Retail: Page 34
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Tandym adds retailers for rewards programs
The private label digital credit card company is stacking up online retail customers, with plans to add debit options and in-store clients this year.
By Lynne Marek • March 27, 2023 -
CFPB seeks to improve credit card transparency
The agency wants to give consumers more information from credit card issuers so that it’s easier to compare the cards’ offers, especially their interest rates.
By Tatiana Walk-Morris • March 24, 2023 -
Explore the Trendline➔
tommy via Getty ImagesTrendlinePayments industry seeks to keep pace with fraudsters
As losses from fraud in payments have climbed, companies are seeking new tools to combat illicit schemes.
By Payments Dive staff -
Buy now, pay later explodes in grocery
The percentage of online transactions involving groceries where shoppers opted to delay payment grew 40% during the first two months of 2023, according to Adobe data.
By Sam Silverstein • March 23, 2023 -
Panera tests Amazon One palm payments at 2 cafes
Panera plans to expand the palm payments technology to as many as 20 cafes in the second stage of the test, depending on the outcome of the initial test.
By Aneurin Canham-Clyne • March 22, 2023 -
Convenience chain to install bitcoin ATMs
GetGo joins a growing list of convenience store operators adding bitcoin ATMs, as retailers seek new ways to bring customers inside their stores.
By Brett Dworski • March 22, 2023 -
DoorDash adds cash payment option
The company’s white label delivery service can now accept cash payments, which drivers would collect as part of their pay.
By Julie Littman • March 21, 2023 -
Mastercard buys Baffin Bay Networks
The card network company said it bought the cybersecurity business to better combat cyber-attacks in an increasingly threatening environment.
By Lynne Marek • March 20, 2023 -
Western Union CEO gives rivals respect
The legacy money transfer company has lost the advantage of scale over younger fintechs like Remitly and Wise, but it’s discounting digital services to claw back customers.
By Lynne Marek • March 20, 2023 -
BNPL firms snag consumers at checkout: J.D. Power
As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.
By Tatiana Walk-Morris • March 17, 2023 -
Democrats slam card CEOs on gun code
A group of attorneys general took card company CEOs to task for pulling an about-face on implementing the gun merchant category code.
By Caitlin Mullen • March 16, 2023 -
Payments execs detail SVB impact
The Silicon Valley Bank downfall that sent shockwaves through the financial industry forced fintechs, such as Affirm and Marqeta, to react fast.
By Caitlin Mullen , Lynne Marek • March 16, 2023 -
Retrieved from Meijer.
Meijer, Flashfood expand tie-up to include SNAP payments
The Midwestern grocer is the first of the food waste solution company’s partners to make the payment method accessible on the company’s app.
By Peyton Bigora • March 16, 2023 -
Visa, Mastercard depict bank failure impact
As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.
By Lynne Marek • March 15, 2023 -
Fiserv, Jack Henry CEOs react to bank crisis
Payments processors’ CEOs this week described how their companies were affected by the recent bank industry turmoil, downplaying the impact.
By Caitlin Mullen , Lynne Marek • March 15, 2023 -
Amex bets on millennials, Gen Z for growth
As it pursues younger consumers, the company is angling to ensure its high-fee cards offer enough value for millennials and Gen Zers.
By Caitlin Mullen • March 14, 2023 -
Tilia C-suite gets overhaul
The payments startup has a new team of top executives to spearhead payments for gaming, social media and other next-generation marketplaces.
By Lynne Marek • March 14, 2023 -
Retail brands react to Silicon Valley Bank’s collapse
The merchants explained how the SVB situation had affected their sales, online commerce, payments and finances.
By Dani James • March 13, 2023 -
Affirm courts Amazon for more business
Even as it angles for an increase, the buy now, pay later provider’s CFO acknowledged Thursday that its juggernaut e-commerce partner has other BNPL options.
By Caitlin Mullen • March 10, 2023 -
February retail, restaurant sales rise: Mastercard
U.S. retail sales climbed about 7% in February over last year, alongside increases in restaurant and travel spending, Mastercard said in a report.
By Tatiana Walk-Morris • March 10, 2023 -
USDA picks 5 states for mobile SNAP payments pilot
Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers.
By Catherine Douglas Moran • March 9, 2023 -
Amex follows rivals in ditching gun code
Visa, Mastercard, Amex and Discover all said separately Thursday they’re holding off on earlier plans to implement a new gun merchant category code on their card networks.
By Caitlin Mullen • March 9, 2023 -
Pagos aims to check merchants’ payments costs
With a recent venture capital infusion for the merchant software tools provider, Pagos is planning to add jobs, including engineers.
By Ryan Deffenbaugh • March 9, 2023 -
PayPal CFO hits the exit
PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.
By Lynne Marek • March 7, 2023 -
Retrieved from Amazon press page.
Amazon Go to close 8 of its stores
The company will close the checkout-free stores next month as it struggles to get its physical retail footprint right.
By Brett Dworski • March 7, 2023 -
Paymentus picks ex-TiVo exec for CFO
The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.
By Maura Webber Sadovi • March 7, 2023