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

Explore the Trendline➔

Payments 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

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

Earnings preview: Payments companies face up to 4Q

How economic stress challenged payments companies in the final months of 2022 will be closely watched in upcoming earnings reports.

By Caitlin Mullen • Jan. 23, 2023

FIS director resigns after appointment last month

An FIS director resigned last week after being appointed to the board in December, and the payments processor appointed two new directors.

By Lynne Marek • Jan. 20, 2023

PayPal confirms data breach

Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.

By Matt Kapko • Jan. 20, 2023

Splitit targets tech assets for acquisition

Splitit isn’t interested in being acquired, but the BNPL provider believes there may be assets ripe for the picking amid consolidation.

By Suman Bhattacharyya • Jan. 19, 2023

Lightspeed cuts 300 jobs in restructuring

With the 10% workforce reduction, the Canadian merchant payment services company is reorganizing in a bid for profitability.

By Lynne Marek • Jan. 18, 2023

US payments startup funding cut in half last year

Venture funding for payments companies dropped 50% globally last year too, but they attracted more than other fintechs in the fourth quarter.

By Caitlin Mullen • Jan. 18, 2023

Wakefern unveils frictionless checkout pilot

The supermarket operator teamed with tech firm Trigo to open an autonomous convenience store at its New Jersey corporate campus.

By Catherine Douglas Moran • Jan. 18, 2023

How Parkland USA is bringing self checkout to its stores

The fuel and convenience store company is considering expanding payment offerings through the self-checkout kiosks, including mobile and ACH options.

By Jessica Loder • Jan. 17, 2023