Apple blocks Epic’s rival app store

“Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

By James Pothen • March 7, 2024

PayPal CEO prioritizes bettering branded services

Alex Chriss aims to use the company’s faster-growing unbranded Braintree business to give a boost to the legacy PayPal brand.

By Lynne Marek • March 7, 2024

Explore the 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

Huck’s adds touchless payments for fleets

The convenience retailer is the latest to add this capability as it seeks to win over more business from corporate accounts and professional drivers.

By Jessica Loder • March 6, 2024

US Health Dept. offers assistance in wake of Change cyberattack

Healthcare providers have reported significant challenges to their day-to-day operations, including problems receiving payment from patients and insurers.

By Emily Olsen • March 6, 2024

i2c pursues bank clients abroad

The issuing-processing fintech sees a bigger opportunity in regions outside the U.S. to sell its core banking services, founder and CEO Amir Wain said.

By Caitlin Mullen • March 6, 2024

BP to upgrade mobile app, POS system

The c-store and fuel giant will overhaul its BPme platform as it looks to create an enhanced purchasing experience, a spokesperson said.

By Brett Dworski • March 6, 2024

Google allows alternatives in Europe, cracks down in India

The tech giant said it will expand in-app payments options in the EU, while cracking down on apps in India that it said refused to pay its fees.

By James Pothen • March 6, 2024

$1.95B Apple fine is eye-catching, but EU faces tough road collecting

“While we respect the European Commission, the facts simply don’t support this decision. And as a result, Apple will appeal,” the tech giant said Monday.

By Robert Freedman • March 5, 2024

EU fine challenges Apple’s payments business

The tech giant is fighting “tooth and nail” to protect its commission from in-app purchases, Consumer Reports Senior Researcher Sumit Sharma said.

By James Pothen • March 5, 2024

Fiserv lines up FedNow clients

The mega processor has signed up 200 banks for FedNow, but now its clients are in search of use cases.

By Lynne Marek • March 5, 2024

Amex cardholder data exposed in merchant processor hack

The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

By Caitlin Mullen • March 5, 2024

Cash App enforcement action expected this year

Federal regulators reviewing whistleblower allegations related to Block’s Cash App may act on the complaints this year, predicted an attorney for the complainants.

By Lynne Marek • March 4, 2024

Zelle transactions jumped 28% last year to $806B

The peer-to-peer payment app provided a performance update, with transactions volume and value both up about 30% from the previous year.

By James Pothen • March 4, 2024

Klarna news may confirm workers’ worst fears: AI replacement

FOBO or “fear of becoming obsolete” has long plagued workers concerned about AI replacing their jobs.

By Caroline Colvin • March 1, 2024

Affirm preps for UK launch

Beyond expansion to the U.K., the BNPL provider may seek to plant a flag where its large partners such as Amazon and Shopify have a presence, said Affirm’s Chief Revenue Officer Wayne Pommen.

By Caitlin Mullen • March 1, 2024

Green Dot faces Fed’s proposed consent order

The digital bank set aside $20 million to cover a potential penalty stemming from compliance risk management issues predating the company’s current management.

By Gabrielle Saulsbery • Feb. 29, 2024

Treasury Department to develop financial inclusion strategy

The department is considering how to measure and improve financial inclusion across payments and other financial services.

By Tatiana Walk-Morris • Feb. 29, 2024

Fiserv ponders M&A

CEO Frank Bisignano declined to comment Wednesday on a potential acquisition of Shift4, but would like to see Fiserv make more purchases that further its digital capabilities.

By Caitlin Mullen • Feb. 29, 2024

Apple begins sharing BNPL data with Experian

The development may spur rival BNPL providers to follow suit, according to Ed deHaan, a professor at the Stanford Graduate School of Business. 

By James Pothen • Feb. 29, 2024

App features bolster Zip’s US revenue growth

Gamified repayment and variable first installments were two features that CEO Cynthia Scott said contributed to the BNPL company’s U.S. revenue growth.

By James Pothen • Feb. 28, 2024

Fed official makes a case for the dollar’s hegemony

Can the dollar’s reign as the world’s reserve currency persist? This Fed official makes a strong case, but digital doubts may remain.

By Lynne Marek • Feb. 27, 2024

Amazon expands smart carts pilot

The tech giant’s smart shopping carts, designed to speed up the checkout process, are now available for use in a California Whole Foods store.

By James Pothen • Feb. 27, 2024

Capital One-Discover deal may spur payments M&A

The blockbuster deal is set “to trigger a bunch of rethinking across the industry,” said Erin McCune, a partner at consulting firm Bain & Company.

By Caitlin Mullen • Feb. 27, 2024

Self-checkout promises ultimate convenience. Is it doing its job?

The process can make for faster, easier experiences, but it needs regular attention and helpful associates to thrive, consultants said. 

By Bryan Wassel • Feb. 26, 2024

FIS promises expanding profit margins

Fidelity National Information Services promised bigger profit margins this year from its newly reconfigured business focused on banking and capital markets.

By Lynne Marek • Feb. 26, 2024