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

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

Explore the 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

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

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

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

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

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