Technology


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    1401461124 via Getty Images
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    Real-time payments scams rise

    More people are falling for real-time payment scams as the use of such speedy systems increases, a FICO survey showed. 

    By Nov. 22, 2024
  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
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    Anna Moneymaker via Getty Images
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    CFPB tweaks big tech payments rule

    In finalizing the new rule to oversee digital wallet providers Thursday, the Consumer Financial Protection Bureau said it made important changes to its initial proposal.

    By Nov. 21, 2024
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    kentoh via Getty Images
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    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
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    David Ryder via Getty Images
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    Amazon now accepts EBT card payments

    The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.

    By Nov. 21, 2024
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    Justin Sullivan via Getty Images
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    Deep Dive

    PayPal CEO pushes beyond payments

    After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.

    By Nov. 20, 2024
  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
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    Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
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    Google Pay adds Afterpay BNPL services

    Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.

    By Nov. 19, 2024
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    Poike via Getty Images
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    Scams ensnare even sophisticated consumers, Fed says

    Criminals leverage advanced technology to make so-called mule accounts that pass as humans and persuade consumers to send money to scammers, a Kansas City Fed paper says.

    By Nov. 18, 2024
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    Shutterstock/raker

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    Sponsored by Wind River Payments

    The real question behind embedded vs. integrated payments: Creating seamless transactions

    Interested in learning more about embedded payments and how you can leverage them for your business?

    Nov. 18, 2024
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    Dan Kitwood/Getty Images News via Getty Images
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    Opinion

    Payments players should embrace digital currencies

    “Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.

    By Ryan Miller • Nov. 15, 2024
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    Courtesy of Uber
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    Mastercard aims to cancel manual card entry by 2030

    The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

    By Tatiana Walk-Morris • Nov. 15, 2024
  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Shift4 CEO bets on crypto and Trump

    The payment processor’s CEO, Jared Isaacman, plans to plunge ahead with a recent crypto initiative, wagering that President-elect Trump will give a boost to the effort.

    By Nov. 14, 2024
  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive
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    Private sector merits ‘significant’ payments footprint, Waller says

    The Federal Reserve must consider when to make up for private sector shortcomings in payments, while keeping its role limited, board member Christopher Waller said Tuesday.

    By Tatiana Walk-Morris • Nov. 13, 2024
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    John Phillips via Getty Images
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    Klarna files for IPO

    The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.

    By Nov. 13, 2024
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    Nastasic via Getty Images
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    Young people fall prey to payments fraudsters

    Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.

    By Nov. 12, 2024
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    Courtesy of Shift4
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    Will Shift4 scoop up Lightspeed?

    The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.

    By Nov. 11, 2024
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    Warchi via Getty Images
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    Q&A

    Open banking to move toward FDX standard

    Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.

    By Nov. 11, 2024
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    Joe Raedle via Getty Images
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    Afterpay to arrive on 24M Cash App cards

    The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.

    By Patrick Cooley • Nov. 8, 2024
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    Chip Somodevilla via Getty Images
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    How Trump’s administration may rework payments policies

    The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

    By Lynne Marek and Patrick Cooley • Nov. 7, 2024
  • Paze's logo is displayed on a smart phone.
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    Photo illustration: Shaun Lucas/Industry Dive; Getty Images; Paze

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    Paze gets new leader amid slow start

    Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service. 

    By Nov. 7, 2024
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    Daniel Boczarski via Getty Images
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    Q&A

    Fiserv exec opens up on Walmart, DoorDash partnerships

    Sunil Sachdev, Fiserv’s head of embedded finance, shed light on his company’s latest high-profile collaborations.

    By Nov. 6, 2024
  • A graphic showing a photo of a mobile phone showing an open app. Text in the app says "Flexa" and "pay Sheetz $15.57" above a scannable code.  Illustrations of a dollar bill and lightning bolt .
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    Permission granted by Flexa
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    Sheetz accepting crypto at all locations

    After a limited trial run, customers can now use several popular digital currencies to buy items at all of the East Coast retailer’s 750-plus locations.

    By Jessica Loder • Nov. 5, 2024
  • Booth and sign for Federal Reserve payments services at Nacha conference in May 2024.
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    Lynne Marek/Payments Dive
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    Fed aims to make instant payments the norm

    “It's going to be up to us to move instant payments from being novel to being normal,” Federal Reserve Financial Services’ chief payments executive told attendees at a major industry conference last week.

    By Lynne Marek and Patrick Cooley • Nov. 5, 2024
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    Courtesy of Mastercard
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    Mastercard gains edge in ancillary services

    The card network is besting its larger rival Visa in the sale of cybersecurity and data services, at least according to one set of analysts who reviewed their recent results.

    By Nov. 5, 2024
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    Justin Sullivan via Getty Images
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    Stablecoins face obstacles to widespread adoption

    The digital currencies could simplify cross-border payments, but consumers are wary of using them, payments and fintech executives say.

    By Nov. 4, 2024
  • A photo of a phone showing a Paytronix app.
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    Courtesy of Paytronix
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    Paytronix acquired by Access Group

    The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.

    By Jessica Loder • Nov. 4, 2024
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    Joe Raedle via Getty Images
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    5 payments predictions from research firm Forrester

    Cash use worldwide will drop significantly next year, despite its U.S. persistence, the research firm Forrester predicts. Meanwhile, business-to-business acquisitions in the payments realm will pick up.

    By Tatiana Walk-Morris and Lynne Marek • Nov. 1, 2024