B2B: Page 6
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ACI appoints new CEO
ACI has appointed its interim CEO and one-time board chairman, Thomas Warsop, as its next CEO, after pushing out its former CEO late last year.
By Lynne Marek • May 31, 2023 -
FIS CEO sizes up competition
CEO Stephanie Ferris pointed to Adyen as a major Worldpay competitor and talked about losing out on the retail side to Square and Clover.
By Lynne Marek • May 31, 2023 -
Trendline
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 -
Bill Holdings discloses ‘material weakness’
Despite that finding, the company noted an independent auditor’s evaluation of the company’s 2022 financial statements “remains unchanged.”
By Caitlin Mullen • May 19, 2023 -
Worldpay spin-off hands FIS mixed bag
The payments processing and technology company will keep a stake in the Worldpay unit, but take on higher-interest-rate debt.
By Lynne Marek • May 18, 2023 -
Global Payments execs hint at B2B acquisition
Global Payments isn’t looking for more acquisitions — except in the B2B space, its outgoing CEO said.
By Caitlin Mullen • May 17, 2023 -
Opinion
How to advance cross-border B2B payments
“Regional regulatory bodies must work together on common financial standards that support multilateral payment systems if we are to make progress,” writes one payments professional.
By Scott Frisby • May 15, 2023 -
Everee takes on EWA providers
The payroll provider is angling to disrupt the earned wage access companies that have been making it easier for employers to offer workers on-demand pay.
By Lynne Marek • May 11, 2023 -
Payoneer hunts for acquisitions
Payoneer is considering acquisitions that could extend product offerings or expand its footprint in emerging markets.
By Caitlin Mullen • May 9, 2023 -
PayPal growth driven by Braintree
PayPal's Braintree unit is bolstering the company's growth, but that expansion isn't as profitable as building its legacy business.
By Lynne Marek • May 9, 2023 -
Jack Henry preps clients for FedNow
The financial technology provider is encouraging clients to be prepared to receive payments through FedNow.
By Caitlin Mullen • May 3, 2023 -
FDIC proposes higher insurance coverage for payroll accounts
Under the agency’s targeted coverage scenario, accounts used for payment purposes — specifically, business payment accounts — would merit higher deposit insurance coverage.
By Anna Hrushka • May 2, 2023 -
CSI targets $1B in annual revenue
The company that provides community banks with payments, fintech and other services is gunning for growth with new private equity capital.
By Lynne Marek • May 2, 2023 -
Global Payments to replace CEO
CEO Jeff Sloan will step down June 1 and be replaced by the payment processor’s president and chief operating officer, Cameron Bready.
By Caitlin Mullen • May 1, 2023 -
Fed study highlights growth in card, ACH payments
Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.
By Caitlin Mullen • April 24, 2023 -
Fed to reduce cross-border payments program
The Federal Reserve plans to discontinue its cross-border ACH payments service to Europe and Canada later this year, Fed officials reiterated at a conference this week.
By Lynne Marek • April 20, 2023 -
Same-day ACH payments soar
The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.
By Tatiana Walk-Morris • April 20, 2023 -
FTV Capital hunts payments prizes
Venture capital firms face challenges in picking payments and fintech investments amid the wreckage and waiting for the right prices.
By Caitlin Mullen • April 12, 2023 -
Pavilion Payments plots growth
The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.
By Caitlin Mullen • April 11, 2023 -
Stripe’s growth slows
In an annual letter, the digital payments darling’s co-founders acknowledged a “significant deceleration” in payment volume for 2022 and a tougher environment for startups.
By Caitlin Mullen • April 6, 2023 -
Q&A
Index Ventures partner talks fintech fundraising
An investor at a VC firm that’s backed payments players Adyen, Plaid and Wise says it’s the right environment “to craft interesting deals.”
By Caitlin Mullen • March 31, 2023 -
FleetCor, Corcentric name new CFOs
The business-focused payments companies are the latest to name new CFOs as churn in the industry continues.
By Elizabeth Flood • March 30, 2023 -
Q&A
Bank failures could cause SMB credit crunch
The future small business lending landscape and opportunities for fintechs are shifting in the wake of Silicon Valley Bank’s collapse, according to one fintech CEO.
By Anna Hrushka • March 22, 2023 -
DoorDash adds cash payment option
The company’s white label delivery service can now accept cash payments, which drivers would collect as part of their pay.
By Julie Littman • March 21, 2023 -
Brex offers ChatGPT-style tools
The announcement comes as interest in ChatGPT is rapidly gaining momentum, even as some worry about potential privacy and security risks.
By Alexei Alexis • March 8, 2023 -
Paymentus picks ex-TiVo exec for CFO
The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.
By Maura Webber Sadovi • March 7, 2023