Technology: Page 31


  • Michael Barr
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    Win McNamee via Getty Images
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    5 takeaways from Michael Barr’s views on CBDCs, stablecoins and more

    The Federal Reserve’s vice chair for supervision spoke about “responsible innovation” Friday at a Philadelphia Fed fintech conference.

    By Suman Bhattacharyya • Sept. 11, 2023
  • PayPal CEO Dan Schulman sitting and gesturing with his hand.
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    Eugene Gologursky via Getty Images
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    PayPal CEO stresses stablecoin potential

    The digital payments pioneer has set its expectations high for growth in stablecoins, as regulators circle the space.

    By Sept. 11, 2023
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
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    Trendline

    Cross-border payments targeted for upgrades

    When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

    By Payments Dive staff
  • Max Levchin, the CEO of buy now, pay later company Affirm
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    Kevin Dietsch / Staff via Getty Images
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    Affirm extends bridge to regulators

    “I think a fair amount of our competitors believe that they’ll either talk their way out of [regulatory attention] or hide,” Affirm CEO Max Levchin said.

    By Caitlin Mullen • Sept. 11, 2023
  • Man using cell phone at Santiago de Chile stock photo
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    iStock.com/cokada

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    Sponsored by Runa

    How digital value unlocks new opportunities in fintech

    Digital value networks are innovating payments in a way that traditional processes struggle to support. 

    By Aron Alexander, CEO and Founder of Runa • Sept. 11, 2023
  • self checkout
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    Permission granted by PDI
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    Convenience store company credits ‘improved labor situation’ to AI-powered self-checkout

    The retailer brought the automated platforms to 2,200 stores across North America, and 40% of in-store payments at these sites run through them, CEO Brian Hannasch said.

    By Brett Dworski • Sept. 8, 2023
  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images
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    PayPal expands tie with Meta

    The digital titans plan to extend a partnership in which the payments company channels charitable giving on the Facebook and Instagram social media sites.

    By Sept. 8, 2023
  • An African American young man paying with a smartphone at a coffee shop
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    Milko via Getty Images
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    CFPB takes aim at Apple, Google tap-to-pay tech

    “Regulations imposed by Big Tech firms have a big impact on whether consumers and businesses can make payments using third-party apps,” CFPB Director Rohit Chopra said in a Thursday press release.

    By Sept. 8, 2023
  • Elon Musk
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    Maja Hitij via Getty Images
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    X nabs Rhode Island, Mississippi money licenses

    The new licenses are aimed at advancing Elon Musk's campaign to expand the social media company formerly known as Twitter into the payments business.

    By Sept. 7, 2023
  • An employee uses Square point of sale hardware
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    Courtesy of Square
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    Block CFO details Square’s revamped sales approach

    Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

    By Caitlin Mullen • Sept. 7, 2023
  • Parthenon in Athens with person in front of structure.
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    Milos Bicanski via Getty Images
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    JPMorgan Chase revs up payments lab hiring

    The bank is venturing further into fintech and payments for new product development at its lab in Greece.

    By Tatiana Walk-Morris • Sept. 7, 2023
  • Shopify bag logo and name. in front of a brick wall.
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    Courtesy of Shopify
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    Shopify integrates Buy with Prime feature

    In a move that alters the companies' relationship, competitors Shopify and Amazon partnered to give Prime customers the payment option.

    By Tatiana Walk-Morris • Sept. 6, 2023
  • Hand of businessman using smart phone with coin icon
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    Creative stock via Getty Images
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    Visa leans into stablecoin efforts

    Visa has tapped new partners, including Worldpay and Solana, to build on a digital currency experiment it began in 2021 with Ethereum and Crypto.com.

    By Sept. 5, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast CEO resigns

    Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan. 1.

    By Caitlin Mullen • Sept. 5, 2023
  • Julie Yoo against a background of greenery wearing a black shirt.
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    Permission granted by Andreessen Horowitz
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    Q&A

    Andreessen Horowitz circles healthcare payments

    A health tech partner at the venture capital firm outlined her fintech investment thesis and why the healthcare industry is at an inflection point.

    By Rebecca Pifer • Sept. 1, 2023
  • Two people sending money to each other through a digital wallet app on their smartphones.
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    MStudioImages via Getty Images
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    Zelle transaction volume jumps

    Second-quarter transaction volume at the bank-owned peer-to-peer payments app rose 10% over the first quarter, parent Early Warning Services said.

    By Sept. 1, 2023
  • A bicycle delivery person in a city checking an address on a mobile app.
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    South_agency/E+ via Getty Images
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    Opinion

    Why on-demand pay lures employees

    Employers can better compete for gig workers, and other employees, by offering instant payment of wages, one fintech president argues.

    By Charles Rosenblatt • Aug. 31, 2023
  • Screenshots of the Amazon Just Walk Out integration with Grubhub's app.
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    Permission granted by Grubhub
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    Grubhub, Amazon team on automated campus convenience store

    Students at the Loyola University Maryland store will scan a QR code in the food delivery app to enter the frictionless shop and pay for items.

    By Jessica Loder • Aug. 31, 2023
  • An over-the-shoulder shot of a person using a smartphone to check the balance of a digital wallet while standing on a city street at night.
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    gorodenkoff via Getty Images
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    Google joins OpenWallet Foundation

    "We look forward to working closely with other OWF members to advocate for solutions that ensure we’re building a privacy-forward wallet for everyone,” Google Wallet Vice President Jenny Cheng said.

    By Aug. 31, 2023
  • One person holds out a hardware device and the other person taps a watch to the device, with fitness center weights in the background.
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    Permission granted by Joe Rauch
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    Elavon, Ingenico team on new payments tool

    U.S. Bank’s payments software unit is locking arms with the French hardware-maker to take on a raft of competitors targeting small businesses.

    By Aug. 30, 2023
  • A freight train enters the downtown area of Austin, Texas.
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    Brandon Bell via Getty Images
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    AI fintech Stampli opens Austin office

    The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.

    By Aug. 29, 2023
  • U.S. Capitol In Washington
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    Stefan Zaklin via Getty Images
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    Q&A

    Processor trade group weighs in on FedNow, surcharges

    The American Transaction Processors Coalition, which includes payments players from Visa to Fiserv, strives to strike a balance in representing their interests at the federal and state levels.

    By Aug. 28, 2023
  • 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
  • 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