Retail: Page 29
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Goldman in talks to transfer Apple card deal to Amex: reports
The move, if true, would mark a 180-degree turn after Goldman and the tech giant extended their partnership until 2029 in October.
By Gabrielle Saulsbery • July 5, 2023 -
NCR outlines ATM spin-off strategy
The separation of NCR’s ATM business and its digital commerce operations occurred in the fourth quarter of last year.
By Caitlin Mullen • June 30, 2023 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-border payments targeted for upgrades
When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.
By Payments Dive staff -
GetGo offering mobile-pay fuel discounts for July 4
GetGo’s mobile payments promotion adds to the handful of initiatives the company has undertaken in recent months, including installing bitcoin ATMs at some locations.
By Jessica Loder • June 30, 2023 -
DoorDash adds SNAP payments
DoorDash added the ability to use SNAP EBT online payments for on-demand delivery of eligible grocery items as part of numerous updates to its app.
By Catherine Douglas Moran , Julie Littman • June 29, 2023 -
Retrieved from Car IQ website.
Car IQ links with PDI to expand c-store payment network
The partnership will make vehicle-recognition payments for fleet owners available to more retailers across the country.
By Jeff Wells • June 29, 2023 -
Tops grocery starts accepting SNAP EBT payments online
The food waste-reduction service worked with payments processor Forage to allow SNAP shoppers to place pickup orders for items nearing their expiration dates at participating Tops stores.
By Sam Silverstein • June 29, 2023 -
California lawmakers consider bill requiring gun code use
The bill stands in contrast to legislation recently passed in Republican-led states that blocks use of the gun merchant category code.
By Caitlin Mullen • June 29, 2023 -
Visa to acquire Pismo for $1B
Visa said it has agreed to acquire the Brazilian company to provide more card issuing and banking services to fintechs and financial institutions.
By Lynne Marek • June 29, 2023 -
Square tests credit card for merchants
The card aimed at providing more financial services to merchants comes amid a slew of competition to serve that clientele.
By Caitlin Mullen • June 28, 2023 -
Deep Dive
Will BNPL pass the test?
The buy now, pay later trend faces a starkly different environment than the one in which it gained traction. Regulation looms, the economy has worsened and investors are demanding profits. It’s all a test of BNPL’s long-term footing.
By Caitlin Mullen • June 27, 2023 -
Starbucks reverts to cash amid tech glitch
The coffee retailer was only able to accept cash and Starbucks App payments on Monday during a company-wide technology snafu.
By James Pothen • June 27, 2023 -
Amex promotes deputy to CFO
When long-time American Express CFO Jeff Campbell exits in August, the company’s deputy CFO, Christophe Le Caillec, will take the top financial post.
By Caitlin Mullen • June 27, 2023 -
Credit card used to buy AR-15 rifle in New Mexico shooting
Police confirm the gunman’s father used a credit card to pay for part of a transaction that included the weapon purchase.
By Debbie Carlson • June 26, 2023 -
Fees, interest charges rise to $347B: report
Fees and interest incurred on financial services, including credit cards, rose 14% last year, the Financial Health Network reported.
By Tatiana Walk-Morris • June 23, 2023 -
Opinion
B2B must embrace digital payments
“B2B organizations have been slow to adapt to the changing demands and expectations of Gen Z,” writes a payments company vice president. “This is a huge mistake, and it can cost them dearly in the long run.”
By Justin Main • June 22, 2023 -
Amazon Go closures continue
The shuttering of a Seattle location is the ninth closure this year for Amazon’s automated-checkout convenience store concept.
By Jessica Loder • June 22, 2023 -
Shopify taps Adyen in bid for bigger clients
Canadian e-commerce company Shopify is upgrading its integration with Dutch fintech Adyen in an effort to serve larger merchants in North America, and on the international stage.
By Caitlin Mullen • June 21, 2023 -
Visa hires CFO replacement
Card giant Visa has selected Chris Suh as its new chief financial officer. Suh, formerly at gaming company Electronic Arts and tech titan Microsoft, will receive a $3 million signing bonus and $20 million in longer-term compensation.
By Lynne Marek • June 20, 2023 -
Congress members introduce bills to protect cash
The bills introduced last week aim to protect Americans’ right to use cash, and to address privacy concerns regarding a cashless economy.
By James Pothen • June 20, 2023 -
Shell updates payment technology
The technology from Gilbarco Veeder-Root will update payment touchpoints at 13,000 of the fuel company’s U.S. pump locations.
By Jessica Loder • June 20, 2023 -
Column
Will Nevada’s law prod the CFPB on EWA?
Nevada’s new law on earned wage access increases the importance of hearing more from the Consumer Financial Protection Bureau about its view of the growing on-demand pay trend.
By Lynne Marek • June 20, 2023 -
Pilot rolls out digital diesel payments at 800 locations
Relay Payments’ app-based system uses secure codes to make transactions, allowing drivers to avoid worries about fraud, said Spencer Barkoff, the company’s co-founder and president.
By Jessica Loder • June 16, 2023 -
Fraud losses to surpass $40B by 2027: report
One in five consumers worldwide have been victims of payment fraud in the past four years, according to an ACI report.
By Tatiana Walk-Morris • June 16, 2023 -
Michigan State shooter tapped cash, debit card
A gunman who killed three Michigan State University students in February used more than one payment method to buy guns. This coverage is part of a Payments Dive series.
By Debbie Carlson • June 15, 2023 -
Retrieved from Consumer Financial Protection Bureau.
CFPB to hover as open banking evolves
The agency is eager to encourage open banking in the U.S., with plans for a rule proposal and oversight of standard-setting in the evolving arena.
By Lynne Marek • June 14, 2023