Technology: Page 3
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Real-time payments to make uneven progress, report predicts
The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.
By Lynne Marek • Oct. 7, 2024 -
Fiserv nets special banking charter in Georgia
The payments processor is only the second company to win the special bank charter since Georgia made it available.
By Patrick Cooley • Oct. 4, 2024 -
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 -
Mastercard to buy Minna Technologies
The card network will acquire the Swedish business in a bid to provide consumers with a centralized hub for managing their subscriptions.
By Tatiana Walk-Morris • Oct. 2, 2024 -
P2P payments tools lack transparency, consumer group says
Zelle, the popular peer-to-peer payment service, and rivals should be more upfront with consumers about the ability to ask for money back, Consumer Reports says.
By Patrick Cooley • Oct. 2, 2024 -
Payments conferences to keep on your radar for 2025
Artificial intelligence, FedNow and the ISO 20022 standards are expected to be hot topics at next year’s events.
By Shefali Kapadia • Oct. 1, 2024 -
Affirm may offer discounts after Fed interest rate cut
The Federal Reserve’s interest rate reduction may give the company leeway to offer more consumers 0% interest or a lower APR, Affirm CFO Michael Linford said this week.
By Patrick Cooley • Oct. 1, 2024 -
Visa to buy cybersecurity firm Featurespace
The cybersecurity acquisition is the latest move in a race by card networks to meet their clients’ needs in keeping up with fraud threats.
By Lynne Marek • Sept. 26, 2024 -
Moneygram faces backlog after outage
The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.
By Lynne Marek • Sept. 26, 2024 -
How Visa stymied big tech rivals
The U.S. lawsuit paints a picture of the dominant card network using lures and threats to stifle competition from competitors Apple, PayPal and others.
By Lynne Marek • Sept. 25, 2024 -
Q&A
Sezzle evolves alongside BNPL industry
The company now offers more products but also faces more regulatory pressure, Sezzle CEO Charlie Youakim told Payments Dive.
By Patrick Cooley • Sept. 25, 2024 -
Stripe shows signs of IPO, despite co-founder comments
The company, which offers payments processing software, has kept its plans close to the vest, but industry insiders say they’ve seen clues.
By Patrick Cooley • Updated Sept. 26, 2024 -
Love’s adds digital payment method
The convenience store operator turned to Relay Payments to allow truck drivers to pay securely at most of their fueling locations.
By Jessica Loder • Sept. 23, 2024 -
Amazon, Google stake out bigger foothold in payments
The tech giants are inserting themselves into more retail transactions to build loyalty and harvest customer data.
By Patrick Cooley • Sept. 23, 2024 -
DailyPay to offer service outside US
Earned wage access provider DailyPay plans to begin offering its services outside the U.S. for the first time later this year.
By Lynne Marek • Sept. 23, 2024 -
Walmart, Fiserv team to offer real-time payments
The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.
By Lynne Marek • Sept. 20, 2024 -
Amazon adds PayPal option to Buy with Prime
The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.
By Tatiana Walk-Morris • Sept. 20, 2024 -
Affirm CEO stakes out differences with Klarna
Affirm makes money off transactions, whereas Klarna has revenue from marketing, Affirm CEO Max Levchin contended.
By Patrick Cooley • Sept. 19, 2024 -
Brex rolls out embedded payments tool
The fintech aims to capture a larger share of the B2B payments market, working with partners in addition to selling directly, Brex's president said.
By Rajashree Chakravarty • Sept. 19, 2024 -
Fed payments proposal pits big banks against small rivals
The Federal Reserve’s proposal to extend the operating hours of two interbank payments systems has been welcomed by large banks, but panned by many small financial institutions.
By Lynne Marek • Sept. 18, 2024 -
Rain to offer EWA services via Workday
The earned wage access provider will now be able to offer its services to more employers through the human resources software firm’s systems.
By Tatiana Walk-Morris • Sept. 18, 2024 -
Apple launches Affirm BNPL option
Apple Pay customers can now use their iOS 18 phone or iPadOS 18 to access Affirm buy now, pay later options, including some that don’t charge interest.
By Lynne Marek • Sept. 17, 2024 -
Block shuffles leadership, creates chief risk officer role
Block will move several longtime executives into different positions and create a new role to address customer safety, the company said Monday.
By Patrick Cooley • Sept. 17, 2024 -
Lawmakers push for crackdown on fintechs
Two U.S. senators demanded tighter regulations on BaaS and fintech partnerships, saying they pose “a broader threat to the stability of our banking system and the economy.”
By Rajashree Chakravarty • Sept. 17, 2024 -
Visa, Mastercard enable rail transit payment in Beijing
The major card networks enabled systems that allow international travelers in China to use their cards to pay for Beijing rail transit as of last week.
By Lynne Marek • Sept. 16, 2024 -
Sponsored by PayNearMe
Key trends shaping the future of payments
Explore trends reshaping the landscape of payments and how businesses can stay ahead with modern solutions.
Sept. 16, 2024