Technology: Page 6
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Trump taps Shift4’s Isaacman to run NASA
The CEO of the payment and technology company has led two space missions for the private company SpaceX.
By Patrick Cooley • Dec. 4, 2024 -
FedNow racks up nearly $246M in annual expenses
The Federal Reserve projects the real-time payment system’s costs will climb slightly next year, from the $245.5 million it expects to spend this year.
By Lynne Marek • Dec. 4, 2024 -
Explore the Trendlineâž”
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 -
Global Payments spots 6 trends for next year
The payments processor predicts fraud-fighting tools, embedded payments and comprehensive point-of-sale systems will be center stage in 2025.
By Tatiana Walk-Morris • Dec. 4, 2024 -
Q&A
Worldpay exec talks digital wallet security
The head of fraud prevention for the processor said the company leverages data to block hackers and fraudsters seeking digital wallet information.
By Patrick Cooley • Dec. 3, 2024 -
CFPB proposes rule to rein in data brokers’ sale of consumer information
With the proposal, the federal agency aims to crack down on fraudsters and others seeking to use sensitive personal information for illicit activities.
By Lynne Marek • Dec. 3, 2024 -
Black Friday winners and losers
Payments players charted an increase in spending over the Thanksgiving Day holiday weekend, with e-commerce sales growth outstripping the rise in stores.
By Daphne Howland • Dec. 2, 2024 -
Sponsored by PayNearMe
Lead or be left behind: Adapting to the payment needs of every generation
Meet the payment needs of every generation to boost loyalty, satisfaction and on-time payments.
Dec. 2, 2024 -
BNPL use may rise this year for holiday shopping
With credit card interest rates at a historic high, consumers are likely to gravitate to lower-cost alternatives, including potentially buy now, pay later options, industry consultants say.
By Patrick Cooley • Nov. 27, 2024 -
Q&A
Ex-PayPal CEO opines on everything from crypto to Cobol
Bill Harris, who briefly led the payments pioneer, talks about the U.S. lagging in payments innovation, and the potential of stablecoins.
By Lynne Marek • Nov. 26, 2024 -
Push payment scam losses to surpass $3B by 2028: report
U.S. fraud losses due to push payment scams are rising, partly because of more real-time payments, according to a report from the payments company ACI Worldwide.
By Tatiana Walk-Morris • Nov. 25, 2024 -
Real-time payments scams rise
More people are falling for real-time payment scams as the use of such speedy systems increases, a FICO survey showed.
By Patrick Cooley • Nov. 22, 2024 -
CFPB tweaks big tech payments rule
In finalizing the new rule to oversee digital wallet providers Thursday, the Consumer Financial Protection Bureau said it made important changes to its initial proposal.
By Lynne Marek • Nov. 21, 2024 -
Amazon now accepts EBT card payments
The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.
By Patrick Cooley • Nov. 21, 2024 -
Deep Dive
PayPal CEO pushes beyond payments
After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.
By Lynne Marek • Nov. 20, 2024 -
Google Pay adds Afterpay BNPL services
Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.
By Patrick Cooley • Nov. 19, 2024 -
Scams ensnare even sophisticated consumers, Fed says
Criminals leverage advanced technology to make so-called mule accounts that pass as humans and persuade consumers to send money to scammers, a Kansas City Fed paper says.
By Patrick Cooley • Nov. 18, 2024 -
Sponsored by Wind River Payments
The real question behind embedded vs. integrated payments: Creating seamless transactions
Interested in learning more about embedded payments and how you can leverage them for your business?
Nov. 18, 2024 -
Opinion
Payments players should embrace digital currencies
“Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.
By Ryan Miller • Nov. 15, 2024 -
Mastercard aims to cancel manual card entry by 2030
The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.
By Tatiana Walk-Morris • Nov. 15, 2024 -
Shift4 CEO bets on crypto and Trump
The payment processor’s CEO, Jared Isaacman, plans to plunge ahead with a recent crypto initiative, wagering that President-elect Trump will give a boost to the effort.
By Patrick Cooley • Nov. 14, 2024 -
Private sector merits ‘significant’ payments footprint, Waller says
The Federal Reserve must consider when to make up for private sector shortcomings in payments, while keeping its role limited, board member Christopher Waller said Tuesday.
By Tatiana Walk-Morris • Nov. 13, 2024 -
Klarna files for IPO
The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.
By Patrick Cooley • Nov. 13, 2024 -
Young people fall prey to payments fraudsters
Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.
By Patrick Cooley • Nov. 12, 2024 -
Will Shift4 scoop up Lightspeed?
The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.
By Lynne Marek • Nov. 11, 2024 -
Q&A
Open banking to move toward FDX standard
Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.
By Lynne Marek • Nov. 11, 2024