Technology: Page 19
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Afterpay extends reach beyond apparel
The Block-owned buy now, pay later provider said its expansion is a response to younger consumers looking for new tools to manage inflation.
By Tatiana Walk-Morris • March 18, 2024 -
Q&A
FreedomPay doubles down on gateway focus
The company, which provides point-of-sale payments and other technology services to merchants, isn’t interested in handling acquiring, said President Chris Kronenthal.
By Caitlin Mullen • March 18, 2024 -
Explore the Trendline➔
toeytoey2530 via Getty ImagesTrendlineE-commerce drives digital payment advances
As e-commerce activity continues to climb, providers of digital payment tools are likely to keep evolving their online offerings.
By Payments Dive staff -
Sponsored by Modern Treasury
3 pieces of modern infrastructure needed to manage tech-disrupted finance flows
Soon, all payments will begin and end with software. Which innovations should companies prioritize now?
March 18, 2024 -
CFPB warns of ‘dangers’ on standards for open banking
“We know dangers exist when more powerful players weaponize industry standards,” Consumer Financial Protection Bureau Director Rohit Chopra said in advance of finalizing an open banking rule later this year.
By Lynne Marek • March 15, 2024 -
Retrieved from Business Wire on March 14, 2024
Fiserv searches for ‘tuck-in type’ deals
Despite a focus on smaller acquisition options, the processor doesn’t feel confined to a particular price range, CFO Bob Hau suggested Thursday.
By Caitlin Mullen • March 15, 2024 -
Opinion
Fintech founder backs Google, Apple
“It’s easy for giant app companies to pick fights with Apple and Google, but when billionaire companies fight about who gets richer, it’s usually the little guy that loses,” writes CashEx’s CEO.
By Kingsley Ezeani • March 15, 2024 -
Q&A
ACI CEO weighs in on FedNow, cross-border payments
The federal real-time payments system may spool up slowly, but it could ultimately transform U.S. cross-border payments, ACI Worldwide's CEO predicted.
By Lynne Marek • March 14, 2024 -
Banking apps fall short on fraud protections: report
Consumer Reports Senior Director Delicia Hand said preventing fraud and scams is "crucial" for traditional and digital banks alike, as more of their customers use their mobile apps.
By James Pothen • March 14, 2024 -
Visa teams with SAP’s Taulia on embedded payments
The card network giant wants to simplify payment processes for chief financial officers, accounts payable staff and procurement professionals, via the new tie.
By Tatiana Walk-Morris • March 14, 2024 -
Klarna’s IPO prospects grab spotlight
The BNPL provider’s CEO has suggested the company could IPO “quite soon,” but fintech investors expect the market will first want to see a stronger track record of profitability.
By Caitlin Mullen • March 13, 2024 -
PayPal, Mastercard add C-suite hires
Payments firms are loading up on new C-suite hires this year as some in the industry build out new management teams.
By Lynne Marek • March 13, 2024 -
Stripe reports payments volume increase
The digital payments company processed $1 trillion in total payments volume last year, according to its annual letter released Wednesday.
By James Pothen • March 13, 2024 -
FDIC pushes regulators to address tokenization
Tokenization could be a "major leap" for the monetary system. FDIC Vice Chairman Travis Hill doesn't want the U.S. to be left out.
By Gabrielle Saulsbery • March 12, 2024 -
PayPal may axe straggler business units
On the fringes of the digital payment pioneer’s two main businesses are some in a third category that could be jettisoned this year, CEO Alex Chriss said last week.
By Lynne Marek • March 12, 2024 -
Hertz taps Stripe for digital payments
The digital payments company will power website and app-based reservations for the car rental business, along with providing a point-of-sale system.
By James Pothen • March 12, 2024 -
Visa spends ‘billions’ battling cybersecurity threats
“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.
By Lynne Marek • March 11, 2024 -
JPMorgan to launch biometric checkout next year
The bank’s payments unit plans to engage in more pilots this year before rolling out the checkout service broadly next year, said Prashant Sharma, JPMorgan’s executive director of biometrics and identity solutions.
By Caitlin Mullen • March 11, 2024 -
IHG approves slew of hotel digital tipping solutions
The hotel group announced that it had newly approved several payment vendors to expand the company’s digital tipping capabilities.
By Noelle Mateer • March 11, 2024 -
Apple reverses decision on blocking Epic
“We are moving forward as planned to launch the Epic Games Store and bring Fortnite back to iOS in Europe,” Epic said following the change.
By James Pothen • March 8, 2024 -
Fleetcor invests in Brazilian mobile app business Zapay
Fleetcor’s investment this week follows other payments companies, including Visa, in investing in Brazilian businesses.
By Lynne Marek • March 8, 2024 -
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 -
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