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

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Payments players eye digital B2B opportunity

Companies offering digital payments services envision billions of dollars in U.S. business payments flow ripe for transitioning to the electronic realm.

By Payments Dive staff

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

JPMorgan Chase invests in B2B payments startup Slope

The big bank’s payments unit and Y Combinator were among investors providing $65 million in financing for the business-to-business upstart this month.

By Lynne Marek • July 19, 2024

Fiserv’s RNC visibility carries possible benefits, perils

Publicity for the Republican National Convention, at a venue bearing Fiserv’s name, may raise the company’s profile, but also risks associating the payments player with polarizing partisan rhetoric.

By Patrick Cooley • July 17, 2024

Bolt advances strategy under new CEO

Justin Grooms, who was promoted to the checkout software firm’s CEO post this year, is taking its strategy to the next level with merchant clients.

By Lynne Marek • July 15, 2024

BofA tackles digital payments pain points

The bank’s latest platform update is designed to better address transaction-related inquiries — one of the top reasons business customers call and email for help.

By Maura Webber Sadovi • July 15, 2024

Payroc preps for more acquisitions, envisions potential IPO

Fresh off its biggest acquisition ever, Payroc is pressing ahead with more acquisitions and preparations for a possible initial public offering.

By Lynne Marek • July 10, 2024

Payments industry to use AI to detect fraud, improve efficiency

Research from the investment bank Jefferies suggests generative artificial intelligence could be used in the payments industry to improve fraud detection and make transactions happen faster.

By Patrick Cooley • July 2, 2024

BNPL to shift toward larger-ticket expenses: CEO

The short-term financing option, which already costs more than cards for merchants, will eventually retreat from daily purchases, Priority Technology CEO Tom Priore predicted.

By James Pothen • June 25, 2024

Rivals Adyen, Stripe partner with Capital One to combat fraud

The three companies announced last Wednesday that they are teaming up to launch a free service intended to combat fraud and reduce the amount of transactions that are improperly declined.

By Patrick Cooley • June 10, 2024

Investments for payments startups trickle in

Venture capital flowing to startups in the payments sphere remains reduced this year, extending a rut from last year.

By Lynne Marek • May 30, 2024

DailyPay CEO exits for another top job

Kevin Coop left the earned wage access provider for a healthcare market research firm, with Stacy Greiner appointed CEO on an interim basis.

By Lynne Marek • May 29, 2024

Brex CFO mulls long-term IPO scenario

The prevailing attitude among companies seeking to go public is to achieve profitability beforehand, Ben Gammell said.

By Grace Noto • May 17, 2024

US leads global commercial card market: report

The U.S. accounted for 58% of global commercial card spend last year, but also for 78% of total value lost to card fraud, according to a report by Euromonitor International.

By James Pothen • May 8, 2024

Fiserv rises on international, government sales

The processing and payments technology giant is increasingly selling its services abroad, but also benefiting lately from sales to government entities at home.

By Lynne Marek • April 23, 2024

Accounts receivable automator Versapay taps new CFO

Ed Neumann is joining the AR platform provider as it looks to grow by targeting companies seeking to digitize their older manual systems.

By Maura Webber Sadovi • April 19, 2024

Digital wallets must take hold in B2B

“Digital wallets, once primarily associated with consumer transactions, have now firmly established their presence in the B2B realm,” writes an industry manager.

By Lakshmi Sushma Daggubati • April 12, 2024

Fiserv CEO compensation rose last year to $28M

Compensation for Fiserv CEO Frank Bisignano climbed 57% over 2022, as the value of stock awarded to him surged and he received a $3 million cash bonus.

By Lynne Marek • April 8, 2024

PayPal pursues pricing power

The digital payments pioneer aims to increase pricing for its services to boost profitable growth under a new management team.

By Lynne Marek • April 3, 2024

Nuvei goes private in stock sale to Advent

The sale of the Canadian payments processor’s stock to the private equity firm will hand some investors a $560 million windfall.

By Lynne Marek • April 2, 2024

Fiserv has ambitious goals for Clover. Can it meet them?

To achieve growth targets, Clover will need to fend off competition from rivals, especially Square, and make headway in new verticals and geographic regions, analysts and consultants said.

By Caitlin Mullen • April 1, 2024

JPMorgan seeks embedded payments niches

The biggest U.S. bank aims to offer embedded payments software solutions in more industries for its corporate clients.

By Lynne Marek • March 25, 2024

FreedomPay doubles down on gateway focus

The company, which provides point-of-sale payments and other technology services to merchants, isn’t interested in handling acquiring, said President Chris Kronenthal. 

By Caitlin Mullen • March 18, 2024