Banking: Page 37
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Checkout.com changes up leadership
The company promoted Céline Dufétel to president and elevated Nirupam Sinha to CFO as it pursues U.S. expansion and battles Stripe.
By Elizabeth Flood • Feb. 2, 2023 -
FIS sheds 2,600 employees: report
Amid a strategic review of operations, the payments processor and fintech giant has dismissed 2,600 workers, Bloomberg reported.
By Caitlin Mullen • Feb. 2, 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 -
Euronet’s Dandelion takes on cross-border rivals
The international network that grew out of Ria parent Euronet is extending its cross-border money movement pitch to banks and businesses.
By Lynne Marek • Feb. 2, 2023 -
CFPB attacks credit card late fees
The Consumer Financial Protection Bureau proposed a new rule that would effectively cap credit card late fees and potentially save Americans $9 billion.
By Lynne Marek • Feb. 1, 2023 -
PayPal to cut 7% of its workforce
The digital payments pioneer said it’s cutting 2,000 employees as the company seeks to adapt to a new, more competitive environment.
By Lynne Marek • Jan. 31, 2023 -
Jack Henry earnings grab spotlight
Customer appetite for Jack Henry's services is likely to attract analysts' attention in the upcoming earnings report.
By Caitlin Mullen • Jan. 31, 2023 -
Marqeta’s new CEO targets embedded finance
Simon Khalaf, who takes the top job Tuesday, is counting on new embedded offerings to help expand the company’s services for corporate clients.
By Lynne Marek • Jan. 31, 2023 -
Visa gets snarled in probes
The card giant disclosed Friday that the Justice Department demanded more documents in an ongoing antitrust investigation, and the European Commission has opened a separate “preliminary investigation.”
By Lynne Marek • Jan. 30, 2023 -
Visa’s incoming CEO taps new team
Ryan McInerney, who takes over as CEO of the card network giant this week, recently appointed a pack of new leaders.
By Lynne Marek • Jan. 30, 2023 -
Visa, Mastercard, Amex results buoyed by consumer spending
The card companies said that consumer demand, including for travel, remained healthy in the fourth quarter of 2022, though growth moderated.
By Lynne Marek • Jan. 27, 2023 -
FIS sees another director resign
A second director resigned this month from the mega payment processor’s board as it undertakes a comprehensive review of its operations.
By Lynne Marek • Jan. 26, 2023 -
Warren calls for more regulation of crypto
The Democratic senator called SEC Chair Gary Gensler “the right leader to get the job done,” but said regulators need to do more to bolster their scrutiny of the industry.
By Anna Hrushka • Jan. 26, 2023 -
Visa stands by crypto
At the card giant’s annual meeting Tuesday, CEO Al Kelly showed no signs of backing off crypto. He also suggested Visa’s management team may change after he exits as CEO.
By Lynne Marek • Jan. 26, 2023 -
DailyPay lands $260M in debt financing
The early wage access provider has been raising capital to fund expansion in the U.S. and internationally.
By Lynne Marek • Jan. 26, 2023 -
Retailer targets Mexican Americans for digital wallet
The largest department store in Mexico is carving out a niche in offering digital and physical debit cards, as well as remittance services, to people sending payments over the border.
By Gabrielle Saulsbery • Jan. 25, 2023 -
Opinion
Why the Arizona AG opinion on EWA matters
“The Arizona decision is in line with decades of decisions across the country that have found that non-recourse products are not loans,” the Payactiv authors write in this opinion piece.
By Aaron Marienthal and Molly Jones • Jan. 24, 2023 -
Bluefin, Visa pursue network tokenization
Bluefin is entering a partnership with card network giant Visa as worldwide payment fraud is predicted to rise in the coming years.
By Tatiana Walk-Morris • Jan. 24, 2023 -
Stripe, Amazon ‘deepening’ their tie
Stripe has become “a strategic payments partner” in the U.S., Europe, and Canada for mega retailer Amazon under a renewed agreement.
By Lynne Marek • Jan. 24, 2023 -
Gemini cut another 10% of staff: report
The crypto exchange has been affected by Genesis' bankruptcy and the FTX contagion.
By Gabrielle Saulsbery • Jan. 24, 2023 -
Paymentus to accept payments via Green Dot Network
Paymentus is tapping Green Dot’s network to extend the number of locations where it accepts cash bill payments from consumers.
By Tatiana Walk-Morris • Jan. 23, 2023 -
International coalition pursues cross-border payments improvements
In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.
By Lynne Marek • Jan. 23, 2023 -
Earnings preview: Payments companies face up to 4Q
How economic stress challenged payments companies in the final months of 2022 will be closely watched in upcoming earnings reports.
By Caitlin Mullen • Jan. 23, 2023 -
FIS director resigns after appointment last month
An FIS director resigned last week after being appointed to the board in December, and the payments processor appointed two new directors.
By Lynne Marek • Jan. 20, 2023 -
Splitit targets tech assets for acquisition
Splitit isn’t interested in being acquired, but the BNPL provider believes there may be assets ripe for the picking amid consolidation.
By Suman Bhattacharyya • Jan. 19, 2023 -
Payoneer tees up Webster Bank exec for CFO
Webster Bank alum Bea Ordonez will take the payments company’s finance reins in March after current CFO Michael Levine steps away from the role.
By Grace Noto • Jan. 19, 2023