December, 2024

• 1 December

  What the CFPB’s Rules Mean for Open Banking

  

  The CFPB’s personal financial data-rights rule provides a legal framework to dramatically expand open banking in the United States and spur a host of innovative products. But first, the rule must survive a legal challenge. Open banking has long been viewed as the next big innovation in payments in the …

November, 2024

• 1 November

  The 10 Most Pressing Issues in E-payments

  

  We know you’re not looking for problems. But they are looking for you. Herewith our annual catalog of the ones causing the most headaches. Each year in the fall, as the grass turns brown and the trees shed their leaves, the editors of Digital Transactions start their deliberations over an …

October, 2024

• 1 October

  No Pausing for PayPal’s Chriss

  

  Alex Chriss took over as CEO a year ago and wasted no time shaking things up. Now he’s on a tear to spark growth. There’s no doubt Alex Chriss, PayPal Holdings Inc.’s chief executive and president since September 2023, has taken fully to heart his charge to boost the online …

September, 2024

• 1 September

  The Prairie State’s National Challenge

  

  What happens in Illinois won’t stay in Illinois, whose new law exempting merchants from card interchange on sales tax and tips poses a whole host of technical and operational questions for processors nationwide. Bills that would exempt merchants from paying interchange on sales tax for credit card purchases have been …

July, 2024

• 1 July

  FedNow at Year One

  

  As the Federal Reserve’s real-time payments network celebrates its first birthday, the payments industry takes stock of its impact on instant transfers. Launched with great fanfare in July 2023, the widely and long-anticipated FedNow has largely enjoyed a successful first year. One area where the network has excelled is in …

June, 2024

• 1 June

  Is it Time for Pay-By-Bank at Retail?

  

  Consumers and merchants may be primed for it. New technology, consumer affinity for digital payments, and the allure of cheaper payment processing may be setting the stage for broader use of pay by bank in the United States. Paying by a bank account is not unfamiliar to most consumers. Already, …

May, 2024

• 1 May

  16th Annual Field Guide to Innovative Payments

  

  It’s May, and that means it’s time for our annual exercise to seek out and describe the payments players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Capital One Financial Corp.’s bombshell announcement in February that it is offering to acquire Discover …

April, 2024

• 1 April

  What’s in Cap One’s Wallet?

  

  Its blockbuster bid for Discover could position Capital One to compete not only with the largest credit and debit card issuers, but also with networks like Visa, Mastercard, and AmEx. Capital One Financial Corp.’s bombshell announcement in February that it is offering to acquire Discover Financial Services in all-stock deal …

March, 2024

• 1 March

  How Apple is Juicing Payments

  

  The iPhone maker is known for its impeccable technology. What is less obvious is its nuanced but multipronged assault on the payments business. Ask anyone on the street what Apple Inc. does, and such is the company’s fame that even the least technology-inclined will respond immediately with examples like the …

February, 2024

• 1 February

  20 Years of Payments Coverage

  

  Digital Transactions celebrates its 20th birthday with a review of the 10 major themes that continue to preoccupy the industry. When publishers start a magazine, whether in print or online—or both—there’s simply no way to tell how long it will last. There are too many unpredictable factors. But the publishers …