Technology: Page 35


  • Jared Isaacman standing in a corporate office.
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    Courtesy of Shift4
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    Shift4 adds PayPal’s checkout tools

    Shift4 will promote the digital payments giant’s checkout capabilities to merchants and receive a share of revenue for any PayPal checkout.

    By Caitlin Mullen • March 1, 2023
  • Mastercard image of two interlocking circles and a horizon seen through them.
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    Courtesy of Mastercard
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    Mastercard embraces nationalism

    The card company isn’t shying away from countries in which the governments are taking a more insular approach to building their payments systems.

    By March 1, 2023
  • Creative image with coins jumping from one phone to another. Explore the Trendline
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    kentoh via Getty Images
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    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
  • Three iPhones grouped together. On the left is products of shoes, the middle shows a woman putting on lip liner, and the right shows a screen full of data insights.
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    Courtesy of Klarna
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    Klarna’s growth comes at a cost

    The buy now, pay later pioneer kept up growth despite employee cuts last year. The credit loss rate edged up too.

    By Feb. 28, 2023
  • Sezzle ekes out a profit

    The buy now, pay later company has cut costs by winding down operations in some markets, renegotiating prices with merchants and tightening underwriting.

    By Caitlin Mullen • Feb. 28, 2023
  • Remitly's digital bank Passbook targets immigrants.
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    Permission granted by Remitly
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    Remitly to shutter digital banking platform Passbook

    The Seattle-based remittance fintech launched Passbook in 2020. The product, however, hasn’t garnered significant overlap with existing customers, Remitly CEO Matt Oppenheimer said.

    By Anna Hrushka • Feb. 27, 2023
  • Business person handles accounting
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    shih-wei via Getty Images
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    Paymentus bets on office return boost

    New business bookings and onboarding of signed clients have both picked up steam as workers return to offices, said Paymentus CEO Dushyant Sharma.

    By Caitlin Mullen • Feb. 27, 2023
  • cryptocurrency graphic
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    Dan Kitwood via Getty Images
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    Transparency key to crypto’s next phase: Circle CFO

    USDC issuer Circle is moving to become a public company, its CFO said, even as regulatory attention on the space sharpens.

    By Grace Noto • Feb. 24, 2023
  • Green Dot GO2bank
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    Courtesy of Green Dot
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    Green Dot juggles customer changes

    The banking-as-a-service company posted profits in the final quarter of last year even as it recovered from the loss of clients.

    By Feb. 24, 2023
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    Joe Raedle via Getty Images
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    Block boosts Ahuja’s responsibilities

    Pledging to be more efficient with a revamp of the company’s leadership structure, Block has combined the CFO and COO roles under Amrita Ahuja.

    By Caitlin Mullen • Feb. 24, 2023
  • GoDaddy banner hangs outside of the New York Stock Exchange
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    Spencer Platt via Getty Images
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    GoDaddy launches payable domain service

    GoDaddy now offers its business owner clients a digital payment tool that is customizable to their company branding.

    By Tatiana Walk-Morris • Feb. 24, 2023
  • The Federal Reserve building is seen January 22, 2008 in Washington, DC.
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    Chip Somodevilla via Getty Images
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    FedNow aims to avoid Zelle-type fraud

    As the Federal Reserve prepares for a mid-year launch of its instant payments system, FedNow, it’s zeroing in on anti-fraud tools to protect users.

    By Feb. 23, 2023
  • 100 dollar bills with green streaks spiraling around them and 0s and 1s in the background
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    Viorika via Getty Images
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    Same-day, B2B payments fuel ACH growth

    Last year’s same-day ACH limit increase helped nearly double that category’s total payment compared to 2021, Nacha said.

    By Tatiana Walk-Morris • Feb. 23, 2023
  • Interior of Discover Financial Services customer care center building
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    Courtesy of Discover Financial Services
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    Discover launches tech website

    The card company joined the Linux Foundation and Fintech Open Source Foundation as part of a broader investment into its developer ecosphere.

    By Matt Ashare • Feb. 23, 2023
  • credit cards
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    Joe Raedle via Getty Images
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    Paymentus hands interim CFO severance benefits

    The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.” 

    By Maura Webber Sadovi • Feb. 16, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast acquires drive-thru tech company

    Adding Delphi Display Systems’ technology helps Toast more broadly serve its quick-service restaurant customers, the company’s executives said.

    By Caitlin Mullen • Feb. 16, 2023
  • Branch card is used
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    Courtesy of Branch
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    Branch draws Uber, others into fold

    After landing Uber as a client, the worker payment services company has recently attracted other logistics and delivery clients with help from that big name.

    By Caitlin Mullen • Feb. 16, 2023
  • Mobile phone with currency symbols
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    hqrloveq via Getty Images
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    Payments firms gear up for new ISO standard

    The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard.

    By Feb. 15, 2023
  • A photo of a grabango checkout kiosk being used by a shopper.
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    Permission granted by Grabango
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    Coen stores add Grabango checkout technology

    As the frictionless locations go into service, Grabango’s CEO Will Glaser sees the technology gaining traction in coming years.

    By Jessica Loder • Feb. 15, 2023
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    Sarah Silbiger via Getty Images
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    SpotOn aims to unseat restaurant rivals

    The restaurant payments and software company is battling Toast and Square and taking on legacy payments companies such as NCR and Oracle.

    By Caitlin Mullen • Feb. 14, 2023
  • A client pays contactless with her smartphone as people queue up to buy deep fried doughnut balls (oliebollen) on December 31, 2020 in The Hague, Netherlands.
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    Pierre Crom via Getty Images
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    P97, Visa partner on payment security

    The agreement aims to reduce friction for connected-car payments and enhance mobile payment acceptance at 60,000 convenience stores.

    By Jessica Loder • Feb. 13, 2023
  • Global Payments CEO Jeff Sloan
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    Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021
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    Global Payments sells gaming unit for $415M

    Like the company’s $1 billion sale of its Netspend consumer unit, the divestiture reflects efforts to refine its portfolio, said Global Payments CEO Jeff Sloan.

    By Caitlin Mullen • Feb. 10, 2023
  • Fiserv headquarters in Brookfield, Wisconsin
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    Google Maps

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    Fiserv’s new HQ approved for state tax credits

    The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.

    By Caitlin Mullen • Feb. 10, 2023
  • Schulman walking outside with a name tag on his chest.
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    Kevin Dietsch via Getty Images
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    PayPal CEO will retire at the end of 2023

    Dan Schulman said he plans to exit then, but will be flexible in the timing. He called 2023 a potentially “transformational year” for the digital payments company.

    By Feb. 9, 2023
  • Customer pays with card
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    dikushin via Getty Images
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    Ingenico aims to make acquirers more competitive

    Ingenico is adding an in-store payments software service, and hinted that a large U.S.-based merchant acquirer will start using it soon.

    By Caitlin Mullen • Feb. 9, 2023
  • Affirm to acquire Returnly.
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    Courtesy of Affirm
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    Affirm cuts 500 employees

    The buy now, pay later provider is eliminating jobs after its loss for the fourth quarter of last year ballooned over the same period in 2021.

    By Feb. 9, 2023