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    CFPB weighs in on earned wage access

    The federal agency hinted this week that it will scrutinize earned wage access services and their fees to determine whether they're subject to lending laws. It also suggested it may revisit Trump-era policies regarding such businesses.

    By Jan. 20, 2022
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    pixelfit via Getty Images

    Payments pros demand top dollar in talent war

    It’s become a “candidates’ market” with companies desperate to hire or retain payments executives and offering up to 30% premiums to lure professionals in short supply.

    By Jan. 20, 2022
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    Matias Delacroix via Getty Images

    B2B payments can be a pain. Here's why 2022 might be the year that changes.

    The COVID-19 pandemic pushed the fast-forward button on payments innovation in the B2B space, and a crop of new technologies are set to make these payments faster and easier.

    By Jan. 18, 2022
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    Permission granted by Levy

    Payments firms see slam dunk opportunity with sports venues

    Digital payments players are charging into the sports and events space, bringing new technologies to arenas they say can improve the fan experience and unlock a trove of data.

    By Jan. 10, 2022
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    Sean Gallup / Staff via Getty Images

    The potential payments peril of punishing Russia

    The international community is weighing kicking Russia out of the Swift global payments network as a sanction for the country's aggression in Ukraine, but it could backfire.

    By Jan. 6, 2022
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    Zhanna Hapanovich via Getty Images

    Payments deals pile up in 2021

    More than $50 billion in acquisitions were announced last year by companies in the payments arena. That wasn't a record, but it still ranked among one of the industry's busiest years for deal-making.

    By Jan. 5, 2022
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    Tero Vesalainen via Getty Images

    7 payments trends for 2022 as innovation climbs

    From cross-border services to BNPL to cybersecurity tools, there will be no shortage of innovation and competition in the payments industry as businesses and their regulators shape new digital tools in the wake of the COVID-19 pandemic.

    By , , Jan. 4, 2022
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    choness via Getty Images

    Payments firms raised record sums in 2021

    It was a banner year for payments startups in 2021, as they raked in nearly $32 billion in investments, according to research firm CB Insights. This year could be even hotter.

    By Dec. 28, 2021
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    Delmaine Donson via Getty Images

    Community banks form payments network to compete with Zelle: report

    Community bank innovation consortium Alloy Labs Alliance will manage the network in partnership with Payrailz, a digital payments company, Forbes reported. 

    By Anna Hrushka • Dec. 20, 2021
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    scyther5 via Getty Images

    Payhawk plans 2022 New York office opening

    The Sofia-based company raised more than $130 million this year, arming it to take on U.S. rivals in providing business clients with payments management tools.

    By Ted Jackson • Dec. 17, 2021
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    yalcinsonat1 via Getty Images

    Corcentric to grow through SPAC

    Payments technology company Corcentric aims to grow, including internationally, by way of a merger with a special purpose acquisition company that will raise capital and take the business public.

    By Dec. 13, 2021
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    Will crypto wages catch on?

    NFL star Odell Beckham and Miami Mayor Francis Suarez may grab headlines by taking salaries in bitcoin, but can companies pitching crypto pay services make inroads with average wage-earners?

    By Ted Jackson • Dec. 8, 2021
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    Kevin Dietsch via Getty Images

    For hourly workers, the paycheck is the enemy

    The magnitude of financial precarity in America is staggering. This is why employers have a responsibility for the financial health of their workers.

    By David Baga • Dec. 8, 2021
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    Courtesy of Facebook Messenger

    Facebook Messenger tests split payments

    Meta's Facebook is testing a split payments feature in its messaging app for U.S. users, though it's not clear when there will be a broader release.

    By Tatiana Walk-Morris • Dec. 7, 2021
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    Courtesy of Afterpay

    Buy now-pay later orders rise 34% in holiday season, Afterpay says

    The company also said user spending online rose 30%, with more Gen Z shoppers using the service between Black Friday and Cyber Monday.

    By Tatiana Walk-Morris • Dec. 6, 2021
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    CardX CEO Jonathan Razi testifies before the Colorado House Business Affairs & Labor Committee earlier this year. Retrieved from CardX on July 8.

    Will Stax acquisition of CardX mean more surcharging?

    With the Stax acquisition of CardX last week, the combined company plans to scale its mission of bringing surcharging tools to more merchants.  

    By Dec. 6, 2021
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    Joe Raedle via Getty Images

    Square takes a new moniker: Block

    No sooner does Jack Dorsey arrive full-time at Square than the company decides it needs a new name. The corporate parent will become Block, but keep the Square brand for its digital payments business.

    By Dec. 1, 2021
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    H. Armstrong Roberts via Getty Images

    Wise gears up for U.S. expansion

    Wise plans to expand in North America next year, increasing its U.S. workforce by 150 employees, or more than 40 percent, including at a new office in Austin, the company said.

    By Dec. 1, 2021
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    Permission granted by PayPal Spokesman Joseph Gallo

    PayPal offers Wix merchants BNPL options

    PayPal began offering Wix merchants in the U.S. its buy now-pay later and credit services last month for the first time. Wix merchants in the United Kingdom and France will also have access to the services in "coming months," the companies said.

    By Dec. 1, 2021
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    VectorInspiration via Getty Images

    FIS may sell unit to Symphony Tech for $2B: Report

    Mega payments processor FIS is in discussions about the possibility of selling part of its capital markets unit to investment firm Symphony Technology Group, according to a report from Bloomberg. The transaction could be valued at about $2 billion, the outlet reported, citing unnamed sources.

    By Nov. 28, 2021
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    Courtesy of Mastercard

    Mastercard buys payments processor Arcus FI, expanding in Latin America

    Mastercard said the acquisition will allow it to "help support the delivery of bill pay solutions and other real-time payment applications across Latin America."

    By Nov. 24, 2021
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    Poike via Getty Images

    Stripe CFO Suryadevara draws on challenges as GM CFO

    Suryadevara has ventured into unfamiliar business terrain before, becoming GM treasurer with little prior knowledge of the role.

    By Jim Tyson • Nov. 18, 2021
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    Oli Scarff via Getty Images

    Amazon takes battle against Visa to UK

    The move by the e-commerce behemoth Amazon to reject U.K. Visa cards is putting pressure on Visa to lower card transaction fees worldwide.

    By Nov. 17, 2021
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    Mark Wilson via Getty Images

    Podium raises $201 million, eyes expansion

    After entering the payments business last year, the company says it’s on pace to process about $1 billion in transactions this year.

    By Nov. 16, 2021
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    Retrieved from Flickr/RikkisRefuge.

    "The check is not dead," Deluxe CEO says

    The long-time check printing company still relies on that business for a third of its business, but it's creating a host of other services, mainly for small and mid-sized companies, CEO Barry McCarthy says.

    By Nov. 12, 2021