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
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    Courtesy of FIS
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    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
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    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
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    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 Feb. 2, 2023
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    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 Feb. 1, 2023
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    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 Jan. 31, 2023
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    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 CEO Simon Khalaf
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    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 Jan. 31, 2023
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    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 Jan. 30, 2023
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    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 Jan. 30, 2023
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    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 Jan. 27, 2023
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    Courtesy of FIS
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    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 Jan. 26, 2023
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    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
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    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 Jan. 26, 2023
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    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 Jan. 26, 2023
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    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
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    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
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    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
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    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 Jan. 24, 2023
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    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
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    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
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    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 Jan. 23, 2023
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    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
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    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 Jan. 20, 2023
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    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
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    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