Technology
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BNPL payments rise with young, repeat users
Buy now, pay later users in the U.S. tended to be returning customers under 35 years-old, according to a new analysis from LexisNexis Risk Solutions.
By Patrick Cooley • Dec. 20, 2024 -
Stripe CFO joins board of AI start-up Vercel
The digital payments company’s CFO will become a director at the firm as it seeks to build out generative AI-enabled tools.
By Grace Noto • Dec. 19, 2024 -
Trendline
Digital wallets proliferate as features advance
As more companies aim to offer digital wallets the rise in competition is sharpening their features.
By Payments Dive staff -
BVNK raises $50M to fuel US expansion
The stablecoin startup’s plans, including a new office in San Francisco, coincide with the incoming crypto-friendly Trump administration.
By Tatiana Walk-Morris • Dec. 18, 2024 -
What role do stablecoins play in the payments industry?
With the discussion of stablecoins intensifying after the election of Donald Trump, here’s a primer explaining what this cryptocurrency is and what its practical uses may be.
By Patrick Cooley • Dec. 17, 2024 -
Q&A
Nacha CEO talks 2025 trends
Jane Larimer, who leads the association, predicts pay-by-bank and instant payments will remain hot topics next year, with artificial intelligence staying center stage as well.
By Lynne Marek • Dec. 16, 2024 -
PayPal to boost prices for merchants
The digital payments pioneer plans to increase fees U.S. merchants pay for some of its services, including buy now, pay later options, starting next month.
By Lynne Marek • Dec. 12, 2024 -
Opinion
Banks scramble to meet new ISO standard
“Companies that delay action risk losing out on both improved payment experiences and potential business with companies whose systems no longer sync up,” writes one industry senior vice president.
By Robert Turner • Dec. 12, 2024 -
Afterpay to drive Cash App growth, executive says
Once users have signed up for the Cash App card, Block can convince them to use other Block products, a company executive said.
By Patrick Cooley • Dec. 11, 2024 -
CFPB-Google battle likely to stretch into next administration
The Consumer Financial Protection Bureau says Google’s payment unit failed to explain why it was denying customer requests for refunds. Google told the agency to back off in a lawsuit.
By Patrick Cooley • Dec. 10, 2024 -
FIS nears capital markets acquisition
The financial tech provider is on the cusp of making a purchase, at the same time that it’s grappling with employee severance costs, its CFO said last week.
By Lynne Marek • Dec. 9, 2024 -
Q&A
Keeping cash may be critical for a resilient payment system
Climate change, wars and societal benefits should lead the U.S. to maintain greenbacks as an alternative to electronic money, one business professor argues, but he’s worried about preserving it.
By Lynne Marek • Dec. 9, 2024 -
Sponsored by Afterpay
Afterpay’s holiday shopping trends: Free shipping, BNPL for budgeting and more
The holidays are here, and while shoppers are filling their carts, check out what Afterpay is seeing as some of the trends.
Dec. 9, 2024 -
Crypto leaders have knives out for attorneys leaving the SEC
Coinbase and Ripple executives want law firms not to hire lawyers who worked on lawsuits against them.
By Robert Freedman • Dec. 6, 2024 -
RTP limit to rise to $10M for 2025
The Clearing House's move to increase to $10 million the amount that can be sent over its real-time network may attract more corporate use of the system.
By Tatiana Walk-Morris • Dec. 6, 2024 -
PayPal targets higher Braintree pricing
The digital payments pioneer is attempting to develop a more profitable unbranded business line, the company's CFO said at an investor conference this week.
By Suman Bhattacharyya • Dec. 5, 2024 -
Trump taps Shift4’s Isaacman to run NASA
The CEO of the payment and technology company has led two space missions for the private company SpaceX.
By Patrick Cooley • Dec. 4, 2024 -
FedNow racks up nearly $246M in annual expenses
The Federal Reserve projects the real-time payment system’s costs will climb slightly next year, from the $245.5 million it expects to spend this year.
By Lynne Marek • Dec. 4, 2024 -
Global Payments spots 6 trends for next year
The payments processor predicts fraud-fighting tools, embedded payments and comprehensive point-of-sale systems will be center stage in 2025.
By Tatiana Walk-Morris • Dec. 4, 2024 -
Q&A
Worldpay exec talks digital wallet security
The head of fraud prevention for the processor said the company leverages data to block hackers and fraudsters seeking digital wallet information.
By Patrick Cooley • Dec. 3, 2024 -
CFPB proposes rule to rein in data brokers’ sale of consumer information
With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.
By Lynne Marek • Dec. 3, 2024 -
Black Friday winners and losers
Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.
By Daphne Howland • Dec. 2, 2024 -
Sponsored by PayNearMe
Lead or be left behind: Adapting to the payment needs of every generation
Meet the payment needs of every generation to boost loyalty, satisfaction and on-time payments.
Dec. 2, 2024 -
BNPL use may rise this year for holiday shopping
With credit card interest rates at a historic high, consumers are likely to gravitate to lower-cost alternatives, including potentially buy now, pay later options, industry consultants say.
By Patrick Cooley • Nov. 27, 2024 -
Q&A
Ex-PayPal CEO opines on everything from crypto to Cobol
Bill Harris, who briefly led the payments pioneer, talks about the U.S. lagging in payments innovation, and the potential of stablecoins.
By Lynne Marek • Nov. 26, 2024 -
Push payment scam losses to surpass $3B by 2028: report
U.S. fraud losses due to push payment scams are rising, partly because of more real-time payments, according to a report from the payments company ACI Worldwide.
By Tatiana Walk-Morris • Nov. 25, 2024