Technology: Page 19
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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 Lynne Marek • Nov. 28, 2023 -
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 -
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 -
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 -
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 -
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 James Pothen • Nov. 22, 2023 -
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 -
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 -
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 James Pothen • Nov. 21, 2023 -
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 -
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 James Pothen • Nov. 20, 2023 -
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 -
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 James Pothen • Nov. 16, 2023 -
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 Lynne Marek • Nov. 16, 2023 -
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 -
ADP, Convera partner on payroll, payments
The two companies have collaborated to integrate Convera’s payments services into ADP’s payroll software.
By James Pothen • Nov. 15, 2023 -
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 Lynne Marek • Nov. 14, 2023 -
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 -
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 -
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 James Pothen • Nov. 13, 2023 -
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 Lynne Marek • Nov. 13, 2023 -
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 James Pothen • Nov. 10, 2023 -
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 -
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 Lynne Marek • Nov. 8, 2023 -
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 -
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 Lynne Marek , James Pothen • Nov. 7, 2023