BNPL to drive $17B in online holiday spending: Adobe

Online mobile spending will surpass computers for the first time and shoppers will turn more to buy now, pay later services, according to the report.

By Tatiana Walk-Morris • Oct. 6, 2023

Block cuts employees

Jack Dorsey-led Block is the latest payments company to make staff cuts and pull back on hiring as it pursues profitable growth.

By Caitlin Mullen • Oct. 6, 2023

Explore the 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

Amex pilots biometrics in online checkout

The card issuer is testing fingerprint and facial recognition with a fraction of its U.S. consumer cardholders before rolling out the capabilities more broadly early next year.

By Tatiana Walk-Morris • Oct. 5, 2023

PIRG calls out Mastercard’s data sales practices

The consumer advocacy group has taken aim at the card network for selling cardholder information. Mastercard has disputed the allegations.

By Caitlin Mullen • Oct. 5, 2023

Senate bill would let small businesses use SBA loans to cover fintech fees

The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

By Anna Hrushka • Oct. 5, 2023

Credit card debt tops $1 trillion, before the holidays even arrive

Retailers may feel the pinch, especially those whose own store cards are facing rising delinquencies and a potential cap on late fees.

By Daphne Howland • Oct. 3, 2023

Shift4 acquires SpotOn unit for $100M

With the purchase of SpotOn’s sports and entertainment business unit, Shift4 scoops up its rival’s customers in that market.

By Caitlin Mullen • Oct. 3, 2023

Payments bill defies congressional rancor

A bill important to the payments industry has attracted bipartisan support despite the political divide on Capitol Hill.

By Lynne Marek • Oct. 3, 2023

One-fifth of consumers consider BNPL to stretch holiday budgets: survey

Millennials are the most willing age group to consider BNPL to manage holiday spending amid rising prices, according to a Square and Afterpay report.

By Tatiana Walk-Morris • Oct. 3, 2023

Payment security at the pump tops consumer demands: survey

A fast payment process is another top feature customers value when buying items from convenience stores, Dover Fueling Solutions noted in its latest report.

By Jessica Loder • Oct. 3, 2023

States split over gun merchant category code

California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.

By Caitlin Mullen • Oct. 2, 2023

Discover, FDIC reach consent agreement

The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.

By Caitlin Mullen • Oct. 2, 2023

Supreme Court to consider debit fee case

The U.S. Supreme Court agreed to hear the petition of a North Dakota merchant group that sued over the Federal Reserve Board’s calculation of a debit fee cap.

By Lynne Marek • Sept. 29, 2023

How Blackhawk Network quit PVC cards

“There's a huge, huge upside” for the environment every time a gift card is made from paper instead of PVC plastic, Blackhawk Network Senior Vice President Cara Renfroe said in an interview.

By James Pothen • Sept. 29, 2023

Global Payments tops Worldpay debt rating

Global Payments landed a better mark from debt rating agency Fitch than did Worldpay in recent reports. That may matter as they pursue acquisitions.

By Lynne Marek • Sept. 29, 2023

Keeping track of multiple BNPL loans? There’s an app for that.

Cushion CEO Paul Kesserwani felt overwhelmed when he tried to keep track of several BNPL loans at once, so he shifted his fintech’s focus to help others in the same boat.

By Gabrielle Saulsbery • Sept. 28, 2023

Jack Dorsey faces full Square agenda

The billionaire co-founder is likely to focus on large clients, sales strategy and IT issues after he takes over the Block merchant unit next week, analysts predicted.

By Caitlin Mullen • Sept. 28, 2023

TikTok moves to add ‘in-app’ wallet

The social media app has taken another step toward providing in-app commerce and payments, but may face regulatory resistance.

By Andrew Hutchinson • Sept. 27, 2023

Social apps face challenges in implementing shopping tools

Facilitating digital payments would be a big win for social apps, but regulators are less enthused.

By Andrew Hutchinson • Sept. 27, 2023

FTC lawsuit knocks Amazon on payments play

The FTC alleged in a lawsuit filed Tuesday against the online retail juggernaut that it maintained a monopoly partly through its checkout process.

By Lynne Marek • Sept. 27, 2023

Square adds merchant tools

Block’s merchant business, facing stiffer competition in the point-of-sale space, has added about a dozen new features for its sellers.

By Caitlin Mullen • Sept. 27, 2023

Wawa’s $10.7M data breach lawsuit against Mastercard thrown out

The convenience retailer accused the card network company of breach of contract and unfair practices stemming from its 2019 malware attack.

By Brett Dworski • Sept. 26, 2023

BNPL users ‘financially fragile,’ NY Fed says

Consumers using BNPL have lower credit scores, have been delinquent on a loan or have been rejected for a credit application over the past year, New York Fed researchers said.

By Caitlin Mullen • Sept. 26, 2023

Mastercard fires back at Durbin in letter

The CCCA would “remove consumer choice, erode security, eliminate rewards, and dramatically prevent small businesses from investing in their future,” Mastercard said in a letter.

By James Pothen • Sept. 25, 2023

Hassle-free holidays — how Quick Checkout transforms first-time customers into fans

Quick Checkout helps merchants streamline the checkout process.

Sept. 25, 2023