Retail: Page 33
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Opinion
Eliminating costly false declines online
“False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.
By Chris Ryan • Feb. 6, 2023 -
Lightspeed bets on bigger customers
In pursuing profitable growth, point-of-sale software and payments provider Lightspeed Commerce is zeroing in on larger merchants as clients.
By Caitlin Mullen • Feb. 6, 2023 -
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 -
Stripe CFO exiting to handle ‘family matters’
Dhivya Suryadevara will leave the digital payments startup in April, as Stripe executives weigh taking the company public.
By Elizabeth Flood • Feb. 6, 2023 -
Merchants frustrated with fees, tech issues
Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.
By Caitlin Mullen • Feb. 3, 2023 -
Payments firms make C-suite changes
In addition to new CEO appointments at Visa and Marqeta, payments companies Paysend, AvidXchange, TreviPay and LeafLink recently installed new executives.
By Tatiana Walk-Morris • Feb. 3, 2023 -
Standard AI to acquire Skip Checkout
The deal would create the first company to combine self-checkout and AI-powered autonomous checkout for retailers, according to the announcement.
By Brett Dworski • Feb. 2, 2023 -
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 -
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 -
Is Affirm out as Amazon’s sole BNPL provider?
An exclusivity provision between the two companies has lapsed as the buy now, pay later arena becomes more competitive.
By Caitlin Mullen • Feb. 2, 2023 -
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 Lynne Marek • Feb. 2, 2023 -
Zip pauses acquisitions
The Australia-based buy now, pay later provider’s acquisitive days “are behind us, for now,” said CEO Larry Diamond.
By Caitlin Mullen • Feb. 1, 2023 -
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 Lynne Marek • Feb. 1, 2023 -
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 Lynne Marek • Jan. 31, 2023 -
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 Lynne Marek • Jan. 31, 2023 -
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 Lynne Marek • Jan. 30, 2023 -
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 Lynne Marek • Jan. 30, 2023 -
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 Lynne Marek • Jan. 27, 2023 -
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 Lynne Marek • Jan. 26, 2023 -
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 Lynne Marek • Jan. 26, 2023 -
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 Lynne Marek • Jan. 26, 2023 -
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 -
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 -
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 Lynne Marek • Jan. 24, 2023 -
Big banks to launch digital wallet operated by Zelle parent: report
The wallet, which is expected to launch in the second half of the year, aims to compete with PayPal and Apple, sources told The Wall Street Journal. But serious competition may take a while, an analyst said.
By Anna Hrushka • Jan. 24, 2023 -
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 Lynne Marek • Jan. 23, 2023