Recent Posts
News•Feb 27, 2026
PayPal, Rainforest Join Forces
PayPal announced a partnership with Atlanta‑based Rainforest to embed PayPal, Venmo and buy‑now‑pay‑later services directly into Rainforest’s software platform. The integration is designed to accelerate merchant payouts, cut late‑payment incidents and shift transaction volume away from cash and checks. Rainforest, fresh from a $61 million funding round, will extend its reach into new markets such as Canada. The deal arrives as PayPal welcomes new CEO Enrique Lores amid speculation that Stripe may consider acquiring parts of the fintech giant.
By Payments Dive
News•Feb 27, 2026
Marqeta Flags Cash App Hit
Marqeta warned that Block’s revised Cash App pricing will compress its 2026 earnings, projecting a modest $10 million net income – the first profit since 2024. Block now represents about 45% of Marqeta’s revenue after falling from 68% in 2023, and the...
By Payments Dive
News•Feb 26, 2026
Block Swaps 4,000 Workers for AI
Block, the fintech firm behind Cash App, Square and Afterpay, announced a 40% workforce reduction, cutting roughly 4,000 jobs and shrinking headcount from 10,000 to just over 6,000. CEO Jack Dorsey said the move is driven by rapid advances in...
By Payments Dive
News•Feb 26, 2026
Debit Card Fraud Losses Rise
A Kansas City Federal Reserve Bank analysis shows debit card fraud loss rates rose between 2021 and 2023, driven primarily by card‑not‑present transactions. While online fraud increased, in‑person fraud declined on dual‑message networks but grew on single‑message networks. The report...
By Payments Dive
News•Feb 26, 2026
Fiserv Appoints New Executives
Fiserv announced three senior hires this month: Lia Cao as chief revenue officer for enterprise and platforms, Robert Clarkson as chief revenue officer for small‑business and Clover POS, and Adit Gadgil as global head of business development. All three are...
By Payments Dive
News•Feb 25, 2026
Payoneer Applies for Bank Charter
Payoneer has filed an application with the Office of the Comptroller of the Currency for a U.S. national trust bank charter, to be branded as PAYO Digital Bank. The charter would let the firm issue, send and receive stablecoins, provide...
By Payments Dive
News•Feb 23, 2026
CPI Card Group CFO Exits
CPI Card Group announced that CFO Jeffrey Hochstadt will leave the role on Feb. 13, with senior vice president Terra Grantham stepping in as interim CFO. The transition occurs just weeks before the company’s Q4 and full‑year earnings release scheduled for...
By Payments Dive
News•Feb 19, 2026
Visa to Buy Prisma in Argentina
Visa announced it will reacquire Argentina’s Prisma Medios de Pago and Newpay from Advent International, bringing the payment processors back under its control. The acquisition, expected to close by the end of March, restores Visa’s card‑issuer processing, real‑time payments, ATM...
By Payments Dive
News•Feb 19, 2026
Remitly Co-Founder CEO Exits
Remitly announced that former Santander executive Sebastian J. Gunningham will replace co‑founder Matt Oppenheimer as chief executive effective Thursday. Oppenheimer, who led the company for nearly 15 years, will move to board chair and focus on strategic initiatives. The leadership...
By Payments Dive
News•Feb 19, 2026
Toast Courts Fast-Food Restaurants
Toast, the Boston‑based restaurant point‑of‑sale provider, announced it will launch a drive‑thru product aimed at quick‑service restaurants later this year. The move marks a strategic shift from its traditional focus on casual‑dining chains such as Applebee’s and Potbelly. In 2025...
By Payments Dive
News•Feb 18, 2026
Global Payments Builds Salesforce
Global Payments announced a 300‑agent salesforce expansion in 2026, following its recent acquisition of Worldpay. The company will invest $1 billion this year to accelerate growth of its Genius processing brand and AI capabilities. Adjusted net revenue rose 1% to $2.32 billion...
By Payments Dive
News•Feb 18, 2026
Stripe’s Bridge Wins OCC Conditional Approval
Stripe’s Bridge subsidiary received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter, filed in October and approved on Feb. 12. The charter would let Bridge issue stablecoins, custody digital assets, and manage...
By Payments Dive
News•Feb 17, 2026
Affirm Partnerships Target Growth
Affirm is rapidly expanding its buy‑now‑pay‑later (BNPL) footprint by striking partnerships with Intuit, Expedia, a tenant‑services firm, and payment processor Fiserv. The strategy targets new verticals such as travel, tax preparation, rent payments, and debit‑card users, aiming to broaden consumer...
By Payments Dive
News•Feb 17, 2026
4 Steps to Building Your Own Fintech
UK platforms Klipboard, Access Group, and Epos Now illustrate a four‑stage roadmap for building embedded finance. They begin by validating assumptions and launching embedded payments, then evolve payments into a core, cross‑functional capability. Next, they add complementary financial products such as...
By Payments Dive
News•Feb 12, 2026
Bill Weighs the Best Path to Profits
Bill Holdings, a San Jose‑based business‑payments software firm, is weighing a sale after activist investors demanded higher profitability. The company reported a $2.6 million loss for Q4 2025, a sharp reversal from a $33.5 million profit a year earlier, while revenue rose...
By Payments Dive
Deals•Feb 5, 2026
Spire Raises $10M to Expand Pay‑by‑bank Services
Payments platform Spire appointed former Fiserv executive Jennifer LaClair as its new CEO and announced a $10 million fundraising round to grow its pay‑by‑bank offering, which lets consumers make direct bank‑to‑merchant payments.
Payments Dive