Finix eyes competition with rivals like Stripe

The payment processor said Thursday that it raised $75 million and is seeking to grab a bigger slice of a payments market dominated by larger rivals.

By Patrick Cooley • Oct. 25, 2024

Pipe pursues international expansion

The digital cash advance provider to small businesses deepened its ties to the British firm GoCardless this week as part of its quest to expand outside the U.S. market.

By Lynne Marek • Oct. 23, 2024

Stripe to buy stablecoin company Bridge for reported $1.1 billion

The CEOs for Stripe and Bridge confirmed the news on the social media platform X on Monday, but offered few details on the deal.

By Patrick Cooley • Oct. 21, 2024

Fiserv may grab competitive edge with new bank charter

The payments processor can undercut rivals on price because it won’t be paying bank fees, say industry consultants.

By Patrick Cooley • Oct. 21, 2024

Walmart pitches Fiserv’s Clover to business clients

The retailer is offering the mega-processor’s Clover equipment and account services to its business clients at a discount through next January.

By Lynne Marek • Oct. 17, 2024

Worldpay taps Aeropay for gaming payments assist

The two payments companies have teamed up to provide account-to-account payments for gaming merchants and their customers.

By Lynne Marek • Oct. 14, 2024

Stripe partners with Nvidia, Pepsi and Rivian

The payments software provider announced a slew of new partnerships on Wednesday, also with Amazon and AMC Networks.

By Patrick Cooley • Oct. 11, 2024

Healthcare’s paper check disease

“The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.

By Seton Marshall • Oct. 8, 2024

Fiserv teams with Canadian company on open banking

Fiserv has allowed Zūm Rails to use its embedded finance system to bring open banking and instant payments to Fiserv’s U.S. business customers.

By Patrick Cooley • Oct. 7, 2024

Real-time payments to make uneven progress, report predicts

The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.

By Lynne Marek • Oct. 7, 2024

Mastercard to buy Minna Technologies

The card network will acquire the Swedish business in a bid to provide consumers with a centralized hub for managing their subscriptions.

By Tatiana Walk-Morris • Oct. 2, 2024

Fiserv, Wells Fargo to end joint venture

The venture between the payments processor and the bank will expire in April, prompting a cash payment from one to the other.

By Patrick Cooley • Sept. 27, 2024

DailyPay to offer service outside US

Earned wage access provider DailyPay plans to begin offering its services outside the U.S. for the first time later this year.

By Lynne Marek • Sept. 23, 2024

Brex rolls out embedded payments tool

The fintech aims to capture a larger share of the B2B payments market, working with partners in addition to selling directly, Brex's president said.

By Rajashree Chakravarty • Sept. 19, 2024

North American cashless payments to climb 7% by 2028: report

Real-time payments and open banking will drive the increase, forcing the shift even faster globally, a Capgemini report released this week said.

By Tatiana Walk-Morris • Sept. 12, 2024

U.S. Bank works to simplify SMB banking, payments

A recent survey by the bank is leading it to bring its payments and banking tools together to work for small and mid-size business clients in a more simplified way.

By Caitlin Mullen • Sept. 3, 2024

Aeropay targets pay-by-bank evolution in US

The Chicago fintech has moved from servicing small merchants to handling cannabis payments, and now it’s catering to gaming clients.

By Lynne Marek • Aug. 26, 2024

Surcharging doesn’t have to be a bad word

“The time has come to rethink surcharging not as a necessary evil but as a strategic advantage that can benefit both businesses and customers,” writes a Billtrust executive.

By Nick Izquierdo • Aug. 23, 2024

Employers react to CFPB’s new stance on EWA

Employers are responding quickly to the Consumer Financial Protection Bureau’s rule noting earned wage access services may constitute lending, says a Chime executive.

By Lynne Marek • Aug. 12, 2024

North American Bancard rebrands in bid to improve

The card payments service provider for merchants said it will now be known as North as part of an effort to evolve and appeal to businesses of all sizes.

By Lynne Marek • Aug. 12, 2024

Flywire acquires Invoiced for $55M

By way of the latest deal, the software company seeks to further expand its international payments services for its business-to-business clientele.

By Tatiana Walk-Morris • Aug. 9, 2024

Payoneer targets growth with more acquisitions

CEO John Caplan is eyeing accounts payable acquisitions after refocusing the cross-border payments company on the business-to-business market.

By Lynne Marek • Aug. 8, 2024

Global Payments executive promoted to president, COO

Bob Cortopassi, who was tapped for the C-suite post Tuesday, has nearly 30 years of experience in the industry.

By Patrick Cooley • Aug. 6, 2024

PayPal CEO leans on big-name clients for growth

Alex Chriss, appointed to lead the digital payments business last year, noted the company is benefiting from ties to companies like Facebook parent Meta.

By Lynne Marek • July 30, 2024

Fiserv to leverage artificial intelligence to help merchants

The payments behemoth says its data team will use AI to mine transactions on its products to help merchants and financial institutions profit.

By Patrick Cooley • July 24, 2024