Technology: Page 25
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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 -
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 Lynne Marek • Aug. 28, 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 -
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 James Pothen • Aug. 28, 2023 -
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 -
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 -
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 -
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 -
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 -
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 Lynne Marek • Aug. 22, 2023 -
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 -
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 -
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 -
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 -
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 Lynne Marek • Aug. 17, 2023 -
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 -
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 -
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 James Pothen • Aug. 16, 2023 -
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 James Pothen • Aug. 15, 2023 -
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 -
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 Lynne Marek • Aug. 14, 2023 -
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 -
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 -
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 -
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 James Pothen • Aug. 10, 2023 -
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