B2B
-
Courtesy of Snap, Inc.
OpinionTransparency, collaboration needed to spot online transaction fraud
False positives in the battle against e-commerce fraud are depriving retailers, credit card companies and payment processors of revenue on legitimate sales, CMSPI's Toby McFarlane said.
By Toby McFarlane • May 07, 2021 -
Permission granted by Stripe
Payments fintechs lure big bucks in first quarter, report says
The payments industry was a particular magnet for money during the first quarter, attracting more than $6 billion worldwide, a CB Insights report found.
By Lynne Marek • May 05, 2021 -
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.
By Vaidik Trivedi • May 04, 2021 -
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.
By Dan Ennis • April 30, 2021 -
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.
By Lynne Marek • April 28, 2021 -
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.
By Vaidik Trivedi • April 26, 2021 -
Chris McGrath via Getty Images
Semafone partners with Avaya on payment security
Companies are developing secure payment channels for over-the-phone transactions as call centers pivot to homes and digital transactions pick up pace.
By Vaidik Trivedi • April 19, 2021 -
Tipalti, BlueSnap target trillion-dollar middle market
The two payments companies with cross-border capabilities see opportunity in the middle-market because few businesses in that segment have digitized their financial operations.
By Lynne Marek • April 19, 2021 -
Permission granted by David Whitehead - Checkout.com
Checkout.com rolls out new product to provide real-time payouts
The new payment interface enables merchants and individuals to process domestic and cross-border payments in real-time.
By Vaidik Trivedi • April 14, 2021 -
Payroc plans to keep buying up payments players
The payments processor, under a new president's focus on growth, has acquired two companies in the past two weeks and expects to close on additional deals this month.
By Lynne Marek • April 09, 2021 -
Rapyd targets Miami expansion as it eyes global growth
The company rolled out a $100 million promotion in the city last month, and it's starting to get some response.
By Matt Thibault • April 09, 2021 -
Daphne Howland/Payments Dive
Payoneer gears up for growth by way of a SPAC and $3.3B valuation
The B2B payments company aims to build up its e-commerce payments business by expanding cross-border services for small and mid-sized businesses.
By Lynne Marek • April 06, 2021 -
White Ops
Fraud picks up as the economy goes digital during the pandemic, studies find
Digital transactions are vulnerable to fraud with more than $1 trillion stolen in 2020 due to cybercrime, new research from Sift and FICO revealed.
By Vaidik Trivedi • April 01, 2021 -
Visa Press Release
Visa expands payments network via Earthport acquisition
The company known for its credit and debit cards is building up its network to let payments happen without touching a card.
By Lynne Marek • March 30, 2021 -
Courtesy of Fiserv
Fiserv looks to boost POS business through Pineapple Payments acquisition
Fiserv looks to boost its Clover POS system sales by tapping into Pineapple Payments existing customers.
By Vaidik Trivedi • March 29, 2021 -
MoneyGram launches B2B service for global money transfer
Additionally, customers can transact through G-Coin tokens, which are backed by gold and allows people to own, save and spend the coin as a digital fiat currency.
By Anthony Epling • March 25, 2021 -
Courtesy of Jumio Media kit
Jumio lands $150M from private equity firm Great Hill Partners
The company focuses on B2B services, using digital identity verification tools including biometrics, computer vision, big data and machine learning to verify account-holders' identity and thwart fraud.
By Lynne Marek • March 23, 2021 -
Courtesy of LISNR press kit
Ultrasound payment authentication platform LISNR looks to raise capital, partners with Shuttl
Backed by Visa, the company has raised $40 million since its 2012 inception and will continue to fund its growth in the payments authentication landscape, LISNR's CEO Eric Allen told Payments Dive.
By Vaidik Trivedi • March 22, 2021 -
Courtesy of Best Buy
TreviPay targets acquisitions in Latin America, Southeast Asia
The B2B payments player, purchased by a private equity firm last year, is gunning for growth after the pandemic accelerated a trend toward businesses digitizing their payments systems.
By Lynne Marek • March 19, 2021 -
Fotolia
Mastercard, Visa to postpone some fee increases next month
Bowing to pressure from the White House and Congressional Democrats, the credit card companies won't increase expenses for merchants and consumers who are still coping with the pandemic.
By Lynne Marek • March 16, 2021 -
Nexus Systems teams with JPMorgan Chase on new payment service
Nexus caters to the real estate industry, and will partner with the bank in a bid to attract more small and mid-sized businesses to its "virtual card" service offering.
By Lynne Marek • March 16, 2021 -
Permission granted by Stripe
Stripe's new $95B valuation makes it the most valuable Silicon Valley startup
The payments processing company's new valuation is based on raising $600 million in new capital that it plans to use for further expansion in Europe.
By Lynne Marek • March 15, 2021 -
Courtesy of Flywire
Payments company Flywire to IPO, estimated $3B valuation
"Flywire becomes the pay button" for international students to pay U.S. businesses in their home currency, CEO Mike Massaro said.
By Anthony Epling • March 15, 2021 -
Getty Images
Lightspeed POS to acquire retail software company Vend for $350M
Lightspeed will leverage Vend's complementary technology stack and user experience capabilities to deliver commerce capabilities to retailers around the world.
By Anthony Epling • March 15, 2021 -
PayPal CFO: Pandemic has created 'inflection point' for digital payments
The virtual payments processor does not anticipate a post-pandemic drop in business, and intends to double its user base and triple total payment volume, according to John Rainey.
By Jane Thier • March 05, 2021
