Modern Treasury CEO targets bigger customers

The digital payment services company brought on a chief revenue officer last year to better serve larger companies, according to CEO Dimitri Dadiomov.

By James Pothen • Sept. 27, 2023

JPMorgan taps Gusto to offer embedded payroll

Chase Payment Solutions’ small and medium-sized business customers can use Gusto to combine the payroll process with financial operations.

By Rajashree Chakravarty • Sept. 21, 2023

Brex adds AI tool

Brex, which got its start by offering corporate credit cards to startups, is one of many software vendors racing to bet on artificial intelligence.

By Alexei Alexis • Sept. 19, 2023

Small businesses embrace digital payments

Small business owners envision a cashless future, according to card giant Visa, even as some legislators move to protect unbanked and underbanked consumers.

By Tatiana Walk-Morris • Sept. 17, 2023

Shopify integrates Buy with Prime feature

In a move that alters the companies' relationship, competitors Shopify and Amazon partnered to give Prime customers the payment option.

By Tatiana Walk-Morris • Sept. 6, 2023

AI fintech Stampli opens Austin office

The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.

By James Pothen • Aug. 29, 2023

Marqeta expands embedded finance clientele

Embedded finance accounted for over half of fintech’s new bookings in the first half of 2023, and it’s lining up more clients for the service.

By James Pothen • Aug. 25, 2023

PayNearMe partners with Dollar General

The deal increases PayNearMe's retailer footprint by one-third, bringing the ability to pay bills in cash to more Americans.

By Gabrielle Saulsbery • Aug. 24, 2023

Bill to compete with Intuit after partnership ends

“Intuit has decided to compete on payments rather than partner,” Bill CEO Rene Lacerte told analysts Thursday.

By Caitlin Mullen • Aug. 18, 2023

Splitit targets areas BNPL rivals have ‘underserved’: CEO

The installment payments company aims to more than double its B2B merchant sales volume by mid-next year, CEO Nandan Sheth said.

By Caitlin Mullen • Aug. 14, 2023

Toast CEO: Lessons learned from fee flub

“We learned a lot from this,” Toast CEO Chris Comparato said. “And there’s more questions we’re going to ask ourselves internally when we execute these types of pricing changes or structural changes moving forward.”

By Caitlin Mullen • Aug. 10, 2023

Marqeta lands Block contract extension

Fintech Marqeta extended its contract to provide services for Block’s Cash App card through 2027, although at a lower price.

By Caitlin Mullen • Aug. 9, 2023

Fintech Wisetack bets on bank partnerships for growth

Wisetack, which recently teamed up with Citizens, seeks to add more large bank partners to handle the lending aspect of its pay-over-time offering for the services industry.

By Caitlin Mullen • Aug. 7, 2023

Stripe brings tax product to platforms, taps AI

The tool can help CFOs wade through a complicated tax compliance environment, easing the path to international growth, Stripe said.  

By Grace Noto • Aug. 3, 2023

FIS, Fiserv revenue growth slows in banking

For both mega-processors, sluggish revenue in their banking segment is causing a drag on overall revenue growth.

By Lynne Marek • Aug. 2, 2023

Global Payments adds hybrid payment service for ISVs

The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.

By Caitlin Mullen • Aug. 2, 2023

Shopify taps Ramp to save on corporate expenses

E-commerce company Shopify is adopting more artificial intelligence by automating its corporate expenses through Ramp.

By James Pothen • Aug. 1, 2023

ACI eyes FedNow for cross-border uses

In the future, FedNow will be part of the race to develop cross-border instant payment systems and use cases, said ACI Worldwide CEO Tom Warsop.

By Lynne Marek • Aug. 1, 2023

How Trintech arranged an acquisition from Fiserv

“The M&A market has had a lull, but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive. 

By Maura Webber Sadovi • July 31, 2023

Fiserv racks up merchants for pay-by-bank services

The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.

By Caitlin Mullen • July 31, 2023

Wex acquires Ascensus unit for $180M

In addition to the Ascensus health and benefits unit purchase this month, Wex said it will invest up to $100 million in a new venture arm.

By Lynne Marek • July 28, 2023

Mastercard launches B2B virtual card tool

Mastercard teamed with Billtrust to begin offering the new tool, which will automate the process of sending and accepting virtual cards for business-to-business payments.

By Tatiana Walk-Morris • July 26, 2023

Payments venture funding skids

Venture capital interest in payments startups plunged in the second quarter, according to a CB Insights report.

By Lynne Marek • July 24, 2023

Will payments M&A pick up after slow start?

Despite a flurry of payments acquisitions recently, deal activity was slow in the first half of the year and some factors are still suppressing M&A.

By Caitlin Mullen • July 24, 2023

Amex corporate client growth ebbs

U.S. commercial card services volume grew 2% in the second quarter, relative to the year-ago period, American Express said in a Friday earnings report.

By Caitlin Mullen • July 21, 2023