Technology: Page 25


  • A photo of an AiFi-powered frictionless c-store on the University of San Diego campus.
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    Permission granted by AiFi
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    AiFi adds frictionless checkout to University of San Diego convenience store

    Fast-paced campus life is turning schools into an attractive market for autonomous retailers.

    By Jessica Loder • Aug. 28, 2023
  • Empty executive chairs sitting in what appears to be an office
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    Bet_Noire via Getty Images
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    Column

    Incoming payments CEOs usher industry into new era

    A spate of CEO appointments this year reflects an era of change and competition that’s likely to keep driving turmoil and advances in the industry.

    By Aug. 28, 2023
  • Creative image with coins jumping from one phone to another. Explore the Trendline
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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 human hand holding a black block displaying the letter "x"
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    Dan Kitwood via Getty Images
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    X adds state money licenses in pursuit of payments

    The social media company, formerly known as Twitter, advanced its payments strategy by collecting two more state money transmitter licenses.

    By Aug. 28, 2023
  • Food delivery, rider with bicycle delivering food
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    iStock.com/Diamond Dogs

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    Sponsored by Runa

    B2C payouts are at a turning point — Digital value is the transformation they need

    Digital experiences transformed how consumers make payments—now it’s time for B2C payouts to catch up.

    By Aron Alexander, CEO of Runa • Aug. 28, 2023
  • Tom Panther
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    Courtesy of Fleetcor
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    Fleetcor CFO targets M&A, sales

    The Atlanta-based payments player’s new CFO doesn’t believe the M&A deal pendulum has fully swung over to a buyer’s market.

    By Maura Webber Sadovi • Aug. 27, 2023
  • Window with sticker showing logos for Visa, Mastercard and American Express.
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    Scott Olson via Getty Images
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    Opinion

    Why the CCCA is ‘ill-informed’

    A payments processing consultant argues that the Credit Card Competition Act isn’t the way to spur more competition in the industry.

    By James Shepherd • Aug. 24, 2023
  • Close-up of a person using a self checkout machine.
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    Julia Gomina via Getty Images
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    Grocers seek to deter theft at self-checkout terminals

    How one supermarket chain aims to thwart consumer shoplifting at self-checkout kiosks, with help from smart cameras.

    By Peyton Bigora , Sam Silverstein • Aug. 22, 2023
  • check, checkbook
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    Retrieved from Flickr/RikkisRefuge.
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    US check use for payments exceeds other countries: Fed

    Although there has been a drop in U.S. check use for transactions, other nations have seen sharper declines, a Federal Reserve study showed.

    By Tatiana Walk-Morris • Aug. 22, 2023
  • A hand holds a mobile phone with the PayPal app pulled up.
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    Courtesy of PayPal
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    Adyen, Braintree and Stripe face off

    The processing giants are battling for market share in the U.S., cutting prices in their fight to win over merchants.

    By Aug. 22, 2023
  • The Trader Joe's sign is seen during the grand opening of a Trader Joe's on October 18, 2013 in Pinecrest, Florida.
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    Joe Raedle via Getty Images
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    Trader Joe’s says its stores won’t use self-checkout

    The grocer’s new CEO and president recently slammed the popular checkout method as being bad for employees and too much work for shoppers.

    By Peyton Bigora , Jeff Wells • Aug. 21, 2023
  • Students sit at tables in classroom with teacher walking.
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    Jon Cherry via Getty Images
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    ClassWallet draws $95M in funding

    The company raised the money after government agencies and school districts lined up for its digital payments and fund management services.

    By Tatiana Walk-Morris • Aug. 21, 2023
  • Person looks at mobile phone advertising buy now-pay later offer while online shopping
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    Creative via Getty Images
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    Q&A

    BNPL risks raise questions for Consumer Reports

    BNPL’s ubiquity and growing use for everyday purchases should grab regulators’ attention, said Consumer Reports’s senior policy counsel.

    By Caitlin Mullen • Aug. 21, 2023
  • Person at desk looks at bill and accounting documents.
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    PeopleImages via Getty Images
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    Bill to compete with Intuit after partnership ends

    “Intuit has decided to compete on payments rather than partner,” Bill CEO Rene Lacerte told analysts Thursday.

    By Caitlin Mullen • Aug. 18, 2023
  • The back of a bike courier with an Uber Eats bag.
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    Sean Gallup/Getty Images via Getty Images
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    EWA advocates push back on Maryland guidance

    At least one earned wage access advocate is pushing back on Maryland’s recent guidance that labels some on-demand wage offerings as loans.

    By Aug. 17, 2023
  • Elon Musk
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    Retrieved from Daniel Oberhaus/Wikimedia Commons on April 18, 2022
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    Sociable: Behind Musk’s X app payments vision

    Elon Musk wants you to use his X app for all types of banking and payments. That will require a leap of faith from consumers.

    By Andrew Hutchinson • Aug. 17, 2023
  • A person stands in front of an electronic board displaying stock information at the Australian Securities Exchange.
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    Brendon Thorne / Stringer via Getty Images
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    Splitit draws $50M investment, plans ASX delisting

    The installment payments company is going private after signing an agreement with Motive Partners for a $50 million investment.

    By Caitlin Mullen • Aug. 16, 2023
  • Two Amazon-branded credit cards in front of the Amazon checkout page displayed on a mobile phone.
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    Permission granted by Amazon.

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    Amazon expands BNPL offering

    E-commerce giant Amazon is leveraging its Visa credit cards to offer buy now, pay later financing at retailers using the Amazon Pay checkout button.

    By Aug. 16, 2023
  • The word "zelle" in white letters against a purple background.
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    File:Zelle logo.jpg: Zellederivative work: Vahurzpu, Public domain, via Wikimedia Commons

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    Zelle parent hires new CEO

    Early Warning Services appointed a new CEO just as it's rolling out a new digital wallet and facing scrutiny from lawmakers and regulators.

    By Aug. 15, 2023
  • A photo of the Ampm ASAP Grab and Go autonomous c-store in Chase Center in Los Angeles.
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    Courtesy of Chase Center
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    Ampm opens autonomous convenience store in San Francisco stadium

    The store uses AiFi and Verizon Business technology to power a frictionless shopping experience where customers swipe a credit card at the entrance, grab their items and leave.

    By Jessica Loder • Aug. 14, 2023
  • Several workers walking out of the front of PayPal offices
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    Justin Sullivan via Getty Images
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    PayPal names Intuit exec as CEO

    Long-time Intuit executive Alex Chriss will lead the digital payments pioneer and join its board, as Dan Schulman steps down and plans to leave the board.

    By Aug. 14, 2023
  • Buy now pay later
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    Khaosai Wongnatthakan via Getty Images
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    Splitit targets areas BNPL rivals have ‘underserved’: CEO

    The installment payments company aims to more than double its B2B merchant sales volume by mid-next year, CEO Nandan Sheth said.

    By Caitlin Mullen • Aug. 14, 2023
  • Young fashionable tourist woman in Singapore checking out her smartphone
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    iStock.com/lechatnoir

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    Sponsored by Runa

    How digital value is poised to transform payments

    With the rising global adoption of digital payments, businesses that leverage digital value will better connect with customers and accelerate revenue growth.

    Aug. 14, 2023
  • Exterior front rendering of Discover Financial Services' Chatham Customer Care Center in Chicago, Illinois.
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    Courtesy of Discover Financial Services
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    Discover finds tech upskilling model in Chicago hub

    The card issuer looks at the Chatham call center and technology hub as a model for site selections, hiring procedures, customer service experience and community development.

    By Lindsey Wilkinson • Aug. 11, 2023
  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images
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    PayPal exec to exit next year

    Jonathan Auerbach, PayPal’s chief strategy, growth and data officer, will step into an advisory role at the end of this year before departing the company in 2024.

    By Aug. 10, 2023
  • T-Mobile storefront in San Francisco.
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    Justin Sullivan/Getty Images via Getty Images
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    T-Mobile, AT&T follow Verizon on discouraging credit cards for bill-pay

    The telecom carriers are incentivizing customers to use their debit cards or bank accounts, as opposed to credit cards, in automatic bill-pay programs.

    By Debbie Carlson • Aug. 10, 2023