Retail


  • Sen. Dick Durbin stands in front of National Restaurant Association logo screen with members of that association.
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    Permission granted by Durbin's senate office
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    Durbin rounds up CCCA support

    The Democrat from Illinois asked retail and restaurant industry representatives this week to help build support for the Credit Card Competition Act, but it has yet to be introduced this year.

    By April 4, 2025
  • swipe fees interchange fees
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    Joe Raedle via Getty Images
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    Debit cards top Fed’s fraud troubles list: survey

    Card and check fraud continue to plague financial institutions, a new survey from the Federal Reserve Financial Services shows.

    By Tatiana Walk-Morris • April 4, 2025
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    toeytoey2530 via Getty Images
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    Trendline

    E-commerce drives digital payment advances

    As e-commerce activity continues to climb, providers of digital payment tools are likely to keep evolving their online offerings.

    By Payments Dive staff
  • Apple CEO Tim Cook stands on stage in front of a dark background that has the Apple logo and the word 'card.'
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    Michael Short via Getty Images
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    Visa, Mastercard have edge over Amex for Apple: analyst

    As companies joust to become the tech giant’s card network, some analysts give Visa and Mastercard an advantage over American Express.

    By April 3, 2025
  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv promotes Takis Georgakopoulos to COO

    Georgakopoulos replaced Guy Chiarello as chief operating officer, with the latter moving to a different role at the payments processor.

    By April 2, 2025
  • Discover sign at driveway entrance to headquarters with flowers in front.
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    Lynne Marek/Payments Dive
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    Discover CEO may reap $2.4M bonus

    Michael Shepherd will remain as interim chief executive officer potentially through June, and receive a $2.4 million cash bonus if the sale to Capital One closes by then.

    By March 31, 2025
  • Shopify partners with Affirm.
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    Courtesy of Affirm
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    Affirm COO: Walmart deal was “uneconomic”

    Walmart makes up a relatively small portion of Affirm’s business that the buy now, pay later company can make up elsewhere, Chief Operating Officer Michael Linford said.

    By March 31, 2025
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    Spencer Platt via Getty Images
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    Swipe fee foes find legislative support in almost a dozen states

    The battle to curb interchange fees has migrated from Illinois across the nation, with bills in 11 states seeing robust lobbying.

    By Justin Bachman • March 28, 2025
  • A branch of Citibank in the Financial District of San Francisco, California is pictured on February 9, 2020.
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    hapabapa via Getty Images
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    CFPB nixes filing in case tied to Electronic Funds Transfer Act

    The bureau’s brief was withdrawn because it “advances an interpretation of the law that has never been embraced by any federal court prior.”

    By Gabrielle Saulsbery • March 27, 2025
  • Block Head Jack Dorsey testifies during a Senate Intelligence Committee hearing on Capitol Hill.
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    Drew Angerer via Getty Images
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    Block shrinks workforce 8%

    The job cuts appear aimed at making the company more efficient, according to TD Cowen analysts.

    By March 27, 2025
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    Permission granted by Gabrielle Saulsbery
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    Q&A

    Fintechs egg on ‘willingness to challenge norms,’ Bolt president says

    Justin Grooms expects fintechs to keep pushing the payments industry forward with more competition for legacy players.

    By March 25, 2025
  • A smartphone displaying the Affirm app
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    Courtesy of Affirm
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    Affirm, other BNPL players ratchet up credit bureau reporting

    At least three buy now, pay later firms have begun reporting consumer data on installment financing to TransUnion or Experian, and another gives customers the option of reporting that data.

    By March 24, 2025
  • A close up of a payment terminal next to a white self checkout bin with paper bags hanging.
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    SolStock via Getty Images
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    Retailers push payment modernization

    A KPMG survey found that a majority of retailers plan to keep updating their payment programs to keep up with consumer tech demands.

    By Xanayra Marin-Lopez • March 21, 2025
  • A sign that reads "Discover" marks the entrance to the card company's headquarters in Illinois.
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    Scott Olson / Staff via Getty Images
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    Discover cards now accepted at Airwallex merchants

    A partnership gives the card network a wider reach at a time when its proposed merger with Capital One still awaits regulatory approvals.

    By March 20, 2025
  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Fiserv acquires Dutch payment company CCV

    The processor will use CCV to expand the presence of its Clover point-of-sale system across Europe, the company said. The price paid was about $220 million, according to a regulatory disclosure.

    By March 19, 2025
  • A Walmart storefront showcases its refreshed brand identity, with a new typeface and the spark logo set apart as a standalone asset.
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    Permission granted by Walmart
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    Klarna seeks to flex advertising muscle

    Buy now, pay later provider Klarna has become an advertising juggernaut, and the new tie to Walmart will give it access to troves of additional customer data.

    By March 19, 2025
  • Brex, Payments, Embedded Payments, fintech
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    Brex strives for predictability after operational overhaul

    After the company laid off 20% of its employees last January and changed the way it puts out products, Brex COO Camilla Matias has high hopes for what’s coming.

    By Gabrielle Saulsbery • March 18, 2025
  • Walmart storefront sign.
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    Kaarin Vembar/Payments Dive
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    Klarna to displace Affirm as Walmart BNPL provider

    The Swedish buy now, pay later business partnered with a Walmart-backed fintech to offer loans at the retail giant via a digital payments app.

    By March 17, 2025
  • Cash App logo lit in neon
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    Anna Webber via Getty Images
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    Block takes on payday lenders with Cash App

    The company says new consumer loans to be made by its Square bank through the digital wallet are a less expensive alternative to predatory short-term financing.

    By March 17, 2025
  • Klarna IPO
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    Noam Galai via Getty Images
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    Klarna whittled workforce via AI ahead of IPO

    The Swedish buy now, pay later juggernaut cut its headcount in each of the past two years, and expects to keep shrinking it.

    By Justin Bachman , March 16, 2025
  • A photo of a person using their phone to pay for purchases at a self-checkout kiosk.
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    Permission granted by PDI Technologies
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    Digital payments to exceed $33.5 trillion by 2030: report

    Consumers are predicted to rely less on debit and credit cards and turn more to mobile wallets in the coming years, a Worldpay report predicts.

    By Tatiana Walk-Morris • March 14, 2025
  • Photo of a Hilton Honors American Express card surrounded by travel items such as a passport, map, purse, sunglasses and bag
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    Courtesy of American Express
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    Payments firm ‘for sale’ signs pop up as buying interest swells

    Payments players, including Green Dot and Flywire, have potentially put their businesses up for sale and larger companies have shown their appetite for acquisitions as an uncertain economy increases financial pressures.

    By March 13, 2025
  • PayPal logo in front of a glass building with shrubery in the foreground
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    Justin Sullivan via Getty Images
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    How PayPal is bolstering its branded business

    The payments pioneer is counting on merchant tech upgrades, its buy now, pay later offering and Venmo to re-energize its flagship business, a top executive said this week.

    By March 12, 2025
  • A customer pays using a Clover device
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    Permission granted by Fiserv
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    Fiserv CEO transition took only 10 days, CFO says

    CEO Frank Bisignano quickly deemed his successor, Mike Lyons, ready to lead the payment processor, but don’t expect any strategy shifts, Fiserv’s CFO said.

    By Justin Bachman • March 11, 2025
  • EU issues a preliminary finding that Apple violates the Digital Market Act
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    Scott Olson via Getty Images
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    Green Dot considers sale as CEO exits

    The embedded finance company, which posted a loss last year, hired Citigroup to explore its strategic options and named an interim CEO.

    By March 11, 2025
  • BNPL buy now pay later Sezzle
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    B4LLS via Getty Images
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    Sezzle pitches coupon feature to consumers and merchants

    The discounting function will allow merchants to increase their products' exposure, the company says.

    By Updated March 7, 2025