watchdog said on Thursday it has demanded information from tech giants Amazon, Apple, Facebook, Google, PayPal and Square on how they gather and use consumer payment data, in a broad effort to protect consumers from privacy breaches, fraud and anticompetitive behavior.

Peter Thiel, the co-founder of PayPal and Palantir, has said he feels like he’s underinvested in bitcoin as the world’s most popular cryptocurrency climbed to an all time high of just over $66,000 per coin.

Revenue potential and competitive pressure beckon to card issuers, but Fitch Ratings warns of credit risks in this trendy product.

This week the New York Attorney General announced that it has demanded two crypto firms halt their lending programs. Additionally, the AG said it had commenced an investigation into three other firms. All of this was predicated on the statement that interest generated from crypto

The average surcharge for using out-of-network ATMs, however, fell to a 10-year low, according to a Bankrate survey.

The auto lender’s acquisition of Fair Square Financial would diversify its consumer product lineup. The pandemic derailed its last effort to buy a card company.

It sounds like something out of a sci-fi movie — metallic orbs that scan people’s eyes to pay them in digital currency.

"Crypto is certainly here to stay as an asset class," Robinhood CEO Vlad Tenev added in discussing the company's crypto wallet.

The Federal Reserve today launched new resources for the U.S. payments industry to facilitate education, preparation and ecosystem innovation in support of instant payments, a type of faster payment that provides payees with immediate access to funds, enabled by real-time final settlement between financial institutions.