Extend targets hiring, expansion

The virtual corporate card and expense management services company plans to increase its workforce by 20% as it expands in the U.S. and abroad.

By Lynne Marek , Caitlin Mullen • Jan. 8, 2023

Can anything challenge ACH?

The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.

By Shamir Karkal • Jan. 6, 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

Card industry’s fraud-fighting efforts pay off: Nilson Report

Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report.

By Caitlin Mullen • Jan. 5, 2023

Coinbase to pay $100M in settlement

The system that flags suspicious activity saw a backlog of more than 100,000 alerts in late 2021, New York's Department of Financial Services found.

By Gabrielle Saulsbery • Jan. 5, 2023

Payments deals may climb in 2023

While the number of deals in the payments industry declined 14% last year, and even more by value, there are reasons to believe 2023 will be more active.

By Lynne Marek • Jan. 4, 2023

Fiserv CEO lands pay raise in new contract

The payments company renewed Frank Bisignano’s contract for another five years and gave him a 6% base salary increase.

By Caitlin Mullen • Jan. 3, 2023

Investors press FIS, Fiserv for divestitures

The big processors mushroomed in 2019 acquisitions, with promises that scale would pay off, but shareholders now urge them to consider divestitures.

By Lynne Marek , Caitlin Mullen • Dec. 22, 2022

Payments funding plummets in 2022

This year’s venture capital funding activity in payments paled in comparison to 2021’s record-setting year.

By Caitlin Mullen • Dec. 22, 2022

Job cuts piled up in payments this year

Payments companies chopped jobs as they confronted challenges posed by inflation and stagnating e-commerce growth.

By Caitlin Mullen • Dec. 21, 2022

Billtrust appoints new CEO

The payments processing software company tapped Sunil Rajasekar for the top post as it moves forward under new ownership.

By Tatiana Walk-Morris • Dec. 20, 2022

Fiserv hired ‘thousands’ of workers this year, CEO says

Even as the payments and fintech company cut employees this year, it hired “thousands” of workers, Fiserv CEO Frank Bisignano said in an interview. 

By Caitlin Mullen • Dec. 19, 2022

Wise, VizyPay target US hiring

Some payments companies have plans for extensive hiring next year, despite the economic headwinds that led other players to contract this year.

By Lynne Marek • Dec. 19, 2022

FIS to review business under shareholder pressure

The payments processor is undertaking a comprehensive review of operations after two investors pressed the company to increase shareholder value.

By Lynne Marek • Dec. 16, 2022

Convenience store chain adds ACH option for fuel payments

The upgrade adds the ability to pay for fuel at the pump, and using ACH allows the convenience store chain to save on swipe fees.

By Jessica Loder • Dec. 16, 2022

Is self-checkout worth the investment?

While autonomous checkout can speed up shopping trips and let employees take on new tasks, it doesn’t come without its frustrations, experts say.

By Brett Dworski • Dec. 15, 2022

Fiserv’s Milwaukee HQ plans advance

Milwaukee's city council unanimously approved creating a tax increment financing district to provide a grant for the company's new downtown headquarters.

By Caitlin Mullen • Dec. 15, 2022

Visa pledges $1B investment in Africa

The largest U.S. credit card network plans to make the investment over the next five years in a "commitment to Africa’s growth potential.”

By Lynne Marek • Dec. 14, 2022

Why real-time payments make sense today

The impact real-time payments could have on customers and providers alike should not be ignored — especially in the face of an impending recession, writes a fintech co-founder.

By Justin Adler • Dec. 14, 2022

Brex maintains hiring for key roles, some replacements

The fintech doesn't anticipate workforce reductions in 2023, but the broader industry isn’t done with job cuts, predicts Chief People Officer Angela Crossman.

By Caitlin Mullen • Dec. 13, 2022

Smith Oil adds app to streamline customer fuel payments

The app, expected to go live in early 2023, will use Liquid Barcodes’ C-StorePay technology as merchants seek relief from credit card swipe fees.

By Jessica Loder • Dec. 12, 2022

Jack Henry CEO jabs at rivals

The CEO of the payments and technology services company asserted that sales are strong and the pipeline for future business is steady, despite slowdowns at rivals.

By Lynne Marek • Dec. 12, 2022

SEC calls for disclosure on crypto risks

The collapse of FTX has slammed scores of creditors, prompting SEC concerns that companies may suffer losses from direct or indirect links to crypto markets.

By Jim Tyson • Dec. 12, 2022

Shift4 CEO suggests company could go private

The payments company, which went public in June 2020, isn’t ruling out a return to being private, its CEO said.

By Caitlin Mullen • Dec. 12, 2022

How payments will advance after the crypto crisis

At Northern Trust, which one day expects to custody digital assets, a top executive offers views on payments and digital assets evolving beyond the crypto crisis.

By Lynne Marek • Dec. 9, 2022

Galileo launches BNPL for financial firms

The fintech is managing the loans on behalf of financial institutions looking to offer installment payment plans to qualified borrowers.

By Tatiana Walk-Morris • Dec. 9, 2022