Toast CEO: Lessons learned from fee flub

“We learned a lot from this,” Toast CEO Chris Comparato said. “And there’s more questions we’re going to ask ourselves internally when we execute these types of pricing changes or structural changes moving forward.”

By Caitlin Mullen • Aug. 10, 2023

New Fed unit to supervise crypto, nonbank partnerships

The central bank clarified that any state bank it supervises must get the regulator’s green light before issuing, holding or transacting in dollar tokens, such as stablecoins, to facilitate payments.

By Anna Hrushka • Aug. 9, 2023

Explore the 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

Flywire CFO to step down

The company and CFO Mike Ellis “have come to a mutual understanding that the next phase of growth for Flywire needs new leadership in the Finance, Global Treasury & Public Markets area,” a spokesperson said of Ellis’s exit.

By James Pothen • Aug. 9, 2023

Marqeta lands Block contract extension

Fintech Marqeta extended its contract to provide services for Block’s Cash App card through 2027, although at a lower price.

By Caitlin Mullen • Aug. 9, 2023

Payments companies pursue AI

Card network giant Visa and digital payments company Block are among those tapping artificial intelligence to save money and serve customers in new ways.

By James Pothen • Aug. 8, 2023

PayPal launches stablecoin

PayPal is planting a flag in the stablecoin space despite the slow uptake of digital assets in consumer payments and the lingering crypto chill.

By Caitlin Mullen • Aug. 8, 2023

Amazon’s checkout tech powers Pittsburgh campus convenience store

Although its Just Walk Out technology has yet to take off at retail locations, the company is having some success connecting with universities.

By Jeff Wells • Aug. 7, 2023

Fintech Wisetack bets on bank partnerships for growth

Wisetack, which recently teamed up with Citizens, seeks to add more large bank partners to handle the lending aspect of its pay-over-time offering for the services industry.

By Caitlin Mullen • Aug. 7, 2023

Google adds Nelo to its digital wallet

The partnership allows Mexican payments platform Nelo to expand out of purely digital payments to in-person transactions via Google Wallet.

By James Pothen • Aug. 7, 2023

EWA study by Harvard spotlights worker input

Earned wage access provides financial assistance to users while trapping them in “short-term liquidity crunches,” according to a new report by Harvard University researchers.

By Tatiana Walk-Morris • Aug. 4, 2023

Flutterwave expands cross-border payments to US, Canada

This is the payments company’s fourth move to expand its international business this summer.

By James Pothen • Aug. 4, 2023

Former Google Cloud CFO heads to Stripe

The transition to a new CFO comes at a time when the digital payments company might be gearing up to go public.

By Alexei Alexis • Aug. 3, 2023

Shift4 shrinks workforce

The payments company cut 150 employees in the second quarter, executives said Thursday during an earnings conference call.

By Caitlin Mullen • Aug. 3, 2023

Apple spotlights global ambitions with ‘Pay the Apple Way’ ad campaign

The marketing push follows the addition of consumer-focused features by the tech giant this year, including a buy now, pay later payments tool.

By Jessica Deyo • Aug. 3, 2023

Stripe brings tax product to platforms, taps AI

The tool can help CFOs wade through a complicated tax compliance environment, easing the path to international growth, Stripe said.  

By Grace Noto • Aug. 3, 2023

PayPal closes in on new CEO

Digital payments titan PayPal is nearing a decision on who will be its next CEO, with the company circling a short list of candidates.

By Lynne Marek • Aug. 3, 2023

Stax names new CEO

New CEO Paulette Rowe was previously at cross-border digital payments company Paysafe. Stax’s sister-brother co-founders exited quietly earlier this year.

By Caitlin Mullen • Aug. 3, 2023

GameStop ditches its crypto wallets due to ‘regulatory uncertainty’

The retailer, which is pulling support on Nov. 1, had sought to tap into gaming culture to make crypto a larger part of the company’s future. 

By Nate Delesline III • Aug. 2, 2023

Global Payments adds hybrid payment service for ISVs

The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.

By Caitlin Mullen • Aug. 2, 2023

Convenience chain Refuel expands self-checkout deployment

After testing Mashgin’s technology late last year, the retailer will roll out the platform to 10 locations across its footprint.

By Brett Dworski • Aug. 2, 2023

Shopify taps Ramp to save on corporate expenses

E-commerce company Shopify is adopting more artificial intelligence by automating its corporate expenses through Ramp.

By James Pothen • Aug. 1, 2023

ACI eyes FedNow for cross-border uses

In the future, FedNow will be part of the race to develop cross-border instant payment systems and use cases, said ACI Worldwide CEO Tom Warsop.

By Lynne Marek • Aug. 1, 2023

How Trintech arranged an acquisition from Fiserv

“The M&A market has had a lull, but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive. 

By Maura Webber Sadovi • July 31, 2023

RTP takes on FedNow

As the only two real-time payments rails in the U.S., the rivalry between RTP and FedNow could get intense, but maybe not.

By Lynne Marek • July 31, 2023

Fiserv racks up merchants for pay-by-bank services

The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.

By Caitlin Mullen • July 31, 2023