Technology: Page 4
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Q&A
Worldpay tackles fraud-fighting in new ways
The payments processor is aligning with merchants, card issuers and networks to share transaction data and use AI to fight fraud.
By Lynne Marek • Jan. 30, 2025 -
Visa’s ex-CFO joins crypto company advisory board
The appointment adds a former top executive of a major card network to Fireblocks’ board as cryptocurrency firms seek more credibility.
By Grace Noto • Jan. 30, 2025 -
Explore the Trendline➔
toeytoey2530 via Getty ImagesTrendlineE-commerce drives digital payment advances
As e-commerce activity continues to climb, providers of digital payment tools are likely to keep evolving their online offerings.
By Payments Dive staff -
TransferMate joins Amazon’s payments pack
As part of the e-commerce giant’s ecosystem, the Irish business-to-business payments provider can advance its bid to expand internationally.
By Tatiana Walk-Morris • Jan. 30, 2025 -
HSBC sunsets year-old app Zing
The bank launched the money transfer app last year in a bid to compete with cross-border payments companies like Wise and Remitly, but is shuttering the operation now.
By Rajashree Chakravarty • Jan. 29, 2025 -
Apple, Google coalition seeks to skirt payments rule
Tech advocacy groups argue the tech giants should not be subject to a Consumer Financial Protection Bureau rule because they aren’t payment companies, according to a lawsuit filed this month.
By Patrick Cooley • Jan. 29, 2025 -
Gen Z still prefers in-person shopping
The generation prioritizes buying beauty and luxury goods in person, placing a premium on the physical shopping experience, research from Adyen shows.
By Xanayra Marin-Lopez • Jan. 29, 2025 -
Amex GBT rolls out emissions-based carbon pricing tool
American Express Global Business Travel said its new tool will help business travelers calculate their carbon footprint and direct investments toward sustainability initiatives.
By Zoya Mirza • Jan. 29, 2025 -
Deep Dive
Fintechs may gain at banks’ expense in Trump era
The Trump administration may usher in policies that buttress the aspirations of new entrant payments players and increase competition for banks.
By Lynne Marek • Jan. 28, 2025 -
X teams with Visa on new digital payments tool
Billionaire Elon Musk’s social media site has forged an alliance with the card network giant to launch a new digital payments tool later this year.
By Lynne Marek • Jan. 28, 2025 -
Courtesy of https://www.prnewswire.com/news-releases/american-fintech-council-afc-selects-phil-goldfeder-as-ceo-301752973.htmlQ&A
Trade group leader discusses BNPL security and appeal
American Fintech Council CEO Phil Goldfeder discussed the reasons consumers have started using buy now, pay later services in greater numbers, and why they return to the emerging payment method.
By Patrick Cooley • Jan. 27, 2025 -
Highnote raises $90M for expansion
The embedded payments company led by former Braintree executives will use the capital to extend its business into providing acquiring services.
By Tatiana Walk-Morris • Jan. 27, 2025 -
Trump order embraces stablecoins, bars CBDCs
President Trump issued a “digital financial technology” executive order Thursday backing the cryptocurrency industry and terminating any federal work on a central bank digital currency.
By Lynne Marek • Jan. 23, 2025 -
Chopra delivers last-minute digital payment edicts
The Consumer Financial Protection Bureau made a bid in the last days of the Biden administration to better protect consumers using digital payments tools.
By Lynne Marek • Jan. 22, 2025 -
Stripe pushes out 300 employees
Despite the 3.5% cut to the payments services company’s headcount, it still plans to increase its total employee headcount to 10,000 by the end of the year, up from 8,200 now.
By Patrick Cooley • Jan. 22, 2025 -
AI promises 2025 advances for payments industry
The emerging technology will help merchants process payments faster and provide customers with more ways to pay, those who follow the payments industry say. It will also increasingly offer a defense against rising fraud.
By Patrick Cooley • Jan. 21, 2025 -
FIS entangled in Capital One outage over days
Fidelity National Information Services blamed a local power loss and hardware failure for the issue, which Bank of Oklahoma said affected more than two dozen financial institutions.
By Dan Ennis • Jan. 21, 2025 -
Opinion
Why enabling FedNow ‘send’ matters
Financial institutions that “fail to adopt both send and receive functions may be exposing their organizations to competitive disadvantages as well as reputational risks,” writes one industry executive.
By Mihail Duta • Jan. 17, 2025 -
Q&A
How AI makes payments faster, cheaper
Artificial intelligence can simplify payment transactions for merchants, Davi Strazza, president of North America for Adyen, said in an interview.
By Patrick Cooley • Jan. 15, 2025 -
Buy now, pay later users pile on debt, CFPB finds
Consumers who use BNPL take out multiple loans and have more personal debt than consumers who don’t use the payment method, according to a new report from the Consumer Financial Protection Bureau.
By Patrick Cooley • Jan. 14, 2025 -
Payments laws apply to online games, CFPB says
Video game companies that operate online gaming platforms must comply with the Electronic Fund Transfer Act, the agency said.
By Patrick Cooley • Jan. 13, 2025 -
CFPB picks FDX to set open banking standards
The nonprofit will craft standards for consumer data sharing between financial institutions for the next five years.
By Patrick Cooley • Jan. 10, 2025 -
RTP payments surged 38% last year
The high-speed payments system operated by The Clearing House also saw the value of transactions nearly double last year over 2023.
By Lynne Marek • Jan. 10, 2025 -
Deep Dive
Payments plays gather momentum in 2025: 6 industry trends to watch
Deregulation, artificial intelligence and stablecoin use are among the industry forces that will drive more digital payments use and innovation this year.
By Lynne Marek and Patrick Cooley • Jan. 9, 2025 -
Fintech Dave alters fee structure, blasts DOJ over amended lawsuit
The cash advance online platform called the lawsuit “a continued example of government overreach.”
By Rajashree Chakravarty • Jan. 9, 2025 -
FTV Capital raises $4B for more B2B investments
The venture capital firm with a fintech focus said the latest fundraising brings the total raised since its founding to $10.2 billion.
By Patrick Cooley • Jan. 9, 2025