The Latest
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Tim Boyle via Getty Images
Uplift to offer Southwest Airlines customers BNPL options
As the buy now, pay later trend catches on, Southwest is tapping Uplift to offer customers installment payment options.
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Courtesy of Jimmy Im
Appetize Technologies becomes a player at 15 more stadiums
The company that helps sports stadiums offer mobile and contactless ordering of food, drink and merchandise added five new major league and 10 new minor league venues to its roster as the baseball season gets underway.
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Sean Gallup via Getty Images
Discover pitches identity theft protection services beyond cardholders
Discover is casting a broader net for customers of the service at a time when the COVID-19 pandemic has increased consumer demand for online protection, and put a damper on its mainstay credit card business.
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Daphne Howland/Payments Dive
Macy's workers win battle against mobile app purchases
The retailer can no longer use its Scan and Pay app in departments where employees make commissions, a labor arbitrator has ruled.
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Permission granted by SoFi
SoFi credit card to offer Bitcoin and Ethereum rewards
SoFi is the latest fintech to offer crypto-based credit cards after seeing an appetite for them in the market.
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Fox Photos via Getty Images
As US consumers ditched credit cards, delinquency rates dropped
Consumers turned to debit cards and made payments on credit cards during the pandemic in a shift that meant fewer losses for banks, an S&P Global Market Intelligence report found.
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Stuart C. Wilson via Getty Images
E-commerce fraud to surpass $20B in 2021, an 18% jump over last year, report finds
Behavioral biometrics and secured APIs can help rein in the rising fraud, according to a recent Juniper report.
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Chip Somodevilla via Getty Images
Biden plan would boost P2P payments services data sharing with IRS
The effort would require banks and P2P payment services to report annual account inflows and outflows to the IRS in an attempt to capture up to $460 billion in unpaid taxes, mostly from businesses.
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Permission granted by Varo Bank
Retail organizations sue Fed over debit law enforcement
Two North Dakota retail associations allege in a new federal lawsuit the Fed hasn't properly fulfilled its duty to determine "reasonable" debit card processing fees under a 2010 law.
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Courtesy of Visa
Visa taps cryptocurrency to ratchet up revenue
Visa executives this week detailed a litany of ways they're looking for cryptocurrencies to build the card network company's business, a striking shift from a year ago.
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Courtesy of Shopify website
Shopify revenue rises with increased online sales, e-commerce boom
The e-commerce giant expects online sales to subside as the economy opens up, but anticipates business will continue growing this year.
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Oli Scarff via Getty Images
Barclays US to offer merchants BNPL payments option
The bank had considered creating its own in-house BNPL system, but shifted gears and opted to work with tech firm Amount, said Barclays US CEO Denny Nealon.
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Adobe Stock / Gorodenkoff
Fiserv benefits from SMB-business demand, pens PayPal pact
The payments processor has stoked small and mid-sized customer commerce with acquisitions over the past few years, including several in recent months, and will do the same with the new PayPal tie.
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DoorDash
DoorDash changes pricing, keeps some payments processing fees
The delivery company rolled out a new approach to commissions after restaurants complained about high third-party fees during the pandemic, and as some municipalities consider making temporary delivery caps permanent.
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Courtesy of Gemini
Gemini partners with Mastercard to launch crypto rewards card
The crypto card slated to launch this summer is gaining traction among users and has amassed 140,000-person waitlist.
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Courtesy of American Express
American Express targets more growth in China
The credit card company has attracted 14 million merchants in the country.
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Alex Wong via Getty Images
Crypto firm Ripple Labs remains squarely in regulator's sights
The Securities and Exchange Commission pressed on with a new court filing against the blockchain payments company, despite a leadership change.
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Justin Sullivan via Getty Images
52% of gas station merchants fall short of new chip card standard
Only about half of major fuel merchants expected to install new chip card technology on all their pumps by this month's deadline, but most had it on at least half their pumps, an ACI Worldwide survey found.
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Peter Macdiarmid via Getty Images
TransUnion invests in blockchain startup Spring Labs
The investment can open doors for financial institutions that deal in huge swaths of consumer data to share information without sharing the underlying data, said TransUnion Senior Vice President Marko Ivanov.
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Alex Wong / Staff via Getty Images
Deep DiveVisa, Mastercard face biggest challenges in a decade
Regulatory, legislative and court confrontations over the card network companies' fees are ratcheting up pressure again for reform of the behemoths' practices.
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Courtesy of Cardless
Cardless partners with Manchester United to issue credit cards for soccer fans
"This product helps serve a market not previously filled by traditional financial partners," Cardless Founder and President Michael Spelfogel said.
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Sean Gallup / Staff via Getty Images
IBM, Mastercard aid Saudi Arabia move toward cashless system
The U.S. companies' work for Saudi Arabia advanced the country's campaign to reduce cash transactions, even as some other countries refrain from efforts to do away with cash.
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Courtesy of Affirm
BNPL company Affirm buys Returnly for $300M as US returns rise
Returnly CEO Eduardo Vilar expects to extend his company's reach under Affirm ownership.
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Courtesy of Richard Howson
Transit payment systems revamped for post-COVID commuters
Cities across the country are looking to revamp their transit payment channels to make ticketing simpler, faster and safer.
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Courtesy of Amazon
Amazon One palm payment tool comes to Whole Foods
The technology lets a shopper pay with a hand scan linked to an Amazon Prime account or credit card.
