Analysts on lookout for Fiserv job cut costs

With the company set to report third-quarter results next week, ongoing employee cuts have put severance expense under the microscope.

By Caitlin Mullen • Oct. 18, 2022

PayPal launches cash-back rewards program

The digital payments pioneer is trying to rope in customers with rewards via a new loyalty program, just in time for the holiday shopping season.

By Tatiana Walk-Morris • Oct. 18, 2022

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

Green Dot fires CEO, postpones event

The company terminated Dan Henry as its CEO on Friday, and postponed an investor event, even as its earnings guidance remained steady.

By Anna Hrushka • Oct. 17, 2022

Fed’s Waller expresses skepticism on CBDC

Launching a digital currency could introduce costs and risks posing harm to the U.S. dollar's standing internationally, Waller said. The dollar’s primacy, he added, has little to do with technology.

By Gabrielle Saulsbery • Oct. 17, 2022

Apple to launch high-yield savings account with Goldman Sachs

The move is the logical next step for the Apple-Goldman partnership, according to one consultant, who said the day-to-day banking product complements Apple’s Goldman-powered credit card offering.

By Anna Hrushka • Oct. 17, 2022

PayPal brings Zettle terminal to US

After launching the new terminal in Europe last year, PayPal is offering the point-of-sale equipment now for small businesses in the U.S.

By Tatiana Walk-Morris • Oct. 17, 2022

Affirm gains, Klarna slips in Q3

As buy now-pay later providers vie for holiday shoppers, Affirm's third-quarter market share increase showed it's gaining as Klarna's growth stalled.

By Caitlin Mullen • Oct. 14, 2022

Stripe CEO praises European regulation over US

Patrick Collison, who founded the company with his brother, gave an edge to the European Union in creating a regulatory regime where fintechs are thriving.

By Lynne Marek • Oct. 13, 2022

Tips from Mastercard-backed fintech founders

As the startup environment shifts, founders of fintechs that have received support from Mastercard shared their thoughts on culture, evolving technology and embracing the unknown.

By Caitlin Mullen • Oct. 13, 2022

Reduce cyber risk as digital bill payment options expand

“Not all payment platform companies are managing operational and security as judiciously as they could, and that will eventually result in costly payment failures, customer friction, or potentially a breach,” writes PayNearMe Vice President Tim Murphy.

By Tim Murphy • Oct. 13, 2022

4 takeaways from Michael Barr’s DC Fintech Week speech

The Federal Reserve’s vice chair for supervision stressed caution for banks’ ties to crypto and spotlighted how stablecoins differ from other digital assets.

By Dan Ennis • Oct. 13, 2022

Will Toast achieve profits next year?

Restaurant payments company Toast may be on a path to profitability by the third quarter of next year, Mizuho Americas analysts predicted this week.

By Caitlin Mullen • Oct. 12, 2022

Hollister app lets teens shop, parents pay

The Abercrombie & Fitch Co. brand released the Share2Pay function based on company data about customer pain points.

By Dani James • Oct. 11, 2022

Another crypto CFO exits

Brian Roberts is the latest in a series of finance executives stepping down from the chief financial officer seat at cryptocurrency companies.

By Elizabeth Flood • Oct. 11, 2022

Cross-border payment plays rev up

The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.

By Lynne Marek • Oct. 10, 2022

Uber adds debit card, instant deposit for drivers

Uber’s new debit card will provide drivers up to 10% cashback on gas, 12% on EV charging and instant pay after completion of a ride or delivery. 

By Aneurin Canham-Clyne • Oct. 7, 2022

Standard AI’s taps cameras with checkout-free tech

The checkout-free company is looking to help its convenience store customers make more informed decisions on how to run their operations, CEO Jordan Fisher said.

By Brett Dworski • Oct. 7, 2022

Big-name BNPL providers remain scarce in stores: report

As spending shifts back to stores, retailers are side-stepping big-name buy now-pay later providers, such as Affirm and Afterpay, in favor of offering their own in-store options, a recent survey revealed.

By Caitlin Mullen • Oct. 7, 2022

Future of B2B payments lies in embedded finance

“Unfortunately, the business-to-business market lags behind its B2C counterpart and is only just beginning to embrace embedded finance,” writes Melio COO Tomer Barel.

By Tomer Barel • Oct. 7, 2022

Checkout-free technology spreads at airports

New frictionless convenience stores are coming to airports in Los Angeles and Dallas, continuing a trend that has gained steam since last summer.

By Brett Dworski • Oct. 6, 2022

PayPal acting CFO’s pay package hints at staying power

The $2.5 million in equity grants PayPal is handing its interim chief financial officer are part of the kind of package typically given to long-term CFOs, executive search experts said. 

By Maura Webber Sadovi • Oct. 5, 2022

Afterpay adds monthly BNPL option

The Block-owned buy now-pay later provider is growing beyond its “pay in 4” plans by adding a financing option for pricier purchases.

By Caitlin Mullen • Oct. 5, 2022

FTC issues warning on BNPL claims

As buy now-pay later popularity has mushroomed, the companies offering the financing have attracted the attention of another regulator.

By Caitlin Mullen • Oct. 5, 2022

Warren report slams Zelle reimbursements

The senator pushed to bolster a key CFPB rule after releasing a report tallying claims of fraud and scams on the P2P platform submitted by Truist, PNC, U.S. Bank and Bank of America.

By Dan Ennis • Oct. 4, 2022

Fiserv adds data service for large merchants

The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.

By Caitlin Mullen • Oct. 4, 2022