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Reports have shown fraudsters have increasingly sought to use the Zelle network to persuade consumers to send them money.
Warning signs began appearing in April when online lenders saw they could no longer prioritize growth in their core business.
Interest comes as American Express revamps its corporate card portfolio.
It will be governed by the Libra Association, a group of companies that will have an equal say in how the cryptocurrency is managed.
Card charge-offs now make up more than 80% of total consumer credit costs, up from 67% three years ago.
Even as some U.S. cities seek to stop stores and restaurants from shunning physical currency, digital payments are building acceptance.
Visa warns consumer spending could be crimped in the first three months of the year.
FIs that fall behind in terms of driving business value from new technologies will become "fundamentally noncompetitive."
The credit card companies will pay between $5.54 billion and $6.24 billion.
Experts say nothing has really changed and Equifax's primary regulators are still investigating one year later.