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

Explore the Trendline➔

E-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

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

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

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

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

FIS readies finances for Worldpay separation

Fidelity National Information Services took an accounting hit against its third-quarter results last year as it prepared to cast off its Worldpay unit.

By Lynne Marek • Nov. 7, 2023

Micropayments poised to surge: Forrester

In the U.S., bank-based payments need to gain steam before micropayments can truly take off, but there are increasing signs that’s on track, said Forrester analyst Lily Varón.

By Caitlin Mullen • Nov. 7, 2023

Cross-border payment headaches burden consumers: Mastercard report

As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.

By Tatiana Walk-Morris • Nov. 7, 2023