Technology: Page 35
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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 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 Lynne Marek • March 1, 2023 -
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 -
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 Lynne Marek • 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 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 -
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 -
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 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 Lynne Marek • Feb. 24, 2023 -
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 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 -
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 Lynne Marek • Feb. 23, 2023 -
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 -
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 -
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 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 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 -
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 Lynne Marek • Feb. 15, 2023 -
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 -
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 -
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 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’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 -
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 Lynne Marek • Feb. 9, 2023 -
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 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 Lynne Marek • Feb. 9, 2023