Nacha CEO counts FedNow as competition

Although FedNow will be a competitor to the ACH network, it’s also poised to fill current gaps in the system, Nacha CEO Jane Larimer said Monday.

By Caitlin Mullen • March 21, 2023

DoorDash adds cash payment option

The company’s white label delivery service can now accept cash payments, which drivers would collect as part of their pay.

By Julie Littman • March 21, 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

Mastercard buys Baffin Bay Networks

The card network company said it bought the cybersecurity business to better combat cyber-attacks in an increasingly threatening environment.

By Lynne Marek • March 20, 2023

Apto Payments, Sardine team on anti-fraud tools

Apto Payments and Sardine are joining forces to offer commercial customers issuing cards better anti-fraud tools.

By Tatiana Walk-Morris • March 20, 2023

Western Union CEO gives rivals respect

The legacy money transfer company has lost the advantage of scale over younger fintechs like Remitly and Wise, but it’s discounting digital services to claw back customers.

By Lynne Marek • March 20, 2023

Brex, other fintechs stand by troubled banks

After a week of several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

By Gabrielle Saulsbery • March 17, 2023

BNPL firms snag consumers at checkout: J.D. Power

As buy now, pay later use rises, consumers are learning about the payment option at checkout, more so than from social media or family and friends.

By Tatiana Walk-Morris • March 17, 2023

Meijer, Flashfood expand tie-up to include SNAP payments

The Midwestern grocer is the first of the food waste solution company’s partners to make the payment method accessible on the company’s app. 

By Peyton Bigora • March 16, 2023

FedNow aims for late end of launch period

The Federal Reserve is targeting July, as opposed to the earlier end of its prior range, for starting its new real-time payments service.

By Lynne Marek • March 16, 2023

Tilia C-suite gets overhaul

The payments startup has a new team of top executives to spearhead payments for gaming, social media and other next-generation marketplaces.

By Lynne Marek • March 14, 2023

Cloud-enabled processing with PayiQ: The key to automating merchant onboarding

In a world where merchants expect fast and easy payments, the time required for ISOs and ISVs to complete arduous technical onboarding processes can cost sales and damage reputations.

March 13, 2023

Affirm courts Amazon for more business

Even as it angles for an increase, the buy now, pay later provider’s CFO acknowledged Thursday that its juggernaut e-commerce partner has other BNPL options.

By Caitlin Mullen • March 10, 2023

USDA picks 5 states for mobile SNAP payments pilot

Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers. 

By Catherine Douglas Moran • March 9, 2023

FedNow may draw in low-income users

The real-time payments system due later this year could have particular appeal to unbanked and underbanked Americans, Fed researchers say.

By Lynne Marek • March 9, 2023

Pagos aims to check merchants’ payments costs

With a recent venture capital infusion for the merchant software tools provider, Pagos is planning to add jobs, including engineers.

By Ryan Deffenbaugh • March 9, 2023

Brex offers ChatGPT-style tools

The announcement comes as interest in ChatGPT is rapidly gaining momentum, even as some worry about potential privacy and security risks.

By Alexei Alexis • March 8, 2023

Shift4 needles rival Toast

Toast and Shift4 are battling to win larger customers in the intensely competitive restaurant payments arena. 

By Caitlin Mullen • March 8, 2023

Amazon Go to close 8 of its stores

The company will close the checkout-free stores next month as it struggles to get its physical retail footprint right.

By Brett Dworski • March 7, 2023

Affirm exits Australia

Less than two years after launching in Australia, the buy now, pay later company is shuttering its operations there.

By Caitlin Mullen • March 7, 2023

Banking technology provider Amount cut 25% of staff

The Chicago-based fintech, which was valued at $1 billion in 2021, recently initiated its second round of layoffs in less than a year.

By Anna Hrushka • March 6, 2023

PayPal leans on Venmo for growth

While the digital payments pioneer has kept its PayPal and Venmo operations separate, the parent company expects them to converge in about a year.

By Lynne Marek • March 6, 2023

Senators urge regulators to keep close eye on Zelle

Five Democrats blasted the platform for its use of murky language, such as “authorized” transactions, in fraud-related reimbursements of customers.

By Rajashree Chakravarty • March 6, 2023

Jack Henry, ACI pounce on FedNow

The companies are gearing up to add U.S. real-time services for customers with the mid-year launch of the Federal Reserve instant payments system.

By Lynne Marek • March 3, 2023

Square raises prices

The price increases come as Block’s merchant business faces stiffer competition in the point-of-sale software market.

By Caitlin Mullen • March 2, 2023

Fiserv discloses 7% drop in workforce

As the company cut 3,000 employees, Fiserv’s employee termination costs nearly doubled to $187 million in 2022.

By Caitlin Mullen • March 2, 2023