Retail: Page 29


  • A stock ticker scrolls behind a Goldman Sachs banner at the stock exchange
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    Chris Hondros via Getty Images
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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
  • Person uses ATM
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    Drazen Zigic via Getty Images
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    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
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
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    Trendline

    Cross-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
  • A photo of the exterior of a GetGo Cafe + Market location.
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    Permission granted by GetGo Café + Market
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    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
  • Screenshots of the DoorDash app against a green background.
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    Courtesy of DoorDash
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    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
  • car iq
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    Retrieved from Car IQ website.
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    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
  • Guns are shown in a gun store as a person passes by
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    Spencer Platt / Staff via Getty Images
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    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
  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images
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    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 June 29, 2023
  • A person uses Square point of sale hardware
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    Courtesy of Square
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    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
  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
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    Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
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    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
  • The Starbucks company logo on a glass door.
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    Justin Sullivan/Getty Images via Getty Images
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    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 June 27, 2023
  • American Express logo on window
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    Scott Olson via Getty Images
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    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
  • People are seated in the foreground and others stand against a back wall in a room crowded with people, some in uniforms, staring ahead.
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    Roberto E. Rosales via Getty Images
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    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
  • Stack of credit cards spread out
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    alexialex via Getty Images
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    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
  • Multicultural group of young friends bonding outdoors
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    Diamond Dogs via Getty Images
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    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
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    Courtesy of Amazon
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    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
  • The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce Germany GmbH on August 08, 2022 in Berlin, Germany.
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    Sean Gallup via Getty Images
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    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
  • Incoming Visa CFO Chris Suh
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    Permission granted by Constantine Panagiotatos
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    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 June 20, 2023
  • A One-Hundred Dollar Bill being passed from one hand to another
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    Joe Raedle/Newsmakers via Getty Images
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    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 June 20, 2023
  • Shell
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    Matthew Horwood via Getty Images
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    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
  • CFPB Director Rohit Chopra speaks in front of the House Financial Services Committee.
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    Anna Moneymaker via Getty Images
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    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 June 20, 2023
  • Relay Payments has partnered with Pilot to bring its secure digital payments to more than 800 Pilot-owned locations.
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    Permission granted by Relay Payments
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    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
  • Person uses mobile phone to make payment
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    ArLawKa AungTun via Getty Images
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    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 University campus lawn with rock painted with Spartan logo and the names of students who were killed.
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    Scott Olson via Getty Images
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    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
  • 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 June 14, 2023