The Latest

  • Image attribution tooltip

    clikced it myself - Vaidik Trivedi

    PayPal hit with Venmo fraud lawsuit

    Yet another lawsuit related to alleged fraud on a peer-to-peer payment app targets digital payments company PayPal.

  • CFPB head Rohit Chopra talks on a panel for New America Foundation
    Image attribution tooltip
    The image by New America is licensed under CC BY 2.0

    CFPB strikes at debt collector fees

    In the federal agency's crusade against “junk fees," debt collectors’ fees for certain payments are now in its sights.

  • Stax CEO and Cofounder Suneera Madhani
    Image attribution tooltip
    Retrieved from Outside spokesperson Daniel Gerardi on March 29, 2022
    Opinion

    From a payments CEO: 5 discriminatory behaviors that need to go

    “Until the industry addresses this blatant lack of advocacy for women in leadership, it will continue to foster a culture where women can’t thrive,” says Stax CEO Suneera Madhani.

  • Walmart Store Exterior at Night
    Image attribution tooltip
    Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night

    FTC sues Walmart over money transfer services

    The federal agency said Tuesday that the big retailer allowed money transfer fraud that “fleeced customers out of hundreds of millions of dollars.”

  • None
    Image attribution tooltip
    Lynne Marek/Payments Dive

    There's cheaper gas if you pay with cash

    About a third of convenience stores are now giving a discount to consumers who pay for gas with cash, according to the results of a retailer survey issued this week.

  • Image attribution tooltip
    Drew Angerer via Getty Images

    Wagestream jumps into US on-demand pay fray

    With $175 million in recently raised capital, the British new entrant in the U.S. earned wage access arena is setting lofty goals for expansion.

  • Person using a self-checkout station at a supermarket
    Image attribution tooltip
    Elena Perova via Getty Images

    Self-checkout terminal sales jump: report

    Cashless systems are growing in popularity, with the sale of self-checkout terminals expected to surge 50% to 300,000 annually by 2027, according to an industry research firm.

  • Uncut sheet of U.S. $100 bills
    Image attribution tooltip
    eranicle via Getty Images

    Fundbox nudges SMBs to shift strategies in face of inflation

    The San Francisco-based provider of credit and payment solutions to small businesses recently announced partnerships with both card network Visa and payment processing platform Stripe.

  • None
    Image attribution tooltip
    Chainarong Prasertthai via Getty Images

    Fintech Amount cuts about 18% of workforce

    The Chicago-based banking technology provider, valued at $1 billion last year, said this week it had pared 108 workers in what the company called “proactive adjustments.”

  • None
    Image attribution tooltip
    gorodenkoff via Getty Images

    PayPal launches small business credit card

    The digital payments company is targeting small business owners as they seek credit financing and loans.

  • BurgerFi Anthony's Visa Card
    Image attribution tooltip
    Courtesy of BurgerFi

    BurgerFi and Anthony's launch co-branded Visa rewards card

    The card offers customers 3% cashback on all purchases at any of the restaurant brands’ 185 locations.

  • Image attribution tooltip
    Steve Jennings via Getty Images

    Brex's move has fellow fintechs ready to pounce

    Brex cutting small business customers — the handling of which prompted a mea culpa from the co-founder — may provide opportunity for B2B fintechs like Ramp or Divvy. But big banks still dominate the space. 

  • Image attribution tooltip
    Khaosai Wongnatthakan via Getty Images

    BNPL faces tough economic challenges

    Evidence suggests that BNPL borrowers are increasingly having trouble paying off their loans, based on a report from one analyst who follows the U.S. buy now-pay later provider Affirm.

  • Image attribution tooltip
    Courtesy of Bed Bath & Beyond

    Bed Bath & Beyond adds BNPL option

    The retailer said its buy now-pay later option, Welcome Pay, allows customers to pay for purchases in four payments.

  • Image attribution tooltip
    Sean Gallup via Getty Images

    PayPal changes up its pricing

    In a move that could increase or decrease charges for merchants, the company said it aims to better distinguish between personal and commercial payments on its system.

  • Image attribution tooltip
    DKosig via Getty Images

    Alviere sets sights on Europe, Latam expansion

    Embedded payments player Alviere has raised money from Silicon Valley Bank to support expansion in Europe and Latin America, following the hiring of a pack of new executives.

  • CFPB head Rohit Chopra talks on a panel for New America Foundation
    Image attribution tooltip
    The image by New America is licensed under CC BY 2.0

    CFPB takes aim at card late fees

    The Consumer Financial Protection Bureau seems to think credit card late fees are out of control. Now, it plans to do something about it.

  • Image attribution tooltip
    Poike via Getty Images

    EVO Payments finds deals harder to come by, CEO says

    EVO Payments has grown over the past decade through dozens of acquisitions, but it’s not so eager to buy now.

  • None
    Image attribution tooltip
    Drew Angerer via Getty Images

    Mastercard shareholders reject ghost guns proposal

    A shareholder who is also a state official and candidate for Congress urged the card giant’s board to issue a report related to untraceable guns, but the proposal didn’t win enough support to pass at the company’s annual meeting.

  • Models for Alo Yoga wearing red apparel.
    Image attribution tooltip
    Permission granted by Alo Yoga

    Alo Yoga accepts crypto payments, allows crypto paychecks

    The direct-to-consumer lifestyle brand is betting big on Web3 technology, although U.S. data suggest minimal usage of crypto for purchasing goods.

  • None
    Image attribution tooltip
    Courtesy of Walmart

    Walmart, Roku partner to evolve shoppable streaming ads 'beyond the QR code'

    The mega-retailer is the exclusive partner on a new Roku feature that allows people to purchase products by clicking on ads with their remote.

  • None
    Image attribution tooltip
    Courtesy of Mastercard

    Mastercard expands sonic branding with 'Priceless' album

    The multi-artist album, a first-time marketing move by the card company, features original songs that incorporate Mastercard’s brand sound.

  • None
    Image attribution tooltip
    designer491 via Getty Images

    Discover eyes benefits of downturn

    As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses.

  • Image attribution tooltip
    NicoElNino via Getty Images
    Opinion

    Friendly fraud: How should fintechs view the risks?

    With friendly fraud, fintechs don’t always consider the whole picture when it comes to fraudulent disputes.

  • Accounts payable and receivable
    Image attribution tooltip
    champpixs via Getty Images

    Tipalti spearheads digitization in middle market

    B2B fintech Tipalti aims to scoop up some additional businesses as startups struggle with a slowdown in equity funding.