Technology: Page 19


  • People walk in front of a JPMorgan Chase & Co. sign at its headquarters in New York City.
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    Spencer Platt via Getty Images
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    Chase credit card snafu trips up Black Friday shoppers

    The biggest bank in the U.S. erroneously declined some credit card users’ purchases on Black Friday, the busiest shopping day of the year.

    By Nov. 28, 2023
  • A woman is ordering food off of a self-service kiosk.
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    frantic00 via Getty Images
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    Why quick service restaurants are doubling down on kiosks

    Burger King, Taco Bell and Shake Shack are among the chains adding this technology to boost tabs and reduce labor pressure.

    By Julie Littman • Nov. 27, 2023
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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
  • A photo of a grabango checkout kiosk being used by a shopper.
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    Permission granted by Grabango
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    How convenience industry leaders see the future of the store experience

    Staffed checkout registers are losing importance, and industry executives are eyeing mobile-based, scan-and-go technology, according to a recent survey.

    By Jessica Loder • Nov. 27, 2023
  • A worker keys information into a point of sale screen
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    Creative via Getty Images
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    NCR Voyix sells payments assets for $82M

    The divestiture mainly consisted of merchant contracts, Voyix’s front-end authorization platform “and certain relevant intellectual property,” the company said in its quarterly filing.

    By Caitlin Mullen • Nov. 27, 2023
  • A headshot of a man in a blue button-down shirt against a purple background
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    Permission granted by Plaid
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    Plaid poaches Adyen executive for European expansion

    Brian Dammeir sees opportunities for Plaid’s payments business to grow in Europe, particularly in account-to-account payments, he said in a Wednesday interview.

    By Nov. 22, 2023
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    Bill beats back Melio speculation

    Payments software company Bill isn’t in the market for “transformational” M&A and is more likely to pursue “tuck-in technology” type purchases, President John Rettig said on Friday.

    By Caitlin Mullen • Nov. 22, 2023
  • A person pays in a restaurant
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    Creative via Getty Images
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    Digital payments have increased restaurant tips. But is it backfiring?

    Some diners feel pressured by tipping digitally in front of employees, which can hurt restaurant traffic, but experts say there are best practices that can ease customer trepidation.  

    By Danielle McLean • Nov. 22, 2023
  • A large screen depicting the game Fortnite on a mobile phone. Standing below the screen in a a man in a purple shirt.
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    Tim Sweeney via Getty Images
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    Antitrust pressure may squeeze Google, Apple in-app fees

    “Apple and Google Play app store fees will be significantly lower in the medium future,” Drake Star Partner Michael Metzger predicted.

    By Nov. 21, 2023
  • 100 dollar bills with green streaks spiraling around them and 0s and 1s in the background
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    Viorika via Getty Images
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    Wise CFO credits customer growth for profit jump

    The fintech’s nearly fourfold jump in profits comes as its chief financial officer is preparing to depart after an eight-year tenure.  

    By Grace Noto • Nov. 20, 2023
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    Bruce Bennett via Getty Images
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    Stripe, Alaska Airlines to offer in-flight contactless payments

    Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.

    By Nov. 20, 2023
  • Fiserv CEO Frank Bisignano
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    Caitlin Mullen/Payments Dive, data from Fiserv
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    Fiserv doubles down on Clover growth

    CEO Frank Bisignano is betting on accelerated growth of Clover’s small business point-of-sale services, even as he admitted to being “paranoid” in the highly competitive market.

    By Caitlin Mullen • Nov. 17, 2023
  • A woman making a purchase at a store using her cell phone to pay.
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    svetikd via Getty Images
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    Q&A

    Forter executive offers 2024 payments predictions

    The new instant payment rail FedNow is set for a “roller coaster” next year, according to Forter Head of Financial Partnerships Jeff Hallenbeck.

    By Nov. 16, 2023
  • Wex CEO and chair Melissa Smith
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    Permission granted by Wex
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    Profile

    Wex CEO taps endurance to lead

    Melissa Smith has led the payments software and services company for nearly a decade, navigating once-in-a-lifetime events and spearheading an aggressive acquisition strategy.

    By Nov. 16, 2023
  • Shift4 CEO Jared Isaacman
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    Courtesy of Shift4. Shift4 CEO Jared Isaacman
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    Shift4 CEO entertains acquisition interest

    CEO Jared Isaacman said the payment processing company is fielding acquisition interest from “several parties.”

    By Caitlin Mullen • Nov. 16, 2023
  • Businesswoman shaking hands with client and smiling cheerfully in a meeting room.
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    LaylaBird via Getty Images
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    ADP, Convera partner on payroll, payments

    The two companies have collaborated to integrate Convera’s payments services into ADP’s payroll software.

    By Nov. 15, 2023
  • Paper personal earnings statement lays on desk next to pen and calculator.
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    GaryPhoto via Getty Images
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    DailyPay wage payments delayed due to Friday snafu

    The early wage access company didn’t immediately make some payments to workers because of a snag related to the Veterans Day holiday.

    By Nov. 14, 2023
  • A person pays in a restaurant
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    Creative via Getty Images
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    Lightspeed aims to fend off rivals on international stage

    Competing restaurant point-of-sale players have set their sights on international growth, but they’re likely to find the European market tougher than the U.S. market, Lightspeed’s CEO said.

    By Caitlin Mullen • Nov. 14, 2023
  • Meta Amazon example
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    Retrieved from Maurice Rahmey/Threads on November 11, 2023
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    Column

    Sociable: Meta inks deal with Amazon to facilitate Facebook, Instagram shopping

    The new deal will enable Amazon merchants to connect with Facebook and Instagram users.

    By Andrew Hutchinson • Nov. 13, 2023
  • European Union flags are pictured outside the European Commission building. The flags are blue with a circle of yellow stars.
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    Carl Court via Getty Images
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    EU digital identity wallet to stir paytech market

    The EU would require big tech companies, like Apple and Google, to offer their customers payment services through the new digital identity wallet if the regulation is approved.

    By Nov. 13, 2023
  • Buy now pay later
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    Khaosai Wongnatthakan via Getty Images
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    BNPL companies face grim outlook, Moody’s says

    Fierce competition, persistent losses and regulatory constraints are likely to push some players out of the buy now, pay later market, Moody’s predicted.

    By Nov. 13, 2023
  • A photo of a person using a Bitcoin Depot bitcoin ATM.
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    Permission granted by Bitcoin Depot
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    Bitcoin Depot CEO weighs in on new California law

    Bitcoin Depot CEO Brandon Mintz contends a new California law will “create economic challenges” for his company and other crypto ATM operators.

    By Nov. 10, 2023
  • People ride bikes on Stanford University's campus
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    Justin Sullivan / Staff via Getty Images
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    Flywire scoops up Australian firm

    The $38.8 million acquisition of StudyLink will expand Flywire’s presence in the Australian higher education market, the company said.

    By Caitlin Mullen • Nov. 10, 2023
  • Diagram of FedNow payments
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    Federal Reserve. "FedNow Instant Payments". Retrieved from FRB Services.
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    Jack Henry lands more FedNow clients

    Jack Henry & Associates recorded an increase in the number of customers connected to the new Federal Reserve instant payments system, but they’re all in receive-only mode.

    By Nov. 8, 2023
  • Toast point of sale hardware is shown
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    Courtesy of Toast Media Kit
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    Toast’s growth slows

    The restaurant fintech noticed “a modest slowdown” in same-store sales in the latter half of the third quarter that continued into October, the company’s CFO said Tuesday.

    By Caitlin Mullen • Nov. 8, 2023
  • 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 proposes new oversight for payment tech firms

    Google, Apple and 15 other big non-bank technology companies that provide digital wallets or payments apps would be subject to increased regulation if a new Consumer Financial Protection Bureau rule is approved.

    By , Nov. 7, 2023