How active shooters pay for guns

Payment methods used by active shooters to acquire guns are becoming part of the U.S. dialogue about such incidents. A Payments Dive series tracking those details seeks to inform the discussion.

By Payments Dive staff • Updated Dec. 13, 2022

Block pledges to curb spending

The digital payments company plans to slow the pace of hiring in 2023 as executives aim to rein in expenses.

By Caitlin Mullen • Nov. 4, 2022

Explore the 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

PayPal girds for slowdown, leans on Apple, Amazon

The digital payment pioneer is counting on its ties to Apple and Amazon as it prepares for an economic slowdown already showing up in e-commerce.

By Lynne Marek • Nov. 4, 2022

Musk aims Twitter at payments

Twitter’s new billionaire owner plans to make the company into a payments player, but industry pros say social media platforms aren’t cut out for that game.

By Lynne Marek • Nov. 3, 2022

Stripe chops workforce for ‘leaner times’

The payments company will cut about 1,140 jobs as it reins in expenses in the face of deteriorating economic conditions after growing too fast.

By Lynne Marek • Nov. 3, 2022

Amazon offers merchants cash advances

Sellers on the company’s online marketplace can access from $500 to $10 million in cash advances, with repayment based on a fixed percentage of their gross merchandise sales. 

By Tatiana Walk-Morris • Nov. 2, 2022

MoneyGram dives deeper into crypto

The money transfer company said it’s adding a new crypto feature to its mobile app, expanding on an attempt to appeal to a younger client set.

By Tatiana Walk-Morris • Nov. 2, 2022

6 payments takeaways from big consulting firms

Recent reports from Ernst & Young, Forrester Research and McKinsey examined forces at play in the payments industry, from “swipe” fee frustration to open banking and cross-border payments trends.

By Caitlin Mullen , Lynne Marek , Jonathan Berr • Nov. 2, 2022

Honeywell jumps into mobile payments battle

The tech conglomerate will couple new payments software with its mobile computers to process transactions anywhere, taking on a pack of rivals already in the market.

By Lynne Marek • Nov. 1, 2022

Deluxe aims to add crypto

The company better known for paper checks is preparing for increased consumer use of digital assets, with plans to add options for accepting crypto next year.

By Lynne Marek • Oct. 31, 2022

Mastercard profit rises on consumer spending

The company also credited cross-border travel, digital-first deals with banks and co-branding alliances for its performance during the quarter.

By Jonathan Berr • Oct. 28, 2022

Shoppers turn to installment payments for holidays: report

Shoppers aim to stretch their budgets by trying installment payment plans and seeking discounts from retailers, according to a new report.

By Tatiana Walk Morris • Oct. 27, 2022

Fiserv sheds Korea unit, plans move to Milwaukee

After selling off three business units and taking other actions to “tighten spending” in the third quarter, Fiserv CFO Bob Hau expects cost improvement for the fourth quarter.

By Caitlin Mullen • Updated Oct. 28, 2022

Visa eyes 2023 growth, sidesteps threats for now

“Should there be a recession, or a geopolitical shock that impacts our business...we will, of course, adjust our spending plans,” Visa’s CFO said.

By Lynne Marek • Oct. 27, 2022

Ukraine raises fraud concerns, Stripe exec says

The war in Ukraine raised the stakes for payment fraud detection, as bad actors devise more complex ways of evading oversight.

By Suman Bhattacharyya • Oct. 26, 2022

Synchrony delivers mixed results

While the financial services company’s third-quarter income rose over the year-earlier period, net earnings sagged. Synchrony also increased credit loss provisions.

By Jonathan Berr • Oct. 26, 2022

Discover tightens underwriting

Count the card company among those that added to credit loss provisions in the third quarter as economic conditions soured.

By Caitlin Mullen • Oct. 26, 2022

Amazon rolls out Venmo payment option

The e-commerce giant’s new payment method was first teased in an announcement from Venmo owner PayPal last year.

By Dani James • Oct. 25, 2022

CFPB seeks to jettison ‘junk data’ in credit reports

Companies must have policies and procedures to detect and remove inconsistencies and “obvious impossibilities” in credit data, the CFPB said.

By Anna Hrushka • Oct. 24, 2022

BNPL for business is a high stakes proposition

“As BNPL providers, especially in the business realm where more money is being spent, fintechs are going to need much more sophisticated, secure, reliable authentication methods,” writes Flexbase CEO Zaid Rahman.

By Zaid Rahman • Oct. 24, 2022

Ammo to launch its own online payments processing

The Scottsdale, Arizona company said that bringing the payments aspect of transactions in-house, as opposed to using third parties, will allow it to reduce costs.

By Jonathan Berr • Oct. 21, 2022

Earnings preview: Payments companies confront 3Q challenges

Macroeconomic headwinds, consumer health and cost management are set to be topics of conversation during payments companies' quarterly earnings calls.

By Caitlin Mullen • Oct. 20, 2022

Advanced checkout tech surges at c-stores

From self-checkout machines to checkout-free stores, the options for processing payments are expanding at retail venues. Here’s how retailers find the best fit.

By Jessica Loder • Oct. 19, 2022

CFPB sues Global Payments unit

The Consumer Financial Protection Bureau sued Active Network, a unit of Global Payments, saying the company used “dark patterns” to unlawfully extract $300 million from consumers.

By Lynne Marek • Oct. 19, 2022

Analysts on lookout for Fiserv job cut costs

With the company set to report third-quarter results next week, ongoing employee cuts have put severance expense under the microscope.

By Caitlin Mullen • Oct. 18, 2022